On-chain data reveals that Kain, the founder of @synthetix_io, unlocked $6.5 million from the project’s treasury and donated $86,000 to SynthaMan, the company’s former treasurer, who suffered liquidation during the weekend’s market plunge.
SynthaMan had posted a message two days ago stating that he lost all his crypto assets due to liquidation. He also published an address requesting donations to survive until his ILV tokens are unlocked in September.
One hour ago, Synthetix founder Kain unlocked 150,000 ILV (worth $6.45 million) and transferred 2,000 ILV (worth $86,000) to the address provided by SynthaMan. So far, SynthaMan has received approximately $112,000 in donations over the past two days.
Synthetix 创始人 @kaiynne 向前 Synthetix 财务主管 SynthaMan 资助了 2000 枚 ILV ($86K)。
SynthaMan 在前天发帖说他因为清算失去了所有加密资产，并公布了一个地址请求捐款让他可以撑到 9 月份他的 ILV 解锁。
1 小时前，Synthetix 创始人 kain 解锁了 15 万枚 ILV ($6.45M)，然后将 2000 枚 ILV… https://t.co/zkP5IWk2Rw pic.twitter.com/PS1KOLJRzr— 余烬 (@EmberCN) August 7, 2024
This generous donation from Kain underscores the solidarity and support within the crypto community, particularly in times of financial distress. It also highlights the importance of community backing and the willingness of industry leaders to step in and support colleagues in need.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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