According to official news, Synthetix Fiscal Board has started the migration to V3, which marks the first phase of the transition to Synthetix V3. The migration of Ethereum Mainnet (L1) Pledgers to V3 is expected to open in 2-3 weeks. In addition, Synthetix's V2X and V3 systems will continue to interact during the transition period, the increase in V2X debt will affect the V3 traditional market, and the cross-chain synthesis between Ethereum and Optimism will continue. Synthetix cautioned that while SNX can still be transferred to L2, any related debt must be paid off first, and currently SNX pledgers do not need to take any immediate action.