Introduction

This week on The Defiant Podcast, Tegan Kline chats with Kain Warwick, crypto OG and founder of Synthetix.

Synthetix is a new financial primitive enabling the creation of synthetic assets, offering unique derivatives and exposure to real-world assets on the blockchain. 

Today, we dive into what's next for Synthetix with the latest V3 launch, and what will cause the next big leg up in DeFi - what we’re calling DeFi Summer 2. 

We go on to discuss the differentiation between different perpetual products that exist in crypto, and how Synthetix made the decision to launch on a Layer 2 so quickly and burn all bridges behind them. And it gets pretty spicy with some tea on FTX and 3AC. 

Before we dive into it, Kain tells us what he's been up to since we last spoke to him about what it takes to scale Ethereum.