2min chapter

The Defiant - DeFi Podcast cover image

Synthetix's Kain Warwick: What it Takes to Scale an Ethereum DeFi Protocol

The Defiant - DeFi Podcast

CHAPTER

Synthetic Assets - What Are the Advantages?

With synthetics, you have this range of assets that roll in a theory. You can go from rap an equivalent rapt b d c to us d and then into a synthetic version of eth,. And so you've got this ecosystem of synthetic assets that you can tap into. But i think the other i cand use cases other protocas. So we've seen, for example, with lyra, using synthetics as a way to hedge their exposure to the options trades that are happening within their options m pl. There there are a lot of differnt things you can do when you've got access to this. It gives you some interesting properties like that.

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