3min 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

How to Get Synthetic Bitcoin Exposure on a Theorim?

There was no way to get bitcoin exposure on etherian back thene. And so wimy changed the monetory policy and said, you were going to go from this fixed supply of a hundred million tokens,. which is another dumb meam, right? The idea of having like a fixed supply of tokens, and they're all omitted at genesis, and then that's it, i think was not very useful. So we worked out a way, by paying incentives to people to stake the token, to get that fly, weel going in  and get people to actually learn how to stake... That was one of the big drivers ofo adoption. But i still think there's

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