Decentralizing and the Role of the Council

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----- Can the Founder/CEO Role be Decentralized?

Joining the podcast today is Kain Warwick, Founder of Synthetix, a DeFi protocol that acts as a liquidity layer for an ecosystem of on-chain derivatives and financial instruments. We discuss the Evolution of Kain’s Role on Synthetix, striking a balance between Decentralization and taking advantage of Founder’s expertise, and observations on other DeFi Founders. Kain and Kevin also share their advice for aspiring Founders and how to achieve Work-Life balance.

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----- SPONSOR PILLS:

🌄 ValleyDAO | Build the SolarPunk Future  https://bankless.cc/ValleyDAO  

----- TIMESTAMPS:

0:00 Intro 4:47 Synthetix Kain’s Role Evolution 7:02 Why Decentralize? 10:06 The Importance of Founder’s Expertise 13:42 Kain’s Returns as Synthetix Founder 24:45 Progressive Decentralization 27:45 Learning from other DeFi Founders 33:13 Advice Decentralizing Founders 48:22 Finding Work-Life Balance 52:02 Closing Thoughts

----- SPEAKERS:

Kain https://twitter.com/kaiynne  

Kevin https://twitter.com/owocki 

----- RESOURCES:

Kain on Mirror https://mirror.xyz/kain.eth  

Synthetix https://synthetix.io/  

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----- Music by WABI SABI - snowflake - https://thmatc.co/?l=7786B012  

----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures