Kwenta Core Contributor Andrew Trudel delves into the relationships between the Synthetix protocol, its community, and Kwenta’s no-slippage DeFi platform on Optimism layer-2. We chat about the role of different collateral types and how they present different models for liquidity across layer-2 environments.
One of the hallmarks of spinning up new DeFi protocols is finding liquidity in a decentralized community. Kwenta approached this as an emergent project spawning from user demand in the engaged Synthetix community. Rather than laying out a completely new offering, Kwenta has been able to create value from the enthusiasm and expertise of the broader Synthetix ecosystem.
Andrew talks about how solving these DeFi puzzles presents a fascinating challenge with real-world implications for a range of people with less access to traditional financial services.
Kwenta: https://kwenta.io/
Andrew Trudel: https://twitter.com/Andotlas
Synthetix: https://synthetix.io/
Chainlink Today: https://twitter.com/ChainlinkToday
Andy Boyan: https://twitter.com/andyboyan
Dr. Andy Boyan studies how people use digital technologies in the messy world of real human behavior. Before blockchain, his research focused on digital media mechanics and complex adaptive systems. He now writes about decentralized tech disrupting finance, gaming, and how it’s shaping the next iteration of social dynamics.