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.
Andrew Trudel: https://twitter.com/Andotlas
Chainlink Today: https://twitter.com/ChainlinkToday
Andy Boyan: https://twitter.com/andyboyan