In this episode, join Kain Warwick on the entrepreneurial journey that ultimately led him to create Synthetix, a permissionless financial primitive in the DeFi economy that enables users to get exposure to real-world assets on the blockchain using synthetic assets.
Kain Warwick is the founder of Synthetix, a decentralized finance protocol enabling the creation of synthetic assets. He founded multiple startups including a cash payment gateway for online services and a decentralized payment network, before pivoting to Synthetix. Kain has also worked as a tennis coach in California, started a band in Boston, and written a novel exploring the impact of AI.
Synthetix uses high-quality, tamper-proof price data from Chainlink Price Feeds to help secure every trade on its synthetic asset protocol. Accessing decentralized market data on-chain helps enable Synthetix to remove any centralized dependency and allows users to verify their positions are settled using tamper-proof price data.
“Accurate and secure price feeds are critical for the DeFi ecosystem. Chainlink is the most trusted oracle network in DeFi, which is why Synthetix has relied on them to provide this critical infrastructure since 2019.”
Kain Warwick, Founder of Synthetix
Block Stories is a series of short films that digs beneath the code and uncovers the origin stories of the most successful Web3 protocols. From next-generation insurance alternatives to NFTs and the emerging metaverse, discover the principles, people, and technologies behind the biggest Web3 innovations.