Bankless Nation, meet Kwenta. Having spun out of Synthetix – which Andrew clarifies as a liquidity protocol – Kwenta is a decentralized frontend platform for trading derivatives in DeFi. As a self-sufficient money lego, Kwenta has drawn from what makes Synthetix unique: a powerful community and elegant governance structure.

Find out what a maximally-successful Kwenta looks like, why they’re deploying on Optimism, and the future of liquidity and trading in DeFi. Contributor Andrew Trudel paints a strong picture of why Kwenta could be a DeFi staple.

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Topics Covered:

0:00 Intro
3:30 Andrew Trudel of Kwenta
7:46 Relationship with Synthetix
13:15 Composability
18:30 Kwenta Token
23:27 DAO Governance
25:37 Optimism Layer 2
29:04 Framework & Staking
32:01 The Future of Kwenta

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Resources:

Kwenta:
https://kwenta.io/

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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:
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