#16 - Kain Warwick - How Solana Can Fix Itself After LIBRA Memecoin Scandal

Kain Warwick, the founder of Synthetix and now Infinex, says Solana needs to fix its incentive models and internal processes to overcome its current issues with "extractive" memecoin launches — particularly following the recent LIBRA coin scandal.

However, Kain also says Solana's memecoin extraction problem is no different to the extraction meta Ethereum faced with ICOs in 2017 — it's simply a matter of blocking out the "bullshit" and getting on with the task at hand.

Kain Warwick is the founder of crypto's UX layer Infinex and DeFi protocol Synthetix and has been leading the charge in the crypto industry since 2014.

Socials

Kain Warwick: https://x.com/kaiynne
Infinex: https://x.com/infinex_app
Tom Mitchelhill: https://x.com/thecryptojourno
NGMI: https://x.com/ngmi_crypto
NGMI Newsletter: https://ngminewsletter.substack.com/