#18 - How Synthetix Can Take Over Modern DeFi (420 Stake It) - Kain Warwick, Ben Celermajer

This week I sat down with Kain Warwick, the founder of Synthetix and Benjamin Celemermajer, the head of strategy at Synthetix to discuss how Synthetix is jostling to make a comeback in the new world of Modern DeFi.

Ben and Kain ran me through how the Synthetix 420 Pool (launched March 7) is introducing a new staking mechanism to deliver higher yields to SNX stakers, zero liquidation risk for stakers, greater stability for sUSD and improved capital efficiency for the SNX ecosystem.

We discussed Snaxchain, the problems of 'Modern DeFi' in 2025, how DeFi is secretly thriving despite market sentiment, and much, much more.

Socials

Kain Warwick: https://x.com/kaiynne
Ben Celemajer: https://x.com/CelermajerB
Synthetix: https://x.com/synthetix_io
Infinex: https://x.com/infinex_app
Tom Mitchelhill: https://x.com/thecryptojourno
NGMI: https://x.com/ngmi_crypto
NGMI Newsletter: https://ngminewsletter.substack.com/