Motion: DAOs are better than corporations (Kain Warwick vs. Edmund Schuster)
The Blockchain Debate Podcast
Announcement: I have a new show called “Crypto This Week.” It’s a weekly, five-minute news comedy satire focused on the world of crypto. Check it out on YouTube here: Crypto This Week with Richard YanGuests:Kain Warwick (twitter.com/kaiynne)Edmund Schuster (twitter.com/Edmund_Schuster)Host:Richard Yan (twitter.com/gentso09)Today’s motion is “DAOs are better than corporations.”Crudely speaking, DAOs are chat rooms with a joint bank account. More sophisticated DAOs code up treasury management decisions to be dictated by the outcomes of on-chain community voting. DAOs generally operate with a culture of maximal, real-time transparency. And there are very restrictive rules about what the governing body of DAOs can do.As DAOs gain popularity, we are increasingly seeing claims of how DAOs are superior to the corporate form. In the summer of 2021, the state of Wyoming even passed a DAO-related law that will provide liability protection for DAO members who organize as a Wyoming LLC.But are DAOs truly revolutionary forms of governance as they’re made out to be? This remains up to debate.Our two guests today are the founder of a major DeFi protocol and a returning guest in the form of a law professor at the London School of Economics and Political Science. It was a great debate, I hope you will enjoy it as much as I hosted it.If you’re into crypto and like to hear two sides of the story, be sure to also check out our previous episodes. We’ve featured some of the best known thinkers in the crypto space.If you would like to debate or want to nominate someone, please DM me at @blockdebate on Twitter.Please note that nothing in our podcast should be construed as financial advice.Source of select items discussed in the debate (and supplemental material):DAOs related to Synthetix: https://decrypt.co/37011/synthetix-is-now-controlled-by-three-daosEdmund Schuster's paper on smart contracts: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3476678Wyoming DAO law: https://www.coindesk.com/policy/2021/04/22/state-lawmaker-explains-wyomings-newly-passed-dao-llc-law/Guest bios:Kain Warwick is the founder of Synthetix, a protocol for trading synthetic tokens that wrap non-crypto assets such as currencies and stocks. Before Synthetix, Kain founded Blueshyft, a cash payment gateway for online services in Australia. In July, Kain published an article called “DAO First Capital Formation” where he advocated DAOs as a powerful mechanism for fundraising of new crypto startups.Edmund Schuster is an Associate Professor of corporate law at the London School of Economics and Political Science. His research focuses on corporate law, law and finance, takeover regulation, as well as the economic analysis of law. In October 2019, he published the paper “Cloud Crypto Land” that discusses inherent obstacles in the legal system that prevent blockchain systems and smart contracts from being truly useful. He is a self-declared no-coiner.
#05: The MikoBits Show: Synthetix DeFi Derivatives with Kain Warwick
Geeks Of The Valley
Miko is a General Partner with Gumi Ventures, a US $30M investment fund focused early stage blockchain startups and a cofounder of crypto exchange Evercoin. Miko ignited his passion for open source software 25 years ago as chief Evangelist for the Java Language and Platform at Sun Microsystems. Since then he has been building open source software startups in Silicon Valley including raising over $50 million in venture capital for developer platform companies such as Gradle and financial infrastructure companies like Hazelcast and has participated in multiple exits including INFRAVIO, webMethods, and Db4O. He is an advisor in successful startups like Celsius (CeFi Lending), Idle Finance (DeFi Yield Aggregator), Pundi X (Payments), and KEYLESS (ID infrastructure). He has been an investor with Focus Ventures, a firm with over $800M under management, 9 IPOs and 44 exits and blockchain firm Pantera Capital. He holds an Master’s degree in Neuroscience from Yale University where he worked on abstract computational neural networks. Miko’s mission is to promote increased transparency, equality, inclusion, innovation and lower cost financial infrastructure through open source. Website: https://www.mikobits.com Twitter: https://twitter.com/MikoBits LinkedIn: https://www.linkedin.com/in/mikomatsumura/--- Support this podcast: https://anchor.fm/geeksofthevalley/support
DAO Panel | Kain Warwick, CoopahTroopah, Tracheopteryx
DAOs are heating up. In 2021, the tools and infrastructure surrounding DAOs have taken off at an incredible pace. Digital organizations have the potential to fundamentally change the way we coordinate as a species. We bring on DAO experts Kain Warwick, Cooper Turley, and Tracheopteryx to provide insights into this budding movement. What is different about DAOs? Why are we excited about them? ------ 📣 TracerDAO | Building DeFi Infrastructure. Join the Discord! https://bankless.cc/TracerDAO ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini 🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer 👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave 🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap ------ Topics Covered: 0:00 Intro 4:00 Kain, Cooper, and Trach 6:32 Are DAOs Different? 10:55 Leadership in DAOs 16:32 Keys to a Successful DAO 23:08 Purpose and Values 29:13 Optimal DAO Size 36:20 The Goal of DAOs 41:00 Does Coin Voting Suck? 51:49 The DAO Lifestyle 57:21 Fluidity, Growth, and Community 1:04:07 The A in DAO 1:10:45 Slaying Moloch 1:15:11 How DAOs Change Lives 1:19:32 Closing & Disclaimers ------ Resources: Kain on Twitter https://twitter.com/kaiynne?s=20 Cooper on Twitter: https://twitter.com/Cooopahtroopa?s=20 Tracheopteryx on Twitter: https://twitter.com/tracheopteryx?s=20 ----- 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: https://newsletter.banklesshq.com/p/bankless-disclosures
Kain Warwick, founder of Synthetix talks about their journey to becoming the biggest synthetic crypto assets platform, his view on incentives, as well as various game-changing improvements the team has been working on. Twitter Kain Warwick: https://twitter.com/kaiynne Twitter Synthetix: https://twitter.com/synthetix_io Facebook Synthetix: https://www.facebook.com/synthetix.io/ Website Synthetix: https://synthetix.io/
Episode: #30 September 14, 2020 ----- Tools from our sponsors to go bankless: 🌐 UNSTOPPABLE DOMAINS - GET A HUMAN READABLE CRYPTO DOMAIN 🌈 ZAPPER - ULTIMATE HUB FOR DEFI - ZAP INTO DEFI 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS 💸 AMPLFORTH - MONETARY EXPERIMENT FOR BASE MONEY ---- Synthetix to Billions | Kain Warwick Kain Warwick is the founder of the Synthetix Platform, a protocol for generating and trading synthetic digital assets. Kain himself is known for leaning towards crypto-anarchist side of the political spectrum How did this come about? How has this impacted the building of Synthetix? Synthetix itself has stood resilient against the 2018/19 bear market. Why? What was the unique advantage of Synthetix vs other 2017 ICO platforms? What's next for Synthetix now that gas fees are 200+ gwei? WE COVER: 1) Kain's political stance 2) How this reflected in Synthetix 3) Motivation and Grit around building and producing 4) Growing Community and Culture during a bear market 5) Degen Spartan, and 6 dolla SNX 6) Introducing the SIP process 7) Introducing Yield Farming 8) Recursive upside/downside to SNX + ETH collateral in Synthetix 9) L2 scaling with Optimism 10) Bull market predictions ------ FURTHER RESOURCES: Synthetix & Optimism: https://medium.com/ethereum-optimism/synthetix-exchange-meets-the-ovm-2de3a572d6df Rate the Podcast 5 Stars ----- Subscribe to podcast on iTunes | Spotify | YouTube | RSS Feed Leave a review on iTunes Share the episode with someone you know! ----- Don't stop at the podcast! Subscribe to the Bankless newsletter program Watch Bankless shows and tutorials on YouTube Visit official Bankless website for resources Follow Bankless on Twitter Follow Ryan on Twitter Follow David on Twitter ----- Not financial or tax advice. This podcast is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Do your own research.
Kain is the founder of Synthetix and the CEO of blueshyft. Synthetix is a synthetic asset platform, and blueshyft is a crypto on-ramp in Australia.https://twitter.com/kaiynneSynthetix is the backbone for derivatives trading in DeFi, allowing anyone, anywhere to gain on-chain exposure to a vast range of assets.https://www.synthetix.io/
Kain Warwick, Founder of the Synthetix Platform, presents himself to the Bankless Nation for a live AMA! We ask him anything! No question off limits. This is a BONUS episode. Regular podcast episode (#26) will be released tomorrow. ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⚔️ GODS UNCHAINED - TRADING CARD GAME - you own the cards - start a free account, play and trade! 🧙♀️ POLYMARKET - BET ON CRYPTO - bet your beliefs! - use it to bet on DeFi outcomes! 🌈 AAVE - LEND & BORROW YOUR CRYPTO W/O A BANK - earn some interest! 💸 AMPLFORTH - MONETARY EXPERIMENT FOR BASE MONEY - learn about this experiment! ----- We do AMAs every 2nd and 4th Thursday of the month. Become a Bankless member to get access to the Zoom Webinar and ask questions to future AMA guests like Kain directly! Here's the video recording. Kain is the founder of Snythetix, a popular synthetics and derivatives market on Ethereum. The Bankless Nation asks him questions about: High gas fees yams lol Yield farming Future vision for synthetics DeF in a Layer 2 Central bank digital currencies The final boss Eth2 What he learned from 2017 Bull market price predictions! And more.... ----- Don't stop at the show! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources http://banklesshq.com/ Follow Bankless on Twitter https://twitter.com/BanklessHQ Follow Ryan on Twitter https://twitter.com/ryansadams Follow David on Twitter https://twitter.com/TrustlessState Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad ----- 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 is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.
Base Layer Episode 161: Kain Warwick, Founder @ Synthetix on
Kain joins me on Base Layer for an amazing chat about Synthetix: a decentralised synthetic asset issuance protocol built on Ethereum. These synthetic assets are collateralized by the Synthetix Network Token (SNX) which when locked in the contract enables the issuance of synthetic assets (Synths). The creation of synthetic assets is not new in the world of finance but the way Kain and his team have forged ahead with the creation of synths leveraging decentralized architecture and governance is highly innovative. For one of the fastest growing projects in Digital Assets in 2020 we learn a lot about what's under the hood here. Must listen!
Synthetix came out of nowhere in 2019 and became one of the largest DeFi projects today. Founder Kain Warwick (@kaiynne @synthetix_io) joins us in discussing some of your burning questions: What triggered Synthetix's growth? Moat against dYdX and upcoming DeFi exchanges Kain's thoughts on Serum - the Solana based dex Thoughts on using layer 2 vs. building on another chain The next phase of Synthetix Host: Jason Choi (@MrJasonChoi). If you enjoyed the show, consider tipping! This show is not financial advice; show host and guest may hold some of the assets discussed. BTC: 3EFSLnPpme6Lo6DynN1bVV9owooueFvEmJ ETH: 0xdec40AA30B9C562aB4b839529BfC290C1B5Da61E ** Resources: Borrow and lend crypto at market-beating rates: Nexo.io Subscribe to my essays here: jasonchoi.substack.com **** Musical credits: Transition track: "BHANGER" by Phortissimo. Used with permission Outro track: "LEMMiNO - Infinity [Chill]" is released under a Creative Commons license (BY-SA) 4.0 Music provided by BreakingCopyright: https://youtu.be/uweorwa3q34 Disclaimer: Jason Choi is an investor at Spartan Capital, the hedge fund arm of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries and personnel. This podcast is for information purposes only and should not be relied upon as a basis for investment decisions.
Yield Farming, DeFi, Risks & Opportunities with Kain Warwick of Synthetix
Nugget's News Crypto & Finance Podcast
Today we welcome back Kain Warwick from Synthetix to discuss all the latest innovation, developments, news & projects in within Ethereum's DeFi ecosystem. Decentralised finance or "DeFi" has been gaining attention & more importantly real world traction in recent months. With terms like DeFi yield farming or farming DeFi yield, popping up, hopefully this interview will explain their meanings, bring you up to speed, help you stay informed & aware of the associated risks. This was a fantastic chat covering everything you need to know about the Ethereum DeFi industry boom! Date of Recording: 24th June 2020 --- 🔔 Did you enjoy this episode? SUBSCRIBE for more! 📹 For more Resources & Content:http://nuggetsnews.com.au/ 🎙 Rather video? Tune in to our YouTube channel: https://www.youtube.com/c/nuggetsnews #️⃣ Connect with us: Twitter: https://twitter.com/NuggetsNewsAU Facebook:https://www.facebook.com/nuggetsnews LinkedIn:https://www.linkedin.com/company/nuggetsnews Instagram:https://www.instagram.com/nuggetsnewsaus/ Reddit:https://www.reddit.com/user/nugget_alex/ _________ ❗ DISCLAIMER ❗ Alex Saunders is not a Financial Adviser. All opinions expressed by Alex Saunders or his guests in this video are for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not take into account the viewers specific circumstances. Nugget’s News and its individual team members are not liable to the viewer or any other party, for the viewer’s use of, or reliance on, any information received, directly or indirectly, from the video in any circumstances. The viewer should always: 1. Conduct their own research, 2. Never invest more than they are willing to lose, 3. Obtain independent legal, financial, taxation and/or other professional advice in respect of any decision made in connection with this video.