SNXweave

SNXweave

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SNXweave episodes

  • Spartan Council Panel - March 2022 Live Election Special

    SNXweave presents a LIVE panel-style interview with this epoch's Spartan Council candidates.


    Panelists:
    -Afif
    -Calavera
    -Danijel
    -JVK
    -Ksett
    -Mark
    -Redmarglar
    -TerraBellus

    Questions Asked:

    Question 1: What do you want to see achieved by the Council in the short-term and long-term for the Synthetix protocol, and what will your contribution be? More specifically, what 1 major milestone would you give the most priority to, for the rest of the year, if you were the benevolent dictator? 


    Question 2: How many synths do you hope to have live by the end of next epoch (June 2022)? 

    Question 3: Decentralization and self custody may not a priority for every user. How do you expect L2 futures trading platforms will be able to compete with CEXs in this context?

    Question 4: If you could make ONE unilateral change to the way Synthetix works (governance, protocol, etc.) what would it be and why? 

    Question 5: What do you see as the next major client/user-focused product that will come after Futures? 

    Question 6: Assuming Synth Teleporters work and are deployed soon, which L2s or EVM chains would you prioritize as a "first launch" beyond Mainnet and Optimistic Ethereum, and why? 

    Question 7: Thanks to wrappers, the ETH skew is largely negative for the protocol, posing a significant risk to stakers in a bearish market. What's your opinion on unwinding ETH wrappers with DAI and its collateral risk? What are the alternatives to fixing the skew and risk? 

    Question 8: How do you think things are going with the campaign to get more market SNX staked? Is there something more that is or should be done? 

    Question 9: What do you think is the biggest challenge facing the Spartan Council in the upcoming Epoch?

    Question 10: While quadratic voting dilutes large stakers from imposing pure plutocracy on governance, it's not sybil resistant. Now that staking has moved over to Optimism, gas is no longer an obstacle for whales to spread out their voting power into multiple wallets to influence governance elections. What's your view on this attack vector and how would you defend against it? 

    Question 11: Once the protocol produces higher and more consistent income from trading fees, would you support the implementation of an $SNX Buy-Back and Burn mechanism similar to Binance with $BNB? 

    Question 12: Would you be for or against escrowed stipend for the Council positions? 

    Question 13: There are a lot of security processes & measures around the Protocol, Development Processes, Smart Contracts & Funds etc. Do you think there are areas that still need improving, and if so where?

    2 hr

About SNXweave

From the publisher's feed

SNXweave is an initiative to improve communication and transparency across the Synthetix ecosystem. This podcast will give quick weekly recaps of news and important updates from the Spartan Council and Core Contributors, as well as any other governance news. As we get closer to the end of the epoch, there will be more discussion that focuses on the individual outlooks, voting trajectories, debating arguments, and overall values of Council members, in order to help support well-informed voting around election time.