About Derive x Synthetix: I hope that this would my last post about the incident, cuz I've spent too much time on it and I really feel like I should just let go. There are some good arguments here about what challenge @derivexyz is facing, but going with Synthetix is NOT the solution. While I trust most core members from the Derive team and their ability to ship, I honestly see almost 0 chance of an option dex succeed under the brand of @synthetix. DeFi option is always niche, hard to find the users, market makers, and community. Without a dedicated project and potential upside with its own token, no one will use it. No one will trust a team that has an "option department." The community will vanish, and the believers will leave. Not to mention, there are lots of problems with the brand "Synthetix." I do feel like I can understand why the founders would want to try this, but I think it's base on a biased view about Synthetix. Everything that has happened in the last 24 hours is proving this. I have 5 people reached out to me and asked how we can stop this proposal in the last 24 hours, including someone I didn't know was a DRV holder. The sentiment is more real than anything ever before. As Kain said himeself, this is a mindshare game, and from what I see, the majority of DeFi players have already made up their minds about Synthetix, and it's not positive.
@derivexyz by here, I was referring to kain's thread
Derive X Synthetix, a thread.
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