Synthetix Founder's 'Stick' Threat: Necessary Evil or Crypto Tyranny?
Synthetix’s sUSD stablecoin is teetering, and founder Kain Warwick isn’t pulling any punches. He’s fully prepared to use “the stick” against SNX stakers to force sUSD back to its $1 peg. This situation is very extreme. Can we really afford to say his approach doesn’t matter when a fundamental part...