I'm sure you are saying, “V2? But Infinex doesn't do anything!”

The Infinex Patron Sale wrapped up in September, and now the Patron Distribution is almost upon us, so I'm under pressure to write a retrospective on the sale. Also, I haven't been punched in the head this week, so my brain is working well enough for some long-form writing.

For me, the promise of crypto is in fairer and more transparent markets. I believe markets are the best mechanism for resource allocation. Yet, I also believe markets are imperfect and that we can have collective goals as a society that markets alone cannot solve. The view that we both need markets and social coordination is only a controversial take in the most radical circles. One of the most powerful aspects of crypto is its ability to create a parallel financial system that does not require a central authority to exist. Crypto is a technology with a unique power to challenge authority. Crypto need not ask permission. This lowers barriers to entry and fosters a far more competitive and efficient market.

There appears to be some confusion. I am here to help. Why is Infinex doing weird stuff and not all the stuff you want it to do, like integrating your favourite AI-powered pizza delivery blockchain robot network? That is a good question; let’s dive in.

Firstly, a big shout-out to Fifa and Cav, who helped review and critique my thoughts on this post.

Intro This post was originally published on April 15th 2021, on the Synthetix blog. I am updating it, making minor edits for clarity, as well as inserting numerous parenthetical comments making fun of myself; I will use curly braces {} to indicate these comments for disambiguation from the parentheses in the original post, you can find the original post here to compare the two if you are so inclined.

My previous post was a long-form exploration of the future of Synthetix. This post is going to take a different approach. It will be a simple 🤷‍♂️ and practical guide to help the community reason about the experiments we must run over the next few months. All of the proposed experiments below would not be possible without the new more flexible V3 architecture, it has taken time to get this right, but we are now well-positioned to rapidly test and iterate.

With Synthetix V3 now "live," it is a perfect time to question past assumptions to ensure the community is aligned on the long-term vision. This post will focus on the SNX token and its role in the ecosystem.

Infinex Years ago, there was a debate in the Synthetix Discord about what to call our new front-end project. After much bloodshed "Kwenta" emerged victorious, but I never lost hope as an "Infinex” maximalist. Well, now Infinex is back from the grave.