It is almost time for the Infinex TGE.

The death march to TGE has begun. It has taken time, but we are finally within sight of the starting line. TGE is a critical time for any project, but because of our Patron sale, we have been able to time ours for when we were confident the product would be ready to break out. The launch of the Infinex token will drive significantly more attention and awareness to the platform

I think it is fair to say that most people in crypto assumed that Synthetix was dead. From mid-2023 to the end of 2024, two very long years, the project languished. It was run by a committee and was optimising for all of the wrong things. But in late 2024, we began to reassemble a team to finish the job that we started. A job that began in 2020 with the publishing of SIP-80 Decentralized Futures.

When we designed Infinex governance in 2023, we started from first principles and tried to avoid the mistakes of early DeFi governance. Unfortunately, we started from the false premise that Infinex was a protocol. It turns out it's not a protocol. Infinex is an Application.

After many years of futile meming, the revenue meta has broken out. We can thank Hyperliquid for this. In 2021, a few DeFi enjoyoooors tried to meme the “real revenue” meta into existence, but outside a handful of projects, onchain activity and revenue were insufficient for this new meta to be sustainable.