Bridging the Gap: Synthetix Innovates to Reduce Friction in DeFi Adoption

Synthetix plans to launch Synthetix V3 protocol alongside its decentralized exchange front-end, Infinex, to reduce friction in the DeFi sector. The new protocol aims to provide a seamless transition from conventional exchanges to decentralized ones, and help DeFi become a potent rival to traditional financial systems. However, it must address challenges like regulatory compliance and system security.