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YIELD TALKS: The First NASDAQ-Listed HYPE Treasury Company

Hyunsu Jung is CIO and Board Member at Hyperion. Max Fiege is an Advisor to Hyperion and a prominent Hyperliquid investor. In this episode, we speak with the team behind Hyperion (formerly Eyenovia), the first NASDAQ-listed company to adopt HYPE as a crypto treasury reserve, diving into their recent $50M investment, HYPE staking plans, and a vision to become a leading validator on Hyperliquid. ------ 🔗 Essential Show Links 🔗 ► Newsletter: https://the-edge.xyz ► Youtube: https://youtube.com/@DeFiDad ► Apple: https://tinyurl.com/edgepod ► Spotify: https://tinyurl.com/edgepodspotify ► Linktree: https://linktr.ee/edge_pod ► Follow DeFi Dad: https://x.com/DeFi_Dad ► Follow Nomatic: https://x.com/Nomaticcap ► Learn DeFi: http://defidad.com/ ------ The Edge Podcast Sponsor Resources 🪄 NEWTON | SIMPLER CRYPTO UX WITH VERIFIABLE AI AGENTS https://newton.xyz/ ♦️⁠ REDSTONE⁠ | THE LEADING MODULAR BLOCKCHAIN ORACLE https://www.redstone.finance/ ⚡ ⁠SPARK⁠ | THE ONCHAIN CAPITAL ALLOCATOR https://link.spark.fi/Defi_Dad 🏦 MANTLE | INNOVATING THE FUTURE OF ONCHAIN FINANCE https://group.mantle.xyz/ 🥞 SYRUPUSDC BY MAPLE | DEFI'S PREMIUM YIELD ASSET https://app.maple.finance/earn?referral=Mig0gHP59IYC 🐡⁠ PUFFER UNIFI⁠ | A BASED ROLLUP TO ETHEREUM WITH NATIVE YIELDS https://www.puffer.fi/unifi 📈⁠ RUMPEL⁠ | TURN POINTS INTO PROFITS https://www.rumpel.xyz/ ⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED https://gearbox.fi/ ------ Timestamps 0:00 - Intro 1:08 - Background for a HYPE reserve pubco 4:00 - Sponsor break 5:55 - The meaning of a crypto treasury reserve pubco 8:13 - Why focus on HYPE? 11:36 - What goes behind the scenes to create a crypto reserve pubco? 13:42 - Team size for average pubco like Hyperion 16:27 - Who is HYPD designed for? 18:30 - Sponsor break 19:12 - Finding competitive edge offchain 21:29 - Would Hyperion ever sell options? 22:38 - Partnership for staking HYPE with Kinetiq 28:23 - How Hyperion could tap into HIP-3 31:22 - Sponsor break 33:01 - Potential DeFi strategies for Hyperion 36:36 - How will Hyperion differ from other HYPE treasury pubcos? 38:10 - Where might mNAV land for future crypto treasury pubcos? 41:25 - Closing ------ 🔗 Guest Links 🔗 ► Hyperion website: http://hyperiondefi.com/ ► Hyperion on X: https://x.com/HyperionDeFi ► Max on X: https://x.com/fiege_max ------ All opinions expressed by hosts and podcast guests are solely their own opinions. Podcast guests and hosts may have positions in the assets or other matters discussed in this podcast. Nomatic holds HYPE. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.

17: Alex Danco - Innovation Begins with Gifts

Alex Danco is a writer and Product Director at Shopify. Alex rose to prominence while writing his *Snippets* newsletter while at VC firm Social Capital in 2015. He wrote prolifically—about markets and financial systems, venture capital, startups, cities, culture, the technology-driven shift to a world of abundance, to name a few topics—through 2020, when he joined Shopify. Since then, he's had his hands full with Shopify and young kids, but recently published a flurry of new pieces on his blog while on paternity leave. This conversation starts with one of Alex's most insightful ideas: that a culture of gift-giving underpins technology, innovation, and creative work, and is the key to solving many of capitalism's coordination problems. We then talk about what businesses will look like in a world of abundance: AI agents, massive and accessible infrastructure, and where moats might actually lie. Alex shares why AI-enabled creativity may resemble musicians finding their sound and how and where we might find internet-native subcultures in 2025. Then he explains what "the medium is the message" actually means across different content formats and why audio continues to thrive. We wrap up with Alex's thoughts on the U.S and Canada as someone who identifies with both places and by taking a peek into some of the books that have most influenced his thinking. I've read Alex for years and I've always been impressed by how generative he is. That comes through in this conversation and I hope you are inspired to—like Alex—be more curious, creative, and most importantly, generous. Transcript and all links available at https://dialectic.fm/alex-danco Timestamps - (0:00): Intro to Alex - (1:28): Hampton - (3:23): Steely Dan Intro - (5:31): Coordination Problems and Silicon Valley - (21:55): Girard, Taboos, Priests and Kings, and Magical Enzymes for Creating New Things - (32:22): How Gifts Underpin New Things — Crossing Thresholds and Listening to Each Other - (44:09): Gifts vs. Performance, Gifts vs. Slop - (53:58): Overcoming “The Market for Lemons”: How Gifts and Market Mix and How Silicon Valley Resembles a Music Scene - (1:02:29): Bubbles and Generosity - (1:07:07): Patronage & Alignment - (1:11:37): Coordination in Companies, O-Ring Problems, Michael Scott, and AI - (1:25:51): Agency vs. Accountability - (1:31:54): Wide vs. pointy businesses and What Makes a Platform - (1:39:11): Moats, Leverage, and Figuring Out Your Sound: What Could Sam Altman Not Copy? - (1:50:06): AI, Originality, and Creativity - (1:55:15): Subcultures on the Internet and Frictionless Discovery - (2:00:25): What Does "The Medium is the Message" mean?: Hot & Cool Mediums - (2:11:57): Nixon-Kennedy Debates, Trump, Podcasts, Fox News, and the Decline of TV - (2:25:21): Alex's Podcast Diet - (2:28:52): U.S, Canada, and National Myths - (2:44:23): The Most Influential Books on Alex - (2:56:47): Learnings from Being in a Band - (2:59:05): Scammers - (3:02:55): Being a Dad - (3:05:24): The Best Gift Alex Has Received and the Gift He Hopes to Give