Llama Party feat. LlamaRisk
Welcome to Leviathan News, your go-to destination for all things DeFi, Crypto, and more! Join us for our daily livestreams as we delve into the latest news, trends, and developments in the exciting world of decentralized finance and cryptocurrencies. Summary The Llama Risk team, consisting of Val, Svetlán, and Wormhole, discusses their role in analyzing and assessing risk in the DeFi space. They provide detailed reports on various protocols, including Curve, and offer insights into the sustainability and security of these projects. They emphasize the importance of transparency and collaboration with protocol teams. The team also explores the topic of oracles in DeFi and the challenges they present. They discuss the performance of the Curve Oracle compared to other oracles and the need for multiple sources of data. They also highlight the benefits of the soft liquidation mechanism in Curve lending markets. LamaRisk, a decentralized risk assessment platform, discusses the direction of fully permissionless protocols and the challenges of building adoption for Curve lending. They also touch on the rise of Athena Labs and the importance of transparency in the DeFi space. The team shares their funding model, future plans, and their focus on scaling LamaRisk to support multiple protocol partners. They also mention their upcoming attendance at the Unstable Summit and Ethereum CC in July. Chapters 00:00 Introduction to the Llama Risk Team 17:05 The Framework and Services of Llama Risk 47:25 The Importance and Challenges of Oracles in DeFi 01:02:36 The Benefits of Soft Liquidation in Curve Lending Markets 01:12:30 The Rise of Athena Labs and Transparency 01:26:23 Upcoming Attendance at Unstable Summit and Ethereum CC • Telegram: https://t.me/leviathan_news • Twitter: https://twitter.com/leviathan_news • YouTube: https://www.youtube.com/@Leviathan_News • Spotify: https://open.spotify.com/show/69yxNKomUIbdNMFoTjp49K • Discord: https://discord.gg/X5vhdeYRY4 • Website: https://leviathannews.xyz
The government is at WAR with open-source developers
Amanda Tuminelli is the Chief Legal Officer at the DeFi Education Fund This episode of Leviathan News covers two significant legal cases in the crypto space, emphasizing the ongoing battle between U.S. government regulators and open source developers. Featuring Amanda Tuminelli from the DeFi Education Fund, the discussion delves into the Roman Storm case and the Uniswap Wells notice—both viewed as attempts to hinder open source development under the guise of liability and regulation. The episode explores the broader impact of these cases on software developers, particularly regarding unprecedented liability for creators when their software is used maliciously by third parties. Additionally, it touches on other related legal challenges faced by the crypto community, including extraterritorial jurisdiction issues and implications for Defi protocols like Aave. The conversation highlights the necessity of clear legal frameworks to ensure the continuing innovation and operation of decentralized finance and blockchain technology within a legally safe environment. 00:00 Welcome to Leviathan News: A Deep Dive into Legal Battles in Crypto 00:36 Introducing the Panel: Legal Experts and Crypto Advisors 01:26 The Roman Storm Case: A Landmark in Crypto Legal History 01:34 Exploring the Uniswap Wells Notice: Implications for Open Source Development 01:53 The Legal Battle Against Open Source: A Closer Look 02:45 The Tornado Cash Case: A Fight for Developer Rights and Free Speech 17:57 The Government's Stance on Crypto: A Threat to Innovation? 21:52 The Global Impact of U.S. Crypto Regulations 23:49 Beyond Crypto: The Broader Implications for Technology Creators 24:55 The Future of Financial Surveillance and Blockchain Technology 37:48 Uniswap Labs Receives Wells Notice: A New Legal Challenge 38:44 Deciphering the Uniswap Litigation: Key Legal Battles Ahead 41:07 Exploring the SEC's Potential Arguments and Uniswap's Defense 43:37 The Intricacies of Token Regulation and the Future of DeFi 47:30 Uniswap's Legal Strategy and the Broader Implications for Crypto 56:10 The Ripple Effect: Long-Term Legal Battles and Community Response 01:02:32 Navigating Offshore: The Future of Building in DeFi 01:03:50 The Avi Eisenberg Case: A Deep Dive into DeFi's Legal Challenges
Goldfinch borrower defaults, who is responsible? w/ Anon RWA Lender
Goldfinch, an RWA lending platform, is facing a default on one of its pools. The borrowers, LendEast, can only repay $4.25 million of the $10 million loan, resulting in a loss of 58% of the principal. The issue highlights the breakdown in risk controls and underwriting standards in RWA lending platforms. Goldfinch is pushing the responsibility of pursuing the claim onto the lenders, rather than taking action themselves. This default is not the first for Goldfinch, as there have been previous defaults tied to the founders. The recovery process for defaulted loans can be lengthy and expensive, discouraging lenders from pursuing legal action. Keywords Goldfinch, RWA lending, default, risk controls, underwriting standards, lenders, recovery process Chapters 00:00 Introduction and Overview 11:13 Previous Defaults at Goldfinch 30:23 Goldfinch's Response and Potential Solutions 39:53 Conclusion and Closing Remarks
Bitcoin Halvening in 12 Days... Will it Change DeFi? w/ Aki from DLC.Link
In this episode Aki from dlc.link joins to talk about his new decentralized trustless version of BTC that's launching this month. Summary In this conversation, the hosts discuss various topics including the upcoming Bitcoin halving, the growth of the Pendle project, and the introduction of Discreet Law Contracts (DLC) for Bitcoin in DeFi. They explore the potential impact of the halving on the Bitcoin market and the rise of transaction fees. They also delve into the benefits of DLC for institutions looking to earn yield on their Bitcoin holdings while minimizing counterparty risk. The hosts highlight the need for safer and more secure options for Bitcoin in DeFi and the potential for increased participation as the market matures. DLC BTC is a simple use of Discreet Log Contracts (DLCs) that solves the problem of rapid coin and scaling Bitcoin to DeFi. It will be launched on Curve in a WBTC DLC BTC pool and on Arbitrum for lending protocols. The goal is to eventually launch DLC BTC on multiple chains. Athena, a centralized exchange, may list DLC BTC if it proves to be helpful. A DLC token is planned to be launched in Q3 to decentralize the DLC attesters and allow retail users to earn yield. Keywords Bitcoin halving, Pendle, Discreet Law Contracts, DLC, DeFi, yield, counterparty risk, DLC BTC, Discreet Log Contracts, Bitcoin, DeFi, Curve, WBTC, Arbitrum, Athena, token, yield Chapters 00:00 Introduction and Bitcoin Halving 04:19 The Growth of Pendle and the Demand for Yield in DeFi 12:49 Introducing Discreet Law Contracts (DLC) for Bitcoin in DeFi 15:37 Minimizing Counterparty Risk with DLC 26:54 Building DLC BTC and Future Products 27:50 The Importance of Self-Wrap Design for DLC BTC 29:07 Launch of DLC BTC on Curve and Arbitrum 30:49 Expanding to Multiple Chains 32:14 Introduction of the DLC Token
Velodrome and Aerodrome - ve(3,3) explained with Alex Cutler & Ace Da Book
Alex Cutler & Ace Da Book are with us to discuss Velodrome and Aerodrome. Summary Velodrome and Aerodrome are meta DEXs that combine various DeFi primitives into a single layer and align incentives. Velodrome is built on Optimism and Aerodrome on Base. They have made key adjustments and innovations to the original Solidity model. Velodrome and Aerodrome have seen success by addressing the underlying economic design and attracting liquidity. They have become liquidity hubs for their respective ecosystems. The teams behind Velodrome and Aerodrome have a strong partnership and have known each other for a long time. They have a shared vision for the future of Ethereum L2s and believe in the growth potential of the super chain. Velodrome and Aerodrome are decentralized exchanges (DEXs) built on the Solidity protocol. They aim to provide efficient and innovative liquidity solutions for the DeFi ecosystem. Velodrome and Aerodrome offer a unique model that combines the best features of Uniswap and Curve, with the ability to attract multiples in total value locked (TVL) and deliver superior execution. The Slipstream feature brings concentrated liquidity to the system, allowing for more efficient trading and increased fees. The goal is to become the primary trading route for major pairs on the Superchain, capturing a larger share of trading volume and directing more rewards to token holders. Keywords Velodrome, Aerodrome, meta DEX, DeFi primitives, incentives, Optimism, Base, Solidity, liquidity, ecosystem, partnership, Ethereum L2s, super chain, Velodrome, Aerodrome, DEX, liquidity, DeFi, Solidity, Uniswap, Curve, Slipstream, TVL, trading volume, rewards Chapters 00:00 Introduction and Partnership 01:19 Background and Building Velodrome and Aerodrome 05:33 Success and Differentiation from Other Solidity Forks 14:00 Connection and Evolution of Velodrome and Aerodrome 26:45 Establishing a Lead and Creating Federations 35:04 Comparison with Curve and Addressing Criticisms 50:13 Efficient and Innovative Liquidity Solutions 57:19 Positive Sum Game: Bringing in More Liquidity 01:07:51 Capturing Fee Rewards and Superior Execution 01:14:00 Incentivizing Liquidity and Self-Calibration 01:26:26 Competing for Volume and Expanding to Superchain
The Coming Stablecoin Wave w/ Colin Platt
In this conversation, Samuel McCulloch, DeFi Advisoor and Colin Platt discuss various topics including April Fool's jokes, meme coins, stable coins, and the growth of Ethena. They also touch on the Euro stablecoin supply and the risks associated with Ethena. The conversation provides insights into the dynamics of the stablecoin market and the potential impact of Athena on the industry. They explore the potential market cap of stablecoins, the launch of Agora Dollar, and the role of interest rates in stablecoin adoption. They also touch on the concept of immutable protocols and the importance of composability in DeFi. The conversation concludes with a discussion on the Leviathan Points system and upcoming guests on the show. Keywords April Fool's jokes, meme coins, stable coins, Ethena, Euro stablecoin supply, risks, stablecoins, Liquidy V2, market cap, Agora Dollar, interest rates, immutable protocols, composability, Leviathan Points Chapters 00:00 Introduction and April Fool's Jokes 03:02 Meme Coins and their Popularity 06:31 The Growth of Stable Coins 13:49 The Rise of Ethena 29:04 The Impact of Funding Rates on the Market 33:45 The Future of Stablecoins 37:32 Agora Dollar: Competing with USDT and USDC 39:29 The Role of Interest Rates 46:23 Liquity V2: User-Set Interest Rates 54:27 Immutable Protocols and Composability 57:22 Incentivizing On-Chain Activity with Leviathan Points 01:05:13 Upcoming Guests: Enzo Finance, Ace2Book, and Llama Party
QiDAO Reclaims Peg, Ends Bad Debt w/ Benjiman
In this conversation, Samuel McCulloch and DeFi Advisoor are joined by Benjamin from QiDAO to discuss the recent good news of repaying all bad debt on Polygon. They delve into the impact of the multi-chain hack on Fantom and the challenges faced by stablecoins in a cross-chain ecosystem. They also explore the legal issues surrounding the hack and the actions taken by various companies. The conversation touches on the importance of native stablecoins and the selection process for cross-chain ecosystems. They discuss the management of treasury and TVL, market perception, and the potential for airdrops. The conversation concludes with a look at the future of Polygon and upcoming announcements at ETH Denver. 🦞Want to Support Leviathan? Use our Referral links: ————————————————— 🎯 CVI | https://cvi.finance/#/?ref=leviathan_news 🦗 Grass | https://cvi.finance/#/?ref=leviathan_news 📐 Vertex | https://app.vertexprotocol.com/?referral=3Yznlglxbb 🤵 Alfred | https://t.me/AlfredTradesBot?start=PYEaQRV 🔱 KelpDao | https://kelpdao.xyz/restake/?utm_source=0x81f9B40Dee106a4C5822aED7641D5C1e2B40F92 Donate to Leviathan News: https://arbiscan.io/address/0x110d68F5DFA414E943181Dec3346D4CA0d6DE37F Telegram: https://t.me/leviathan_news Twitter: https://twitter.com/leviathan_news Discord: https://discord.gg/7WtnhqJ7za YouTube: https://www.youtube.com/@Leviathan_News Spotify: https://open.spotify.com/show/69yxNKomUIbdNMFoTjp49K
Gearbox Enters the Points Meta w/ Amplice
In this episode Amplice comes on the show to discuss the recent launch of leveraged points accumulation on Gearbox. Leveraged Restaking: How and Point Math: https://blog.gearbox.fi/leveraged-restaking-how-and-point-math/ Leverage Restaking and… Leveraged Points?!: https://blog.gearbox.fi/leverage-restaking-and-leverage-points/ 🦞Want to Support Leviathan? Use our Referral links: ————————————————— 🎯 CVI | https://cvi.finance/#/?ref=leviathan_news 🦗 Grass | https://cvi.finance/#/?ref=leviathan_news 📐 Vertex | https://app.vertexprotocol.com/?referral=3Yznlglxbb 🤵 Alfred | https://t.me/AlfredTradesBot?start=PYEaQRV 🔱 KelpDao | https://kelpdao.xyz/restake/?utm_source=0x81f9B40Dee106a4C5822aED7641D5C1e2B40F92 Donate to Leviathan News: https://arbiscan.io/address/0x110d68F5DFA414E943181Dec3346D4CA0d6DE37F Telegram: https://t.me/leviathan_news Twitter: https://twitter.com/leviathan_news Discord: https://discord.gg/7WtnhqJ7za YouTube: https://www.youtube.com/@Leviathan_News Spotify: https://open.spotify.com/show/69yxNKomUIbdNMFoTjp49K
Liquity is Broken, Long Live Liquity w/ Colin Platt
DeFi Mogul Colin Platt from Liquity comes on the episode to discuss the announcement of Liquity v2. We talked about the challenges faced by the Liquidity V1 protocol due to changing interest rates and the need for a new design. Liquity V2 introduces an interest rate model that allows users to set their own rates and borrow at a fee they find reasonable. The redemption mechanism is redesigned to create an internal market, where borrowers paying the least for their debt are redeemed first. The revenue generated from interest rates is split between the redemption pool and protocol incentivized liquidity pools. The protocol aims to target users who value decentralization and need stablecoins backed without links to the fiat world. Liquity V2 announcement: https://www.liquity.org/blog/introducing-the-next-evolution-of-cdps Chapters 00:00 Introduction and Background 01:02 Challenges of Immutable DeFi Protocols 02:24 Impact of Changing Interest Rates on Liquidity V1 03:20 Decline of Liquidity V1 and Need for Liquidity V2 04:18 Overview of Liquidity V2 05:12 Issues with the Peg Defense Mechanism 06:09 Importance of Immutability and Decentralization 07:38 Flexibility and Adaptability of DeFi Protocols 08:07 The Price of Money and Interest Rates 09:33 Total Collateralization and Cost of Capital 10:30 Importance of Access to Interest Rates 11:29 Positive Reception of Liquidity V1 and Need for Improvement 11:58 Redemption Mechanism in Liquidity V2 13:27 Decentralized Interest Rate Models 14:22 Incentivized Liquidity Pools and Market Dynamics 16:19 Redemption Mechanism and Borrowing Costs 17:18 Valuing LUSD in Bond Terms 19:14 Managing Interest Rates and Borrowing Costs 20:32 Allocation of Interest Rate Revenue 21:31 Evolution of Liquidity V2 Design 23:27 Challenges of Leverage Token Model 25:20 Importance of Decentralization in Stablecoins 27:47 Interest Rate Market Dynamics and Future Potential 28:44 Protocol Incentivized Liquidity and Liquidity Pools 30:35 Target Audience and Use Cases 32:54 New Protocol and Existing Liquidity Token 35:08 Market Positioning and Product Market Fit 36:26 Liquidation Thresholds and Multi-Collateral Approach 37:20 Decentralization and Collateral Types 38:47 L2 Support and Partnerships 43:40 Future Market Cap and Product Differentiation 49:13 Front-end Runners and Value Addition 50:39 Expanding Front-end Delivery Options 51:09 DeFi Collective and Liquidity Building 51:40 Skipping LRTs for Risk Mitigation 53:07 Uncertainty in the LRT Market 54:35 Innovation and Launch Plans 🦞Want to Support Leviathan? Use our Referral links: ————————————————— 🎯 CVI | https://cvi.finance/#/?ref=leviathan_news 🦗 Grass | https://cvi.finance/#/?ref=leviathan_news 📐 Vertex | https://app.vertexprotocol.com/?referral=3Yznlglxbb 🤵 Alfred | https://t.me/AlfredTradesBot?start=PYEaQRV 🔱 KelpDao | https://kelpdao.xyz/restake/?utm_source=0x81f9B40Dee106a4C5822aED7641D5C1e2B40F92 Donate to Leviathan News: https://arbiscan.io/address/0x110d68F5DFA414E943181Dec3346D4CA0d6DE37F Telegram: https://t.me/leviathan_news Twitter: https://twitter.com/leviathan_news Discord: https://discord.gg/7WtnhqJ7za YouTube: https://www.youtube.com/@Leviathan_News Spotify: https://open.spotify.com/show/69yxNKomUIbdNMFoTjp49K
Everything You Need to Know About Fraxtal w/ Frax Founder Sam Kazemian - Flywheel #91
In this episode the Flywheel team DeFi Dave and Kiet interview Sam Kazemian, the founder of Frax, to discuss the launch of Fraxtal, a modular L2 blockchain. We grill Sam Kazemian on what we should expect from Fraxtal, how it will function with Flox, boosting, and blockspace incentives. We also discussed the long-term view of Frax and their goal of becoming the largest issuer of important units, including USD, ETH, and BTC. Read: https://flywheeldefi.com/article/7-new-things-we-learned-about-fraxtal-from-our-interview-with-frax-founder-sam-kazemian Chapters 00:00 Introduction 03:09 The Launch of Fraxtal and the Fraxtal Era 05:05 Understanding Fraxtal as a Modular L2 Blockchain 08:23 The Difference Between Monolithic and Modular Blockchains 11:32 The Benefits of Modularity in Fraxtal 13:52 Why FXS is King in the Fraxtal Ecosystem 16:40 The FLOX Mechanism and Block Space Incentives 20:56 Boosters and the Role of veFXS 26:43 The Importance of Mechanism Design in Frax 37:05 Frax's Long-Term View and Building for the Future 40:18 Frax's Track Record in Mechanism Design 43:39 The Significance of frxBTC 50:53 Frax's Approach to Building and Collaboration 54:06 Frax's Long-Term Vision and Commitment 57:48 Conversion of Fractal Points to veFXS 58:44 Scenarios for Fractal Points Conversion 01:03:54 Fraxtal's End Game: Interoperability and Global State 01:12:23 Upcoming Speaking Engagements and Fraxtal Launch 01:16:26 Summary and Takeaways ~~~~ Subscribe to the Flywheel mailing list: https://flywheeldefi.com ~~~~ Have ETH but don't know what to do with it? Swap it to FrxETH for the highest staking yields in crypto. https://app.frax.finance/frxeth/mint ~~~~ Calling all threadoors, researchers, and dashboard creators 📢 Earn rewards for your original Frax content. Learn more: https://flywheeldefi.com/p/announcing-the-frax-educational-incentives ~~~~ Follow Flywheel Twitter: https://twitter.com/FlywheelDeFi Telegram: https://t.me/FlywheelDeFi YouTube: @flywheeldefi Spotify: https://open.spotify.com/show/34xXNO2... Apple Podcasts: https://podcasts.apple.com/us/podcast... ~~~~ Connect DeFi Dave: https://twitter.com/defidave22 Kiet: https://twitter.com/0xkapital_k Sam: https://twitter.com/traders_insight ~~~~ Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Timeline
