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
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
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
The Billion Dollar Crypto Scam Industry w/ ChainPatrol
In this conversation, Samuel McCulloch interviews Nikita, the founder of Chain Patrol, about the rise of scams and phishing attacks in the crypto space. They discuss the various types of scams, including phishing scams and pig butchering scams, and the sophisticated techniques scammers use to steal funds. Nikita explains the importance of user security and the efforts of Chain Patrol to protect users against scams. They also highlight the need for collaboration among security companies and the role of prevention in combating scams. The conversation provides tips for keeping oneself safe and concludes with information on where to find Nikita and Chain Patrol. Chapters 00:00 Introduction and Market Update 01:03 The Rise of Scams in the Crypto Space 03:00 Overview of Scams in the Crypto Industry 03:30 Phishing Scams 04:00 Sophistication of Phishing Scams 05:24 Avoiding Support Requests on Social Media 06:16 Cloning Legitimate Company Websites 07:10 Challenges with Transaction Simulation 08:07 Creating New and Complicated Contracts 09:06 Exploiting Contract Variables 10:04 Bit Flip Attacks 11:00 Pig Butchering Scams 12:24 Building Trust and Stealing Funds 14:44 Detecting Pig Butchering Scams 16:36 Difficulties in Tracing Scammers 21:48 Collaboration among Security Companies 23:14 Chain Patrol's Prevention Measures 25:37 Integration with Wallets and Security Extensions 27:00 Challenges in Enforcing and Collecting Funds 28:27 Importance of Privacy and Prevention 28:57 Tips for Keeping Yourself Safe 31:18 Chain Patrol's Role in Attack Detection 34:34 Conclusion and Where to Find Nikita
Llama Party feat. 0xMai of Curvance
Gerrit interviews Mai from Curvance. They discuss the evolution of Curvance, its vision as a unified DeFi solution, and its approach to addressing liquidity fragmentation. They also explore the potential of the Polygon aggregation layer and other ecosystems. Additionally, they touch on the recent Uniswap fee mechanism proposal and its impact on the market. The conversation covers various topics related to the Uni token, fees, bad debt, MEV, stablecoins, and the future of DeFi. The drama between Aave and Gauntlet is also discussed. Chapters 00:00 Introduction and Catching Up 01:31 Evolution of Curvance 06:05 Vision of Curvance as a Unified DeFi Solution 09:24 Addressing Liquidity Fragmentation 14:30 Cross-Chain Actions and Fee Distributions 20:12 Grant from Wormhole Foundation 24:58 Addressing Liquidity and Building the Logic Layer 30:37 Hot Takes: Uniswap Fee Mechanism Proposal 31:44 Uni Token and Fees 36:11 Token Value and Integration 37:08 Compound V2 and Bad Debt 38:52 MEV and Stealing 39:49 Oracle Extractable Value 42:44 Aave and Gauntlet Drama 51:38 Y Combinator and Stablecoins 55:46 Stablecoins and Adoption 59:34 The Future of DeFi 01:02:54 Breaking News: Mitch's Deployments 01:03:22 Introduction to LamaLend and CurveUSD 01:04:16 Soft Liquidation Mechanism 01:05:10 Assessing the Risk of Soft Liquidation 01:06:09 Comparison with Silo Finance 01:07:04 Upcoming Llama Party in Denver 01:07:34 Impermanent Loss and Soft Liquidation 01:08:02 Different Approaches to Soft Liquidation 01:09:27 Similarities with Instadap and Frax 01:11:47 Exposure to Impermanent Loss for Lenders 01:12:45 Understanding the Borrowing and Lending Models 01:13:12 Differentiating CurveUSD and LamaLend 01:14:05 Mitch's Unique Approach to Building 01:15:34 Focus on Partner Meetings at ETH Denver 01:18:40 Curvance's Marketing Strategy 01:19:19 Borrowing Against LP Positions 01:20:18 Borrowing Against Single Assets 01:21:09 Borrowing CurveUSD Against FXS 01:22:40 Earning Curve Emissions through Lending 01:23:38 Emissions for Borrowing and Lending 01:25:04 Opportunities at ETH Denver 01:26:30 The Importance of In-Person Meetings 01:28:26 Curvance's Testnet and Points System 01:30:28 The Story behind CurveAnts 01:31:52 The Floppy Icon and Tetris Game 01:34:21 Shoutouts and Conclusion 🦞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
The Fastest Growing Lending Market on Arbitrum w/ Teddy Woodward of Notional
Summary In this episode we are joined by Teddy Woodward, CEO of Notional Finance. We explored the Notional's growth using the STIP and the strategies employed by Notional to attract borrowing demand. We also talked about the differentiation between leverage liquidity and leverage vaults is explained, along with the focus on offering leveraged yield strategies. The conversation also touches on the growth of fixed rate vaults and the opportunities they provide. Later in the episode Sam talks about the FPIS to FXS merger for Frax. Chapters 00:00 Introduction and Overview 00:30 The Growth of Notional on Arbitrum 04:20 Transitioning from STIP to LTIP 05:18 Leverage Liquidity Strategy vs. Leverage Vaults 07:17 Impact of STIP on Notional's Exposure and Growth 08:16 Improvements for Future Incentive Programs 09:15 Difference Between Leverage Liquidity and Leverage Vaults 10:14 Setting Notional Apart from Incumbents 11:40 Notional's Growth and Milestones 13:24 Growth of Fixed Rate Vaults vs. Variable Rate Vaults 15:23 Opportunities for Yield Generation with Fixed Rate Borrowing 17:39 Focus on DeFi-Native Institutions 19:11 Growth of DeFi from DeFi-Native Users 20:57 Insights into Hedge Funds and DeFi-Native Institutions 23:19 Notional's Future Plans and L2 Landscape 24:46 Deploying Notional V3 on Mainnet 30:32 Gauntlet's Departure from Aave 34:22 Introduction and Background 35:10 The Rift over CRV 36:09 Proposal to Merge FPIS into FXS 39:33 Frax Price Index (FPI) and FPIS Revenue 43:47 Proposal Details and Community Response 48:07 FXS and FPIS Supply and Valuation 52:54 Incentives and Conflicts of Interest 58:46 Discussion and Decision-Making Process 01:06:20 Implications for Voting Structure 01:07:49 Conclusion and Future Discussions 🦞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
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
