Defy

4min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

I don't view that defy needs to be trustless. I think defy is excellent dcentralized infra structure for settlement of loans, management of lending business. And i would say the aspects unie the that really are important and and on chain here are a transparency on the floo of funds,. If you're a lender on the platform, you can always see the history of repayment and performance of all the loan so, you know, if a borrower is not repaying, you can also see the cash balance in pool.

When centralized lending desks were blowing up from the 3AC contagion, DeFi lending protocol Maple Finance remained stable. Could DeFi have prevented the crypto blowup?

Maple Finance is an undercollateralized lending protocol where pooled capital is managed by credit experts and lent to reputable and profitable crypto-institutions.

In this episode, Co-Founder Sid Powell shares with us:

How DeFi might have prevented the recent blow-up
How Maple Finance differs from other DeFi protocols
Maple’s business model and value accrual to it’s token MPL

Host: Jason Choi @mrjasonchoi . Not financial advice.

------------ Timestamps -------------

(00:00:00) – Introduction

(00:02:33) – Thoughts on recent 3AC contagion

(00:08:13) – How DeFi could have helped

(00:13:56) – Maple Finance vs DeFi 1.0

(00:20:02) – Is Maple replicable off-chain?

(00:28:05) – How pool delegates manage depositor’s money

(00:32:03) – Criticism that Maple Finance is partly centralized

(00:35:43) – Will Maple Finance pursue full-decentralization?

(00:41:03) – Maple’s business model and it’s token

(00:44:35) – Future market expansions

----------- Sponsors -------------

dYdX is the Leading Decentralized Exchange for trading perpetual contracts. Users enjoy low fees, deep liquidity, up to 20x more buying power and even earn $DYDX from trading. Trade on dYdX today at: https://trade.dydx.exchange

----------- More Resources ---------

Guest

Maple Finance’s Twitter: https://twitter.com/maplefinance?lang=en

Maple Finance’s Website: https://www.maple.finance/

Sid’s Twitter: https://twitter.com/syrupsid

Blockcrunch

Blockcrunch VIP: https://blockcrunch.substack.com/

Blockcrunch Twitter: https://twitter.com/theBlockcrunch

Jason Choi’s Twitter: https://twitter.com/mrjasonchoi

------------ Disclosures -------------

Disclaimer: The Blockcrunch Podcast (“Blockcrunch”) is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch’s guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch’s podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.