Do You See a 'Hysterical' Competition in the Long Run?

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If you stay fully on chain, you actually do expose these strategies to a ton of adverse selection. Andyo, lokatthe hysterical transactions, and you know exactly the logic. I mean, just trying to review the different forks code gave me so much fatigue from a fork fatigue that i was at a point where when a new one launched, i'm not even look at hus any more. It needs to exist for the problems that are rel presented now,. So i'd say fifty, but fifty five per cent is what it should be in an open society. Get it to the point there doesn't need to exist anything like something like yourn maybe someone like yam...

This week, I - Hasu - talk to Andre Cronje, a long-time DeFi developer, and creator of Yearn Finance. You can think of Yearn as a smart bank account that automatically allocates your assets to different low-risk investment strategies that execute on the Ethereum blockchain. My co-host is Tarun Chitra, the CEO and founder of Gauntlet, a company that helps stress test the incentive structures and economics of cryptocurrency protocols, especially of DeFi protocols. We're releasing this interview in two parts. The first gives you an introduction to Yearn Finance, it's future, and Andre's design and investment philosophy in building it. Part II explores the design space for governance systems in DeFi - one of the hottest topics in crypto right now. Yearn Finance Gauntlet Hasu's article "Is Yearn.finance safe to use?" New: Episode Transcript