It's difficult to develop these right now. A lot of the developer talent is in the u s for these kind of projects. But think that's changing quite quickly. With depiaps, you do need to get users relatively early. And you need to be in touch with what people actually want. Do you see this i em emerging? Defi hap leav to asia or switzo, and or do you think it would stay in the u s? I think the usage will ultimately be in asia....
In this episode, Su and Hasu talk about decentralized finance (DeFi).
Topics covered:
- What DeFi means to Su
- Why use DeFi over CeFi?
- Is the current demand organic or subsidized by VC money?
- Where users will allocate on the trust spectrum
- The delicate dance between regulatory arbitrage & attracting talent and capital
- The path to decentralization
- Most important DeFi use cases today and in the future
- How AMMs work and can be improved
- The core building blocks of DeFi
- Incentive mechanisms
- Tokenized balances
- Atomic transactions
- Will a boom in DeFi translate to ether?
Su Zhu is the CEO and CIO of Three Arrows Capital.
Hasu is a cryptocurrency researcher and writer.
Together, they publish on Deribit Insights and uncommoncore.co.