
CeFi Is Dead, Long Live DeFi | Vance Spencer & Michael Anderson
Bell Curve
00:00
Ethnocurrency Staking Pools
The ability to hedge the price risk of ETH and earn real yield is a huge advantage product that just frankly isn't even possible in most crypto ecosystems right now. And so I think that's actually like one of the most undervalued components, not only of just like what D5 can build, but also just what the merge means. The incentives for more borrowing are unique to staking over the next couple of years. It's probably going to be a large financial institution who structurally builds that product. So do you guys see kind of the transformation of that variable stake rate for ETH into something that we get fixed rate?
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