The First Odder Effects Are Really Great

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i think you're hitting on the exactly right point, which is that it has very positive first odder effects. And i would say the effect are actually, it's almost like acuecrating a completely new assethere. The capital gets gat sort of put to use in a productive way, an in the economy. So i think whert gets we very interesting as sort of the second and third other effects down the road. Definitely, if lid weren't to, you know, desentialize, as we all hope it does, then i think definitely, then you get into a precarious situation there.

Listen to conversations between two veterans of the crypto industry: Su Zhu, CEO and CIO of Three Arrows Capital, and Hasu, Strategy lead at Flashbots. Exploring the big ideas in crypto from first principles.

In this episode, Hasu continues the conversation with Danny Ryan and Tim Beiko, two researchers from the Ethereum Foundation. The three are joined by Stephane Gosselin, co-founder of Flashbots, who makes his podcast debut and stands in as Hasu's co-host.

Together, they discuss:

MEV before and after the Merge
mev-boost and proposer-builder-separation (PBS)
The rise of liquid staking pools
Whether Lido should cap its own growth
How the Ethereum Foundation sees its role in interacting with very "protocol-adjacent" projects like Flashbots + Lido

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