i'uld like to map out fi pes telivet with you from a very high level. I think the, if i had to say the big trends that have played out would be the idea of per a contract as opposed to peter per transactions. The idea behind pier to contract is, can we use logic to define a pool of capital, liquidity pool, where people contribute to this pool and do market making in an automated way? And so balancer is the other one that's kind of similar - it also saw the successof una swap which is that they only consider assets that are very close to each other. So b t cic says all synthetic coins will have a...
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.