CZ Steps Down from Binance and a Blast L2 Debate | Roundup
Empire
Blast's Deployment Strategy and Importance of Liquidity
The speakers analyze why Blast deployed as a deposit with a multi-sig instead of waiting to deploy as an L2, speculating that it was to attract liquidity. They emphasize the importance of attracting builders and users to make the L2 competitive.
In today's episode of Empire Santi and Jason discuss the bombshell news of Binance pleading guilty and paying over $4 billion in fines related to money laundering violations. They analyze the implications for Coinbase, DeFi, and institutional adoption. They then shift gears to the controversial launch of L2 platform Blast and its native yield offerings. This takes the duo into a deep discussion of why should more L2s exist and what are vital heuristics for valuing these scaling solutions. We hope you enjoy!
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Northstake simplifies the way institutional investors own a stake in Web3 by offering regulatory-compliant staking products. By ensuring institutional investors can participate in the burgeoning crypto market while adhering to the necessary legal and regulatory requirements.
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Chronicle Protocol is a novel Oracle solution that has exclusively secured over $10B in assets for MakerDAO and its ecosystem since 2017. With a history of innovation, including the invention of the first Oracle on Ethereum, Chronicle Protocol continues to redefine Oracles. A blockchain-agnostic protocol, Chronicle overcomes the current limitations of transferring data on-chain by developing the first truly scalable, cost-efficient, decentralized, and verifiable Oracles, rewriting the rulebook on data transparency and accessibility.
Learn more about Chronicle Protocol: https://chroniclelabs.org/
Join the Chronicle Labs team: https://chroniclelabs.org/careers#open_roles
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Timestamps
(01:38) In-Laws, Working in Crypto, and Good Mood Santi
(04:00) Binance CZ Steps Down
(28:46) Blast L2 Controversial Launch
(38:08) DAS 2024
(39:23) Chronicle Ad
(40:38) Northstale Ad
(41:38) Bearish Takes on Blast L2
(01:04:33 )Why Does Paradigm Experiment?
(01:09:34) Coindesk Acquired by Bullish
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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.
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