ETH Interest Rates on Chain

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Westie: I don't think libraries necessarily a sustainable model because they're hard pegging to USD and there's really nothing stopping, especially the USDT stablecoin from trading above peg. But in other models, you can imagine maybe not hard pegged to the US dollar, maybe having some sort of floating peg. Ren: One interesting thing to watch for LST 5 over the coming years is whether ETH interest rates are more efficient than US dollar interest rates on chain. The looping trade has been so popular on things like Aave because you can borrow ETH for less than you're going to earn on the LST. Westie: Do you think there's a state where an L

In today's episode, we revisit our 2023 predictions and make new predictions for 2H 2023. Tune in to find out why you should watch alts on Base, how ETH could flip BTC, DeFi's next big narrative and why Circle will eat your favorite bridge's lunch. And as always, we start with our hot seat/cool throne segment where we discuss OP unlocks, Moonpay's crash, the Celestia/Noble partnership and how MakerDAO's DSR could impact DeFi borrowing rates.

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Timestamps:

(00:00) Introduction

(00:38) Hot Seat/Cool Throne

(24:31) The Atom Accelerator Promo

(26:08) 2H 2023 Predictions

(26:58) Prediction #1: Base’s Alts Will Outperform

(36:11) Prediction #2: ETH Will Flip BTC

(48:13) Prediction #3: LSTFi Will Be THE Narrative

(1:01:24) Prediction #4: CCTP Will Eat Crypto’s Bridges

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Today’s episode is brought to you by the Atom Accelerator, now offering grants to build out the ATOM economic zone! It's the perfect time to build with Cosmos and join the thriving ATOM ecosystem. With Interchain Security live, and the power of IBC connecting the interchain, builders are flocking to Cosmos. Join the ranks of Neutron, Lido, Astroport, Gitcoin, Mars and numerous other projects harnessing Cosmos’ leading infrastructure. Discover how to secure a grant from the Atom Accelerator by visiting https://www.atomaccelerator.com/ today!

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Resources:

2022 Mount Rushmore & 2023 Predictions (0xResearch)

https://spoti.fi/3q9vI3x

Dan's The Flippening Twitter thread

https://twitter.com/smyyguy/status/1612866619981856769

Bitcoin Miner revenue chart

https://dune.com/smyyguy/bitcoin-asset-profile

Dan's LSD DEX Volume Analysis

https://flipsidecrypto.xyz/dan-smith/lsd-dex-volume-analysis-OmebEt

CCTP Twitter thread

https://twitter.com/blockworksres/status/1663577685656997888

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Disclaimer: Nothing said on 0xResearch 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. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.