Those Kinds of Use Cases, Ah, Don't Require Smart Contracts, Right?

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

The vast majority of en services, they will still exist in a centralized way. And so and i think so for all o those a big qoint as collateral, as money. Ah, those kinds of use cases don't require smart, smart contracts. They don't require these things, right? If you just think about even something like trading derivatives, you know, you can just have everyone deposit to a very safe place....

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.