Minos in Defi - Is That a Good Idea?

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Mining is basically two jobs bundled into one so andand they aree, increasingly being unbundled. There's increasingly a lot of value in the right to sequence transactions. And for that kind of stuff, specially indefi thet the order of transactions in a block, or within the next couple blocks, matters a lot er. So as to affirm that maybe thees some stuff in defile that that does some market making and so on....

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.