2min chapter

Bankless cover image

The Secret Weapon of DeFi 2.0 | Zeus from Olympus DAO

Bankless

CHAPTER

The Rolli Coaster?

In the beginning, there was defy, and we had some liquidity, right? But we had no liquidity incentives rights. Didn't have tokens. And then last year, man, it seems like five years ago, but it was really just over 12 months ago. Not too much longer, may 20 20 or so, compound comes out ther say, we're issuing a token called comp. The way you earn that token is by giving the protocol something it wants. And the protoco wants liquidity. Soa that youre the protocal owing the liquidity, andn the protocal buying the liquidity.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode