Defice a Fonal, It's Pretty Much Only Happening

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Defice a fonal, it's pretty much only happening. That kind of defent we talked about is pretty much only happening on i theorium. So i want to spend a few minutes talking to you about what defi means for theorem and its long term prospects. We are seeing a huge boom in defy, not just in the mont of liquidity. But i think also more broadly, that ether has gone through a very long, a bare market since twenty eighteen,. where it sort of promised everything. And now its a, it's has kind of failed at almost all its promises....

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.