Today on the show, we’re talking about Oval, a new DeFi primitive that Hart Lambur from UMA is introducing to the world of DeFi’s biggest lending markets. Billions of dollars have been liquidated from protocols like Aave, Compound, and MakerDAO over the years, and these liquidations have been extremely inefficiently priced, due to reasons! Reasons that we will discuss here on the show today.
Hasu also joins us on this conversation today to discuss the way that MEV share from Flashbots is a part of this conversation, and he helps illuminate what this means for DeFi going forward as a whole.
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------ TIMESTAMPS 0:00 Intro 7:15 MEV & Oracle Foundations 11:19 Why Solving MEV is Important 21:16 High-Level Patterns 28:19 The Oval Mechanism 42:23 MEV Share Parameters 48:36 Decentralization of the MEV Share 54:30 Auction Length 56:08 Oval B/D Adoption 58:05 Uniswap v4 1:02:31 Oval Cut Upside 1:05:45 Future Questions to be Answered 1:08:42 Closing & Disclaimers
------ RESOURCES
What is SUAVE? FlashBots Phil Daian and Andrew Miller explain https://youtu.be/j3ZM2ZdUWXU
Oval https://uma.xyz/ https://twitter.com/UMAprotocol
Hart https://twitter.com/hal2001
Hasu https://twitter.com/hasufl
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