Thank you to our sponsor, MultiChain Advisors!The beef between Solana dapps Jupiter and Kamino has taken a new dimension as Kamino has accused Jupiter of lying about contagion risks.
In this episode of Uneasy Money, hosts Kain Warwick, Luca Netz and Taylor Monahan dive into whether Jupiter misled users and raise questions about Kamino's response.
Plus, after Tarun Chitra’s paper on Hyperliquid’s ADL, they dig deep into the exchange’s design: did they cause unnecessary liquidations on Oct. 10?
At the same time, they break down Lighter's 0% fees model. Does it resemble Robinhood? And how smart is it actually?
Plus, what Farcaster's big pivot means for the future of Web3 social, and what Taylor says it would take to crack it.
Hosts:
Timestamps:
🚀 00:00 Introduction
😬 1:18 Did Jupiter mislead users?
🤔 9:19 Did Kamino really block Jupiter over contagion risks?
💡 11:15 Why Kain says Solana is in its “post-DeFi summer growth” era
🧐 12:38 Should Jupiter even care about its lending business line?
👀 18:06 Whether Hyperliquid's algorithm screwed users during the Oct. 10 crash
🎯 21:29 Luca reveals why his Oct. 10 losses on Hyperliquid weren’t so bad
🫨 24:54 Why Taylor says DPRK traders got saved by Oct. 10
💥 30:38 Why Kain is optimistic a rival HL model would emerge
⁉️ 32:02 Are Lighter users the product?
🧠 33:26 Why Kain thinks Lighter's model is genius
⚖️ 39:10 Whether Lighter resembles Robinhood
💁♂️ 44:47 Farcaster’s pivot: Is Web3 social DOA?
💡 50:53 What drives VC investment in crypto and why decentralization is not enough
💥 56:46 Kudos to Dan Romero for not launching a token, and whether more founders would be better off abstaining
👀 1:04:46 Whether having too much money is bearish for projects
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