

Monday Funday w/ Umami's 0xToki and Angle's Pablo
Umami discusses their STIP deployment and the upcoming GM Vaults. They explain the benefits of GMX V2 and the ability to provide single-sided exposure to different markets. The team also discusses the differences between GMX V1 and V2 and the advantages of the deconstructed GLP Vaults. They highlight the challenges and risks in the stablecoin market and the impact of Micah legislation. The conversation explores the growth of non-dollarized stablecoins and the potential for integrations and adoption. The future of stablecoins and payment cards is also discussed, including the opportunities for country-specific stablecoins. The conversation explores the narratives and themes expected to dominate the blockchain industry in 2024. It discusses the potential integration of DeFi on Bitcoin and the need for more efficient alternatives in the industry. The value of building protocols and technology that improve user experience and operational efficiency is emphasized. The conversation concludes with a focus on the future of infrastructure and the importance of staying updated with the latest developments.TakeawaysThe integration of DeFi on Bitcoin is expected to be a significant narrative in 2024.Efficient alternatives that drive change from traditional finance to DeFi are crucial for the industry's growth.Building protocols and technology that improve user experience and operational efficiency is key to long-term success.The infrastructure and base layer modules being developed will shape the future of the blockchain industry.Chapters00:00 Introduction and Umami's STIP Deployment02:07 Introduction to Umami's GM Vaults03:08 GMX V2 and Single-Sided Exposure05:26 Differences Between GMX V1 and GMX V207:44 Balancing the Weightings in GMX V208:47 Incentivizing Liquidity in GMX V209:16 Building Products with GM Tokens10:09 Deconstructed GLP Vaults for GM Tokens11:09 Creating Synthetic Markets with GM Tokens12:10 The Growth of Non-Dollarized Stablecoins14:31 APRs and Yield on GM Tokens16:44 Challenges and Risks in the Stablecoin Market19:24 The Impact of Micah Legislation on Stablecoins36:05 Growth of Non-Dollarized Stablecoins on L238:04 Integrations and Adoption of Euro Stablecoins46:11 Regulation and Transparency in Stablecoins49:42 The Future of Stablecoins and Payment Cards50:40 Opportunities for Country-Specific Stablecoins51:38 Looking Forward to 202452:25 B2C and DeFi53:20 Building Efficient Alternatives54:21 The Value in What We're Building54:48 The Future of Infrastructure55:17 Closing RemarksDonate to Leviathan News: https://arbiscan.io/address/0x110d68F5DFA414E943181Dec3346D4CA0d6DE37F Telegram: https://t.me/leviathan_news Twitter: https://twitter.com/leviathan_news Discord: https://discord.gg/7WtnhqJ7za YouTube: https://www.youtube.com/@Leviathan_News Spotify: https://open.spotify.com/show/69yxNKomUIbdNMFoTjp49K