Is DeFi Ready for Mainstream Adoption? | EP 20

Imran and Qiao invite Dan and Kain to discuss oracles and whether DeFi is ready for mainstream adoption.

No BS crypto insight for founders.

Timestamps:

(00:00) Intro
(01:19) Welcome to Good Game
(07:35) Every builder should read Kain's article
(11:16) Do we need oracles?
(16:39) How we can potentially solve security by removing oracles
(18:52) The case of Mango: Should they go oracle-less?
(25:43) When an oracle fails it cascades to the rest of the protocol
(34:54) How oracle-less, market force-driven lending platform works
(41:41) Are we happy with our current oracle design systems?
(43:48) What is the frontrunning problem?
(49:27) Why not use Uniswap TWAP?
(51:10) Tradeoffs of TWAP oracles
(56:35) Do we need governance?
(1:06:29) The future of DeFi
(1:13:41) Is there more to build in the space we haven't uncovered yet?
(1:18:48) Tips and points for the founders on security
(1:22:55) Takeaways
(1:33:20) What we need to get right is commercializing the products we already have

Why DeFi is Broken and How to Fix it by Dan Elitzer - https://twitter.com/delitzer/status/1661755779240841222?s=20
Synthetix, what comes next, part zero - https://mirror.xyz/kain.eth/EB9DQldVEb0F74-LmrVau6YbjEtr8dsj1qVn6muYuXw
Synthetix, what comes next, part one - https://mirror.xyz/kain.eth/xOK_QuPUb63gD0qHsmt-h6JwhjhYCBNGY-n6r9YcyYQ

Dan Elitzer Twitter: https://twitter.com/delitzer
Kain Warwick Twitter: https://twitter.com/kaiynne

Spotify: https://spoti.fi/3N675w3
Apple Podcast: https://apple.co/3snLsxU
Website: https://goodgamepod.xyz
Twitter: https://twitter.com/goodgamepodxyz

DISCLAIMER: The views expressed herein are personal to the speaker(s) and do not necessarily reflect the views of any other person or entity. Discussions and answers to questions are intended as generalized, non-personalized information. Nothing herein should be construed or relied upon as investment, legal, tax, or other advice.