Founder Series brings on Saj from BadgerDAO to share his journey from electrical engineering to becoming a prominent figure in DeFi. He discusses the early days of BadgerDAO, which sought to connect Bitcoin and Ethereum through inventive DeFi solutions.
Saj introduces EBTC, a new protocol designed to offer a more capital-efficient and trustless solution for Bitcoin in DeFi. EBTC uses synthetic assets and state ETH to provide a stable, cost-effective borrowing option.
The episode covers the technical aspects of borrowing, collateralization, and liquidation, as well as market interest in EBTC. Future plans include leverage tools and a Bitcoin yield savings account.
