In this episode of Empire's Weekly Roundup, Jason and Santi discuss CeFi's contagion risk and the fragility in the crypto market.
Prices are crashing, and multiple companies appear to be on the verge of bankruptcy. Is SBF saving the industry? What questions should we all be asking right now? Tune in to find out!
Highlights include:
- What's going on in the markets
- Crypto is transparent but not perfect
- What is crypto's worst-case scenario
- Crypto is transparent but not perfect
- Will 3AC survive
- Voyager joins the illiquidity party
- BlockFi continues to be in pain
- SBF & Alameda swoop in
- Are low DeFi yields existential
- What happened with Solend
- Is it okay if applications are centralized
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Referenced in the show:
Jason's tweet on 3 phases of a bear market
https://twitter.com/JasonYanowitz/status/1536365738906202112
Episode with Qiao from Alliance DAO
https://tinyurl.com/4wrkuakz
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(00:00) Introduction
(01:41) Market Update
(04:34) Today's Risk Factors
(08:37) 3AC Crises Update
(13:17) Celsius & sETH Update
(13:45) Voyager & Risk Mgmt
(17:56) How Bad Are Low Yields For DeFi?
(20:16) Bitmex Ad
(21:16) The Question You Should Be Asking
(27:27) When Markets Go Quiet
(29:02) SBF Saves CeFi
(35:04) A Daisy Chain of Yields
(31:02) Solend & Centralization1
(41:33) Topics For Next Week
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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.
Empire