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Rari's March to $1 Billion | Jai Bhavnani (SotN)

Oct 13, 2021

Jai Bhavnani, co-founder of Rari Capital, dives into the revolutionary developments within decentralized finance. He discusses Rari's rapid growth toward $1 billion in total value locked and the introduction of permissionless Fuse pools that empower users to create their own lending markets. The conversation also explores the emergence of DeFi 2.0, featuring innovations in tokenomics and NFTs, and highlights the changing landscape of finance driven by youthful entrepreneurs. Bhavnani shares insights into balancing the challenges of startup life and the exciting future of DeFi.

01:10:09

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Episode guests

Jai Bhavnani

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Episode notes

Intro

2min

Exploring the Rising Billion-Dollar DeFi Protocol and NFT Integration

2min

Exploring Political Reform through Cryptocurrency

2min

Revolutionizing DeFi: New Horizons

9min

Building and Innovating in DeFi

23min

Innovations in NFT and DeFi

11min

The Evolving Landscape of DeFi

15min

The Future of DeFi: Beyond Speculation and Toward Real-World Utility

6min

Jai Bhavnani is the Co-Founder of Rari Capital, the DAO behind a quickly growing suite of DeFi protocols. Most popular is Fuse, the open interest rate protocol that allows users to lend and borrow digital assets. As Fuse approaches $1B total value locked, Rari recently announced permissionless Fuse pool creation. This means that anyone with liquidity can create a money market for their digital asset of choice.

Rari finds itself at the center of what is being described as DeFi 2.0, a loose collection of newer DeFi protocols which orbit around novel tokenomics, game theory, and memes. Tune in to find out where Rari sits among resident DeFi blue chips, and the future of young people pioneering in the crypto space.

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------ Topics Covered:

0:00 Intro 10:00 Jai Bhavnani 16:22 Rari Capital 20:47 The Long Tail & Risk 29:02 Assessing Risk & Yield 33:08 Total Value Locked 38:46 Roadmap 44:00 ZoomerFi, DeFi 2.0 52:47 Build Fast, Break Fast 58:19 Crossing $1B 1:00:51 Regulation & Zoomers 1:04:54 What's Left to Build? 1:08:12 Closing & Disclaimers

------ Resources:

Jai on Twitter: https://twitter.com/jai_bhavnani?s=20

Rari Capital: https://rari.capital/

----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures

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