SotN30: DeFi Season with Anthony Sassano (Top 10 DeFi Tokens on Ethereum, $DPI Index)

Jan 20, 2021

Join Anthony Sassano, an advisor at Set Protocol, as he dives into the exciting world of DeFi tokens and the DPI index. He discusses the top 10 DeFi assets on Ethereum, sharing his bullish and bearish insights. Anthony uncovers the importance of Aave and Uniswap, and reflects on the dynamic nature of the DeFi landscape, likening growth to popcorn popping. He highlights investment strategies and the need for caution, alongside humorous anecdotes about navigating the volatile crypto market. Get ready for DeFi Season!

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INSIGHT

DeFi Potential

Bitcoin's dominance may not remain at 70% during this bull market.
DeFi tokens, with smaller market caps, could outperform Bitcoin and Ethereum.

ADVICE

Managing DeFi Risk

New investors should consider the DeFi Pulse Index (DPI) for diversified exposure.
Low-cap DeFi coins are highly volatile, posing significant risks for newcomers.

INSIGHT

DPI as a Safe Bet

The DPI offers exposure to blue-chip DeFi tokens, providing safety and lower volatility.
It simplifies DeFi investing by removing the need for individual token selection and rebalancing.

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------ SotN30: DeFi Season, with Anthony Sassano (Top 10 DeFi Tokens on Ethereum, $DPI Index)

Ladies and Gentlemen, we're calling it.

It's DeFi Season. We have an era of DeFi token speculation ahead of us, so it's time to get prepared, and sharpen our mental models for how to evaulate and asses tokens on Ethereum.

We bring on Anthony Sassano from the Set Protocol team, to go through the 10 DeFI assets inside the DPI index. Anthony gives his bullish or bearish takes on the DeFi tokens mentioned, as well as shares his mental models for how he judges various assets on Ethereum.

Highly revelent to this conversation is the most recent Market Monday piece out of the Bankless newsletter:

https://newsletter.banklesshq.com/p/defi-market-monday-118

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