Evgeny Gaevoy, CEO of Wintermute, discusses market making in crypto, DeFi evolution, blockchain technology's relationship with capitalism, Solana's approach, GameFi potential, and the future of crypto in light of AI advancements. He shares insights on token design, DAO governance, and contrarian views on crypto's long-term prospects.

Timestamps:

00:00 Start

00:52 Evgeny background

02:25 Crypto vs tradfi

04:04 Caring about more than market making

05:23 Wintermute business line

07:10 Why use a market maker?

10:11 Good vs bad market making?

12:07 On-chain price discovery

13:48 Is NOT having on-chain price discovery a failure?

15:27 ICO benefits

18:02 Good token design

20:22 Should token holders have rights?

24:09 Equity + tokens WTF?

26:04 DOA governance

27:35 Has governance gotten worse?

30:41 Big unlocks in DeFi?

34:45 Rebuilding TradFi on -chain (yawn)

39:23 Will crypto market makers get out competed?

42:56 ETH roadmap blues

44:12 Capitalist systems or bust

47:11 Solana

49:38 Bro, do u even Bitcoin?

50:27 What does DeFi solve?

51:29 What does DeFi NOT solve?

52:31 GameFi thesis

53:23 Why does GameFi still suck?

55:40 Star Trek = DeFi fail

Follow our guest on Twitter: @EvgenyGaevoy

Follow our host: @gwartygwart

👋The Gwart Show is proudly presented by Ellipsis Labs! Ellipsis Labs is building foundational products in DeFi. Their first product @PhoenixTrade is the leading orderbook DEX on Solana. The team is growing—visit ellipsislabs.xyz for engineering opportunities.

Enjoy the show? Check out our website and newsletter by clicking here.

Questions or want to sponsor? hello@blockspace.media

Learn more about your ad choices. Visit megaphone.fm/adchoices

Crypto Market Making With Evgeny Gaevoy