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HopExchange is the leading bridge between Ethereum & L2s. Chris shares the story behind the project, how they designed their airdrop and why they decided to give the community so much power.
Timestamps:
1:39 How Chris ended up in crypto and why Ethereum inspired him to build
3:20 The story behind the HopExchange: Auditing, DeFi Summer, and bet on L2
8:29 How they acquired their first users: timing, whitepaper & Twitter
10:07 What they've done to acquire Liquidity Providers
12:01 Methods to separate real users' signals from the aidroppers' noise
14:55 How they tracked down airdrop farmers
18:10 How do they care take of the community as there are only 4 full-time HopProtocol team members
19:54 Why they trusted their community to give them full power over the protocol for the next year
22:40 How they organized their airdrop to make it go smoothly
25:42 Why it's great to have the top DeFi founders such as Kane from Synthetix, Stani from Aave & Stefan from Gnosis on the cap table
27:35 What's the plan for the next few months for the HopExchange
29:20 Why MEV, CowSwap & NounsDAO blew his mind
33:50 Story of Rotate - their community's Sherlock Holmes - who took down Sybil attackers
35:55 Where to learn more about the Hop
36:23 His guests' ideas