Flywheel DeFi

Professor Arthur Wilmarth is this week's guest and joins the episode to discuss his view on why we should regulate stablecoins, what rules they would fall under US law, and the dangers of letting stablecoins grow unfettered.~~~~Follow FlywheelpodTwitter: https://twitter.com/flywheelpodTelegram: https://t.me/flywheelpod~~~~Listen to Flywheelpod Wherever You Listen to Podcasts:Spotify: https://open.spotify.com/show/34xXNO289naHrPB2h4uN4JApple Podcasts: https://podcasts.apple.com/us/podcast/flywheel/id1628697864~~~~Connect with DeFi Dave:Twitter: https://twitter.com/DeFiDave22~~~~Connect with KietTwitter: https://twitter.com/0xkapital_k~~~~Connect with Producer SamTwitter: https://twitter.com/traders_insightTelegram: https://t.me/ssmccul~~~~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.

Camila Russo, author of the Infinite Machine and Founder of The Defiant media platform joins the guys this week to discuss the state of crypto journalism, being neutral in a financial industry, and how she plans to grow the Defiant into a media powerhouse.~~~~Follow FlywheelpodTwitter: https://twitter.com/flywheelpodTelegram: https://t.me/flywheelpod~~~~Listen to Flywheelpod Wherever You Listen to Podcasts:Spotify: https://open.spotify.com/show/34xXNO289naHrPB2h4uN4JApple Podcasts: https://podcasts.apple.com/us/podcast/flywheel/id1628697864~~~~Connect with DeFi Dave:Twitter: https://twitter.com/DeFiDave22~~~~Connect with KietTwitter: https://twitter.com/0xkapital_k~~~~Connect with Producer SamTwitter: https://twitter.com/traders_insightTelegram: https://t.me/ssmccul~~~~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.Timestamps0:00 Intro2:33 How did Camila get into crypto?5:18 What did Cami see in Ethereum and DeFi?9:44 From Bloomberg to Crypto11:17 When did DeFi hit critical mass?15:40 Uniswap & Sushi22:13 What is the state of crypto media?26:17 DeFi Data Standards31:07 Revenues vs Expenses in DeFi34:03 How to keep up with crypto news cycles?37:48 What are the Defiant's "beats"42:28 What is it like covering stablecoins?53:35 Decentralzing the DeFiant56:30 How does the DeFiant choose sponsors?58:13 Monetizing the Defiant1:11:39 Where is DeFi going?1:14:44 Growth Plans for DeFiant1:20:07 Lightning Round and End1:23:46 Outro

On Sep 19 2022, Samuel McCulloch interviewed Dr George Selgin, a senior fellow and director emeritus of the of the Center for Monetary and Financial Alternatives at the Cato Institute and professor emeritus of economics at the University of Georgia. His research covers a broad range of topics within the field of monetary economics, including monetary history, macroeconomic theory, and the history of monetary thought. George is one of the foremost experts on the history of private monies and his work has been invaluable to the crypto community. His work was referenced by Hal Finney, and he became one of the first economists to devote significant thought to Bitcoin after it was launched. This interview covers the ability of private money to operate competitively and the onerous regulations put on banks and other money issuers to monopolize seignorage.

In this episode 0xd24 joins the show to discuss his views on Frax, where all the alpha is on Arbitrum, and what the potential returns and possibilities are for Berachain.~~~~Follow FlywheelpodTwitter: https://twitter.com/flywheelpodTelegram: https://t.me/flywheelpod~~~~Listen to Flywheelpod Wherever You Listen to Podcasts:Spotify: https://open.spotify.com/show/34xXNO289naHrPB2h4uN4JApple Podcasts: https://podcasts.apple.com/us/podcast/flywheel/id1628697864~~~~Connect with DeFi Dave:Twitter: https://twitter.com/DeFiDave22~~~~Connect with KietTwitter: https://twitter.com/0xkapital_k~~~~Connect with Producer SamTwitter: https://twitter.com/traders_insightTelegram: https://t.me/ssmccul~~~~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.Timestamps0:00 Intro2:14 Guest Intro4:05 Is TradFi dying?14:02 0xd24 on Frax32:56 How 0xd24 tracks narratives38:57 What is success for Frax?40:54 STFX43:49 Y2K Finance49:16 DAMM Finance51:50 Contango54:03 Gumball Finance58:32 Split Finance1:02:20 GMX1:06:13 Vesta Finance1:07:59 Vertex1:09:30 NFT Perp1:11:29 Excalibur 691:14:36 Gamma Swap1:19:13 Finance Liquid1:24:10 Berachain1:41:20 Celestia1:42:39 What is 0xd24's DeFi Thesis?1:45:30 Lightning Round1:49:20 Outro

This episode was a response to the massive MakerDAO drama happening in September 2022. Ameen is one of the leading decentralists who are fighting to save DAI. He is joined by Sam Kazemian, the founder of Frax Finance in a long discussion on DAOs, governance, stablecoins and more.~~~~Follow FlywheelpodTwitter: https://twitter.com/flywheelpodTelegram: https://t.me/flywheelpod~~~~Listen to Flywheelpod Wherever You Listen to Podcasts:Spotify: https://open.spotify.com/show/34xXNO289naHrPB2h4uN4JApple Podcasts: https://podcasts.apple.com/us/podcast/flywheel/id1628697864~~~~Connect with DeFi Dave:Twitter: https://twitter.com/DeFiDave22~~~~Connect with KietTwitter: https://twitter.com/0xkapital_k~~~~Connect with Producer SamTwitter: https://twitter.com/traders_insightTelegram: https://t.me/ssmccul~~~~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.

In this episode host Samuel McCulloch explores a taxonomy of stablecoins. Learn about the 4 characteristics of all existing stables: collateral, mechanism, price info and governance. ~~~~Follow FlywheelpodTwitter: https://twitter.com/flywheelpodTelegram: https://t.me/flywheelpod~~~~Listen to Flywheelpod Wherever You Listen to Podcasts:Spotify: https://open.spotify.com/show/34xXNO289naHrPB2h4uN4JApple Podcasts: https://podcasts.apple.com/us/podcast/flywheel/id1628697864~~~~Connect with DeFi Dave:Twitter: https://twitter.com/DeFiDave22~~~~Connect with KietTwitter: https://twitter.com/0xkapital_k~~~~Connect with Producer SamTwitter: https://twitter.com/traders_insightTelegram: https://t.me/ssmccul~~~~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.

In this week’s MoneyMoves episode host Samuel McCulloch explores a taxonomy of money. A taxonomy is simply a way a classifying a system. In this case, the system is money types.

Zigzag exchange is the largest L2 DEX on ZKSync. Its founder Taureau joins this weeks podcast to discuss its development, his Bitcoin only portfolio, and how Chinese airdrop farmers crashed the website.*PIF Labs is an advisor in Zigzag Exchange.~~~~Follow Flywheelpod Twitter: https://twitter.com/flywheelpodTelegram: https://t.me/flywheelpod~~~~Listen to Flywheelpod Wherever You Listen to Podcasts:Spotify: https://open.spotify.com/show/34xXNO289naHrPB2h4uN4JApple Podcasts: https://podcasts.apple.com/us/podcast/flywheel/id1628697864~~~~Connect with DeFi Dave: Twitter: https://twitter.com/DeFiDave22~~~~Connect with Kiet Twitter: https://twitter.com/0xkapital_k~~~~Connect with Producer Sam Twitter: https://twitter.com/traders_insight Telegram: https://t.me/ssmccul~~~~ 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.

Bobby Ong is one of the Co-Founders of Coingecko, a crypto tracking app. He joins this podcast to discuss the evolution of the crypto trading meta, developments in token design, regulations, and more. Thanks for reading Flywheel Output! Subscribe for free to receive new posts and support our work. ~~~~ Follow Flywheelpod Twitter: https://twitter.com/flywheelpod Telegram: https://t.me/flywheelpod ~~~~ Connect with DeFi Dave: Twitter: https://twitter.com/DeFiDave22 ~~~~ Connect with Kiet Twitter: https://twitter.com/0xkapital_k ~~~~ Connect with Producer Sam Twitter: https://twitter.com/traders_insight Telegram: https://t.me/ssmccul ~~~~ 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. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit flywheeloutput.com

This is the first in a multi-part series produced by the Flywheel team that takes a deeper look into the question “What is Money” and how does it function. The insights gained here will provide more context and education around why we think Frax is the best form of crypto money. In this inaugural episode, Producer Sam McCulloch explores the most important attribute of money… its ability to maintain value at par on demand. We take it for granted that every type of money we have is accepted at face value. What would it be like if your cash was worth less than the money in your bank account? It would cause chaos. Understanding the importance of holding the peg is vital to the workings of Frax and its role in crypto. A Stablecoins is only as good as its redemption ability in the most volatile of markets. It doesn’t matter how well you held the peg previously, such was the fate of UST, which stayed relatively close to the peg for many months, only to completely fall apart and destruct within a few hours. While UST was considered as “money,” a proper analysis would have shed serious concerns about its claims to value. Its redemption ability for $1 was fully reliant on the price of LUNA maintaining. When LUNA sold off, it created a negative reflexive loop where UST was able to be redeemed for less and less, which only led to it being sold off even faster. In the end the UST/LUNA blow up should have been expected, its money claims were not guaranteed and there was no group providing a “put” to halt downside price declines. The US dollar on the other hand has the entire US government and country supporting its backing. Every dollar has the full faith and guarantee of the government. If the dollar peg were ever to fail, the government would and has stepped in to prevent serious damage. This gives consumers and investors the confidence to use, transact, and hold billions of US dollars in reserves, bank accounts, and wallets on a daily basis. For FRAX to be successful long term, it must also hold the peg no matter the conditions. If any significant deviation were to occur, people would lose faith in the protocol and dump their holdings to flee for safer assets. Since its launch, the FRAX/USD peg has only tightened. New developments like the Curve AMO make it mathematically impossible for the peg to break. Anyone using FRAX can know with fully transparency where every single FRAX in circulation is being held or deposited. This openness is a core tenet of the protocol. For FRAX to grow long term, the peg must be held at all costs, there is no other option. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit flywheeloutput.com