Bell Curve

The podcast covers topics such as the decline of 'friend tech', challenges faced by Ethereum and Cosmos, the ethics of technology, funding and talent in industries, desired qualities in a presidential candidate, US presidents' eye color, and Nvidia's impressive earnings and success in the AI boom.

Kyle Samani, Co-founder of Multicoin Capital, discusses the modular vs monolithic debate in crypto, bootstrapping communities, the value of composability and globally shared state, crypto's moats, and more!

Sam Kazemian, Founder of Frax Finance, joins hosts Mike and Myles on Bell Curve. They discuss FRAX's journey from decentralized stablecoin to Liquid Staking Tokens and Derivatives. Topics include algorithmic stability, decentralizing trust, DeFi domination, FRAX V2 decentralization, and Frax Chain vision.

In today’s episode, Mike and Michael discuss all things Stables and more! The guys kick things off with PayPal, discussing their PYUSD Stablecoin launch and what it means for the wider ecosystem and future Stablecoin market structure. We then take a closer look at Coinbase’s Q2 earnings, before touching on future Rollup value accrual. We then close with a Ripple update, Cantina (Web3’s security marketplace), the endgame for Stablecoins, and more!- -Timestamps:00:00) Introduction(02:21) PYUSD: PayPal stablecoin(07:10) Future Stablecoin Market Structure(11:04) Coinbase Update(24:12) Portnoy's Barstool Sports $1 Buy Back (25:43) Rollup Value Accrual(44:16) Ripple XRP Update(49:37) Web3 Security Marketplace: Cantina(54:43) News-to-price Incongruities(57:48) The Stablecoin Endgame- -Follow Michael: https://twitter.com/im_mandersonFollow Mike: https://twitter.com/MikeIppolito_Subscribe on YouTube: https://bit.ly/3R1D1D9Subscribe on Apple: https://apple.co/3pQTfmDSubscribe on Spotify: https://spoti.fi/3cpKZXH--Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin:https://blockworks.co/event/permissionless-2023- -Resources:PYUSD: PayPal stablecoin:https://www.paypal.com/us/digital-wallet/manage-money/crypto/pyusdCoinbase earnings:https://blockworks.co/news/crypto-stocks-stumble-earnings- -Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

Season 5 | Episode 6In this episode of Bell Curve, Mike and Myles are joined by Aidan, co-founder of Stride labs, and Felix, the Godfather of Liquid Staking. Today they explore the nuances of Liquid Staking across the Cosmos & Ethereum ecosystems. They also dig into the relationship of liquid staking & professional validators, the liquid staking module user flow with NFTs, and solving the principle agent problem.--Timestamps:(00:00) Intro: Pre-Interview(02:02) “Permissionless Ad”(02:57) Interview Start: Felix & Aidan(04:04) The Godfather of Liquid Staking(08:15) Liquid Staking: A Force for Decentralization(12:27) LSTs Thriving in Eth First(16:44) Liquid Staking & Professional Validators(25:01) Decentralizing Eth Validator Set(37:45) Ossifying Ethereum Protocol(42:03) Minting Liquid Staking Tokens(51:50) Staking Module Risk Parameters(57:53) Principle Agent Mitigation(1:04:37) Liquid Staking Module User Flow(1:15:39) Recap: Post-Interview- -Follow Felix: https://twitter.com/FelixLtsFollow Aidan: https://twitter.com/aidan0xFollow Myles: https://twitter.com/MylesOneilFollow Mike: https://twitter.com/MikeIppolito_Subscribe on YouTube: https://bit.ly/3R1D1D9Subscribe on Apple: https://apple.co/3pQTfmDSubscribe on Spotify: https://spoti.fi/3cpKZXH- -Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023- -Resources:Felix Liquid Staking Blog Posthttps://medium.com/chorus-one/delegation-vouchers-cfb511a29aacStride Labshttps://www.stride.zone/Jon Charbonneau "Endgame: Proof of Governance"https://dba.mirror.xyz/UTPfxWe65dYrUu_RJX-5VkAJypFRyw3AZh6m0dRXYZk- -Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In today’s episode, Mike and Myles dive deep on Curve’s $70M exploit, deconstructing DEX design frameworks, and reviewing the wider ecosystem consequences of vulnerable chain infrastructure. We then move on to assess Coinbase's L2 'Base' launch and touch on meme coin of the week, BALD, hitting $100M+ market capitalization in under 48 hours! The guys also think through network effect accrual before discussing Barnabé Monnot’s PEPC, an enshrined protocol gadget, and close out on Coinbase’s optimistic Q2 Earnings!- -Timestamps:(00:00) Introduction(00:26) “Permissionless Ad”(01:22) Introduction(02:44) $70M Curve Exploit (07:43) DEX Architecture (20:41) Wider Ecosystem Consequences & Chain Design Learnings(23:46) Base Launch Review (25:49) Network Effect Accrual: Network Execution, Data Availability or Settlement Layer?(54:22) PEPC: Protocol-Enforced Proposer Commitments(1:13:42) Coinbase Q2 Earnings - -Follow Michael: https://twitter.com/im_mandersonFollow Myles: https://twitter.com/MylesOneil Subscribe on YouTube: https://bit.ly/3R1D1D9Subscribe on Apple: https://apple.co/3pQTfmDSubscribe on Spotify: https://spoti.fi/3cpKZXH--Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin:https://blockworks.co/event/permissionless-2023- -Resources:PEPC FAQ:https://efdn.notion.site/PEPC-FAQ-0787ba2f77e14efba771ff2d903d67e4?pvs=4Coinbase earnings:https://blockworks.co/news/crypto-stocks-stumble-earnings- -Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

Season 5 | Episode 5In this episode of Bell Curve, Mike and Myles are joined by adcv, chef at Steakhouse Financial, and Vance, Bell Curve RU Host & Framework Ventures co-founder. Zooming out, the team dives into the business approaches for MakerDAO and Lido. They explore value accrual for both protocols, the strategic directions, business models, and their endgame.- -Timestamps:(00:00) Intro: Pre-Interview(01:46) “Permissionless Ad”(02:42) Interview Start: Adrian & Vance(04:11) Liquid Staking for the Layman(13:30) End Game for Maker DAO & Lido(24:13) Governance Over Processes (26:11) Liquid Staking as a Service(40:18) LST Indices(44:31) The Future of Staking Router (49:53) Revenue Growth for Lido(54:51) Lido Bribe Fee Model(1:04:54) Recap: Post-Interview- -Follow adcv: https://twitter.com/adcv_Follow Vance: https://twitter.com/pythianismFollow Myles: https://twitter.com/MylesOneilFollow Mike: https://twitter.com/MikeIppolito_Subscribe on YouTube: https://bit.ly/3R1D1D9Subscribe on Apple: https://apple.co/3pQTfmDSubscribe on Spotify: https://spoti.fi/3cpKZXH- -Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023- -Resources:Steakhouse Financialhttps://twitter.com/steakfiADCV Liquid Staking as Bankshttps://www.adcv.xyz/steth-is-the-decentralized-reserve-currency/- -Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In today’s episode, the fellas take a wide view on the industry, starting with a review on Paris EthCC, Apps vs Infrastructure, and the future of interoperability standards. We also discuss the launch of Worldcoin, why it’s important and what problems it may present. The conversation then turns to AI, the future of Twitter, Crypto regulation, and 2024 Presidential nominees. Enjoy!- -Follow Jason: https://twitter.com/JasonYanowitzFollow Mike: https://twitter.com/MikeIppolito_Follow Michael: https://twitter.com/im_mandersonFollow Vance: https://twitter.com/pythianismSubscribe on YouTube: https://tinyurl.com/4fdhhb2jSubscribe on Apple: https://tinyurl.com/mv4frfv7Subscribe on Spotify: https://tinyurl.com/wbaypprwGet top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/- -Resources:Worldcoinhttps://worldcoin.org/home-- Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023-- (00:00) Introduction(02:52) Paris EthCC(08:41) Apps vs Infrastructure(13:32) Interoperability Standards(17:23) DeFi 1.0, Liquid Staking, Derivatives, Stablecoins, & Spot Exchange(19:52) Trading Bitcoin, Apple, & Snapchat & the Knowledge of Hindsight(23:19) Bridges as Inventory Solutions(30:03) Worldcoin Update(36:00) AI vs Worldcoin Proof-of-Personhood(39:11) AI’s Impact on COGS(44:17) Gen Z’s Demand for Private Channels(45:39) Future of Twitter/X(49:52 Crypto Regulation Update(59:16) 2024 Presidential Nominee Review—Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Season 5 | Episode 4In this episode of Bell Curve, Mike and Myles are joined by Eigen Layer Founder Sreeram Kannan. They dive into Eigen layer's supply & demand sides, its interactions with Ethereum restaking, and the team's vision for the end game of Ethereum LSTs and restaking.- -Timestamps:(00:00) Intro: Pre-Interview(01:33) Interview Start: Sreeram(02:19) High Level Eigen Layer Overview(13:59) Supply & Demand Sides of Eigen Layer(14:23) “Permissionless Ad”(15:18) Supply & Demand Sides of Eigen Layer(26:06) Eigen Layer & Ethereum Restaking(37:24) Eigen Layer Demand Side(45:00) Vote Extensions & Proposal Commitments(49:15) Ethereum Restaking Prediction(55:20) Role of Eigen Layer Governance in Restaking(1:12:53) Eigen Layer & Liquid Staking(1:22:03) Future of Validator Services(1:31:05) Recap: Post-Interview- -Follow Sreeram: https://twitter.com/sreeramkannanFollow Myles: https://twitter.com/MylesOneilFollow Mike: https://twitter.com/MikeIppolito_Subscribe on YouTube: https://bit.ly/3R1D1D9Subscribe on Apple: https://apple.co/3pQTfmDSubscribe on Spotify: https://spoti.fi/3cpKZXH- -Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023- -Resources:Eigen Layerhttps://www.eigenlayer.xyz/https://twitter.com/eigenlayerhttps://forum.eigenlayer.xyz/Witness Chain (Proof of Decentralization)https://witnesschain.com/Vitalik Account Abstraction Talk EthCChttps://www.youtube.com/watch?v=iLf8qpOmxQc - -Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In today's episode special edition cross-over episode Jason and Santi are joined by Michael, Co-founder at Framework Ventures and Co-host of the Bell Curve podcast. They cover EthCC Account Abstraction takeaways, Infinex, UniswapX, Chainlink CCIP & LayerZero, the VC landscape and MUCH much more. - -Follow Santi: https://twitter.com/santiagoroelFollow Jason: https://twitter.com/JasonYanowitzFollow Empire: https://twitter.com/theempirepodSubscribe on YouTube: https://tinyurl.com/4fdhhb2jSubscribe on Apple: https://tinyurl.com/mv4frfv7Subscribe on Spotify: https://tinyurl.com/wbaypprwGet top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/- -ResourcesUniswapXhttps://twitter.com/Uniswap/status/1680955621343129600Infinexhttps://twitter.com/DefiantNews/status/1679838219201028097Chainlink CCIPhttps://twitter.com/chainlink/status/1680970793331613697Celo Move to L1https://blockworks.co/news/celo-return-home-ethereum-- Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023-- (00:00) EthCC(03:46) Account Abstraction & Crypto UX(06:48) Infinex: The CEX Killer?(10:25) UniswapX Release(17:19) Chainlink CCIP(27:43) LayerZero vs Chainlink(31:04) Policy Episode Takeaways(36:23) Thales(37:19) Kwenta(38:15) CoinDesk Acquired(41:25) Sequoia Shakes Up Crypto Arm(48:24) Crypto VC Competitive Landscape(52:16) Crypto VC Strategies & Investment Practices(01:03:13) Most Important Factor for L1s(01:12:43) Celo Transition to Ethereum L2—Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.