July 22, 2024

#354: Sunil Srivatsa, CEO of Storm Labs, on DeFi, Loss Versus Rebalancing, Yield Farming, Points Programs, and Automated Market Making in Crypto

39 minutes

Sunil Srivatsa is the founder and CEO of Storm Labs, the creators of the Cove Protocol, the first onchain portfolio manager.

Previously, Sunil founded Saddle, the premier open-source StableSwap with $2.2B+ in volume, and was a senior software engineer at Uber where he worked on infrastructure security, self-driving cars in the Advanced Technologies Group (ATG), and real-time analytics.

Before Uber, Sunil was an early member of the data engineering team at Square. He is also a founding partner at eGirl Capital. Sunil earned his B.S. in Computer Science with a double major in Finance from Washington University in St. Louis.

In this conversation, we discuss:
- Stories from working at Uber
- When company names come verbs … sky is the limit
- What is Storm Labs?
- The importance of onchain portfolio manager
- Current global DeFi landscape
- Automated market makers in crypto
- Loss Versus Rebalancing
- Yield farming, re-staking + points programs
- Tips to deal with slippage
- AI-powered investment tools in crypto

Cove
Website: www.cove.finance
X: @cove_fi
Discord: discord.gg/fvxc4p6gB2

Sunil Srivatsa
X: @devops199fan
LinkedIn: Sunil Srivatsa

---------------------------------------------------------------------------------

This episode is brought to you by PrimeXBT.

PrimeXBT offers a robust trading system for both beginners and professional traders that demand highly reliable market data and performance.

Traders of all experience levels can easily design and customize layouts and widgets to best fit their trading style. PrimeXBT is always offering innovative products and professional trading conditions to all customers.

PrimeXBT is running an exclusive promotion for listeners of the podcast.

After making your first deposit, 50% of that first deposit will be credited to your account as a bonus that can be used as additional collateral to open positions.

Code: CRYPTONEWS50

This promotion is available for a month after activation. Click the link below:

PrimeXBT x CRYPTONEWS50

...more