In this episode of "Convince Me," we discuss the development and growth of Velodrome and Aerodrome (who has come to dominate the Base blockchain), two decentralized finance (DeFi) protocols operating on Ethereum Layer 2s like Base and Optimism. The conversation covers the protocols' tokenomics, voting mechanisms, building on layer 2's like Base, and how they drive liquidity in decentralized exchanges.

We dive into Liquity and their new stablecoin, BOLD, discussing the intricate details of their V1 and V2 protocols, and the innovative features they bring to the stablecoin market. The conversation spans from the foundational principles of Liquity, its commitment to decentralization, and how it distinguishes itself from other protocols like MakerDAO. The discussion also covers technical aspects of their new product offerings, including the unique interest rate mechanisms and redemption processes designed to maintain peg stability. Furthermore, the dialogue ventures into the broader implications of DeFi on traditional finance, the role of oracles, and the potential and challenges of Ethereum layer 2 solutions.

In this episode of "Convince Me," Steven, CEO of Margin Syndicate, joins the crew to explore the dynamic and often tumultuous world of cryptocurrency and financial markets. Steven shares insights from his evolution from a trading bot operator to heading a hedge fund, delving into the challenges and transformations within the industry.

The conversation spans a variety of compelling topics, including the current state of the crypto market, the historical parallels to past tech bubbles, and the potential pathways to recovery. Discussions cover the impact of regulatory shifts, the role of governance tokens, and the pressing need for genuine utility in crypto innovations.

Key highlights include a discussion on the real-world utility of cryptocurrencies during financial crises, the implications of privacy coins in a surveilled world, and the evolving nature of market strategies from automated systems to dynamic, responsive trading.

Tune in for a deep dive into how the crypto market is adapting to the complexities of regulation, market dynamics, and the search for lasting value in a rapidly evolving financial landscape.

Is crypto used for more than speculation? Can it be used for more than speculation?

We chat with Robert Swarthout from Teton Crypto Capital, where he elucidates his view on commercial use cases for crypto.

Convince Me is a podcast where we are exploring where crypto is actually useful.

Chapters

00:00 Intro
02:24 The Need for Regulations
04:19 Examples of Tokenization
08:38 Tokenizing Fund Vehicles
14:54 The Impact of Regulations
17:38 Use Cases: Polymarket and Helium Network
22:31 Tokenization of Car Titles
25:22 Tokenization of Real Estate
28:43 Enhancing Investment Strategies with Tokenization
34:59 Tokenization and the Equities Market
36:19 The Role of Blockchains in Tokenization
37:47 The Value of Blockchain Technology and Tokenization
44:00 The Potential of Stablecoins for Cross-Border Payments
49:35 The Role of Layer One and Layer Two Networks
01:09:23 Challenges and Opportunities in the Regulatory Environment

Disclaimer

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Case studies may be included for informational purposes only and are provided as a general overview of our general investment process. We have compiled our research in good faith and use reasonable efforts to include accurate and up-to-date information. In no event should we be responsible or liable for the correctness of any such research or for any damage or lost opportunities resulting from use of our data.

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