Welcome to the Building Web3 Podcast! In this episode, host Jax Dwyer is joined by Jen and Mark, major contributors at Bancor, to delve into the exciting world of Web3, Automated Market Makers (AMMs), and the innovative Carbon DeFi. We explore the journey from traditional finance to crypto, Bancor's mission, and the revolutionary features of Carbon DeFi that address key issues like sandwich attacks and slippage.

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Chapters
00:00 Introduction and Background
01:04 Bancor's Mission and Project Overview
09:01 Challenges and Marketing in Web3
11:42 Demystifying Sandwich Attacks in DeFi
20:19 Exploring the User Journey on Bancor and Carbon DeFi
22:48 The Importance of Setting Price Targets in Trading
24:06 Discipline and Risk Management in Trading
25:42 Carbon DeFi: More Than a Trading Bot
29:11 Intuitive Trading for Newcomers on Carbon DeFi
36:39 The Explorer and Historical Data on Carbon DeFi
41:51 Future Infrastructure Changes on Carbon DeFi

Jen shares her unique journey from non-tech roles into the blockchain space, discussing her 'come to crypto' moment and how she became passionate about decentralized finance. Mark provides insights into his background as an organic synthetic chemist and how the pandemic lockdowns led him to explore and contribute significantly to Bancor and the broader DeFi ecosystem.

Bancor, established in 2017, has been at the forefront of bringing decentralized exchange functionalities to the blockchain, surpassing its predecessors like EtherDelta. Mark explains the mission and evolution of Bancor, highlighting its commitment to true decentralization and permissionless operations. The discussion includes an in-depth look at AMMs, their role in creating liquid markets on the blockchain, and how Bancor pioneered this space with its innovative bonding curve formula.

🔑 Key Topics Covered:

Introduction to Bancor and its mission: Learn about Bancor's vision and how it aims to transform decentralized trading.

The basics of Automated Market Makers (AMMs): Understand what AMMs are, how they function, and their significance in DeFi.

Carbon DeFi: Solving sandwich attacks and slippage: Discover how Carbon DeFi eliminates common DeFi issues like sandwich attacks and ensures zero slippage for makers.

Marketing and educational strategies for DeFi projects: Jen discusses effective ways to market DeFi projects, emphasizing education and community engagement.

User experience and community feedback in DeFi development: Insights into how Bancor and Carbon DeFi incorporate user feedback to refine their products.

Upcoming features and milestones for Bancor and Carbon DeFi: Exciting future developments and enhancements to look forward to.
Mark elaborates on the technical intricacies of AMMs, explaining how they function without the traditional order book structure, and how Carbon DeFi leverages advanced calculus to ensure seamless trading experiences. Jen emphasizes the importance of educating users about the nuances of DeFi, ensuring they understand the risks and benefits of using platforms like Bancor and Carbon DeFi.

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Disclaimer: Nothing said on Building Web3 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. Jax, and our guests may hold positions in the companies, funds, or projects discussed.

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/