Mission: DeFi

Mission: DeFi

By Brad NickelTechnology
Download on the App Store

Mission: DeFi episodes

  • DeFi Lunch (Ep 28) - November 9, 2021

    Joe Cawley and Brad Nickel cover the DeFi news of the day, new opportunities in the space including liquidity pools, yield farming, staking, and much more.

    Want to to degen on projects you like or do you have a project you want us to dive into? We'll give 10% to charities. 

    DM Brad - https://twitter.com/b05crypto

    Just love the show and want to help pay for interns so we can do even more? 0x3BDc8377e5607DDde0E731333aa4e015A49297A7

    • Snowbank $SB - An OlympusDAO fork paying an APY in the trillions
    • Discord adding Metamask? 
    • Metamask launching a token from Joseph Lubin
    • @BluDAC moves on to Crystl.finance and is paying great rewards
    • Brad takes the dog out
    • New protocol launching and raises $40 million to move EVM to Solana
    • Joe's $GEIST play
    • The ENS airdrop - Brad got $4000. https://claim.ens.domains
    • Joe's play in $BLIZZ finance blizz.finance
    • Crazy ass quadrillion APYs on Grim.Finance. 
    • Why institutional investors won't touch this. 
    • Reaper.farm
    • Scarecrow FInance
    • How terrified we were when we first started doing DeFi. 
    • Coinbase wallet extension getting blasted by bad reviews. Looks like a campaign. 
    • DFYN High yield pools

      • This is not financial advice. Nothing said on the show should be considered financial advice. This is just the opinions of Brad Nickel, Joe Cawley, and our guests. None of us are financial advisors. Trading, participating, yield farming, liquidity pools, and all of DeFi and crypto is high risk and dangerous. If you decide to participate, do your own research. Never count on the research of others. We don't know what we are talking about and you can lose all your money. Never invest more than you can afford to lose, because you probably will lose it all.

      39 min
    • DeFi Lunch (Ep 27) - November 8, 2021

      Joe Cawley and Brad Nickel cover the DeFi news of the day, new opportunities in the space including liquidity pools, yield farming, staking, and much more.

      On today's episode:

      • Monetizing the show by wearing project t-shirts for tokens
      • Scarecrow DeFi gets fudded by competitor Morpheus Swap
      • Avalanche $AVAX
      • Snowbank Finance - a gazillion percent APY
      • Blizz.finance - Cool model
      • Crystl 
      • Azuki
      • ATH ETH and BTC
      • Tax implications for infrastructure bill
      • Brad staking SB

        • This is not financial advice. Nothing said on the show should be considered financial advice. This is just the opinions of Brad Nickel, Joe Cawley, and our guests. None of us are financial advisors. Trading, participating, yield farming, liquidity pools, and all of DeFi and crypto is high risk and dangerous. If you decide to participate, do your own research. Never count on the research of others. We don't know what we are talking about and you can lose all your money. Never invest more than you can afford to lose, because you probably will lose it all.

        1 hr 5 min
      • Mission DeFi - EP 26 - Sam Kazemian of Frax wants to replace the Consumer Price Index(CPI) to make finance fair for everyone
        How Frax is working to replace the CPI with a better, fairer model for an algo stablecoin that will benefit everyone. 

        Guest Info

        Name of Guest: Sam Kazemian

        Name of Project: Frax Finance
        Twitter URL of Guest: https://twitter.com/samkazemian
        Project Twitter URL: https://twitter.com/FraxFinance
        Project URL: https://frax.finance/
        Previous Episode with Sam: https://bit.ly/3DeDPxZ

        Show Notes

        600 million Frax in circulation and growing 10s of millions weekly

        FPI ships in late November/early december
        Frax dollar pegged stablecoin
        FPI CPI plus inflation factor.

        How the Frax Price Index works.

        Treasury system and high yielding stablecoin system

        Similar to OHM, but no bonds
        No bonds = partner with Olympus

        FPI stablecoins

        FXS governance vfxs Frax FXS airdrop

        Frax stablecoin algo fractional

        Targets the exchange rate of coins out in the open market
        Frax expands or contracts in different protocols

        Curve LP tokens earning a yields

        Frax supply needs to contract
        Burns the supply

        Depending on the market

        Exactly
        Dai using the same model
        LAMM Lending AMM
        #AllRoadsLeadToFrax

        The emotions around having MakerDao copy explicitly how Frax works.

        Other things that they've developed that others will use at other stablecoins

        Uniswap v3

        Regulatory

        USDC USDT
        Tradfi collateralized
        Paper behind
        No link with tradfi collateral

        What are you doing from a biz dev perspective?

        • Other projects?
        • IRL

          • Balajis - online talk about decentralized ID

          Compartmentalize them
          Inflation show

          Want it to be?

          What keeps you up at night about FRAX?

          FPI is the 2nd stablecoin in Frax

          Why not fractional Euros, etc?

          Bitcoin/Ethereum sized play

          Originally had thought Frax might decouple

          His thoughts on OHM

          Reserve currency.

          FPI not rebasing or bonds

          Stake for more rewards in FPI
          High yield stablecoin

          What CPI is:

          2 types of food
          % of what is spent on each
          index doubles it the next month
          Dollar is supposed to track the exchange of those items is supposed to lose 2.5% per year.

          The dollar should track the CPI

          Why not create that in a crypto native system

          Bring the CPI on chain.
          Chainlink CPI once per month

          How the inflationary aspects of the CPI are both good and bad.

          Creates growth, but hyper consumer society, so harms lower income members of society.

          FPI uses an onchain version of the CPI oracle for Chainlink and that will drive part of the algorithm for

          Do you think we will improve upon that?

          Stablecoin algo adjusted in supply to track this oracle.

          The best currency is the one that keeps it constant

          Flat coin
          Increase your standard of living.
          Constant purchasing power.

          Relationship between Frax/FPI

          Talking to FEI

          Joey Santorum from FEI on the show

          What has to happen for FPI to get to 1 trillion?

          Slow and boring
          People won't notice or care
          Sitting there

          Ecosystem of applications in DeFi/IRL that are using it?

          Big picture vision

          Application in real life
          Make the world a better place

          1 hr 23 min
        • DeFi Lunch (Ep 26) - November 5, 2021 - Crypto CTA, Scarecrow yields ($AVAX / $SCARE), Float Capital, Calculator Guy, Grim Finance, $OMG, $BOBA,

          Brad's rant for crypto to engage in politics

          Scarecrow which yield

          Float capital to hedge your OHM position

          Visit the calculator guy to learn more: 

          http://bit.ly/calcguy

          @phtevenstrong

          Grim auto compounding at millions % APY

          Australian ETF blows up

          10 coins to watch in November

          OMG / BOBA and their play in the AI / ML space

          BOSON NFT wrapping


          53 min
        • DeFi Lunch (Ep 25) - November 4, 2021

          Joe Cawley and Brad Nickel cover the DeFi news of the day, new DEGEN opportunities in the space including liquidity pools, yield farming, staking, and much more.

          4% of Americans quit jobs for crypto

          The Bridging Trilemma & LayerZero

          https://medium.com/stargate-official/the-bridging-trilemma-d80788cce4ef

          Kevin Durant starting a Crypto SPAC

          Brad is out of SmartCoin $SMRTR

          Shib killing Brad's trades

          @Reddit going decentralized and tokenized

          Every subreddit as a DAO

          Astronomical returns with Scarecrow.fi full Degen

          @Scarecrowdefi

          $SCARE / $FTM

          Step 1 - Deposit in Farm on Scarecrow.fi

          Step 2

          Every other day deposit Scare tokens into Incentive Vaults to earn wMemo a

          Compound every other day to earn more in the farm at 1400%

          Step 3 - Stake wMEMO on Grim

          This is not financial advice. Nothing said on the show should be considered financial advice. This is just the opinions of Brad Nickel, Joe Cawley, and our guests. None of us are financial advisors. Trading, participating, yield farming, liquidity pools, and all of DeFi and crypto is high risk and dangerous. If you decide to participate, do your own research. Never count on the research of others. We don't know what we are talking about and you can lose all your money. Never invest more than you can afford to lose, because you probably will lose it all.

          56 min
        • Mission DeFi - EP 25 - Automate This! - Hilmar Orth of Gelato Network - How Gelato overcame the inherent problems with automation in crypto
          Guest Info

          Name of Guest: Hilmar Orth

          Name of Project: Gelato Network
          Twitter URL of Guest: https://twitter.com/hilmarxo
          Project Twitter URL: https://twitter.com/gelatonetwork
          Project URL: https://twitter.com/gelatonetwork
          Project/Guest Description:
          Why they are a guest:

          Show Notes

          Finance as undergrad

          Tech background
          2017 -2018
          Experiment with blockchain

          Started working with blockchain with large companies in Germany.

          Started working in finance and had a bad experience.

          Gnosis - Got to know the team and worked on a project for them called DutchX to fill large orders. Were tasked to help firms automatically place / start large auctions so that projects could sell tokens over time rather than in a large ICO.

          Required an external impulse to execute the transaction.

          The problem is, you have to approve transactions, so automation wasn't possible like you would in tradfi or banks couldn't be done.

          So decided to build a solution to solve the problem for all of crypto.

          Received a grant from Gnosis and then built the platform.
          Most widely used projects using them. Zerion, instadapp, MakerDAO, and many others using for 1000s of transactions per day.

          Discussed how it works.

          Client that accepts the jobs needed and then runs them for them.
          Set conditions.

          What the future holds.

          What they would like to see happen.

          Whether he thinks they will have a model that will let consumers create their own automations using Gelato.

          54 min
        • DeFi Lunch (Ep 20) - November 3, 2021

          Awesome DeFi Lunch today!

          Discussed my interview with @samkazemian of @fraxfinance $FRAX $FPI

          Mission-based projects

          Tarantino / Pulp Fiction #NFTs

          My degen gambit in @0xSmartCoin & #SuicideCompounding

          @RariCapital teens

          & much more

          Joe Cawley and Brad Nickel cover the DeFi news of the day, new opportunities in the space including liquidity pools, yield farming, staking, and much more.

          This is not financial advice. Nothing said on the show should be considered financial advice. This is just the opinions of Brad Nickel, Joe Cawley, and our guests. None of us are financial advisors. Trading, participating, yield farming, liquidity pools, and all of DeFi and crypto is high risk and dangerous. If you decide to participate, do your own research. Never count on the research of others. We don't know what we are talking about and you can lose all your money. Never invest more than you can afford to lose, because you probably will lose it all.

          57 min
        • EP. 24 - Tyler Whirty of HODL PAC - If you're not at the table, you're on the menu! Why crypto will get crucified if we don't build a political force to combat regulatory encroachment.
          Guest Info

          "If you aren't at the table, then you are on the menu." Why crypto will get crucified if we don't build a political force to combat regulatory encroachment.

          Name of Guest: Tyler Whirty

          Name of Project: HodlPAC
          Twitter URL of Guest: https://twitter.com/twhirty_
          Project Twitter URL: https://twitter.com/HODLpac
          Project URL: https://www.hodlpac.org/

          Show Notes

          His background and how he got into crypto.

          Started at the Kato Institute
          What HODLPac is.
          The type of PAC they are and the represent and how they combine both kinds into a hybrid PAC, because they have a normal PAC and a SuperPAC.
          How the money donated to HODLPac is managed and contributed.
          What each side can do and can't do.
          Why it is important for the crypto ecosystem.
          The strategy for how they help their candidates of choice.
          How it isn't about crypto political advertising.
          How HODL Pac got started and when/why.
          Why it is important for the community to have political tools in our toolbox.
          "Not at the table, then you are on the menu."
          Why not being involved is a choice to harm crypto.
          The numerous strategies available to us for growth and power.
          What Tyler thinks is our best strategy first with taking on people like Brad Sherman by helping Aarika Rhodes or evenly spreading efforts in education.
          How Tyler navigates the tribes of crypto.
          How the DAO of HODL PAC will function and it will be simmilar to gitcoin.
          https://wtfisqf.com to understand quadratic funding.

          1 hr 6 min
        • DeFi Lunch (Ep 18) -November 1, 2021

          Joe Cawley and Brad Nickel cover the DeFi news of the day, new opportunities in the space including liquidity pools, yield farming, staking, and much more.

          This is not financial advice. Nothing said on the show should be considered financial advice. This is just the opinions of Brad Nickel, Joe Cawley, and our guests. None of us are financial advisors. Trading, participating, yield farming, liquidity pools, and all of DeFi and crypto is high risk and dangerous. If you decide to participate, do your own research. Never count on the research of others. We don't know what we are talking about and you can lose all your money. Never invest more than you can afford to lose, because you probably will lose it all.

          1 hr 6 min
        • DeFi Lunch (Ep 17) - October 29, 2021

          Joe Cawley and Brad Nickel cover the DeFi news of the day, new opportunities in the space including liquidity pools, yield farming, staking, and much more.

          This is not financial advice. Nothing said on the show should be considered financial advice. This is just the opinions of Brad Nickel, Joe Cawley, and our guests. None of us are financial advisors. Trading, participating, yield farming, liquidity pools, and all of DeFi and crypto is high risk and dangerous. If you decide to participate, do your own research. Never count on the research of others. We don't know what we are talking about and you can lose all your money. Never invest more than you can afford to lose, because you probably will lose it all.

          1 hr 17 min

        About Mission: DeFi

        From the publisher's feed

        Mission DeFi showcases innovation in the DeFi ecosystem. Our mission is to advance the cause of freedom that decentralized finance & cryptocurrencies like Ethereum, Bitcoin, and many others represent.