Join Matt and Karan as they break down the Merge! This is part 2 of our Merge series - in this episode we discuss the potential of a hard fork, the recent thread from @GaloisCapital on twitter, the implications for DeFi, and much more!

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Merge Episode: https://open.spotify.com/episode/6Gusn2v71WSjy1uFP5OfDE?si=741c7e89e33d4b50

Lido Episode: https://open.spotify.com/episode/3W0OLD05HgHuNji393iT71?si=d1f39eceb5014045

Galois Capital Twitter Thread: https://twitter.com/Galois_Capital/status/1552387715362070528

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Timestamps

(00:00) Intro

(01:30) Part 1 Recap

(06:30) What are the miners going to do?

(16:50) The case for ETH1 (Proof of Work Fork)

(20:20) The Decent Crypto Podcast prediction

(22:30) Galois Capital Questionnaire Q1 — How many forks will there be?

(25:38) Q2 — What will miners mine?

(34:10) Q3 — Which chain will USDT support? Any nontrivial chance it’s ETH1?

(37:40) Q4 — How do exchanges handle perps/futures?

(50:30) Q5 — What happens to stETH?

(56:40) DeFi Fallout Preview