Unchained

Uneasy Money: Why Tokenholders Have No Rights & Why Every DAO ‘Has Failed’ - Ep. 984


Listen Later

Thank you to our sponsor, Multichain Advisors!What rights do token holders have? Is everyone getting rugged?

In this episode of Uneasy Money, Ethena founder Guy Young joins hosts Kain Warwick, Luca Netz and Taylor Monahan to interrogate the lack of clarity around token expectations and rights as Aave DAO goes against Aave Labs and Circle acquires the Axelar team.

Do centralized exchanges hold the solution?

Plus, does MOVE's Rushi Manche deserve a second chance? And how can you stay safe from the fake Zoom scam?

Hosts:

  • Luca Netz, CEO of Pudgy Penguins

  • Kain Warwick, Founder of Infinex and Synthetix

  • Taylor Monahan, Security at MetaMask

    Guest:

    • Guy Young, CEO & Founder of Ethena Labs

      Links:

      • Unchained:

        • AAVE Holders Question if DAO Quietly Redirected Revenue Away From Treasury

        • SEC Ends Four-Year Probe Into Aave

        • ‘Poison Pill’ Proposal Calls for Aave DAO to Take Over Aave Labs

        • Jump Crypto’s Firedancer Goes Live on Solana Mainnet

        • How to Trade Prediction Markets Without an Opinion on the Event

        • MetaMask Adds Native Bitcoin Support

          Timestamps:

          🚀 00:00 Introduction 

          👀 01:39 Who owns Aave?

          🤔 5:42 Is the DAO and Foundation model faulty?

          ⚡️ 11:29 Why tokens need clarity

          ⁉️ 16:23 Is the SEC to blame for the lack of token clarity?

          💡 20:03 How lack of regulatory clarity arounds tokens boosts scams

          ⚔️ 22:00 The Solana client diversity debate

          📍 25:48 How Circle's Axelar acquisition highlights the lack of token rights

          💥30:20 How centralized exchanges can help secure rights for token holders

          🧠 33:25 Luca explains why some tokens should not confer rights

          ⁉️ 39:48 Should Rushi Manche get a second chance?

          🫨  47:01 Taylor unpacks messy details of Movement Labs’ MOVE token deals

          💫 50:28 How the debate between Tarun Chitra and Dan Robinson provides a base for unraveling 10/10

          ⚠️ 53:10 How Guy believes the crypto industry can prevent another 10/10

          🚨 1:00:20 Why new fake Zoom scams are particularly dangerous 

          📽 1:04:04 Kain reveals how his domain registrar was socially engineered 

          🧏‍♀️ 1:08:20 What to do if you are a victim of the fake Zoom scam

          👀 1:09:41 Is adding leverage to Polymarket “pure insanity?”

          ⚡️ 1:11:47 What to know about MetaMask's Bitcoin support


          Learn more about your ad choices. Visit megaphone.fm/adchoices

          ...more
          View all episodesView all episodes
          Download on the App Store

          UnchainedBy Laura Shin

          • 4.6
          • 4.6
          • 4.6
          • 4.6
          • 4.6

          4.6

          1,185 ratings


          More shows like Unchained

          View all
          The a16z Show by Andreessen Horowitz

          The a16z Show

          1,096 Listeners

          Real Vision: Finance & Investing by Real Vision Podcast Network

          Real Vision: Finance & Investing

          907 Listeners

          CRYPTO 101 by Bryce Paul & Brendan Viehman

          CRYPTO 101

          43 Listeners

          The Breakdown by Blockworks

          The Breakdown

          742 Listeners

          The Pomp Podcast by Anthony Pompliano

          The Pomp Podcast

          1,844 Listeners

          Thinking Crypto News & Interviews by Tony Edward

          Thinking Crypto News & Interviews

          256 Listeners

          What Bitcoin Did by Danny Knowles

          What Bitcoin Did

          277 Listeners

          Bankless by Bankless

          Bankless

          1,049 Listeners

          The Wolf Of All Streets by Scott Melker

          The Wolf Of All Streets

          242 Listeners

          All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

          All-In with Chamath, Jason, Sacks & Friedberg

          10,204 Listeners

          Empire by Blockworks

          Empire

          167 Listeners

          Coin Stories with Natalie Brunell by Natalie Brunell

          Coin Stories with Natalie Brunell

          452 Listeners

          Raoul Pal: The Journey Man by Real Vision Podcast Network

          Raoul Pal: The Journey Man

          134 Listeners

          Forward Guidance by Blockworks

          Forward Guidance

          276 Listeners

          Bell Curve by Blockworks

          Bell Curve

          33 Listeners