Season 5 | Episode 8

In this week's episode of Bell Curve, we are joined by Lucas Bruder, Founder of Jito Sol, and Xavier, Chief Investment Officer of Chorus One, two key builders in the Solana ecosystem. The conversation delves into the complexities of staking in Solana versus Ethereum, exploring different validator revenue models and the growth trajectory of liquid staking on Solana. They discuss JitoSOL's unique yield advantages, native token design impacts on staking, delegation strategies, and the potential of capturing MEV value.

- -

Timestamps:

(00:00) Intro: Pre-Interview

(02:02 “Permissionless Ad”

(02:57) Interview Start: Lucas & Xavier

(03:52) Solana VS Eth Liquid Staking

(14:54) Validator Revenue Models

(22:14) Solana Liquid Staking Growth

(35:02) Impacts of Native Token Design

(40:55) Solana LST Delegation Strategies

(51:29) JitoSOL Yield Advantage

(1:02:52) Capturing MEV Value

(1:08:23) State of Solana DeFi

(1:11:41) Recap: Post-Interview

- -

Follow Lucas: https://twitter.com/buffalu__

Follow Xavier: https://twitter.com/0xave?lang=en

Follow Aidan: https://twitter.com/aidan0x

Follow Myles: https://twitter.com/MylesOneil

Follow Mike: https://twitter.com/MikeIppolito_

Subscribe on YouTube: https://bit.ly/3R1D1D9

Subscribe on Apple: https://apple.co/3pQTfmD

Subscribe on Spotify: https://spoti.fi/3cpKZXH

- -

Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023

- -

Resources:

Chorus One Validator Economics

https://medium.com/chorus-one/exploring-validator-economics-on-solana-cb1498a3aef6

How POS Networks Nurture Decentralization by Felix L

https://chorus.one/articles/how-can-proof-of-stake-networks-nurture-decentralization

- -

Disclaimer: Nothing said on Bell Curve 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. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.