Podcasts about apys

Find out when it's worth splurging on kitchen gear and how to switch banks without losing your financial footing. What kitchen tools are actually worth the money? Is switching to an online bank really worth the hassle? Hosts Sean Pyles and Elizabeth Ayoola discuss the value of investing in high-quality kitchen gear and what to consider when moving your money to an online bank so you can make smarter, more intentional financial choices. They begin by speaking with Michele Norris, host of the podcast Your Mama's Kitchen. She explains how you can align your purchases with your cooking habits — without falling for social media hype. Plus, they discuss how to think about home kitchen upgrades, including tips and tricks on choosing the right knife or stove, knowing when to skip premium brands, and avoiding aesthetic-driven purchases that don't match your lifestyle.  Then, NerdWallet consumer banking editor Ruth Sarreal joins Sean and Elizabeth to discuss how to evaluate whether switching banks makes sense. They explore how to compare rates and fees, keep your auto-payments organized, and transition smoothly without damaging your credit or missing a bill. NerdWallet's roundup of the best online checking accounts: https://www.nerdwallet.com/best/banking/online-checking-accounts  In their conversation, the Nerds discuss: high yield savings account, switching banks, best kitchen appliances to buy, online-only banks, SoFi checking account, bank account switching process, best knives for home cooks, Vitamix vs Ninja blender, Le Creuset alternatives, when to splurge on appliances, budgeting for kitchen upgrades, online banks vs traditional banks, how to switch banks, ATM access with online banks, pros and cons of online banks, choosing a stove, best air fryer to buy, kitchen appliances worth the money, countertop appliances, instant pot storage, what to look for in a blender, managing multiple bank accounts, best checking accounts, how to avoid bank fees, how to transfer auto-payments, comparing bank APYs, personal finance for home cooks, financial planning for kitchen purchases, emotional value of kitchen gear, and sentimental kitchen items. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com. Like what you hear? Please leave us a review and tell a friend.

February 21, 2025 - Season 15, Episode 95 of The Terrible Podcast is now in the can. In this Friday morning episode, Alex Kozora and I go all over the place with our discussions and down several crazy rabbit holes. We start this show with a quick conversation about an NFL Pro Bowl or All-Star game that could come close to rivaling what the NHL just did with their 2025 4 Nations Face-Off Tournament. The Pittsburgh Steelers reportedly have some level of interest in signing Cleveland Browns RB Nick Chubb this offseason so Alex and I discuss whether that would be a smart move. We discuss the fungibility of the running back position, the valuer of Chubb within that, as well as the 2025 draft class at the position. We discuss the probability of the Steelers drafting a running back this year in the first two rounds. We now have a range for the NFL's 2025 salary cap number as of Wednesday, so Alex and I go over that news. We also discuss what that range means for the Steelers. Alex and I also discuss cap and cash differences in this show and how both relate to the Steelers this offseason. How active will the Steelers be this offseason in signing outside free agents? Alex and I work through an exercise of free agent needs by position groups as it relates to possible number of players ultimately signed with APYs greater than $10 million. We discuss whether Steelers' fans might be expecting too much this offseason when it comes to higher quality, and thus more expensive, outside free agent additions. Does Steelers WR George Pickens need a veteran mentor in the wide receiver room this offseason? Also, should Pickens really be expecting to get a top five wide receiver contract this offseason? Alex and I have discussions about those two questions. Should the Steelers get in a hurry this offseason when it comes to them signing OLB T.J. Watt to a contract extension? Alex and I have a discussion about that question during this show as well. This 118-minute episode also discusses several other minor topics not noted in the recap as well. We also answer a few more listener questions at the end of this episode and those create a little more discussion to boot. steelersdepot.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Our financial system is kept in balance through the federal reserve assessing and adjusting the federal funds rate. Due to the recent rate change earlier this month, you'll likely see some new changes coming down the road that will affect your savings and borrowing rates. What do the changes mean for personal finance planning and what financial opportunities could a rate change provide?  Links: Read the Forbes Advisor article mentioned Check out these additional resources for more information about the Fed rate and its impact on your money: MSN: The Fed just cut interest rates. How will your finances be impacted? Forbes: What Happens when the Fed Raises Rates? CBS News: The Fed cut rates for the first time in 4 years. What does that mean for your money? ABC News: The Federal Reserve is finally lowering rates. Here's what consumers should know CBS News: The Fed just made a jumbo rate cut. Here are 5 takeaways on what it means for mortgages and more. Learn more about our financial planning services at Triangle Credit Union Get in touch with one of our Mortgage Originators to learn more about a home purchase or refinance Check out TCU University for more financial education tips and resources!  Follow us on Facebook, Instagram and Twitter!  Learn more about Triangle Credit Union Transcript: Welcome to Money Tip Tuesday from the Making Money Personal podcast.   If you've paid attention to financial news recently, you'll have noticed there was some media attention regarding the Federal funds rate.   On Wednesday, September 18, 2024, Federal Reserve Chairman, Jerome Powell, announced that the federal funds rate would decrease by .50 percentage points, or ½ a percent.   For anyone unfamiliar with the federal funds rate, it's the rate set by the Federal Open Markets Committee that banks use to lend money to each other overnight. What makes this rate so special is that it impacts everything for us as consumers like any APYs earned on savings accounts to the interest rates we pay on loans and credit cards.   One Forbes Advisor article simply stated, “The fed funds rate effectively dictates the cost of money in the U.S. economy.”   The Federal Reserve regularly meets to assess the economy, reviewing important aspects like inflation and unemployment. During this meeting a decision is made to do one of three things, raise the rate, lower the rate, or keep the rate the same.   It's not entirely necessary to know all the ins and outs of how the rate is determined and its role in the financial market, but it is important to be aware of how a rate change can affect your finances.  When the fed rate changes, it affects all aspects of the financial market so there are many signs you should recognize when news hits that the rate was raised or lowered.   When the rate goes up you may notice a few of these changes:  Interest rates on savings accounts and CDs go up  Rates for loans and credit cards go up  It can strengthen the dollar thereby attracting foreign investors   It can slow down economic activity and decrease the rate of inflation  Similarly, when the rate goes down, you'll notice these changes:  Borrowing rates get cheaper, decreasing rates for loans and credit cards  Rates on savings accounts and CDs go down  It can weaken the dollar and deter foreign investors  Boost the stock market and stimulate economic growth by decreasing the borrowing costs for companies  The good news is that there are opportunities for all of us whatever the rate situation. We can use the rate environment to gauge what types of financial decisions we need to make.  This recent rate decrease should spark some considerations for anyone monitoring their financial position.   It may provide an opportunity to tweak some budget items. Pay attention to your interest rates. If they go down, it could free up some cash that you could then reallocate to other budget line items.   Talk to a financial professional about your investment mix and ask whether adjustments should be made. Because the stock market is likely to be affected by the change in interest rates this might be a good time to reevaluate your investment portfolio to adapt to the changing economic climate.   It might be a good time to refinance any existing loans like your auto or house loan or even a good time for debt consolidation. Talk to a financial professional or mortgage originator to get an idea of any new rate and term options that may now be available.  For those waiting for lower rates, it might finally provide an opportunity to make that larger purchase, like a house.  Due to the recent decision to lower the Fed rate, we are likely to see changes coming across the financial world in the coming months that will likely usher in new financial opportunities.   To learn more about the fed funds rate and how it can impact your finances, as well as the Forbes article mentioned earlier in this episode, check out the list of links in the show notes for more information.  If there are any other tips or topics, you'd like us to cover, let us know at tcupodcast@trianglecu.org.  Like and follow our Making Money Personal FB and IG page and look for our sponsor, Triangle Credit Union on social media to share your thoughts.   Thanks for listening to today's Money Tip Tuesday and be sure to check out our other tips and episodes on the Making Money Personal podcast.   Have a great day! 

Join us in this enlightening episode as we sit down with Don Muir, the innovative CEO & Co-Founder of Arc. Discover how Arc is building the future of finance by providing cutting-edge banking software designed for modern tech companies. Don discusses how Arc ensures the protection of deposits with the world's largest financial institutions, offers competitive APYs on deposits, and provides instant access to growth capital. Dive into Don's journey from his experiences in private equity and management consulting to founding Arc, a company revolutionizing the financial services industry. Learn about Arc's unique approach to diversifying startup deposits, ensuring maximum coverage, and offering flexible working environments for its team. This episode is a must-watch for anyone interested in the intersection of finance and technology. This show is supported by Match Relevant. A company that helps venture-backed Startups find the best people available in the market, who have the skills, experience, and desire to grow. With over a decade of experience in recruitment across multiple domains, they give people career options to choose from in their career journey. Learn more about Match Relevant at matchrelevant.com

Simon Jones is the Founder of Reya Labs. In this episode, we cover Reya Network, the game-changing modular L2 optimized for traders. Learn how this promising new L2 design allows for deeper markets and better trading conditions with instant liquidity, lightning fast transactions, superior APYs and a margin account at the network level. ------

What are the best airdrop and yield opportunities on EigenLayer? And how can you maximize your airdrop eligibility chances for all of the EigenLayer AVS services that will launch soon? This is what we discussed with DeFi Dojo. DeFi Dojo informs its Discord Members about the best Yield Opportunities in all of crypto. Besides, the team runs validators on various chains. That's why we have decided to join forces on EigenLayer and launch an operator together. When staking $ETH with our operator, you will get exposure to all of the airdrops that will take place in the EigenLayer AVS ecosystem. In this episode, we inform you about the best airdrop and yield maximization strategy in the EigenLayer ecosystem, explain to you why these crazy APYs that you see on EigenLayer are actually sustainable and make sense, and so much more! - - - Catch up with FRENS VALIDATOR:

You probably already know that having a savings account is important. You can save up your money for your next big-ticket purchase, retirement, or an emergency fund. But did you know that there are loads of benefits to using an online savings account? Here's what you need to know about the benefits of online savings and what to look for.  Links: Learn more about the benefits of an Online Savings account Check out TCU University for more financial education tips and resources! Follow us on Facebook, Instagram and Twitter! Learn more about Triangle Credit Union Transcript: Welcome to Money Tip Tuesday from the Making Money Personal podcast.  To begin with, not only does an online savings account keep your money safe, it can also help you build wealth. Financial institutions will often pay you interest for keeping your money with them. The interest rate, which is a percentage, will be multiplied by how much money you have in your online savings account. The financial institute will then add that amount of money to your savings.   You'll also want to look at the annual percentage yield, or APY. The APY is how much money you will make on your balance, with compounding included.  In other words, when you are looking for a place to keep your savings, you're going to want to compare different financial institutions' online savings rates and APYs. The higher the interest rates, the more money you will make. Online savings typically offer a higher interest rate than a traditional savings account so if you're looking to earn a higher yield, try an online savings account.  Keep in mind that rates are subject to change and are usually based on the Federal Reserve, so you will want to keep a close eye to see if your rate decreases; if rates decrease, you may want to consider switching where you keep your money.  Another benefit of online savings is simple convenience. You can access your funds quickly within your online or mobile banking and can transfer money to and from other accounts instantly. All you need for access is a device and an internet connection. This is especially useful if you have an emergency and need to move some money fast. You don't need to wait in line at a bank or on hold on the phone.  Having your money in an online savings account isn't just convenient, it's secure too. If your financial institution is FDIC-insured, your money is safe in case the institution fails. It is insured up to $250,000 per account. If you bank at a credit union, your money is insured for the same amount through the NCUA. Since it's a strictly online account, it's also secured through encryption, as well as multi-factor authentication, which makes it more difficult for fraudsters to steal your money. Online savings accounts are just as secure as your other financial accounts.  One thing you'll want to look out for when shopping are the online savings account fees and minimum balance requirements. Some financial institutions have monthly maintenance fees or fees if your balance drops below a certain amount. These fees can take away any interest you might have earned in your savings. Look for a financial institution with no fees on savings. You also want to check the minimum deposit requirements. Some online savings accounts can require a minimum amount of money to open the account, which can range anywhere from $100 to $5,000.   Our sponsor, Triangle Credit Union, offers an online savings account with no monthly maintenance fees and only requires a minimum of $100 to open the account.   If there are any other tips or topics, you'd like us to cover, let us know at tcupodcast@trianglecu.org and don't forget to like and follow our Making Money Personal Facebook and Instagram pages and look for our sponsor, Triangle Credit Union on Instagram and LinkedIn to share your thoughts.   Thanks for listening to today's Money Tip Tuesday and be sure to check out our other tips and episodes on the Making Money Personal podcast.   Have a great day! 

In this new GoodWill Yunting episode, we have on two Chads, Julian and Big D Senpai from the big brain protocol Illuminate Finance. Illuminate is a fixed income aggregator that gives users some of the best APYs in DeFi along with incredible aggregation for protocols looking to integrate. In this episode, we get into all the dope tech such as the metatoken that allows Illuminate to offer incredible yields and highly liquid markets in a safe and secure way. We discuss how to make the unsexy field of fixed rate yield sexy for both users and DeFi in general. We of course get into lots of alpha such as the ability for Illuminate to integrate with options protocols for lots of benefits to options traders, how Illuminate plans to build out to take over the fixed income space, and much much more. This is both a highly informative and hilarious episode so you won't want to miss it. Tune in today!  If you enjoyed the episode, please subscribe, rate, and share so we can continue to get amazing, alpha dropping guests. We plan to release episodes bi-weekly, so don't sleep!   Big thank you to Julian and Big D for taking the time out of their day to talk crypto with us. You can find them on Twitter @IlluminateFi and @BigDSenapi.  Feel free to tweet or message me @TheRogueItachi. You can find the pod on Twitter @GoodWillYunting. And thank you to our sponsor Alchemix. you can find them on Twitter @AlchemixFi.  As always, Yunt Hard, Yunt Fast, Yunt Capital.   Disclaimer: Nothing said on this podcast is advice or a solicitation to buy or sell any assets or tokens. We may, and often because we're passionate about the projects we bring on, hold investments in the project and even work in their communities. None of this is financial advice, please do your own research; this is a risky field. 

High Yield Savings Accounts (HYSA) are currently offering some of the highest interest rates in March 2023 we've seen in a long time. In this video I am going to discuss 8 different high yield savings accounts with APYs as high as 4.55%! Links to sign up for HYSAs:  1. UFB Direct - https://fxo.co/1147663/ufb (Affiliate link)  2. CIT Bank - https://fxo.co/1147663/cit (affiliate link)  3. MySavingsDirect - https://www.mysavingsdirect.com/ 4. SoFi - https://www.sofi.com/banking/savings-account/ 5. BMO Harris Bank - https://www.bmoharris.com/main/personal/onlinesavingsaccount/ 6. Bask Bank - https://www.baskbank.com/products/interest-savings-account 7. Bread Financial - https://opensavings.breadfinancial.com/ 8. Salem Five Direct - https://www.salemfivedirect.com/#eonesavings WATCH NEXT ➡️ Know THIS Before You Open a High Yield Savings Account https://youtu.be/14H_ZgddZ8s  I Switched to CIT Bank's High Yield Savings Account. Worth it? ➡️ https://youtu.be/rGIUTUTwUUw 7 Pillars of Financial Independence That Will Make You Rich: https://youtu.be/_uqKDhWT3yo BEST 3-Fund ETF Portfolio That Will Make You Rich ➡️ https://youtu.be/ej_P9_Wbt-k 5  The ONLY 2 ETFs You Need to Become Rich in 2023 - https://youtu.be/ks35rkGkZaQ 4 Stages to Saving $1,000,000: https://youtu.be/pgT7ehOCv5U  BEST Fidelity Index Funds to Buy and Hold FOR LIFE ➡️ https://youtu.be/cH3B73ITA4 Open your free high yield savings account with CIT Bank today: https://fxo.co/1147663/investingwithmatt Get Term Life Insurance. Creating an account is free with Haven Life and you can estimate how much you can expect for the amount of life insurance you're interested in (this is who I got my life insurance policy with). Haven Life

DeFi lending protocols operate accordingly to their smart contracts and are perfect examples of ‘Code is law', even if some recent exploits have not quite abided to this harsh truth. From well established protocols to degenerate DeFi farms with astronomic APYs, they all mainly use liquidity pools. Morpho Labs proposes a peer-to-peer approach that operates on top of another protocol's liquidity pool (i.e. Aave, Compound), offering better rates for lenders as well as borrowers.We were joined by Paul Frambot, co-founder and CEO of Morpho Labs, to discuss about the benefits and challenges that arise from a peer-to-peer lender-borrower matching system and what failsafes are in place.Topics covered in this episode:Paul's background and diving into DeFiFounding and funding MorphoThe concept behind MorphoImproving lending & borrowing APYsHow lenders and borrowers are matchedManaging gas fees in a P2P settingSecuring collateral in peer matchesSharing liquidity with Aave and CompoundMorpho token economyManaging liquidationsUser experience & integrationsMorpho's business modelFuture roadmapEpisode links: Paul Frambot on TwitterMorpho Labs on TwitterMorpho LabsSponsors: Omni: Access all of Web3 in one easy-to-use wallet! Earn and manage assets at once with Omni's built-in staking, yield vaults, bridges, swaps and NFT support.https://omni.app/ -This episode is hosted by Sebastien Couture & Friederike Ernst. Show notes and listening options: epicenter.tv/480

New York Giants general manager Joe Schoen spoke to the media Monday along with head coach Brian Daboll. Schoen provided a few nuggets into his offseason plan. We take a look at what was said and then weigh the possibilities. This episode also contains some salary cap info including potential APYs for Daniel Jones and Saquon Barkley.How Might the New York Giants Attack the Off-season?https://www.youtube.com/channel/UCVmzf-nD8oaTBShrW_zTeXAFollow & Subscribe on all Podcast platforms…

New York Giants general manager Joe Schoen spoke to the media Monday along with head coach Brian Daboll. Schoen provided a few nuggets into his offseason plan. We take a look at what was said and then weigh the possibilities. This episode also contains some salary cap info including potential APYs for Daniel Jones and Saquon Barkley. How Might the New York Giants Attack the Off-season? https://www.youtube.com/channel/UCVmzf-nD8oaTBShrW_zTeXA Follow & Subscribe on all Podcast platforms…

How do you build risk-adjusted crypto yield strategies? In this episode of The Next Billion podcast, George Harrap is joined by Uddhav Marwala, Co-founder & CEO of Friktion who talks about the story behind launching Friktion and how that helps build transparency around sustainable yield strategies. George and Uddhav discuss the key to APYs, and how Friktion's analytics blend seamlessly to help crypto users gain yield even though crypto is still fundamentally volatile. Uddhav reveals Friktion's institutional product that aims at bridging the gap between TradFi and DeFi. The Next Billion podcast talks to Solana builders that are helping onboard The Next Billion people into crypto. Listen to George and Erhan's unfiltered, and raw perspectives here and on Spotify at https://open.spotify.com/show/2ELv0CtYJYwcsqb9CdUMJi. Crypto is so much more than just numbers and nodes. It's about onboarding The Next Billion users. The Next Billion podcast is a direct, and unfiltered dive into the stories of the builders that are making this happen. Host George Harrap has wide-ranging conversations to help people better understand the future of crypto adoption and uses around the world. Subscribe to join us on the journey of onboarding The Next Billion.

Weso is lead developer at Beefy Finance, a Multi-Chain Yield Optimizer that autocompounds crypto assets for the best APYs. Why you should listen Beefy Finance is a decentralized, multi-chain Yield Optimizer platform that allows its users to earn compound interest on their crypto holdings. Beefy Finance automatically maximizes the user rewards from various liquidity pools (LPs),‌ ‌automated market-making (AMM) projects,‌ ‌and‌ ‌other yield‌ farming ‌opportunities in the DeFi ecosystem. The main product offered by Beefy Finance is the 'Vaults' in which you stake your crypto tokens. The investment strategy tied to the specific vault will automatically increase your deposited token amount by compounding arbitrary yield farm reward tokens back into your initially deposited asset.  Supporting links Masterworks Beefy Finance Andy on Twitter  Brave New Coin on Twitter Brave New Coin If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.

Today on the Ether we have LUNC DAO hosting a space discussing the ins and outs of LUNC staking including how to stake, APYs, and more! You'll hear from LunaVShape, Cephii, 0xEars, Stablejim, Maverick17.DAO, RyanLion, panterra, and more! Recorded on August 25th 2022. If you enjoy the music at the end of the episodes, you can find the albums streaming on Spotify, and the rest of your favorite streaming platforms. Check out Project Survival, Virus Diaries, and Plan B wherever you get your music. Thank you to everyone in the community who supports TerraSpaces.

In this special edition of NFT 101 and Crypto Conversations, Matt Ryan and Nathan Simone are joined by BitMart's Andrew Stahlkrantz as he breaks down BitMart's brand new Elite NFT service. https://forms.gle/pR18k1BrhPh6nkCX9 (SIGN UP HERE) Unlike many NFTs, which are simply digital art, this NFT represents proof of membership, offering an elite status to BitMart users that comes with exclusive member benefits. BitMart will be the first cryptocurrency exchange to launch a program like this using Web3 utility, making this an exciting and celebratory event. Holders of this exclusive NFT will receive benefits that far exceed what standard users expect. In addition to having a unique NFT to cherish, sell, or transfer, holders will get the following benefits from 8/15/2022-9/15/2022: Exclusive 3D Elite membership NFT: Members can trade this NFT on the BitMart NFT Marketplace VIP Spot Trading Fee: Rebate fee rate for spot trading for one month (Maker: -0.01% Taker: 0.01%) VIP Margin Trading: Zero interest for Margin Trading for one month Guaranteed Mystery Airdrop: Up to $100 in tokens airdropped on 9/1 Premium EARN Rewards: BitMart Savings and Staking with increased APYs for members Personalized 24/7 Customer Service: Members only Crafted to be a unique and beneficial tool for both BitMartians and NFT lovers, the membership program perfectly complements https://bitmart-exchange.medium.com/bitmarts-nft-marketplace-is-live-f95a8baa666d (BitMart's flourishing NFT marketplace) while giving users enormous value across BitMart's product suite. If these perks seem enticing, you'll undoubtedly want to follow us on this ride. As the program develops and BitMartians clamor for more, we'll deliver! This VIP experience is just the tip of the iceberg. For current or prospective BitMartians to qualify for this inaugural NFT membership program, they need to complete four out of ten tasks during the campaign period 7/20-8/8: Create a new BitMart account and pass KYC level 2 Refer a minimum of 2 friends and have them pass KYC level 2 Purchase a minimum of $200 in any single token through BitMart's fiat channels Have $1,000 in spot trading volume using any single token Make a $500 deposit of any single token Subscribe a minimum of $500 to a one-time Flex Savings program on BitMart Stake a minimum of $500 on any BitMart staking product Borrow a minimum of $300 on any single margin pair Trade a minimum of $5,000 on the BitMart futures market in any single token Make at least one NFT transaction on BitMart's NFT Marketplace  BitMart is beyond excited to be the first in the industry to bring a tokenized rewards program to its users. Over the next few months, BitMart will expand its membership program and provide Elite NFT holders with additional offerings. To participate in the NFT membership program, join here: https://gleam.io/S71O6/win-exclusive-nft-to-join-bitmart-elite-membership-program (https://gleam.io/S71O6/win-exclusive-nft-to-join-bitmart-elite-membership-program)   All opinions and actions expressed and undertaken by the host(s) and guest(s) are individual opinions and actions and do not reflect the views and actions of BitMart. BitMart does not guarantee this content's accuracy, applicability, reliability, integrity, performance, completeness, or appropriateness. The value of digital currencies can go up or down, and there can be a substantial risk in buying, selling, holding, or investing in digital currencies. You should carefully consider whether trading or holding digital currencies is suitable for you based on your personal investment objectives, financial circumstances, and risk tolerance.  BitMart does not provide investment, tax, or legal advice. Use of BitMart services is entirely at your own risk.

In this special edition of NFT 101 and Crypto Conversations, Matt Ryan and Nathan Simone are joined by BitMart's Andrew Stahlkrantz as he breaks down BitMart's brand new Elite NFT service. https://forms.gle/pR18k1BrhPh6nkCX9 (SIGN UP HERE) Unlike many NFTs, which are simply digital art, this NFT represents proof of membership, offering an elite status to BitMart users that comes with exclusive member benefits. BitMart will be the first cryptocurrency exchange to launch a program like this using Web3 utility, making this an exciting and celebratory event. Holders of this exclusive NFT will receive benefits that far exceed what standard users expect. In addition to having a unique NFT to cherish, sell, or transfer, holders will get the following benefits from 8/15/2022-9/15/2022: Exclusive 3D Elite membership NFT: Members can trade this NFT on the BitMart NFT Marketplace VIP Spot Trading Fee: Rebate fee rate for spot trading for one month (Maker: -0.01% Taker: 0.01%) VIP Margin Trading: Zero interest for Margin Trading for one month Guaranteed Mystery Airdrop: Up to $100 in tokens airdropped on 9/1 Premium EARN Rewards: BitMart Savings and Staking with increased APYs for members Personalized 24/7 Customer Service: Members only Crafted to be a unique and beneficial tool for both BitMartians and NFT lovers, the membership program perfectly complements https://bitmart-exchange.medium.com/bitmarts-nft-marketplace-is-live-f95a8baa666d (BitMart's flourishing NFT marketplace) while giving users enormous value across BitMart's product suite. If these perks seem enticing, you'll undoubtedly want to follow us on this ride. As the program develops and BitMartians clamor for more, we'll deliver! This VIP experience is just the tip of the iceberg. For current or prospective BitMartians to qualify for this inaugural NFT membership program, they need to complete four out of ten tasks during the campaign period 7/20-8/8: Create a new BitMart account and pass KYC level 2 Refer a minimum of 2 friends and have them pass KYC level 2 Purchase a minimum of $200 in any single token through BitMart's fiat channels Have $1,000 in spot trading volume using any single token Make a $500 deposit of any single token Subscribe a minimum of $500 to a one-time Flex Savings program on BitMart Stake a minimum of $500 on any BitMart staking product Borrow a minimum of $300 on any single margin pair Trade a minimum of $5,000 on the BitMart futures market in any single token Make at least one NFT transaction on BitMart's NFT Marketplace  BitMart is beyond excited to be the first in the industry to bring a tokenized rewards program to its users. Over the next few months, BitMart will expand its membership program and provide Elite NFT holders with additional offerings. To participate in the NFT membership program, join here: https://gleam.io/S71O6/win-exclusive-nft-to-join-bitmart-elite-membership-program (https://gleam.io/S71O6/win-exclusive-nft-to-join-bitmart-elite-membership-program)   All opinions and actions expressed and undertaken by the host(s) and guest(s) are individual opinions and actions and do not reflect the views and actions of BitMart. BitMart does not guarantee this content's accuracy, applicability, reliability, integrity, performance, completeness, or appropriateness. The value of digital currencies can go up or down, and there can be a substantial risk in buying, selling, holding, or investing in digital currencies. You should carefully consider whether trading or holding digital currencies is suitable for you based on your personal investment objectives, financial circumstances, and risk tolerance.  BitMart does not provide investment, tax, or legal advice. Use of BitMart services is entirely at your own risk.

In this special edition of NFT 101 and Crypto Conversations, Matt Ryan and Nathan Simone are joined by BitMart's Andrew Stahlkrantz as he breaks down BitMart's brand new Elite NFT service. SIGN UP HERE Unlike many NFTs, which are simply digital art, this NFT represents proof of membership, offering an elite status to BitMart users that comes with exclusive member benefits. BitMart will be the first cryptocurrency exchange to launch a program like this using Web3 utility, making this an exciting and celebratory event. Holders of this exclusive NFT will receive benefits that far exceed what standard users expect. In addition to having a unique NFT to cherish, sell, or transfer, holders will get the following benefits from 8/15/2022-9/15/2022: Exclusive 3D Elite membership NFT: Members can trade this NFT on the BitMart NFT Marketplace VIP Spot Trading Fee: Rebate fee rate for spot trading for one month (Maker: -0.01% Taker: 0.01%) VIP Margin Trading: Zero interest for Margin Trading for one month Guaranteed Mystery Airdrop: Up to $100 in tokens airdropped on 9/1 Premium EARN Rewards: BitMart Savings and Staking with increased APYs for members Personalized 24/7 Customer Service: Members only Crafted to be a unique and beneficial tool for both BitMartians and NFT lovers, the membership program perfectly complements https://bitmart-exchange.medium.com/bitmarts-nft-marketplace-is-live-f95a8baa666d (BitMart's flourishing NFT marketplace) while giving users enormous value across BitMart's product suite. If these perks seem enticing, you'll undoubtedly want to follow us on this ride. As the program develops and BitMartians clamor for more, we'll deliver! This VIP experience is just the tip of the iceberg. For current or prospective BitMartians to qualify for this inaugural NFT membership program, they need to complete four out of ten tasks during the campaign period 7/20-8/8: Create a new BitMart account and pass KYC level 2 Refer a minimum of 2 friends and have them pass KYC level 2 Purchase a minimum of $200 in any single token through BitMart's fiat channels Have $1,000 in spot trading volume using any single token Make a $500 deposit of any single token Subscribe a minimum of $500 to a one-time Flex Savings program on BitMart Stake a minimum of $500 on any BitMart staking product Borrow a minimum of $300 on any single margin pair Trade a minimum of $5,000 on the BitMart futures market in any single token Make at least one NFT transaction on BitMart's NFT Marketplace  BitMart is beyond excited to be the first in the industry to bring a tokenized rewards program to its users. Over the next few months, BitMart will expand its membership program and provide Elite NFT holders with additional offerings. To participate in the NFT membership program, join here: https://gleam.io/S71O6/win-exclusive-nft-to-join-bitmart-elite-membership-program (https://gleam.io/S71O6/win-exclusive-nft-to-join-bitmart-elite-membership-program)   All opinions and actions expressed and undertaken by the host(s) and guest(s) are individual opinions and actions and do not reflect the views and actions of BitMart. BitMart does not guarantee this content's accuracy, applicability, reliability, integrity, performance, completeness, or appropriateness. The value of digital currencies can go up or down, and there can be a substantial risk in buying, selling, holding, or investing in digital currencies. You should carefully consider whether trading or holding digital currencies is suitable for you based on your personal investment objectives, financial circumstances, and risk tolerance.  BitMart does not provide investment, tax, or legal advice. Use of BitMart services is entirely at your own risk.

The Gentlemen of Crypto EP - 916   ********************************** Connect with us online at the following places: KRBE Digital Assets Group • Website: https://thegentlemenofcrypto.com • TGoC YouTube: https://bit.ly/3dauQCo • Masterclass: https://krbe-digital-assets-masterclass.teachable.com/courses SOCIAL • KRBE Twitter: https://twitter.com/krbecrypto • KRBE Facebook: https://www.facebook.com/krbedigitalassets/ • KRBE Instagram: https://www.instagram.com/thegentlemenofcrypto/ • King Twitter: https://twitter.com/KingBlessDotCom • Bitcoin Zay Twitter: https://twitter.com/bitcoinzay COOL CRYPTO GEAR • Amenhotep Designs: https://www.adesignuk.com/ • No Keys No Cheese Gear: https://www.bitcoinmovement.com • Been Dope Gear: https://jakefever.com/collections/millionaire-coming-soon • Unite Africa Gear: https://www.yemnasium.com/shop   Business Inquiries: krbe@krbecrypto.com Support "The Gentlemen of Crypto" by using our referral link to download the Brave Browser. https://brave.com/krb666 Donations welcome, but not necessary! ********************************** **This is not financial advice. The expressed opinions in the video are of the speakers. You can lose all your money in the cryptocurrency market, so be sure to do your own research before investing.** The Gentleman of Crypto is a daily live broadcast that explores Bitcoin and cryptocurrency market. We discuss international topics, news updates, and future innovations in blockchain, digital currencies and assets, fintech, and more.

Fran Strajnar is the co-founder of Techemynt, the issuer of the NZDS, a New Zealand Dollar (NZD) Stable Coin backed 1:1 with physical New Zealand Dollars in a cash and cash equivalent treasury managed by a New Zealand registered financial services provider. Guest: Fran Strajnar  Why you should listen: NZDS was launched in March 2021 by Techemynt, a registered New Zealand Financial Services provider, using the FiatToken framework developed by Centre that is the basis for USD-Coin (USDC).  New Zealand's currency is a leader in adaptability, resilience, and market trustworthiness. NZD is the 10th most traded currency globally. The NZDS stable coin offers cryptocurrency users the stability and utility of the New Zealand Dollar with the versatility of a cryptocurrency. The NZDS can be used through a variety of Ethereum wallets including Metamask. Once added to an Ethereum wallet, the NZDS token can be used for making payments and interacting with a variety of applications on the Ethereum blockchain network. An example of a decentralized application where NZDS can be used is on DFX, a stablecoin exchange, and finance platform.  High yield is available for liquidity providers. The NZDS/USDC pool on the Automated Market Maker-based decentralized exchange, DFX, offers liquidity providers APYs of 10-25%. This is impressive given the average rate for 1-5 year term deposits in New Zealand is ~3%. The pool currently has US$4.2 million worth of assets locked into it by the DFX community. Supporting links: Techemynt Andy on Twitter  Brave New Coin on Twitter Brave New Coin If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.

Acronyms are tricky. Acronyms that are one letter apart and mean completely different things, are even trickier. In this Mini Money Minute, you will learn about APRs and APYs, what they stand for, what they measure and why knowing their definitions is important when borrowing or saving money.

Have you heard of a crypto DAO? They are decentralized finance protocols whose primary use case is still in the stage of getting figured out! Currently, it has people confused and angry, especially in the bear market we seem to have entered. Its core functionality, a staking scheme with never before heard of annual percentage yields (APYs) via new token mints, is believed to be unsustainable to the point of being fraudulent. The question is - Are they true business models with a future or  just another Ponzi scheme? Let's find out!  

DeFi Slate dHEDGE Pool Is Live: Participate in the crypto revolution on Polygon offering tiny gas fees and outsized returns with DeFi Slate by your side!DeFi Slate Fam:The DEX space has seen a lot of changes since DeFi Summer. A lot of positive ones and some interesting experiments for sure. An OG in the DeFi space is Bancor who are working on their V3 protocol. Now, in this podcast we don't talk just about Bancor, we go over DEX tokenomics, the creation of proper emissions and inflation schedules, and how overall DeFi as a whole can create long-term sustainable yields. For all of you who are new, there´s a lot of crazy high APYs but these obviously aren´t gonna be around in 1, 2 3 years. The key for us right now is just to buckle up and build long-term products. Learn about building long-term sustainable yields in today's podcast with Mark Richardson and Nathaniel Hindman and enjoy this one as it will shape the rest of DeFi for the coming years.Cheers,Andy🙌 Sponsor Spotlight: Zerion, the #1 place to invest in DeFi! Swap, earn, borrow, lend!DeFi by Design EP59: Building Sustainable Yields in DeFi w Impermanent Loss Protection🙌 Together with: Degate, a Decentralized Layer 2 Exchange based on optimistic rollups. DeGate will offer secure order-book trading that is faster and cheaper than mainnet. Degate also offers a fast and efficient L1 - L2 Bridge, testnet is operating now. Try it HERE!DeFi Saver, is your hub for advanced DeFi management including automation and liquidation protection on Aave & MakerDAO. Join their discord to learn more about the community!DeversiFi is a layer 2 exchange providing deep order books so you can avoid gas costs and frustration, saving you time and money with every trade or swap. DeFi should be open to everyone, not just whales. Join their community on Discord now!QiDAO is one of the newer, most exciting DeFi primitives that introduces ZERO interest loans to DeFi. Their money market product along with their stable coin $MAI is available on Polygon, Avalanche, Fantom and Ethereum! Multichain MAXIS! Check it out, and get your first ZERO interest loan in DeFi! Join their community on Discord now!GoGo is building the world's first non-custodial, decentralized asset manager using NFT smart vaults and is allowing ANYONE to start yield farming on polygon with just a few clicks! So easy your grandma could do it! Join their community on Telegram now!Dhedge is a decentralized asset management protocol facilitating the future of co-investing & fund management. When you invest in top performing pools you earn rewards in DHT tokens! Join their community on Telegram now!🔥 Partner Project UpdatesPolygonHermez is an open-source ZK-Rollup optimized for secure, low-cost and usable token transfers on the wings of Ethereum. Check it out here!Zerion is a DeFi dashboard AND mobile app that enables any smartphone holder, anywhere in the world, to build and manage their decentralized finance (DeFi) portfolio. Check it out here!Pangolin is a community-driven decentralized exchange with fast settlement, low transaction fees, and the best trading opportunities to maximize your yield. Check it out here!Make sure to check out the Pangolin Roadmap Q1 2022: HERE⚠️ DISCLAIMER: Investing into cryptocurrency and DeFi platforms comes with inherent risk including technical risk, human error, platform failure and more. At certain points throughout this post, we might get commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.Liked this post? Share with a friend :)🚀 Join Our Inner Circle And Become A Certified DeFi Degen!🚨 Want to learn DeFi from Silicon Valley Investors & Entrepreneurs? Check out the DeFi Masterclass Here!🌐Check Us Out On Twitter!🚀Join the community on Telegram Channel to get our free V.1. yield farming guide!🎤Subscribe to our YouTube channel!👩‍💻Join the DeFi Slate DAO Discord Server!🖼 Interested in NFTs? Check out our new project NFT Slate!Last week in review:MetisDAO L2 Summer Incoming: Yield Farming & Airdrops GuideL2 NFTs Are About to Explode: Here's What You Need To KnowDeFi by Design EP58: Exploring Zk-Rollups & Modular Blockchains w SyscoinCheck out some previous interviews:DeFi Slate x Nate Hindman: AMMs & Bancor V2DeFi Slate x TheEther: A social governance experience for EthereumDeFi Slate x Jeff Jihoz: Web 3.0 Gaming Axie InfinityDeFi Slate x Nick Fett: Oracles, Tellor, and the future of DeFiRecent tweets: This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit defislate.substack.com

Vasiliy Shapovalov (Tech Lead, Lido), F.P. (Co-Founder, Socean) and Ella Kuzmenko (Product Manager, Stake Pools & Delegation Program, Solana Foundation) chat with Anatoly about the complexity and game theory surrounding stake pools, decentralization and censorship resistance. 00:10 - Intro01:38 - Collaterals, maximizing censorship resistance07:40 - APYs and investors09:31 - How to get penetration across DeFi14:58 - Governance in a liquid stake pool18:23 - Automation vs. programmatic on-chain governance20:44 - Factors in selecting validators29:27 - Growing the validators set32:21 - Stake pool token in DeFi35:09 - Liquidity fragmented between too many pools41:01 - Who controls the network?44:46 - Increasing decentralization Anatoly (00:10):Hey folks. This is Anatoly and you're listening to The Solana Podcast. I have a super exciting episode today, it's all about Stake Pools and decentralization and censorship resistance. And I have a group of guests that I'm going to let them introduce themselves, just to make it a little easier. So Ella, why don't you start first?Ella (00:29):Sure. Hey guys. Ella, I'm a Product Manager of Censorship Resistance at The Solana Foundation working on Stake Pools and the delegation program.Vasiliy (00:39):Hey. I'm Vasiliy, I'm tech lead at Lido. Honestly, I think that the person who should be here instead of me is someone, of course like Felix or [Uto 00:00:49] or maybe Brian, but they couldn't make it, so I'm here instead as a second best option.Anatoly (00:58):Awesome to have you. We'll take the second best.FP (01:03):Hi, guys. I'm FP. I'm co-founder and CEO of The Socean Stake Pool. Nice to meet you guys all today.Anatoly (01:11):Awesome. So censorship resistance Stake Pools, I've been pounding the table on this for two years as the most important thing and proof of stake networks, because I have this crazy belief that if we have liquid staking as collateral and DeFi than financial analyst to analyze systemic risk and these things, we'll actually prefer collateral that maximizes censorship resistance. And that is a crazy thing, because it would tie incentives for maximizing censorship resistance in the network to its actual use and primary use being DeFi. Is this real or not? Is this going to happen?Vasiliy (02:00):I probably got some experience to tell here because we were in production longer, not on Solana, but in general, longer than most liquid staking pools. And I can say that it's less pressure to decentralize than I thought it would be on one hand. On the other hand is much more pressure than we usually have as a stake provider, as node operator. I come from a stake provider, P2P.org that is pretty big itself. So about 4 billion stake of fire down depends on phase of the moon, the day.And people who usually stake, there is the kind of weak, very weak, but it's a prisoner's dilemma when people are incentivized to stake with best node operator. And when there is no clear best, they go by brand but there is a number of pretty good node operator that people are incentivized to stake with because these good node operator don't lose the mistake and give them good profits and stuff like that. And basically it leads to centralization because they are not incentivized very much to the centralized stake. And it's probably on goodwill and many stakers don't give enough thought to goodwill, but stake and pools always do. Basically, they're professionally obliged to do this and better holding up to hold the node operator accountable.I think in Lido, we have a better monitoring system for node operator around for us. And most of the big stakers like changes and funds and stuff that we're monitoring people who stake for us way better than most stakers. And I can say that the trade of is real here, when that liquid stake can token hold us, are not putting a lot of pressure on us, but they're putting some and we are well equipped to react to that. And we would honestly welcome more pressure on this front.Anatoly (04:14):So, Ella, has this been easy to convince people that censorship resistance matters or is it like they're just learning about it for the first time?Ella (04:24):Yeah, that's an interesting question. I think I definitely would second what Vasiliy was saying about how it's surprisingly harder than you would think. People definitely will follow where the rewards are. And I don't think that is surprising. I think there's an interesting opportunity for Stake Pools to play with that idea and give rewards while also touting the benefits of censorship resistance. So, "Hey, we will give you great rewards, but you can also get governance tokens and you can help us build the future together."And I think there's an interesting way that you can frame that discussion where you don't really have to pick one or the other. And I think to put a maybe crazy idea out there, I think we're only seeing the beginning of what can be built on top of Stake Pools. So it's pretty standard to take your Stake Pools tokens and you go stake them and then you earn some additional yield there. But I don't think we've really unlocked the potential of realizing that the underlying asset that you're staking will continue to accrue value every epoch and you should be able to build crazy financial things on top of that, that actually give you way better rewards than staking with an individual validator will ever do.And as the product person, I just put crazy ideas out there and wait for other people to build them. But I think we're at the very early stages of that. And so I'm super excited for a year from now, what crazy things people have built, where the rewards are actually way sexier in Stake Pools. And you don't even have to care about censorship resistance by the fact that you participate in Stake Pools, you will be helping that. So that's the future that I'm really excited for.Anatoly (06:09):What do you think FP?FP (06:12):So the first question was, what do we think about the efforts towards decentralization and I think we're getting there, but I think it's still early days. If you add all of our Stake Pool operators together, we may have 10 minutes all between us and that's less than ever stake. That's less than one validator. So there's still a long way to go. And they charge 8% fees. What's going on? So definitely it is not a rational choice. It's more of a possibly just like inertia sort of thing.And then I would say, to me, there seems to be a little bit of a trade off between Stake Pools and decentralization. And what I mean by that is even between Stake Pools, there are Stake Pools that decentralize more and there are Stake Pools that decentralize less. And in some sense, there is a trade off here because if you stake with too many validators, then you don't get good APY and people don't want to stake with you. And of course, if you only stake with the best ones, then you're not really doing your job as a stake pool. So there's a little bit of a delicate balance here, but I like what Ella said in the sense that there's interesting financial instruments you can build on top, which should make the APY discussion, it just falls out.Anatoly (07:30):So the APY is between all the pools and validators are pretty close. They don't really deviate by more than like 10%. Do investors actually optimize for that right now or participants? Are they actually looking at that or are they making a decision once and not even thinking about it later for months on end? What kind of behaviors do you guys see both as a normal stake operator and a pool operator?Vasiliy (08:00):As a stake operator, I can say that there is a lot of people who absolutely look at returns. We usually, when we go into network, we prepare profit reports for them and show them they are staking with us and we get better returns and stuff like that because that's one of the points that node operator can actually differentiate on. And there is not a lot of them, basically. We offer the same service to people.But as a liquid staking protocols, there is a lot more of thing that can be a differentiator, way lot a lot. The node operator selection is one thing. Other thing is the opportunities to use your stake token in DeFi and CeFi and financial use for it. And this stuff beats these 0.1% point difference squarely. People don't care about the 0.1% point difference. But when they can actually use your token in 10 more protocols than the other person. So I think like, that's going to play as a serious factor way, way in the future, not for the few first years of stake, the liquid staking.Anatoly (09:20):So this is the difference between stable coins. Is how much penetration they have across DeFi protocols or exchanges even. Do you think exchanges are going to start having liquid staking like Lido, so Lido token?Vasiliy (09:38):Yes. I know it'll happen. It's not the matter of I think, I know it'll happen. It'll be inevitable. It'll start with smaller changes that don't have capacity to develop their own stake, liquid staking and don't have the network effect to make it a good option for people to use their exchange liquid staking. And then it comes to basically everywhere, I think. There is a pretty serious trading volume on liquid staking tokens right now and it's growing bigger month by month. So eventually, it'll be stupid not to waste them.Anatoly (10:19):FP, is that what you guys are most worried about or most working on? How do you get penetration across DeFi?FP (10:26):Yeah. I think so. Something that worries me is a lot of the protocols giving out emissions and the TVL is growing and all that. But I just wonder how much of it is organic growth because Stake Pools are very different from AMMs like ORCA or trading Texas, Mango where whereby in ORCA, they make their revenues from you doing stuff, from you trading or doing stuff. But in a stake pool, you want to do nothing. I mean, what we want our users is just literally put the SOL in us and just do nothing.So it is a little bit of a different incentivization. And I wonder whether these incentives are sustainable, because look, if you're chasing the people who are farming short-term yield, these are not the people that you want in your stake pool anyway. You want people who are in it for the long haul. So I'm a little bit worried about this.Ella (11:17):Yeah. To piggyback off of that. I think something that's uniquely interesting for Stake Pools that is not true for staking to an individual validator is yes, you want them to just hold their stake tokens in your pool, but you also do want them to participate in the broader project. And what I mean by that is when you have of governance tokens, you have the ability to actually impact where the project will go. And you have the ability to be active in a way that you can't be, if you are, let's say, in CeFi buying an index fund from Vanguard. They're not going to ask you, "Hey, do you have opinions about where Vanguard should go next?" And I think similarly, if you're staking to an individual validator, like sure, they might be earning you great rewards. That's very important, obviously. But I think at some point, everybody gets to a point where they say, "Hey, more rewards would be great, but what I really want is a community."And so I think Stake Pools that lean into this idea of, hey, we're going to give you this governance token, yes, hold your tokens. Do whatever you want on DeFi. But more than that, tell us what you want to see in the community and where you want the future of this project to go. I think that's a very unique power to Stake Pools that will organically grow. We just have to figure out how to market that in a way that's appealing to people who are institutional investors, retail investors, total crypto newbies, who don't even know what a Dow is. Don't know what governance tokens are, don't know what a stake pool is. So there's a lot of work to do there, but I think we have our work cut out for us because it lends itself to this very unique dynamic between all of the stakers.Vasiliy (12:56):The way I think about that is it will be a lot more market driven than participation in governance doing. People are usually who are staking as node operator and provided most of them, don't care to make governance decisions. You can actually look at how it will works with Cosmos and other proof stake blockchains, where governance is a part of staking. And you can see that most people don't vote apart from how they validate the votes, where they do.They select basically a company that is aligned to them or maybe select the person that give them best returns. And then they don't take a look at governance usually. That's not true for all people, but that's a clear majority that delegates the governance power and it'll be pretty much the same with Stake Pools with liquid staking protocols. They won't be able to even to connect with most of the holders of the staking tokens, because they won't be like passionate enough to connect back, to understand what they want. So it'll be very indirect.There will be staking pools that gouge some of the governance decision from stakers, but not from all of it. Not even from most of them, like from 10% of them, by volume and not by number. By number, it'll be like probably not 10% like about 0.1%, but they will take much more or maybe about the same pressure from protocols that uses staking token from the stakeholders in the blockchain ecosystem that don't use a liquid staking token by important like develop teams, develop clients and researchers as an ecosystem and stuff like that. And liquid staking pool will be a nexus of governance that will try to combine all this pressure in the single direction from stakers, from protocols, from major participants in the ecosystem.Anatoly (14:58):What is governance in a liquid stake pool? What is the function of it for the community that owns the token? What should they be looking at?FP (15:08):First and foremost, the delegation strategy. I think the community needs to decide the delegation strategy. I don't think this should be left to the founders or the creators of the stake pool. It should be democratized. I think another thing is fees. So I think the community should decide the fees that a stake pool should charge. And the last thing I would say is, we would like a lot of the associated infrastructure to be run by the community as well.So for instance, the program, the upgrade authority is already given to the community. Treasury decisions are already given to the community, but there are still things like the front end or paying for a custom RPC note and things like that right now is centralized. And we would like that all to be on chain eventually. So I think that's all quite important.Vasiliy (16:02):My thought here is that the role of governance in a good liquid staking protocol is to drive itself to extinction. So it won't be easy or it won't be fast, but essentially liquid staking is walking in the outermost part of the security of the protocol. It touches the most important parts of the protocol like censorship, resistance, and decetralization and security and all of that. And if it gets a significant power in this parts and if it's not credibly neutral, it's like a great thing.It should be credibly neutral and you can't be credibly neutral for long when your governance is overpowered. It's a natural thing for all governance to take too much power and use it in not a great way. So it basically has to, in order to be accepted by stakers and ecosystem as a ligand liquid stake protocol. The ligand part of staking, it should be self-depreciating to a point that where governance power are time locked and very light and mostly algorithm driven.Anatoly (17:27):This is interesting point because I think the goal of governance of a layer one is also to obsolete itself. Is how do we build the structures? And part of the reason of building out Stake Pools was because the foundation was running its own delegation program. And it really felt like why don't we get the community to do its own delegation programs. And then how do we get zero to one thing working, how do we now go want to earn? And that's always a way to disintermediate yourself from the governance work and then eliminate it all together. I think it's interesting that like inherently there isn't a drive to eliminate it from the community. We just want to push it out of the foundation and have you guys figure out what does that fine line between automation and having everything be programmatic to on chain governance?Vasiliy (18:32):Well, not yet. It's a work in progress. We are working on maybe systemizing the ways we can... What inputs do we have, is this programmatic governance, to understand where we can get the signal from, what we can use as a strong signal. We can't get rid of the governance entirely. We can just make it in a way that... Well, like I said, the role of governance in the mistaken is to take all this input from protocols and ecosystem and stakers and the outside water is large and fabricator of consensus out of it.So part of this can be automated because we can have the signals in bits and bites and we can use algorithm to aggregate this signals into party of decision maybe. Right now, we're looking at stuff like what is objectively good characteristics of a node operator for example, for selecting node operator like up time and special risk and the reputation that is proxy by amount of stake can all the other protocols that they are staking.And this is a strong signal. We can look at like time of operation within Lido, which is roughly correlate with reputation and outside Lido as well. We can look at stake as preference and the stake token can hold the preference to understand what they want, which is also a proxy for reputation, which I don't have. The things I don't have a good solution for getting into account, what people who run protocols think and what people who are major in the ecosystem think, because it's not directly correlated to a stake in stake pool. And we don't have a good way to get these signals yet, maybe ever.Anatoly (20:29):You guys like Lido and FP have two different approaches from what I can tell in terms of building out the validator set and the delegation strategy. FP, what are your thoughts on this? What are you guys driving most as the number one factor in selecting validators?FP (20:48):So I think it's important not to have a white list of validators because I think this is exclusionary. I think it's important not to dictate what fees validators should charge, because I think fees are only important in so far as they affect performance. So in some sense, we don't want to control validators. I think we shouldn't. We shouldn't dictate how validators... That being said, of course performance over time is very important. I think if not the most important. Yeah.And the other thing I would say is, the decentralization, obviously we shouldn't be staking to nodes that are in the MSG, they have too much stake or nodes that are in one of the data centers that is in the MSG. So one of the top three data centers. But that being said, there also a middle ground. You don't want to spread your stake among, let's say, 600 validators, for example. And the reason why you don't want to do that is because then you can't make a meaningful difference in decentralization. You want of do want to reward validators that are doing well, that are also out of the security group. So yeah, I would say it's a bit of a balancing act here.Anatoly (22:13):Vasiliy, you guys have a totally different approach. I'm excited too, why did you guys come up with that system? And what is the Lido way?Vasiliy (22:19):To expand a bit on what the system is, we've got a wide list of node operator that run with Lido and charge the same commission and get the flat amount of reward. What the reason behind this, the whitelist selection is done by basically a peer review. We've got a lot of node operators, already validating Lido in different protocols in Ethereum, in Terra and now in Solana. And we have a submission process where people submit, they want to stake for Lido and we get the node operators. They took a look at them at the setup they have and historical performance in Solana and other blockchains, especially in Solana and stuff like that. And community participation and select that the next five or so participant of the whitelist when we need to expand.The why we do that because we want to have good stake distribution that will be good for Solana and that's not the best, but it's easily achievable way to do that. Because that way we can guarantee that node operator are good because they're selected by the community of node operator essentially. And we can guarantee that they have enough stake to run the operations and have enough profit that say that. So they really want to keep this good business going. That's a good business for them. That's what they want to do. They are not arranged by scrap. They are paying their DevOps engineers handsome salary and stuff like that, so that they can afford to be honest.It's not great in the sense that it's a process that allows us to select the distribution folks, but it doesn't allow people to come in fresh and grow. And that's not great. But as a temporary thing, when there is a good community of node operator that are just like not selected yet, it works, I think very well.FP (24:36):I think part of the reason why Lido does it is from what Vasiliy said, it's meant to make sure that the node operator are reliable and performant. And I would put forward that there's a very easy way to look and to see if a node operator is performing, just look at their API. So in some sense, I mean, I don't want to make any implications, but I believe this peer review process is a bit nepotistic. It's like if you're in our secret cabal and if we know you and and we like your DevOps engineers and blah, blah, blah, then will onboard you. Of course, that's not the case, but it's what it seems like.Anatoly (25:15):This is the most controversial Solana podcast we've ever had.Vasiliy (25:21):I wouldn't say that's not true. It really does not allow newcomers to come in easily because there is a community of node operator that been through thick and thin via market, like Greeks through this days, when we all worked like in the red four years, that was what happened. We used make way less money than we earned, like with P2P, which was a pretty big one even this time. Like I said, it's not great, with this process, we can't get in people who didn't build this reputation and track record and stuff.What I don't agree with you that you can easily estimate how good is node operator, but looking at their performance, that's just not true. That's not how you estimate a node operator. You don't only evaluate performance. You also evaluate tailor risks. And tailor risks, you can't evaluate by performance. You should understand that these folks have bus factor of more than one. They don't have a single guy running all this stuff because if this guy gets sick, your validators get stuck.You should understand that they will stay up at night when there is an upgrade. You should understand that if there is a via market, they will stay to the blockchains they're running and they don't all run on Hetzner. So because that's, at least used to be the easiest way to get APR is to run the same data center as everyone. That's how skip rates they used to work in Solana.There is way more nuance in selecting a good set of node operator than just looking at performance. The geographical distribution, the jurisdiction distribution, the track record, other blockchains, which runs the reputation and community participation being in discord or running projects for Solana and stuff like that. There is way more stuff about node operator that is not easy to understand from just on chain metric. On chain metric is like the 20, 30% important stuff of choosing validator, because there are a lot of validators with good on chain metrics, but there are differentiated by stuff that is not seen by most people at all.Ella (27:44):I would say if somebody is staying up all night to make sure that their validator is running and they do restarts within the first five, 10 minutes, they're going to have better rewards. So I would say, it's more than 20%. I agree that being decentralized and being in data centers that are different from other people are doing community projects is super important. But I do think that rewards are a good proxy for how active the validator is actually running their node.Vasiliy (28:13):You can say that, that's a prerequisite. If you have good bad performance, you're not a good validator. That's true. That's not what makes your excellent node operator because excellent node operators run explorers, for example. And there are certs basically, for example. You can't say that this guy has the same performance cert, so they're as good. That's not true.Ella (28:35):But I mean, I would say there are maybe like 10 community members who run dashboards and different tooling. And I think there are way more than 10 stellar validators. So sometimes it's just not within their area of expertise. They could be excellent DevOps people and run validators across many blockchains, but they're not a web developer. That's just not their skillset, but I wouldn't say that they don't contribute to the community.Vasiliy (29:01):Yeah. What I'm saying just there is much more nuance, especially when you don't have 300 places for a node operator, you don't have enough money to pay them for 300 validators and you need to select 15 or 20 or 50.Ella (29:18):Unless a hundred million SOL gets stake to Stake Pools, then you can expand that list to 3,000 validators and everyone will be profitable.Anatoly (29:26):So this is the challenges. How do we grow the validator set? And it almost in my mind is like, you need both, you need people that are driving, we need higher quality. We need due to proof points that you know how to manage keys, but we also need people that are like, okay, just on board and figure it out and try it. Yeah. This is a tough problem. And I think part of the reason of not wanting the foundation to do it and push out this technology, a stake fulls is because we don't know. You guys are both sound very much validator operator focused, but these things like, I think are some form of financial, like DeFi application too. How much of your time are you thinking about like how these things actually work in DeFi?Vasiliy (30:22):I think I'd say a lot. That's what makes or breaks the liquid staking, the whole point of liquid staking is that it's liquid and usable in finance. I actually don't think a lot about a lot of time about node operator because I used to work here. I'm working as the staking provider since like 2020, early 2020. So I'm just have strong opinions because I do it right. But I have to think a lot about DeFi because that's uncharted, it's new.FP (30:58):So yeah. I mean, I think as Toly points out, I think the validator operator stuff is important, but really it really is just a baseline. And I think what we do with it next is the thing that's more important. So the question was, how do we think about how it's composed with DeFi? It's just the beginning. So right now what are the main things that you can do with your stake pool token? So you can put it in an AMM and provide liquidity that way, you can do lending and that's about it, I think.I mean, there's lots of stuff you can do and you want to use the stake pool stake SOL in any occasion where you can use regular SOL. So whether it's just buying from a marketplace or doing some more exotic stuff, like options trading, that sort of stuff and not just putting it in liquidity pool or borrowing or lending or leverage yield farming. So yeah. I basically want to expand the ways in which stake pool tokens can be used. And I think that's going to be a big draw for people to start staking with us.Anatoly (32:18):How much work is it to get that adoption or to have a specific stake pool token used in a DeFi?FP (32:27):I think integration takes time. I mean, it really depends on the partner which you're integrating with. And I think some things just haven't been built out yet actually. So Ella and I have been talking about how we can use these stake pool tokens in the NFT marketplaces, for example. But none of this stuff has been built out. So, yeah. So we'll get that, but it's not there yet, I would say. So we have to build it.Vasiliy (32:57):There is two parts to the answer. One is how long does it take to build. The other is how long does it take to convince people to build? The first is, faster than usual for financial products in traditional finances, but still long because we know that shipping is hard and convincing is also can be pretty, pretty complicated. For example, we started the integration process on MiCA, I think in February this year. And we only now getting an executive at least take things on MiCA, I think around next week or so. That's how long it cost with MiCA. And it's very similar amounts of time with a major protocols on Ethereum that are by now pretty conservative. Solana is not conservative yet. Most of the protocols on Solana make fast and break things, move fast and break things. So I don't think it'll take like this long stake Solana tokens to be a major participant of DeFi, but it's still time.Ella (34:12):Yeah. I would say the technical integrations, they're not technically challenging, you're integrating an SPL token. So that part is pretty easy or not as challenging as you would imagine. I think in the early days, when the TVL was very small, it was maybe hard to convince platforms that they should care about this weird stake pool token thing. Now that TVL is close to $2 billion US dollars. They maybe will now take those meetings and be like, "Oh, okay. Yeah, let's integrate all the stake pool tokens."And maybe whereas before they would have some liquidity requirements say, prove that users actually want this on our platform. Why should we spend the time integrating it? I think hopefully the script will flip and they'll be like, "Hey please, can we integrate your stake pool token?" But I think it just, realistically it takes a couple of months to get at that traction. And hopefully we have some momentum now and we can push forward more of those integrations.Anatoly (35:08):Is there kind of danger of liquidity being fractured between too many pools?FP (35:14):Hey, I seem to recall asking you this exact question on discord back in September, Toly. Yeah. I wondered this myself to be honest because I think there is a happy medium. You don't want one stake pool taking all of it because there are protocol risk there as it ends points out. Yeah. And if they fail it, that's dangerous. Well, on the other hand, it's going to be really difficult to integrate a hundred different stakes pools.Although that being said, there are things we can do to mitigate it. One of which is to enforce some sort of standardization. So one good step would be, for example, to use the Solana reference recommendation instead of... Maybe it's too late now for some of the existing Stake Pools. But that being said we were talking about adapters. I don't know if you recall some sort of adapter, some sort of layer that makes sure that the Stake Pools can all interoperate with one another. I think that would be really good.Vasiliy (36:14):I think it's inevitable that a single representation of staked Solana to be the major player here. So that's basically Lido thesis and I'm seeing it play out in the Ethereum and in the LUNA and in the entire ecosystem. So I think it's going to happen. It doesn't necessarily mean that it'll be one stake pool, but the alternative here is just another layer of aggregation. One thing for example, was proposed by Michael from Curve where like basically a stable pool of multiple liquid staking tokens was used and LP token from this pool was proposed as a basically unit of account. I'm not sure that it will happen, but I am pretty sure that there will be one aggregate stake Solana token, that will take the majority of the market.Anatoly (37:20):I actually think that these things are far more fluid because it's all people based at the end of the day. And people will do promotions and get communities together and have fun or get excited about a thing that some innovation and you will see liquidity move from one thing to the other simply because it's exciting. And it feels like it's just a little too static for there to be only one token. This is not how normally people operate, but we'll see.Yeah. It's at any given moment one winning token maybe is a better way to put it. So it doesn't mean there will be one token for eternity, but at any given moment, there will be a clear winner except maybe the moments of flipping that's how I see it.FP (38:14):So I worry a little bit about that actually. I worry because we talk about increasing decentralization. And that was the reason why Stake Pools were created in the first place. And it's true that if you have one stake pool controlling all the stake, that solves a particular kind of centralization, Nakamoto coefficient. But then it introduces a new kind of centralization. And maybe there are risks that can be mitigated that way, but still this worries me a little bit. So I'd rather have an ecosystem with a good number of different Stake Pools.Ella (38:51):That's where the education piece comes in. You got to let your delegators know the importance of censorship resistance and decentralization so if there is a sexy new aggregated stake pool token, they don't just gravitate towards it because it looks good without thinking about the consequences of that.Anatoly (39:09):But the yields are so high.Vasiliy (39:15):I don't like the dynamic at all, that there will be one lean stake token, but I think it's inevitable. And what we can do is not oppose it, but we can build protocols that will be a net good for the system anyway, even if this happens, hence the self depreciate of governance and in liquid stake and stuff like that, that's all flowing from there.Ella (39:40):I wouldn't say I'm oppose to it, I think in an instance where you have 10 really small stake pool operators, let's say universities decide, hey, we want to run the Yale stake pool and the UDab stake pool. And they have very fragmented liquidity. I think it makes total sense for there to be an aggregated university stake pool token, support university students help them get their pizza and ramen. Great. That's a fun way to do it. But that's a very specific use case where you're trying to make sure liquidity isn't fragmented.But I think every stake pool today has more than 600,000 sold deposited into it Solana. So I wouldn't say that's a huge fragmentation. It seems like people have chosen the pool that they like and they're happy with the performance, with the project. And that's the one that they picked. And so I don't know that they would be attracted to something that tries to average everything out and is just a generic token, but I could be wrong.Vasiliy (40:38):Yeah. It's so very interesting to see the play out.Anatoly (40:40):So are you guys worried about if these are used collateral, like liquidations rapidly moving stake from the lenders to the people collecting to the traders, is that going to change the dynamic of the makeup of who controls the network over the long-term?Vasiliy (41:05):Not reallY. How I've seen it work by, in liquidation that happened in Terra and similar ones that there were not exactly strictly liquidation, but more of fire sale events in Ethereum when the price of weather went down and people were going out of stake teeth as well. The dynamics here is that people who have low time preference are selling at low prices and people who have higher time preference, they are buying. So then they went of the liquidation, the price goes down and people with more foresight and more patience are getting the discounted stake token. So if anything, that looks like stake token getting in the hands that smarter and are in for a longer game, usually. So not always the case, but very much looks like this.FP (42:05):I don't know. I mean, that being said, when you have all these incentive programs and emissions coming out. That doesn't that see to incentivize people who jump around pools, trying to find the best ones. And they're getting rewarded by lots of governance tokens at the end of the day. So what do we think about that?Vasiliy (42:25):I don't think that it's something to really think about, I don't know. Jumping around and getting this governance tokens and it is a natural way to get some money for people who like money. I don't know. That's not a bad thing. If you like some juicer smart contract risks and rockeries in your life, that's a very exciting way to spend time.Anatoly (42:55):Yeah. There is I think a danger, but I don't know how big it is in that normally for like a validator to receive more stake, the best they can really do is offer 0% commission and then they can start bribing people. And it's hard to bribe people, but with liquid staking, it's a lot easier. You can just simply say, when you stake with this pool, you get so many more rewards than you do anywhere else, because you can min this new reward token. And is that a dangerous, scary thing that could result with a third or more of the stake, all moving towards this hot, shiny thing? I don't know.This is the part of where I think it's very critical for DeFi to mature and to have real analysts and people analyzing these things and looking deep and giving a ton of pushback on things that look a little fishy. It naturally happens, but only happens on crypto Twitter and still so much stuff sneaks through.Anatoly (44:06):So we'll see what happens, but thank you guys for joining. Super excited to have this actually being live now and making so much headway and growing so rapidly. Honestly, if we actually get to a point where DeFi is incentivizing censorship resistance, we're kind of done. We built it. We can actually take a break. So I'm looking forward to that.FP (44:41):Is that the biggest concern for you as a creator of the layer one, the increasing this decentralization, would you say that's the biggest concern?Anatoly (44:49):Yeah. This is the thing that I'm most worried about, because I think to do it in a sustainable way, it means that you need to have a use case which benefits from decentralization. You need to have external users that have a benefit that exceeds the cost of running the network. It can't just be self-sustaining tokens moving around. So to truly succeed there means that, we build something useful to the world. And that's the ultimate goal.What else are you an engineer if not to build something useful? If that's what you care about, then you should be an artist and that's a totally different thing. Yeah. Awesome to chat with you guys. Thank you for being on the show and thank you for all the hard work everyone is doing, Ella, Vasiliy, FP. Just thank you guys.FP (45:48):Thank you so much for having us today.Vasiliy (45:49):Thank you.Ella (45:49):Thank you.

DIVI Crypto podcast presents Block Bank's COO, Darren Franceschini. Block Bank is a one-stop solution that combines the power of decentralized and centralized technology in a simple and secure Mobile & Web application. BlockBank is powered by our platform's utility token called BBANK. Users are able to gain access to our credit card rewards program, use our advanced AI assistant, increase their APY % and earn interest on their tokens by staking BBANK in their non-custodial BlockBank cryptocurrency wallet. We aim to combine the best of DeFi and CeFi worlds in one place, and incorporate AI technology to assist users in decision-making. Initially, Block Bank's AI will be informational. As Block Bank moves forward, it will be more actionable. The goal will be based on experience in the industry, their risk profile, and what they're willing to do. It gives them a full experience: a capacity to understand their overall expenses, what they can afford to invest, when they need to pull out, etc. This will not only focus on the crypto, but a user's overall portfolio. In addition to bitcoin, Block Bank aims to work with a multitude of crypto currency. Block Bank will have a centralized custodial wallet, and a non-custodial web 3 wallet. Custody is fully insured, with purchase and exit via fiat. While there are multiple bank-ends for the respective legal regulations, for the user, it is essentially all one application. The custodial wallet will be used for staking, trading through APIs into CEXes, Insuring assets, Borrowing, Fiat on and off ramp, Off chain / on chain solution, Complete KYC verification. DeFi will serve a host of functions such as: Multi asset chain support (ERC,BSC, HECO, etc), Gift Card purchases. BBANK token is BlockBank's native. BBANK is developed on the ETH blockchain and follows the ERC20token standard, as well as BEP-20. BBANK is used to access Block Bank services, boost user APY, and earn interest on their tokens. By using BBANK tokens, users gain access to premium features, higher APYs and in-app offers. The BBANK tokens are listed on UniSwap, PancakeSwap, 1Inch, Gate.io, with more being added all the time. Block Bank will allow users to have access to their assets via Prepaid Debit card, with the initially launching of the card being in Europe, with more jurisdictions to follow, based on regulations. There will be five tiers for staking, from 1 to +500,000 BBank, with APY from 2% to 20% APY. You can find more information at https://blockbank.ai/ -- Divi is creating the world's first closed-loop, vertically-integrated cryptocurrency ecosystem. Much like Apple's ecosystem is anchored by iCloud, the Divi Project blockchain serves as the core of the Divi network of technologies. Thanks to a keen understanding of the divide that separates the mainstream from the crypto world, the Divi team is able to create solutions to the industry's biggest problem: adoption by non-technical users. Divi's user-friendly, one-click solutions aim to bring blockchain-based payments into modernity with great UX. In this podcast, we will cover all aspects of cryptocurrency, hot topics, and technology as worldwide adoption grows.

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. --- Support this podcast: https://anchor.fm/missiondefi/support

DeFi Slate dHEDGE Pool Is Live: Participate in the crypto revolution with DeFi Slate by your side!Spotify | YouTube | iTunes | R.S.S. FeedDeFi Slate Fam:The #Rush is here. Avalanche is the Layer 1 blockchain competing alongside Ethereum for liquidity in DeFi.With billions of dollars in TVL, Avalanche is one of the most trusted sources for consistent DeFi transactions. Jay Kurahashi-Sofue, co-founder of Avalanche, unpacks his multichain thesis for why Avalanche is poised for long-term success. Despite all the recent interest around Avalanche protocols, the RUSH is only getting started.Avalanche Rush is a $180 million incentive program fueling top DeFi projects (Curve, AAVE, etc) to launch liquidity solutions on the Avalanche Network.Cross the bridge today -- Avalanche Rush will continue to roll out over the next several monthsEnjoy!-Rob🙌 Sponsor Spotlight: Deposit, Borrow, & Leverage Your Assets with Aave To Become A DeFi Power User!🎙DeFi By Design EP #48: DeFi for Everyone w Avalanche Rush🙌 Together with: Degate,a Decentralized Layer 2 Exchange based on optimistic rollups. DeGate will offer secure order-book trading that is faster and cheaper than mainnet. Degate also offers a fast and efficient L1 - L2 Bridge, testnet is operating now. Try it HERE!🔥 Partner Project UpdatesBabylon Finance is an ecosystem of community-built DeFi strategies. Non-custodial, completely trustless and transparent asset management with traceable performance history.Ruler Protocol is a market driven lending platform that provides non-liquidatable loans. As an undiscovered protocol, most APYs are quite high (so is risk!!). Check it out here!Hermez Network is an open-source ZK-Rollup optimised for secure, low-cost and usable token transfers on the wings of Ethereum. Check it out here!The new addictive way to save. Our savings pools reward regular savers with higher interest rates. Start building the financial habits you deserve. Check it out here!⚠️ DISCLAIMER: Investing into cryptocurrency and DeFi platforms comes with inherent risk including technical risk, human error, platform failure and more. At certain points throughout this post, we might get commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.Liked this post? Share with a friend :)🚀 Join Our Inner Circle And Become A Certified DeFi Degen!🚨 Want to learn DeFi from Silicon Valley Investors & Entrepreneurs? Check out the DeFi Masterclass Here!🌐Check Us Out On Twitter!🚀Join the community on Telegram Channel to get our free V.1. yield farming guide!🎤Subscribe to our YouTube channel!🖼 Interested in NFTs? Check out our new project NFT Slate!Last week in review:🎙DeFi By Design EP #47: Earn Interest On Your Bitcoin w BadgerFantom Bridge Tutorial & Yield Farming Guide (500%+ APYs)Tap in Tuesday: Babylon AMACheck out some previous interviews:DeFi Slate x Nate Hindman: AMMs & Bancor V2DeFi Slate x TheEther: A social governance experience for EthereumDeFi Slate x Jeff Jihoz: Web 3.0 Gaming Axie InfinityDeFi Slate x Nick Fett: Oracles, Tellor, and the future of DeFiRecent tweets: Get on the email list at defislate.substack.com

DeFi Slate dHEDGE Pool Is Live: Participate in the crypto revolution with DeFi Slate by your side!DeFi Slate Fam:Good morning Degens!!It’s a rockstar week in DeFi as several chains surge in activity. Incentive programs across the multichain are motivating users to cross bridges and try out new farms.While innovation in DeFi pushes new heights, lets not forget what started it all…Bitcoin is the core of our industry and its resilience keeps the crypto world spinning.Badger Finance is led by a tenacious community of honey badgers striving towards composability between Bitcoin and the multichain.Today our guest on DeFi by Design is Chris Spadafora from Badger Finance. Chris leads the Honey Badgers on their journey to turn BTC into a productive asset.Enjoy!-Rob🙌 Sponsor Spotlight: Deposit, Borrow, & Leverage Your Assets with Aave To Become A DeFi Power User!🎙DeFi By Design EP #47: Earn Interest On Your Bitcoin w Badger🙌 Together with: Degate,a Decentralized Layer 2 Exchange based on optimistic rollups. DeGate will offer secure order-book trading that is faster and cheaper than mainnet. Degate also offers a fast and efficient L1 - L2 Bridge, testnet is operating now. Try it HERE!🔥 Partner Project UpdatesBabylon Finance is an ecosystem of community-built DeFi strategies. Non-custodial, completely trustless and transparent asset management with traceable performance history.Ruler Protocol is a market driven lending platform that provides non-liquidatable loans. As an undiscovered protocol, most APYs are quite high (so is risk!!). Check it out here!Hermez Network is an open-source ZK-Rollup optimised for secure, low-cost and usable token transfers on the wings of Ethereum. Check it out here!The new addictive way to save. Our savings pools reward regular savers with higher interest rates. Start building the financial habits you deserve. Check it out here!⚠️ DISCLAIMER: Investing into cryptocurrency and DeFi platforms comes with inherent risk including technical risk, human error, platform failure and more. At certain points throughout this post, we might get commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.Liked this post? Share with a friend :)🚀 Join Our Inner Circle And Become A Certified DeFi Degen!🚨 Want to learn DeFi from Silicon Valley Investors & Entrepreneurs? Check out the DeFi Masterclass Here!🌐Check Us Out On Twitter!🚀Join the community on Telegram Channel to get our free V.1. yield farming guide!🎤Subscribe to our YouTube channel!🖼 Interested in NFTs? Check out our new project NFT Slate!Last week in review:Finding Early Stage Price Discovery Opportunities w/ PrePOTap in Tuesday: ZK-Rollup Layer 2 Hermez AMADeFi Summer 2.0: Avalanche Rush Liquidity Mining on BENQICheck out some previous interviews:DeFi Slate x Nate Hindman: AMMs & Bancor V2DeFi Slate x TheEther: A social governance experience for EthereumDeFi Slate x Jeff Jihoz: Web 3.0 Gaming Axie InfinityDeFi Slate x Nick Fett: Oracles, Tellor, and the future of DeFiRecent tweets: Get on the email list at defislate.substack.com

LinksSam TwitterWebShow PartnerThis episode is presented by FTX. Trade on an awesome mobile interface fee-free, and still get all the great portfolio tracking features you know and love: https://uponly.tv/ftxShow NotesSam Trabs Intro– Sam Trabs is now co-CEO of Alameda Research    – promoted from “trader” lol– Last time Trabs was on Bitcoin had just dropped to 30k– Thought it was “predictable” and then buying the bottom was also an easy trade– Right now there's a “temporary round number effect” – people will sell at resistance for big round numbers– Seeing it now with 50k– “NOT LONG TERM RESISTANCE” – Trabs– Trabs: “We've done quite well at getting long at the bottom and not selling it at all”New Highs?– Trabs: “If there continues to be good news I could see it continuing to go up”– Rally to 65k was very liquidation based – very likely to get undone– Same the other way [on the way down to 30k]Positioning In Uncertainty– The 10 strongest trades make up all the real P&L– Doesn't really waste brain power on focusing on smaller, lower conviction trades– Most days don't put on big tradesNew Ecosystem Plays– Very quantitative– Less thesis driven investing, more soaking up APYs with new DeFi playsAnalysis for Wrong Trades– Cobie: “How do you do postmortems when things go wrong?”WiFi cutting out, robot overloadLedger: “I think Sam has an alpha overload filter that makes the WiFi cut out if he drops too much knowledge”Poor Employee Performance– If someone has a few bad days, talk to them about their thought process– Cobie: “Imagine you're at Alameda, you've had a few bad days and a meeting just pops up 9am meeting with the Sams” lol absolute NIGHTMARE fuelNFT Trading– Trabs: “I feel remarkably ill equipped to be handling this NFT craze”– You can use data to learn about trades… you can't really with NFTs– Trabs: “There are elements that remind me of DOGE in January”– Trabs: “Its fairly plausible that its correct to buy most of these things – there is just so much upside”– The rocks really got in Sams head– Cobie: “Alameda is coping just like me”– Trabs: “It is +EV to participate in these because the upside is so high”– Ledger: “Have you seen the scissors? (in relation to rock, paper scissors NFTs) they are only like 3 ETH, a bargain”– Cobie: “A bargain relative to rocks? because compared to anything else in life its absolutely ridiculous” lolOptions– Trabs: “People really overstate the importance of options in crypto”– In tradfi, options can influence prices– In crypto, really doesn't happenAlameda– 2019 was a difficult time– It has since gotten very easy to hire– Now team is about 30 guys– Sam can now focus on game theory trading and shitposting on Twitterco-CEOs– Cobie: “If you and the other co-CEO took a standardized IQ test, who would win?”– Trabs: “I took a MENSA test once… it was very easy. She's better at trivia than I am though”– For operations, you want to pick one thesis to go with and stick with it– Trabs: “If someone feels very strongly about something, we tend to just let them do it”– Trabs: “If we were ever at a true stalemate we'd honestly probably flip a coin”Alameda Jobs– Trabs: “We are always hiring”– Cobie: “What about internships?”– Trabs: “Hiring interns is our most +EV play we do”    – jk not a real quote but we can dream– Trabs: “First couple months people take away value, then eventually start to add value”– Ledger: “In regards to pay, how do you incentivize people to stick around?”– Mostly copy traditional institutions, based on P&LPotential Future Scenarios– Trabs thinks either new highs or crab– Cobie: “Do you think that Bitcoin dominance can run again?”– Trabs: “I have an unsatisfying answer that both are plausible”– Thinks Bitcoin dominance will remain, but could happen like 5x or more from here– Taxes may cause a liquidity crunch on NFTs by year end, but also maybe notEthereum Dominance– Is EIP-1559 priced in efficiently?– Trabs: “I don't think the crypto market does anything especially efficiently”– ETH rallied in a very inefficient way once burns startedOvercoming Decision Paralysis– How to make a decision with 10 scenarios that are plausible?– Trabs: “If I believe I have a good framework, I can picture the expected value of each scenario by weighing probability distributions and bet on that”– If we nuke and you incorrectly buy all the way down, how do you unwind?– Trabs: “I believe the term is, ‘slurp the diperino'” TRABS!– Basically will cut the sunk cost and see how to extract value moving forward– Trabs: “We are looking for coin flips that are 53/47 and you lose 47% of the time”When Trabs gets tilted he just goes and buys things, bought a watch once and literally was in a fugue state and doesn't remember itLeverage– Mostly tries to stay unlevered– Trabs: “We aren't risking every dollar we have… it'd be kind of a challenge to anyway” lmaooo good flex sir– Tries to keep maximum bullets available for days that are extremeHypothetical Bear Market– DeFi bear market?– Trabs: “A lot of the DeFi tech that has popped up is super exciting and there's no reason to think it won't continue to grow as a global force”– Trabs: “We will never see the prices of March 2020 ever again”Trabs Without Crypto– Cobie: “So say it all goes to 0 what do you do with your life”– Trabs: “I like to play interesting games. I think the crypto markets is the most interesting game I've ever found”– Cobie: “Alright no money making allowed, what do you do”– Trabs: “Probably play like Magic The Gathering”Q&AChance of Bitcoin to 100k by EOY?– 10%How can we make it?– Identify what you're good at figuring out what to buy– Bet on the macro-longer term stuffDo you have anon account?– NoCMS thinks he is CMS dog– Cobie thinks I am CMS dog… in classic Trabs fashion I can neither confirm nor deny– but no I'm not CMS dog unfortTrabs: “Dan from CMS should write the crypto history book”FINAL ALPHA– Trabs: “Everyone has some things they're good at and things they aren't good at. Find the things that you are good at and absolutely go nuts at them”– Trabs: “Identify your edge and try to blow your edge up. Bet as big as possible there”Gigabrain pod ty TrabsNotes by KevinMusic by GiovanniPickle

DeFi Slate dHEDGE Pool Is Live - invest in crypto with DeFi Slate Team by your side!Spotify | YouTube | iTunes | R.S.S. FeedDeFi Slate Fam:Multi-chain Season is rockin n rollin. The institutional wave of liquidity is pushing DeFi to new levels.In this one we catch up with Will Harborne, from one of the OG Layer 2 DEX’s, DeversiFi.  DeversiFi brings a system of DEX contracts on a robust Layer 2 network. Check out updates on DAO governance and instant instant polygon transfers below:Enjoy!-Rob🙌 Sponsor Spotlight: Deposit, Borrow, & Leverage Your Assets with Aave To Become A DeFi Power User!🎙DeFi By Design EP #46: Rolling Out Layer 2 with Deversifi🙌 Together with: Polygon, the leading layer two ecosystem in DeFi pushing forward scaling Ethereum and DeFi! Join their Official Telegram channel to keep track of newly launched projects on Polygon.Degate,a Decentralized Layer 2 Exchange based on optimistic rollups. DeGate will offer secure order-book trading that is faster and cheaper than mainnet. Degate also offers a fast and efficient L1 - L2 Bridge, testnet is operating now. Try it HERE!👀 WHAT’S HAPPENING IN LAYER 2👀Recently added to the Polygon Network is dHEDGE v2& they have upped their game with a brand new trading competition for all Polygon pool managers! Check it out below!🔥 Partner Project UpdatesBabylon Finance is an ecosystem of community-built DeFi strategies. Non-custodial, completely trustless and transparent asset management with traceable performance history.Ruler Protocol is a market driven lending platform that provides non-liquidatable loans. As an undiscovered protocol, most APYs are quite high (so is risk!!). Check it out here!Hermez Network is an open-source ZK-Rollup optimised for secure, low-cost and usable token transfers on the wings of Ethereum. Check it out here!⚠️ DISCLAIMER: Investing into cryptocurrency and DeFi platforms comes with inherent risk including technical risk, human error, platform failure and more. At certain points throughout this post, we might get commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.Liked this post? Share with a friend :)🚀 Join Our Inner Circle And Become A Certified DeFi Degen!🚨 Want to learn DeFi from Silicon Valley Investors & Entrepreneurs? Check out the DeFi Masterclass Here!🌐Check Us Out On Twitter!🚀Join the community on Telegram Channel to get our free V.1. yield farming guide!🎤Subscribe to our YouTube channel!🖼 Interested in NFTs? Check out our new project NFT Slate!Last week in review:Understanding DeFi Metrics w/ DeFi Llama🎙DeFi By Design EP #45: Paving the New World Way With DeFi MasterclassBoosting Savings with C.R.E.A.M. FinanceCheck out some previous interviews:DeFi Slate x Nate Hindman: AMMs & Bancor V2DeFi Slate x TheEther: A social governance experience for EthereumDeFi Slate x Jeff Jihoz: Web 3.0 Gaming Axie InfinityDeFi Slate x Nick Fett: Oracles, Tellor, and the future of DeFiRecent tweets: Get on the email list at defislate.substack.com

DeFi Slate dHEDGE Pool Is Live - invest in crypto with DeFi Slate Team by your side!Spotify | YouTube | iTunes | R.S.S. FeedDeFi Slate Fam:The world is waking up to DeFi. Recent news in the political sphere has elevated cryptocurrencies to a new, more significant, place in the minds of everyday folks. Crypto is now gaining the attention of legislators, for better or worse. There has never been a more opportune time for education. Our mantra across the ecosystem is Collaboration over Competition; through this mentality we bring the whole movement forward.Anand and Kedric at DeFi Masterclass bring a traditional perspective to modern developments in the crypto world. Anyone looking to demystify DeFi at the fundamental level is a natural fit for the Masterclass. Check out the full conversation below:Enjoy!-RobP.S. Anand and Kedric have been working hard on their DeFi Masterclass, aiming to bring DeFi to as many people as possibe. If you’re new around here, join the next Masterclass Cohort TODAY!🙌 Sponsor Spotlight: Deposit, Borrow, & Leverage Your Assets with Aave To Become A DeFi Power User!🎙DeFi By Design EP #45: Paving the way with DeFi Masterclass🙌 Together with: Polygon, the leading layer two ecosystem in DeFi pushing forward scaling Ethereum and DeFi! Join their Official Telegram channel to keep track of newly launched projects on Polygon.Degate,a Decentralized Layer 2 Exchange based on optimistic rollups. DeGate will offer secure order-book trading that is faster and cheaper than mainnet. Degate also offers a fast and efficient L1 - L2 Bridge, testnet is operating now. Try it HERE!👀 WHAT’S HAPPENING IN LAYER 2👀Recently added to the Polygon Network is dHEDGE v2 & they have upped their game with a brand new trading competition for all Polygon pool managers! Check it out below!🔥 Partner Project UpdatesBabylon Finance is an ecosystem of community-built DeFi strategies. Non-custodial, completely trustless and transparent asset management with traceable performance history.Ruler Protocol is a market driven lending platform that provides non-liquidatable loans. As an undiscovered protocol, most APYs are quite high (so is risk!!). Check it out here!Hermez Network is an open-source ZK-Rollup optimised for secure, low-cost and usable token transfers on the wings of Ethereum. Check it out here!⚠️ DISCLAIMER: Investing into cryptocurrency and DeFi platforms comes with inherent risk including technical risk, human error, platform failure and more. At certain points throughout this post, we might get commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.Liked this post? Share with a friend :)🚀 Join Our Inner Circle And Become A Certified DeFi Degen!🚨 Want to learn DeFi from Silicon Valley Investors & Entrepreneurs? Check out the DeFi Masterclass Here!🌐Check Us Out On Twitter!🚀Join the community on Telegram Channel to get our free V.1. yield farming guide!🎤Subscribe to our YouTube channel!🖼 Interested in NFTs? Check out our new project NFT Slate!Last week in review:Generating Value in DeFi w bloxRoute Part 2🎙DeFi By Design EP #44: Exploring the Metaverse with Charged ParticlesTap in Tuesday: Interconnected Blockchains w/ KomodoCheck out some previous interviews:DeFi Slate x Nate Hindman: AMMs & Bancor V2DeFi Slate x TheEther: A social governance experience for EthereumDeFi Slate x Jeff Jihoz: Web 3.0 Gaming Axie InfinityDeFi Slate x Nick Fett: Oracles, Tellor, and the future of DeFiRecent tweets: Get on the email list at defislate.substack.com

With BTC stabilizing around $56K and a look at why the U.S. should stop dragging its feet on bitcoin ETFs, CoinDesk’s Market Daily is back with the latest news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by hellointerpop.io, bybit.com and unfederalreserve.Today's stories:Rally in Transportation Stocks Nears 122-Year-Old Record StreakCoinbase Debuts 'Buy With PayPal' (but Read the Fine Print)Team Behind Argo Blockchain Launches London-Listed DeFi FundNYSE-Owner ICE Sold Coinbase Stake for $1.2 BillionThe Node: Bring on the Bitcoin ETFs-Introducing Bybit's newly launched BTCUSD Futures Contracts! Be part of our mega $250,000 Futures giveaway where the more you trade, the more rewards you'll get. Campaign ends on April 13. Start trading now by visiting Bybit.com.InterPop is redefining the future of NFTs and fandom. Learn more at interpop.io. "The first milestone on our product roadmap, Reserve Lending, has arrived! Join us in creating a B2B cash management marketplace, where thousands of lenders are looking to unFederalReserve to lower costs of capital for everyone. Head to our harbor -- unfederalreserve.com -- for industry leading APYs on your crypto holdings."

With BTC struggling near $53K and a deep dive into Binance’s tokenization of popular tech stocks, CoinDesk’s Market Daily is back with the latest news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by hellointerpop.io, bybit.com and unfederalreserve.Today's stories:US Will Not Race China to Develop CBDC Says Fed Chairman PowellPaxos Raises $300M, Joins Crypto Unicorn Club at $2.4B ValuationFed Chairman Powell Says Dogecoin Symbolizes ‘Frothy’ Stock MarketBinance `Stock Tokens' Like-Introducing Bybit's newly launched BTCUSD Futures Contracts! Be part of our mega $250,000 Futures giveaway where the more you trade, the more rewards you'll get. Campaign ends on April 13. Start trading now by visiting Bybit.com.InterPop is redefining the future of NFTs and fandom. Learn more at interpop.io. "The first milestone on our product roadmap, Reserve Lending, has arrived! Join us in creating a B2B cash management marketplace, where thousands of lenders are looking to unFederalReserve to lower costs of capital for everyone. Head to our harbor -- unfederalreserve.com -- for industry leading APYs on your crypto holdings."

With BTC below $55K again and a look at soaring dogecoin miner revenue, CoinDesk’s Market Daily is back with the latest news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by hellointerpop.io, bybit.com and unfederalreserve.Today's stories:Fed to Stay Patient as U.S. Outlook ImprovesBiden to Propose $1.8 Trillion Plan Aimed at Families and Tax Hikes for Wealthiest AmericansApple to post $76bn quarterly revenue with across-board growthSpotify Adds Subscribers as Covid-19 Boosts At-Home StreamingTurkish Government Plans Central Custodian Bank to Manage Crypto Risk: ReportSquare Adds Bitcoin Policy Lead From US Chamber of CommerceAsian Video Game Publisher Nexon Buys $100M in BitcoinCoinbase Pro Delays Rollout of Tether Trading Citing API IssuesDogecoin Spikes on Elon Musk’s SNL TweetDBS, JPMorgan and Temasek to Create Blockchain-Based Payments Joint VentureOpinion: Bitcoin Is Real, Fictional Money-Introducing Bybit's newly launched BTCUSD Futures Contracts! Be part of our mega $250,000 Futures giveaway where the more you trade, the more rewards you'll get. Campaign ends on April 13. Start trading now by visiting Bybit.com.InterPop is redefining the future of NFTs and fandom. Learn more at interpop.io. "The first milestone on our product roadmap, Reserve Lending, has arrived! Join us in creating a B2B cash management marketplace, where thousands of lenders are looking to unFederalReserve to lower costs of capital for everyone. Head to our harbor -- unfederalreserve.com -- for industry leading APYs on your crypto holdings."

With a look at bitcoin’s climbing price and declining momentum plus a warning to companies that are still figuring out their blockchain strategies, CoinDesk’s Market Daily is back with the latest news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by hellointerpop.io, bybit.com and unfederalreserve.Today's stories:HSBC to Cut Office Space by 20% in 2021, as they cut Business TravelMusk Says Tesla Sold Bitcoin to Prove Liquidity as Cash AlternativeApple's Privacy Changes Are Poised to Boost Its Ad ProductsIran Central Bank to Allow Money Changers and local Banks to Pay for Imports Using Mined Crypto Five More Italian Teams Launch NFTs on Digital Soccer Collectibles Platform Sorare Taxing Crypto Trading Gains ‘Inevitable,’ Says South Korea Finance Minister: ReportBinance to Launch NFT Marketplace in JuneMastercard Revealed as Partner on Gemini Crypto Credit CardPaul Brody: Time Is Running Out to Win the Blockchain Race -Introducing Bybit's newly launched BTCUSD Futures Contracts! Be part of our mega $250,000 Futures giveaway where the more you trade, the more rewards you'll get. Campaign ends on April 13. Start trading now by visiting Bybit.com.InterPop is redefining the future of NFTs and fandom. Learn more at interpop.io. "The first milestone on our product roadmap, Reserve Lending, has arrived! Join us in creating a B2B cash management marketplace, where thousands of lenders are looking to unFederalReserve to lower costs of capital for everyone. Head to our harbor -- unfederalreserve.com -- for industry leading APYs on your crypto holdings."

With BTC back above $50K and a look at what 'Web 3.0' has in store for the sharing economy, CoinDesk’s Market Daily is back with the latest news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by hellointerpop.io, bybit.com and unfederalreserve.Today's stories:Fed to Taper Bond Buying in Fourth Quarter, Economists SayApple Boosts U.S. Investment 20% Over Five Years to $430 BillionWhat Wall Street Is Telling Us About the U.S. Economic OutlookEuropean Union will let vaccinated Americans visit this summer Insurance Alternative Nexus Mutual Follows DeFi Activity to Polkadot, Cosmos, Binance Smart ChainMicrosoft, Apple and Microstrategy to be Listed on Binance as Tokenized StocksPancakeSwap, Uniswap, SushiSwap and More: What to Consider When Parking Crypto in a DeFi ExchangeFormer Bithumb Korea Chairman Handed Over to ProsecutorsTether Passes $50B Market CapJPMorgan to Let Clients Invest in Bitcoin Fund for First Time: SourcesPaul Brody: Web 3.0 Is Coming for the Sharing Economy-Introducing Bybit's newly launched BTCUSD Futures Contracts! Be part of our mega $250,000 Futures giveaway where the more you trade, the more rewards you'll get. Campaign ends on April 13. Start trading now by visiting Bybit.com.InterPop is redefining the future of NFTs and fandom. Learn more at interpop.io. "The first milestone on our product roadmap, Reserve Lending, has arrived! Join us in creating a B2B cash management marketplace, where thousands of lenders are looking to unFederalReserve to lower costs of capital for everyone. Head to our harbor -- unfederalreserve.com -- for industry leading APYs on your crypto holdings."

With BTC breaking below $50K and a look at Wyoming's newly passed DAO law, CoinDesk’s Market Daily is back with the latest news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by hellointerpop.io, bybit.com and unfederalreserve.Today's stories:Global Economy Sees Pickup as Services Revive and Factories BoomSpaceX Launches Crewed Rocket Into Space in Latest NASA MissionBitcoin Price Decline Deepens, Heads for Worst Week Since FebruaryJackson, Tennessee, in ‘Prime Position’ to Be a Bitcoin Leader, Says MayorNewly Public Coinbase Lists Tether’s Controversial USDT for Pro Traders Schwab Waiting for Regulatory Clarity Before Deciding on Crypto Services: ReportTurkish Police Detain 62 People in Thodex Probe, State News Agency Says: ReportBitcoin’s Drop From Biden’s Proposed Tax Hikes Not Likely to Last, BCB CEO SaysBitcoin’s QUOTE ‘Kimchi Premium’ Evaporates as Crackdown, Price Sell-Off Cool Retail FervorState Lawmaker Explains Wyoming's Newly Passed DAO LLC Law -Introducing Bybit's newly launched BTCUSD Futures Contracts! Be part of our mega $250,000 Futures giveaway where the more you trade, the more rewards you'll get. Campaign ends on April 13. Start trading now by visiting Bybit.com.InterPop is redefining the future of NFTs and fandom. Learn more at interpop.io. "The first milestone on our product roadmap, Reserve Lending, has arrived! Join us in creating a B2B cash management marketplace, where thousands of lenders are looking to unFederalReserve to lower costs of capital for everyone. Head to our harbor -- unfederalreserve.com -- for industry leading APYs on your crypto holdings."

With ether reaching record highs and a look at how luxury brands should be using blockchain, CoinDesk’s Market Daily is back with the latest news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by hellointerpop.io, bybit.com and unfederalreserve.Today's stories:ECB Keeps Stimulus Settings in Place to Await Economic ReboundUnemployment Claims Likely Held Near Covid-19 Pandemic LowCredit Suisse to raise $1.9bn of capital as it reels from Archegos lossesSwiss financial regulator opens an investigation into the bank’s $4.7bn trading loss (FT) Australia Cancels China Infrastructure Deal, Citing National Interest US pledges to halve its emissions by 2030 in renewed climate fightBinance’s Tesla Stock Token May Have Raised Regulatory Red FlagsMaker Price Passes $4,000 for First Time, as MakerDAO Brings Real Estate to DeFiUK Bank NatWest Will Refuse Business Customers Who Deal in Crypto: ReportBitMEX to Offer Custody, Spot Trading to Expand Beyond Crypto DerivativesGrayscale Added Nearly $1B in Crypto in 24 HoursArk Investment Management Increases Coinbase Holdings to 1.5M Shares while reducing exposure to Graphics card maker NVidiaBinance’s Tesla, Coinbase Stock Tokens are also Under Scrutiny From UK Regulators: ReportRipple’s Chris Larsen Says Bitcoin Should Move Away From Proof-of-WorkThe Node: Crypto Is a Luxury, Gucci Just Hasn't Realized It-Introducing Bybit's newly launched BTCUSD Futures Contracts! Be part of our mega $250,000 Futures giveaway where the more you trade, the more rewards you'll get. Campaign ends on April 13. Start trading now by visiting Bybit.com.InterPop is redefining the future of NFTs and fandom. Learn more at interpop.io. "The first milestone on our product roadmap, Reserve Lending, has arrived! Join us in creating a B2B cash management marketplace, where thousands of lenders are looking to unFederalReserve to lower costs of capital for everyone. Head to our harbor -- unfederalreserve.com -- for industry leading APYs on your crypto holdings."

With a look at BTC's consolidation phase, traditional markets and a different perspective on dogecoin, CoinDesk’s Market Daily is back with the latest news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by hellointerpop.io, bybit.com and unfederalreserve.Today's stories:JPMorgan Warns of Bitcoin Weakness as Futures Get Liquidated (Bloomberg)South Korea Kicks Off New Crackdown on Illicit Crypto ActivitiesMike Novogratz’s Galaxy Digital Said to Be in Talks to Buy Crypto Custodian BitGo Ark Investment Management Ups Holdings in CoinbaseAnonymous Dogecoin Donor Pays Adoption Fees at Florida Dog ShelterUS House Passes Bill to Require Financial Regulators to Set Up Digital Assets Working GroupUK Asset Manager Baillie Gifford Invests $100M in Blockchain.comThe Reality of ‘Rayonism,’ a New Plan to Merge Ethereum and Eth 2.0Louis Vuitton, Cartier and Prada plan to Use a Bespoke Blockchain to Tackle Counterfeit GoodsFirms Like Ripple May Put 'Competitive Pressure' on Traditional Indian Banks: according to a new report by EY The Node: Dogecoin Is a Joke, Get Over It -Introducing Bybit's newly launched BTCUSD Futures Contracts! Be part of our mega $250,000 Futures giveaway where the more you trade, the more rewards you'll get. Campaign ends on April 13. Start trading now by visiting Bybit.com.InterPop is redefining the future of NFTs and fandom. Learn more at interpop.io. "The first milestone on our product roadmap, Reserve Lending, has arrived! Join us in creating a B2B cash management marketplace, where thousands of lenders are looking to unFederalReserve to lower costs of capital for everyone. Head to our harbor -- unfederalreserve.com -- for industry leading APYs on your crypto holdings."

With BTC pushing past $55K, dogecoin reaching record highs and a look at the coming era of consolidation, CoinDesk’s Market Daily is back with the latest news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by hellointerpop.io, bybit.com and unfederalreserve.Today's stories:Stock Futures Slide Ahead of Earnings Flurry (WSJ)Markets Haven't Priced in Biden's Tax Hikes Yet (Bloomberg)A Global Tipping Point for Reining In Tech Has Arrived (NYT)Dogecoin ($DOGE) Cryptocurrency at $50 Billion Is Bigger Than Ford, Kraft (Bloomberg)Binance.US Hires Former Bank Regulator Brian Brooks as CEOSilvergate’s Exchange Network Handled $166.5B in Crypto-Related Transactions in Q1PayPal Expands Its Crypto Offerings to Its Venmo Payments AppDiem Could Become White-Label CBDC Provider: Citi ReportFacebook-Backed Diem Aims to Launch Stablecoin Pilot in 2021: ReportOKEx Exchange Adds Bitcoin Lightning Network SupportOnline Retailer Newegg Accepts Dogecoin as Payment Option Brady Dale: Consolidations Are Coming to Crypto-Introducing Bybit's newly launched BTCUSD Futures Contracts! Be part of our mega $250,000 Futures giveaway where the more you trade, the more rewards you'll get. Campaign ends on April 13. Start trading now by visiting Bybit.com.InterPop is redefining the future of NFTs and fandom. Learn more at interpop.io. "The first milestone on our product roadmap, Reserve Lending, has arrived! Join us in creating a B2B cash management marketplace, where thousands of lenders are looking to unFederalReserve to lower costs of capital for everyone. Head to our harbor -- unfederalreserve.com -- for industry leading APYs on your crypto holdings."

With a look at BTC's biggest price drop in weeks and more on Coinbase’s Nasdaq listing, CoinDesk’s Market Daily is back with the latest news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by hellointerpop.io, bybit.com and unfederalreserve.Today's stories:Stock Market Today (Bloomberg)City Comptroller Candidate Says Blockchain Is in New York's FutureForeign Buying of Chinese Government Bonds Stalls (WSJ)Paris Hilton: 'NFTs Have Taken Over My Entire Mind and Soul'Bahamas Tops China in Ranking of Central Bank Digital Currencies (Bloomberg)PBoC Softens Tone Toward Bitcoin, Stablecoins, Calling Them ‘Alternative Investment’Bank of England and HM Treasury Launch Taskforce for UK CBDCSEC Causing ‘Confusion’ Over Digital Currencies in Legal Case With Ripple: WSJ Editorial BoardDigital Assets Firm Taurus to Launch Securities Marketplace After Getting Swiss LicenseCoinbase CEO Sold $291.8M in Shares on Opening Day NBA Top Shot Firm Dapper Labs Raising Funds at $7.5B+ Valuation: Report-Introducing Bybit's newly launched BTCUSD Futures Contracts! Be part of our mega $250,000 Futures giveaway where the more you trade, the more rewards you'll get. Campaign ends on April 13. Start trading now by visiting Bybit.com.InterPop is redefining the future of NFTs and fandom. Learn more at interpop.io. "The first milestone on our product roadmap, Reserve Lending, has arrived! Join us in creating a B2B cash management marketplace, where thousands of lenders are looking to unFederalReserve to lower costs of capital for everyone. Head to our harbor -- unfederalreserve.com -- for industry leading APYs on your crypto holdings."

Take one step closer sovereignty every single week, join the DeFi Slate community below:Listen on YouTube | Spotify | iTunes | R.S.S. FeedDeFi Slate Family:Its obvious. Bitcoin on Ethereum is absolutely blowing up. There’s no doubt about it.We are seeing massive yield farms pop up all over the place leaving the the Bitcoiners hanging out on the BTC chain wondering what they’re doing leaving their BTC unproductive while everyone else is farming food coins.More important than the flashy, short-lived xx,xxx% APYs is the ability to use assets cross-chain.This opens up new realms of endless possibilities: lending & borrowing on different chains, scaling solutions cross-chains, payments globally across different networks, credit and DAOs, yield farming on multiple chains at once - the list goes on.In this episode we’ll deep dive into RenVM, bringing BTC onto the Ethereum blockchain & how REN Project is playing a massive role in the current DeFi industry.Welcome to the show. -Andy🎙DeFi By Design EP #7: Interoperability and Cross-Chain Future with REN ProtocolWe’ve been following Ren project for quite awhile. In fact we just did a piece on turning your BTC into a productive asset here, using renBTC as your BTC value on Ethereum.With the recent launch of RenVM in May 2020, the value of the REN token has seen insane gains & the project thousands of new users.First ever 1000 BTC transaction? We go into that.How does the Ren token accrue value? Got it.What does TVL in Ren Protocol represent? Covered.Whats left on the roadmap for 2020? You bet.Listen to the episode now!📲 Join the Ren Telegram here!🙏 Follow Ren Project on Twitter!⚠️DISCLAIMER: Investing into cryptocurrency and DeFi platforms comes with inherent risk including technical risk, human error, platform failure and more. We are strictly an educational content platform, nothing we offer is financial advice. Please refer to our blog for more on mitigating your downside when using these protocols!📈 Shoutout To Our Partner: MCDEX— trade the first ever decentralized ETH & LINK perp swap contracts on MCDEX.🙏 New To Yield Farming? Use Akropolis to lend, borrow, and dollar-cost-average in the simplest way possible with their new Delphi mainnet launch!👨🏽‍🌾Earn Interest & Leverage Your Assets with Aave, a non-custodial money market protocol leading the #DeFi charge. ALPHA LEAK: Deposit LINK tokens into Aave to get aLINK, then head over to Yearn to put your aLINK into the yaLINK vault for extra yield (40%+ APY currently). It all starts here with Aave!Subscribe to the DeFi Slate Newsletter & join thousands of other crypto enthusiasts:🌐Check Us Out On Twitter!🚀Join the community on Discord to get our freeV.1. yield farming guide!🎤Subscribe to our YouTube channel!Check out some previous interviews:DeFi Slate x Nate Hindman: AMMs & Bancor V2DeFi Slate x Jeff Jihoz: Web 3.0 Gaming Axie InfinityDeFi Slate x Nick Fett: Oracles, Tellor, and the future of DeFiLast week in review:Master It Monday: Becoming a Uniswap Liquidity Provider (LP)Tap In Tuesday: Akropolis 101Wiretap Wednesday: How to turn your BTC into a productive assetRecent tweets: Get on the email list at defislate.substack.com

Take one step closer sovereignty every single week, join the DeFi Slate community below:Listen on YouTube | Spotify📈 Shoutout To Our Sponsor: MCDEX— trade the first ever decentralized ETH & LINK perp swap contracts on MCDEX.🙏 New To Yield Farming? Use Akropolis to lend, borrow, and dollar-cost-average in the simplest way possible with their new Delphi mainnet launch!DeFi Slate Family:The real future of the decentralized finance world is adoption, mass adoption. Aave just announced a full-on fiat on ramp, Binance has listed 10+ DeFi assets in the last few weeks, and Coinbase has been offering steady 1.25% APYs on USDC for months now.The hype is here already.Now, we build the stepping stones and pave the foundation for the future.Still, though, one of the biggest challenges ahead is the ability for the mainstream investor to use decentralized finance products and protocols.Like, lets be honest, were not seeing the average joe hop into metamask, transfer BTC to renBTC using RenBridge then use that to get sBTC curve LP tokens to farm CRV and BPT.No shot.But, they would be able to use an all-in-one DeFi interface like Zerion to help them get started lending and borrowing.In this episode, Rob & I dive deep into bringing DeFi mainstream using Zerion & how CEO Evgeny is trying to make his mark on the DeFi space!-AndyP.S. We have a special guest article below from Rebecca, a Zerion team member!Zerion: UpdateGuest Post: Rebecca Mqamelo, Marketing at Zerion.2020 has been a big year for Zerion. The interface went from a simple portfolio tracking tool into one of the easiest places to explore the entire DeFi market, buy and sell tokens, and manage assets across multiple wallets. Since redesigning their product to be more market-centric, the team is now turning their attention towards making Zerion the one place where investors can access all of DeFi. This shift is a logical response to an evolving landscape of user needs: when they launched their Explore and Market pages – which allow you to filter assets by performance, protocol, and type – they saw a 50x increase in weekly active users, signalling the growing demand for tools that let you discover new DeFi assets and track a complex portfolio from a single platform. In addition, weekly active users on their mobile apps increases 6x.Zerion’s roadmap is now entirely focused on supporting a wider range of transactions with DeFi instruments. This will build on the previous work they’ve done with DeFi SDK, an open-source library that makes it easier for dApps to integrate with protocols. Right now, Zerion lets you buy and sell a number tokens, but with new protocols and strategies cropping up every day, users are looking for ways to do more with the assets they have. This includes staking, yield farming and trading. The important part is they want to do this from the same place they manage their entire portfolio – and building towards this is now a top priority for most DeFi interfaces.Tell your friends about this episode!🙏 New To Yield Farming? Use Akropolis to lend, borrow, and dollar-cost-average in the simplest way possible with their new Delphi mainnet launch!📈 Shoutout To Our Sponsor: MCDEX— trade the first ever decentralized ETH & LINK perp swap contracts on MCDEX.DISCLAIMER: Investing into cryptocurrency and DeFi platforms comes with inherent risk including technical risk, human error, platform failure and more. This is not financial advice. Please refer to our blog for more on mitigating your downside when using these protocols!Subscribe to the DeFi Slate Newsletter & join dozens of crypto enthusiasts:🌐Check Us Out On Twitter!🚀Join the community on Discord! Get on the email list at defislate.substack.com