
431 episodes

Bankless Bankless
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The Ultimate Guide to Crypto Finance. DeFi, NFTs, and cryptocurrencies. Level up. Go bankless.
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Resilient DeFi with Kirk Hutchison | Layer Zero
Kirk Hutchison is the Co-Founder of Volt Protocol, an inflation hedged stablecoin built on Ethereum. Kirk is widely known as the gigabrain’s gigabrain when it comes to all things DeFi.
As inflation continues to rise, Kirk couldn’t have joined at a better time. However, Kirk and David dive into much more than inflation.
On this episode, Kirk explains symmetric money systems, self-referential feedback mechanisms, the problems with DeFi today, what Volt is and its future, and so much more.
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📣 NOTIONAL | Real DeFi Yield
https://bankless.cc/Notional
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🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/
🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/
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BANKLESS SPONSOR TOOLS:
⚖️ ARBITRUM | SCALED ETHEREUM
https://bankless.cc/Arbitrum
❎ ACROSS | BRIDGE TO LAYER 2
https://bankless.cc/Across
🏦 ROCKET POOL | STAKE YOUR ETH
https://bankless.cc/RocketPool
👻 AAVE V3 | LEND & BORROW CRYPTO
https://bankless.cc/aave
⚡️ LIDO | LIQUID ETH STAKING
https://bankless.cc/lido
🔐 LEDGER | NANO S PLUS WALLET
https://bankless.cc/Ledger
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Topics Covered:
0:00 Intro
4:45 What Kirk Thinks About
8:36 Decentral Bank Terms Explained
13:45 What is a PSM?
18:16 The Bankless Thesis
21:20 Fully Symmetric Money System
28:05 Why is Fixed Rate a Problem?
32:12 Self-Referential Feedback Mechanisms
40:45 The Problems with DeFi Today
47:40 DeFi Utopia vs. Dystopia
1:00:55 What is Volt & Its Future?
1:09:25 Governance Token Design
1:13:35 8% Yield to Combat Inflation in DeFi
1:19:20 Closing
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Resources:
Kirk
https://twitter.com/OneTrueKirk
Volt Protocol
https://twitter.com/voltprotocol
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures -
125 - Ethereum's Hidden Power Structures | Matt Cutler
Matt Cutler is the Co-Founder and CEO of Blocknative and a gigabrain when it comes to Ethereum’s hidden power structures and all things blockchains.
As Ethereum approaches the merge, these power structures are going to change. What will this post-merge future look like? Will users get paid to use Ethereum?
Matt explains everything from first principles and it helps illustrate the complexities of everything discussed in this insightful episode. By the end of it, you’ll have a better understanding of the purpose of blockbuilders, the new post-merge roles, all things MEV, and so much more.
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📣 NOTIONAL | Real DeFi Yield
https://bankless.cc/Notional
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🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/
🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/
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BANKLESS SPONSOR TOOLS:
⚖️ ARBITRUM | SCALED ETHEREUM
https://bankless.cc/Arbitrum
❎ ACROSS | BRIDGE TO LAYER 2
https://bankless.cc/Across
🏦 ROCKET POOL | STAKE YOUR ETH
https://bankless.cc/RocketPool
👻 AAVE V3 | LEND & BORROW CRYPTO
https://bankless.cc/aave
⚡️ LIDO | LIQUID ETH STAKING
https://bankless.cc/lido
🔐 LEDGER | NANO S PLUS WALLET
https://bankless.cc/Ledger
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Topics Covered:
0:00 Intro
6:27 The Reason for the Merge
10:07 The Values PoS Preserves
13:45 Blockbuilding Explained
16:35 Mining Pools & Incentive Categories
30:25 Why Decentralizing Power Matters
33:40 The Future State of Ethereum
39:21 The Post-Merge World Roles Explained
45:25 MEV Searchers vs. Blockbuilders vs. Stakers/Validators
55:45 PBS & MEV Boost & Who Are the Blockbuilders
1:03:50 Economic Rewards for Blockbuilders
1:17:19 Ethereum Will Eventually Pay Users?
1:19:40 Can Ethereum Stay Decentralized?
1:26:22 ETH The Asset
1:31:39 Where MEV Exists
1:35:16 How Blocknative Fits into All of This
1:37:30 Closing & Disclaimers
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Resources:
Matt Cutler
https://twitter.com/mcutler
Blocknative
https://twitter.com/blocknative
End Game with Vitalik
https://youtu.be/b1m_PTVxD-s
Ultra Scalable Ethereum
https://newsletter.banklesshq.com/p/ultra-scalable-ethereum
The Guide to the Ethereum Roadmap with Jon
https://youtu.be/xuLyZaty9iI
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures -
ROLLUP: 3AC Further Contagion | dYdX Leaves Ethereum | Huge Uniswap Acquisition
4th Friday of June, 2022
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📣 NOTIONAL | Real DeFi Yield
https://bankless.cc/Notional
------
🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/
🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/
------
BANKLESS SPONSOR TOOLS:
⚖️ ARBITRUM | SCALED ETHEREUM
https://bankless.cc/Arbitrum
❎ ACROSS | BRIDGE TO LAYER 2
https://bankless.cc/Across
🏦 ROCKET POOL | STAKE YOUR ETH
https://bankless.cc/RocketPool
👻 AAVE V3 | LEND & BORROW CRYPTO
https://bankless.cc/aave
⚡️ LIDO | LIQUID ETH STAKING
https://bankless.cc/lido
🔐 LEDGER | NANO S PLUS WALLET
https://bankless.cc/Ledger
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Topics Covered:
0:00 Intro
1:25 Markets
1:30 BTC Price
2:20 ETH Price
3:45 ETH BTC Ratio
4:40 Crypto Market Cap
ETH Gas Markets
https://dune.xyz/hildobby/Gas
6:00 BTC Fell
https://twitter.com/DocumentingBTC/status/1538191897977569281
7:00 GPU Markets getting flooded!
https://twitter.com/hms1193/status/1539172196983230464
11:33 Voyager
https://twitter.com/tier10k/status/1539578302289117185
https://twitter.com/investvoyager/status/1537919249594732544
18:30 BlockFi Raise Troubles
https://twitter.com/fintechfrank/status/1537869616499896320
https://twitter.com/BlockFiZac/status/1539216594383028224
https://twitter.com/fintechfrank/status/1537869616499896320
3AC Contagion Backstopped by FTX
19:57 dYdX V4 on Cosmos
https://dydx.exchange/blog/dydx-chain
26:20 Tweets from Antonio
https://twitter.com/AntonioMJuliano/status/1462455087826030597
https://twitter.com/AntonioMJuliano/status/1462455083719823363
28:16 Polynya Take
https://twitter.com/epolynya/thread/1539615550271156225
32:30 Uniswap Acquires Genie!
https://twitter.com/Uniswap/status/1539306956002820096
https://uniswap.org/blog/genie
34:14 ICYMI
https://youtu.be/9fqJzS08pPc
36:20 NEWS
36:47 Arbitrum Odyssey Campaign
https://twitter.com/arbitrum/thread/1537942315871793154
https://twitter.com/arbitrum/status/1537942325577428993
40:05 William Peaster Article
https://newsletter.banklesshq.com/p/arbitrum-odyssey-begins-
40:23 DeFi Down Bad
Controversial Solend proposal
https://realms.today/dao/7sf3tcWm58vhtkJMwuw2P3T6UBX7UE5VKxPMnXJUZ1Hn/proposal/HuaL6cDtuNtfnJgvwMnYiZDHVCoLAuDtVFgJD8kYChJ4
https://twitter.com/FatManTerra/thread/1538448035885240321
44:45 Bancor Pulled the Plug on IL Protection
https://blog.bancor.network/market-conditions-update-june-19-2022-e5b857b39336?gi=b4ee96b34923
46:01 Spicy Hasu Take
https://twitter.com/hasufl/thread/1538774433359441920
49:49 Merge Watch
https://twitter.com/nethermindeth/status/1538830020491333635
51:00 New Lido Validators
https://twitter.com/LidoFinance/status/1539322089794043904
51:45 Swell Testnet
https://twitter.com/swellnetworkio/status/1539506486199480320
54:33 NFTs
54:34 Cryptopunks!
Christie’s Web3 Expert Leaves Auction House to Run CryptoPunks for Yuga Labs
https://www.coindesk.com/business/2022/06/19/christies-web3-expert-leaves-auction-house-to-run-cryptopunks-for-yuga-labs/
https://twitter.com/NonFungibleNoah/thread/1538584141419143168
https://twitter.com/nansen_intern/status/1538602437510152196
57:16 Pharrell as Chief Brand Officer of Doodles
https://decrypt.co/103503/doodles-nfts-announces-pharrell-as-chief-brand-officer-fundraise-led-by-alexis-ohanian
57:35 TIME > Sandbox Partnership
https://twitter.com/CryptoGucci/status/1539360336620437504
1:00:20 MISC
1:01:00 Elon Musk accused of Dogecoin Ponzi
https://www.theblock.co/post/152538/tesla-ceo-elon-musk-accused-of-dogecoin-ponzi-scheme-in-new-class-action-lawsuit
https://twitter.com/RyanSAdams/status/1537513636071100417
1:02:10 Jobs
https://pallet.xyz/list/bankless/jobs
1:04:10 RELEASES
1:04:13 Immutable X $500m Developer & Venture Fund
https://twitter.com/Immutable/status/1537768342739890176
1:05:00 Tether releases British Pound St -
124 - Is Mark Cuban Buying the Bear?
Mark Cuban of ABC’s Shark Tank, owner of the Mavs, and seasoned entrepreneur and investor joins us for Round Two of Bankless.
Hear what Mark’s been up to since his first Bankless appearance, how he explains crypto to noobs (hint: he doesn’t), what he envisions next for crypto, how long he believes the bear will last and so much more!
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📣 NOTIONAL | Real DeFi Yield
https://bankless.cc/Notional
------
🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/
🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/
------
BANKLESS SPONSOR TOOLS:
⚖️ ARBITRUM | SCALED ETHEREUM
https://bankless.cc/Arbitrum
❎ ACROSS | BRIDGE TO LAYER 2
https://bankless.cc/Across
🏦 ROCKET POOL | STAKE YOUR ETH
https://bankless.cc/RocketPool
👻 AAVE V3 | LEND & BORROW CRYPTO
https://bankless.cc/aave
⚡️ LIDO | LIQUID ETH STAKING
https://bankless.cc/lido
🔐 LEDGER | NANO S PLUS WALLET
https://bankless.cc/Ledger
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Topics Covered:
0:00 Intro
4:50 What Mark’s Been Up To?
6:20 2017 vs. 2022 Cycle Differences
7:10 Mark’s Crypto Interest Development
16:56 How to Explain Crypto to Noobs
20:21 Macro Components to the Bear
26:10 ETH vs. BTC
30:37 Payments
32:51 What’s Next For Crypto?
34:20 How Long Will the Bear Last?
38:50 Where Mark’s the Most Optimistic
45:50 ReFi, Positivity, & Advice
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Resources:
Mark Cuban
https://twitter.com/mcuban
1st Appearance on Bankless
https://youtu.be/l3ptz8qvZcg
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures -
Hayden Adams on Uniswap's Announcement?! | State of the Nation
Just in time for NFT NYC, Hayden Adams comes to Bankless to reveal some secret announcement!
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📣 NOTIONAL | Real DeFi Yield
https://bankless.cc/Notional
------
🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/
🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/
------
BANKLESS SPONSOR TOOLS:
⚖️ ARBITRUM | SCALED ETHEREUM
https://bankless.cc/Arbitrum
❎ ACROSS | BRIDGE TO LAYER 2
https://bankless.cc/Across
🏦 ROCKET POOL | DECENTRALIZED ETH STAKING
https://bankless.cc/RocketPool
👻 AAVE V3 | LEND & BORROW CRYPTO
https://bankless.cc/aave
⚡️ MAKER DAO | THE DAI STABLECOIN
https://bankless.cc/MakerDAO
🦁 BRAVE | THE BROWSER NATIVE WALLET
https://bankless.cc/Brave
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Timestamps:
0:00 Intro
5:15 Feelings Check-In
11:30 Uniswap Labs vs. Uniswap Protocol
23:47 Huge Uniswap Announcement
31:34 NFTs & Uniswap
36:15 Uniswap Airdrop?!
41:06 Is Genie Pivoting?
43:54 The Future of Uniswap Labs
50:18 Closing & Disclaimers
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Resources:
Hayden on Twitter:
https://twitter.com/haydenzadams
Announcement:
https://uniswap.org/blog/genie
-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures -
Monolithic to Modular DAOs with Julz Rosenberg | Layer Zero
How do DAOs go from monolithic to modular? Julia aka Julz Rosenburg has the answer. Julz is the Co-Founder of Orca Protocol, a project trying to uncomplicate coordination by mirroring human coordination. How? One word: Pods!
In their current state, most DAOs have coordination and hierarchical problems. However, with the help of Julz and the Orca Protocol team, this won’t always be the case.
Why are pods essential for the future of DAOs and work? What obstacles stand in the way to achieve this future? Why aren’t you pod-pilled yet? Answers to these questions and so much more in the episode.
------
📣 NOTIONAL | Real DeFi Yield
https://bankless.cc/Notional
------
🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/
🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/
------
BANKLESS SPONSOR TOOLS:
⚖️ ARBITRUM | SCALED ETHEREUM
https://bankless.cc/Arbitrum
❎ ACROSS | BRIDGE TO LAYER 2
https://bankless.cc/Across
🏦 ROCKET POOL | STAKE YOUR ETH
https://bankless.cc/RocketPool
👻 AAVE V3 | LEND & BORROW CRYPTO
https://bankless.cc/aave
⚡️ LIDO | LIQUID ETH STAKING
https://bankless.cc/lido
🔐 LEDGER | NANO S PLUS WALLET
https://bankless.cc/Ledger
------
Topics Covered:
0:00 Intro
4:31 What Julz is Here To Do
9:07 History & Summary of Governance
14:48 Trustware vs. Socialware
20:43 Innovation on the Trustware Layer
22:16 Orca Protocol
25:10 Why Pods Matter
30:30 DAO Governance Critiques
36:07 The U.S. Governance System
39:10 The Future of Work
43:34 Monolithic to Modular DAOs
48:05 DAO Metaphors
50:42 How to Get Culture to Scale Exponentially
56:03 Pod Coordination
57:40 DAO Governance Optimism
59:28 Julz’s Advice & Resources for DAOs
1:01:18 Orca’s Product & Capturing Resources
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Resources:
Julz on Twitter
https://twitter.com/JulzRoze
Orca Protocol
https://www.orcaprotocol.org/
https://twitter.com/OrcaProtocol
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures