Not Investing Advice Anthony Lee Zhang

In this episode, we talk about the upcoming merge. What are the logistics of the merge? How could it go wrong? Who are the relevant parties who determine whether the space will adopt proof-of-stake ETH, or stay with proof-of-work ETH? We also briefly discuss flash loan liquidity provision, why liquidity provision has fees, and how flash loan fees may evolve in the future.

In the first episode of the (provisionally titled) Not Investing Advice podcast, Max Resnick and Anthony Lee Zhang talk about the Celsius bankruptcy. How did Celsius become worth negative 1.2 billion USD? We discuss the cultures of tech versus finance, collateralized lending and smart contracts, OTC desks, price impact and fire sales in crypto, and other topics!