🎧🧠 Here's How to Solve Problems in DeFi
Illuminati Round Table Weekly Recap - Week of February 27
Gm degens,
We interview top experts in crypto every week to capture alpha for our community. This digest summarizes the key takeaways of recent conversations.
Let’s dive right in 👇
1️⃣ How to Solve Problems and Overcome Barriers in DeFi
Alex, the founder of Pendulum, joined an Illuminati roundtable to discuss the barriers of DeFi.
He discussed his experience in the crypto space and his goal of allowing businesses to transfer money quickly on-chain.
He also discussed the importance of Polkadot and how it can help with cross-border payments, on-chain FX, and trustless transactions.
Alex believes that DeFi will become more mainstream in the coming years and that regulation will help protect users and aid in adoption.
Listen and keep reading 🍿:
2️⃣ Is Web3 Gaming the Future?
Alpha + Growth Hacks For Crypto Gaming Researchers with apix
apix got into crypto in October 2021 and started writing content to make an imprint in the space.
He is focused on content creation, showcasing games, and giving feedback on Web3 games.
He also talks about the current state of crypto gaming, the problems with game economies, and his predictions for the future of Web3 gaming.
Listen and keep reading 🍿:
3️⃣ Trading Dopex & DeFi Innovations
0xsaitama is a new user who joined the DeFi space in late 2020-21.
He found out about Petronode, an options derivative on Arbitrum, and joined Discord Dopex to learn more about options.
He was hired for content creation and now works for Dopex. Options are a financial tool and derivative of holding an underlying asset, and Dopex is looking to change the space with options.
0xsaitama is looking forward to building a DEX for Arbitrum with an options layer.
Listen and keep reading 🍿:
4️⃣ Unleashing The Potential Of On-Chain Leveraged Trading
What alternatives do users have to centralized entities? w/ Jean Miao from MUX Protocol
Jean is a core contributor to the MUX Protocol, a DeFi project that works on leveraged trading, otherwise known as perpetual swaps.
She explains that perpetual swaps are a derivative that allow traders to bet on the price movement of an underlying asset.
She emphasizes the importance of understanding the risks associated with leverage and the cost of perpetual swaps.
She also mentions that the on-chain trading space is still relatively small compared to CEXs and that market education needs to be enhanced to onboard new users.
Lastly, she explains that MUX is an AMM model for perpetual swaps and that balancing the risks between the traders and the LPs is essential.
Listen and keep reading 🍿:
5️⃣ Emerging Narratives
L1/L2, DeFi, MEV & NFTfi w/ Saison Capital
Sharvin started investing in crypto in 2017 and realized the market made no sense when it kept hitting ATHs in 2018.
He invested in derivative DEXs and then looked for faster chains, becoming a DeFi maxi.
He invested in Solana and Avalanche projects in 2020 and got involved in the ecosystem.
He joined Saison Capital in 2022 and has opinions on the Binance BUSD FUD, DeFi growth, Solana's current state, Layer 1 and 2 plays, the Aptos Ecosystem hackathon, Korea, Japan, and NFT hype.
He believes institutions will invest more in crypto once regulation occurs.
