In this episode, Mippo, Vance, and Michael discuss their reactions to the US Vice Presidential debate, and their views on meaningful crypto legislation. Additionally, they dive into the advancements in the crypto lending markets. They also unpack the current state of vesting schedules in crypto. Finally, they give their thoughts on the potential impact of Visa’s recently announced tokenized asset platform, and the continued institutional adoption of crypto. Thanks for tuning in! -- L2s and L3s are history. Supra Containers give you dedicated, customizable AppSpace on Supra’s Layer-1 to rescue you from the costs, complexities, and fragmentation of L2s and L3s.  Containers help you build with better customization and control than appchains at a fraction of the cost. Use your own token as the gas token, create local fee markets with custom gas amounts or just go gasless, and scale on demand whenever you need to. Supra Containers are secured by Supra’s L1 nodes and get access to Supra’s 500k TPS throughput, sub-second consensus latency, and all their built-in services like oracle price feeds and onchain randomness without any overhead. Supra is also MultiVM compatible so you can easily deploy your EVM, Move, and SVM smart contracts here. Get all the freedom, control, and tools you need to build super dApps and bring the world onchain. To learn more, visit www.supra.com/blockworks -- Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii -- Follow Mike: https://twitter.com/MikeIppolito_ Follow Michael: https://twitter.com/im_manderson Follow Vance: https://twitter.com/pythianism Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Timestamps: (0:00) Introduction (3:04) Reactions to the Vice Presidential Debate (8:52) Meaningful Crypto Legislation (13:01) Advancements in Crypto Lending (15:47) Supra Ad (16:44) Vesting Schedules in Crypto (27:11) Visa Announces the Visa Tokenized Asset Platform (42:25) Bitwise's Trendwise Bitcoin, Treasuries Rotation Strategy, and XRP ETFs (48:35) Gary Gensler's Strategy as SEC Chair (51:15) Kain Warwick vs David Hoffman at Permissionless -- Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

In this episode, DeFi legends Stani Kulechov and Rune Christensen joined us to discuss the growth of DeFi! We discussed Sky Aave Force, DeFi’s convergence on product offerings, and the impact of brand and culture in DeFi. Additionally, we dove into the growing institutional interest in crypto. Finally, we concluded the interview with Stani and Rune’s thoughts on the “DeFi Renaissance”. Thanks for tuning in! -- Resources Read More About Sky Aave Force: https://x.com/SkyEcosystem/status/1830788183056900133 -- L2s and L3s are history. Supra Containers gives you dedicated, customizable AppSpace on Supra’s Layer-1 to rescue you from the costs, complexities, and fragmentation of L2s and L3s.  Containers help you build with better customization and control than appchains at a fraction of the cost. Use your own token as the gas token, create local fee markets with custom gas amounts or just go gasless, and scale on demand whenever you need to. Supra Containers are secured by Supra’s L1 nodes and get access to Supra’s 500k TPS throughput, sub-second consensus latency, and all their built-in services like oracle price feeds and onchain randomness without any overhead. Supra is also MultiVM compatible so you can easily deploy your EVM, Move, and SVM smart contracts here. Get all the freedom, control, and tools you need to build super dApps and bring the world onchain. To learn more, visit www.supra.com/blockworks -- Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii -- Follow Rune: https://x.com/RuneKek Follow Stani: https://x.com/StaniKulechov Follow Mike: https://x.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH -- Timestamps: (0:00) Introduction (1:35) The History of Sky and Aave (7:28) Transitioning From Maker to Sky (13:47) Sky Aave Force (18:35) Explaining the D3M Module (25:14) Competition Between Aave and Sky (30:44) Supra Ad (31:40) DeFi's Convergence on Product Offerings (35:36) Expanding Into Other Ecosystems (42:52) Brand and Culture in DeFi (48:06) The Growth of Institutional Interest in Crypto (54:18) The DeFi Renaissance (1:09:02) Managing Protocol Complexities -- Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In this episode, the Roundup Crew discusses the current sentiment among market participants, and how seasonality impacts the markets. Additionally, they covered the Fed’s upcoming Jackson Hole symposium, rate cuts and job number revisions, and Kamala Harris’ potential capital gains tax policies. Finally, they took a look at Tron’s recent success and asked themselves, are centralized chains better at acquiring users? Thanks for tuning in! -- Resources 2xDog Chart on Bitcoin Seasonality: https://x.com/2xdog/status/1826460239090385028 S.Y. Lee’s Comments: https://x.com/storysylee/status/1826296244568019259 Tron Fees Chart: https://x.com/AviFelman/status/1825969241050550507 -- Namada is the shielded asset hub rewarding you to protect the multichain. Enabling data protection for any existing asset, app, or chain, Namada introduces shielded cross-chain actions and rewards for shielding your assets, which strengthens data protection guarantees for everyone. Namada is currently in its mainnet launch phase — follow along on namada.net -- Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii -- Follow Mike: https://twitter.com/MikeIppolito_ Follow Michael: https://twitter.com/im_manderson Follow Vance: https://twitter.com/pythianism Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Timestamps: (0:00) Introduction (2:42) Sentiment in the Crypto Markets (8:51) How Seasonality Impacts Markets (13:30) The Fed's Jackson Hole Symposium (15:27) Namada Ad (16:26) Kamala Harris' Capital Gains Tax Policies (24:06) Which Presidential Candidate Will Be Better For Crypto? (28:23) Rate Cuts & Job Revision Numbers (40:01) Story Protocol's Series B Announcement (46:51) Tron's Pump Fun Competitor (50:01) Are Centralized Chains Better at Acquiring Users? (55:22) Peter Thiel's Interview With Joe Rogan (58:50) Bill Clinton at the DNC -- Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

Season 6 | Episode 3 Today we dive into the world of central limit order books and automated market makers with DEX builders Eugene Chen, co-founder of Ellipsis Labs, and Doug Colkitt, co-founder of Crocodile Labs. The team explores how factors like gas costs, latency, and modular "hooks" are shaping the evolution of onchain trading and DEX designs. The conversation then explores taking DEX components offchain and if it's antithetical to the point of DeFi. To close things out the team discusses the end game of DEX design. - - Maverick Protocol is a DeFi infrastructure provider focused on increasing industry efficiency, powered by Maverick AMM. Maverick helps token projects, DAO treasuries, liquidity providers or anyone in DeFi shape their liquidity with efficiency and flexibility. In other words, Maverick makes your liquidity smarter.  Shape liquidity for your token today on Maverick at https://app.mav.xyz/bellcurve   - - Timestamps: (00:00) Introduction (01:57) Interview Start: Alex & Jason (02:02) CLOBs vs AMMs (10:17) “Maverick Ad” (11:32) CLOBs vs AMMs (12:35) Efficiency of Onchain CLOBs (18:51) The Constraints of Latency (23:02) AMMs & Passive Liquidity (32:41) Offchain Components (46:27) DEX Design End Game (52:10) Market Structure of AMMs vs CLOBs (56:55) Outro  - - Follow Dan: https://twitter.com/danrobinson Follow Mike: https://twitter.com/MikeIppolito_ Follow Doug: https://twitter.com/0xdoug Follow Eugene: https://twitter.com/0xShitTrader Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - Resources: Ellipsis Labs https://ellipsislabs.xyz/  Ambient Finance https://us.ambient.finance/ Crocswap Blog https://crocswap.medium.com/ Jaredfromsubway MEV Bot Strategy https://x.com/bertcmiller/status/1656392876438462464 - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

With the opening of the Sam Bankman-Fried trial this week, the fellas kick things off with their thoughts on Michael Lewis’ controversial new book‘Going Infinite’, which explores the story of FTX’s collapse. The guys then take stock of Vitalik’s latest proposal around Enshrinement, and whether the logic should be natively implemented in the core code of L1s. We then discuss Stride’s potential plans to become the enshrined LST protocol for Cosmos Hub. We then review the state of ETH Futures, XRP’s latest win vs the SEC, before closing out with our outlook on macro, as long-term US Yields Hit a 16-year high. Enjoy! - - Maverick Protocol is a DeFi infrastructure provider focused on increasing industry efficiency, powered by Maverick AMM. Maverick helps token projects, DAO treasuries, liquidity providers or anyone in DeFi shape their liquidity with efficiency and flexibility. In other words, Maverick makes your liquidity smarter.  Shape liquidity for your token today on Maverick at https://app.mav.xyz/bellcurve   - - Timestamps: (00:00) Introduction (00:54) Michael Lewis’ ‘Going Infinite’ review: an SBF/FTX plant?  (09:24) “Maverick Ad” (10:38) Michael Lewis’ ‘Going Infinite’ review: an SBF/FTX plant?  (24:38) Enshrinement (40:24) Stride: The Enshrined LST Protocol for Cosmos Hub? (44:20) ETH Futures (49:38) XRP Win: SEC Appeal Denied (55:18) Macro Outlook: Bond Sell-off, Long-term US Yields Hit 16-year High - - Follow Mike: https://twitter.com/MikeIppolito_ Follow Vance: https://twitter.com/pythianism Follow Michael: https://twitter.com/im_manderson Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH -- Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/ - - Resources: Vitalik Buterin: Should Ethereum be okay with enshrining more things in the protocol? https://vitalik.eth.limo/general/2023/09/30/enshrinement.html Stride: The Enshrined LST Protocol for Cosmos Hub? https://blockworks.co/news/stride-merge-cosmos-hub-network - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

Season 6 | Episode 2 In this season's first guest interview we dive into the world of LVR. We are joined by Alex and Jason to unpack key elements of LVR including what it is, mitigation methods including auctions and dynamic fees, and why solving LVR is important. They discuss what 3 sources of information are key to understanding LVR and explore the impacts of transferring wealth from token stakers to LPs. - - Maverick Protocol is a DeFi infrastructure provider focused on increasing industry efficiency, powered by Maverick AMM. Maverick helps token projects, DAO treasuries, liquidity providers or anyone in DeFi shape their liquidity with efficiency and flexibility. In other words, Maverick makes your liquidity smarter.  Shape liquidity for your token today on Maverick at https://app.mav.xyz/bellcurve   - - Timestamps: (00:00) Intro (01:18) Main Interview Start: Alex & Jason (01:31) What is LVR? (07:56) 3 Sources of Information (11:12) “Maverick Ad” (12:27) 3 Sources of Information (13:31) Mitigating LVR Methods (25:40) Dynamic Fees (38:50) Discriminating Types of Traders (48:11) Auctions for Mitigating LVR (52:49) Transferring Wealth to LPs (56:57) Why is LVR Important? (1:02:05) Outro - - Follow Dan: https://twitter.com/danrobinson Follow Mike: https://twitter.com/MikeIppolito_ Follow Alex: https://twitter.com/0x94305 Follow Jason: https://twitter.com/jason_of_cs Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - Resources: Automated Market Making and Loss-Versus-Rebalancing (Jason Paper) https://arxiv.org/abs/2208.06046 How Discount Brokerages Make Money by Patrick McKenzie https://www.kalzumeus.com/2019/6/26/how-brokerages-make-money/ - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

This week the team take stock of Binance; what may be going on and the potential ramifications. We review the regulation win for Coinbase, as approval is granted for retail perpetual futures trading. We dive deep on Rollups-as-a-Service (RaaS). Mike explains why he’s been ‘Pudgy Pilled’. We review the current state of the SEC/Crypto relationship saga, where we are with ETH Futures ETFs, the upcoming Celestia (TIA) Airdrop, and more! Hit play now and find relevant links below, enjoy! - - Maverick Protocol is a DeFi infrastructure provider focused on increasing industry efficiency, powered by Maverick AMM. Maverick helps token projects, DAO treasuries, liquidity providers or anyone in DeFi shape their liquidity with efficiency and flexibility. In other words, Maverick makes your liquidity smarter.  Shape liquidity for your token today on Maverick at https://app.mav.xyz/bellcurve   - - Timestamps: (00:00) Introduction (01:12) Coinbase: regulatory approval for retail perpetual futures trading (07:42) Dumb Money (08:14) “Maverick Ad” (09:29) Binance Meltdown Review  (20:035 RaaS: The Key Ingredient to a Rollup-Centric Roadmap (39:26) Pudgy Penguins: Pudgy Pilled (45:06) SEC: Gary Gensler Crypto Overreach  (48:51) ETH Futures ETF Update (53:51) Celestia (TIA) Airdrop (1:00:38) Platform Risk Shift - - Follow Mike: https://twitter.com/MikeIppolito_ Follow Myles: https://twitter.com/MylesOneil Follow Michael: https://twitter.com/im_manderson Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH -- Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/ - - Resources: RaaS: The Key Ingredient to a Rollup-Centric Roadmap https://www.reverie.ooo/post/raas-the-key-ingredient-to-a-rollup-centric-roadmap - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

Season 6 | Episode 1 Welcome to season 6 of Bell Curve! Season 6 will take a dive into the world of DEXs and Dan Robinson, General Partner and Head of Research at Paradigm, with be joining Mike as co-host. In today's episode the duo dive deep into DEX designs and discuss the origin story of Uniswap, the V4 design, and the overall growth journey the protocol has endured. They also dive into design decisions including intents, mitigating LVR, and prioritizing retail and market makers. We're excited to have you along for the ride this season! - - Timestamps: (00:00) Uniswap Origin Story (10:48) Market Making & Design Decisions 18:40) Uniswap V4 (25:04) Swappers & LPs While Scaling (32:54) Value Journey in DEXs (36:24) Impact of Gas Constraints (39:11) What is LVR? (48:51) Uniswapx and Offchain Designs (54:11) Retail and Market Makers (1:02:40) Intent Based Architecture (1:05:47) Vertical and Horizontal Scaling (1:13:32) Perps and Options Market Structure - - Follow Dan: https://twitter.com/danrobinson Follow Mike: https://twitter.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - Resources: - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In today’s episode, the team kicks things off with discussing Celestia and the impact it may have on architecture across ecosystems. The team then goes on to discuss potential catalysts for future cycles including EigenLayer’s future yield role, and the transition of ETH Staking to Liquid Staking. MakerDAOs ongoing interest is broken down before closing out on the ongoing debate around IPO vs. Direct Listing. Enjoy! - - Timestamps: (00:00) Introduction (01:23) Eclipse: Roll-up-as-a-Service (09:31) Celestia: ETH Price Action Impacts (19:49) Forward-Looking Bull Market Activity  (27:38) EigenLayer’s Yield Role  (33:45) Validator Market in Low Price Environment  (36:31) ETH Staking To Liquid Staking (42:48) MakerDAO Update (55:54) IPO vs Direct Listing - - Follow Mike: https://twitter.com/MikeIppolito_ Follow Jason: https://twitter.com/JasonYanowitz Follow Vance: https://twitter.com/pythianism Follow Michael: https://twitter.com/im_manderson Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH -- Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/ - - Resources: MakerDAO Interest https://blockworks.co/news/chronicle-labs-oracle-scribe - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

Nick White (COO of Celestia) and Neel Somani (founder of Eclipse) join us to debate the tradeoffs of modular vs integrated blockchains. We cover the modular thesis, how Eclipse is bringing the SVM to Ethereum, the hidden costs of modularity, centralized sequencers and L2s, where value will accrue in a modular paradigm and more! - - Timestamps 00:00 Introduction 01:49 What are Modular Blockchains? 05:34 Data Availability Explained 09:15 Light Clients and End User Verification 19:45 Eclipse: the SVM Rollup Provider 20:50 Why do Rollups Need Settlement? 26:26 Jito Mid Roll 27:30 Permissionless Plug 28:30 Should Celestia Enshrine a Settlement Layer? 31:34 L2 Training Wheels 35:53 Kyle Samani’s "The Hidden Costs of Modular Systems” 43:02 Appchains vs Rollups 46:43 How Eclipse is Bringing the SVM to Ethereum 47:58 Are Centralized Sequencers Okay? 53:28 Will Crypto Apps Have a Power Law Outcome? 58:03 Network Effects and Value Accrual 01:08:15 Where Will Enterprises Launch Applications? 01:12:08 Rapid Fire - - Follow Neel: https://twitter.com/neelsalami Follow Nick: https://twitter.com/nickwh8te Follow Mert: https://twitter.com/0xMert_ Follow Garrett: https://twitter.com/GarrettHarper_ Follow Lightspeed: https://twitter.com/Lightspeedpodhq Subscribe on YouTube: https://bit.ly/43o3Syk Subscribe on Apple: https://apple.co/3OhiXgV Subscribe on Spotify: https://spoti.fi/3OkF7PD Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/  - - Resources Jito https://www.jito.network/staking/?utm_source=lightspeed&utm_medium=podcast&utm_campaign=lightspeed_Q323_1 Celestia https://twitter.com/CelestiaOrg https://celestia.org/ Eclipse https://twitter.com/EclipseFND https://www.eclipse.builders/ - -  Disclaimers: Lightspeed was kickstarted by a grant from the Solana Foundation. Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.

As we gear up for Season 6, this week's episode will be Lightspeed's recent interview with Keone Hon and Kevin G to discuss how Monad is scaling the EVM. Every project in crypto right now is launching an L2 or marketing how their execution environment is better than the EVM. Monad has taken the opposite approach and is building an L1 that leverages the EVM with new optimizations like parallel execution. In this conversation, we discuss Monad's EVM optimizations, the blockchain trilemma, why Monad chose the EVM, how to launch a new L1, modular vs integrated and more! - - Timestamps 00:00 Introduction 00:32 Monad: A Parallelized L1 Leveraging the EVM 06:01 The Blockchain Trilemma 17:31 Monad’s Optimizations and Remaining Bottlenecks 26:14 Jito Mid Roll 27:18 Permissionless Plug 28:18 Why Choose the EVM and Not Build an L2? 31:13 The Importance of Community 36:20 L1 Fees and Tokenomics 41:58 Could Ethereum Implement Monad’s Optimizations? 43:15 The Blockchain Design Landscape 46:49 Modular vs Integrated 49:10 Crypto’s Most Exciting Sectors 51:54 High Fidelity DeFi 55:21 Go-To-Market Strategy 59:57 Rapid Fire - - Follow Keone: https://twitter.com/keoneHD Follow Kevin: https://twitter.com/zen_llama Follow Mert: https://twitter.com/0xMert_ Follow Garrett: https://twitter.com/GarrettHarper_ Follow Lightspeed: https://twitter.com/Lightspeedpodhq Subscribe on YouTube: https://bit.ly/43o3Syk Subscribe on Apple: https://apple.co/3OhiXgV Subscribe on Spotify: https://spoti.fi/3OkF7PD Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/  - - Resources Jito https://www.jito.network/staking/?utm_source=lightspeed&utm_medium=podcast&utm_campaign=lightspeed_Q323_1 Monad https://twitter.com/monad_xyz https://linktr.ee/monad_xyz - -  Disclaimers: Lightspeed was kickstarted by a grant from the Solana Foundation. Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.

In this week’s episode, Mike and Michael breakdown all things DeFi. They discuss the ecosystem writ large and whether we’re seeing a return to 2021’s ‘DeFi Summer’, and the value proposition of sustainable fees as the key differentiator. The guys go on to review Rune Christensen’s Solana Fork MakerDAO proposal, Visa’s crypto stablecoin settlement expanding to Solana, as well as recent regulation setbacks. We then close out on the spot Ether ETF Bid From Ark Invest, 21Shares - hot off of Grayscales spot BTC ETF win - and the wider cycle sentiment. Enjoy! - - Timestamps: (00:00) Introduction (02:09) DeFi 1.0 Resurgence? (08:32) "Permissionless Promotion" (09:25) DeFi 1.0 Resurgence? (27:12) Rune Christensen’s Solana Fork MakerDAO Proposal (37:48) Stablecoin Settlement Expanding to Solana (46:01) Coinbase, Framework Venture Funds Invest $5M in Socket Protocol (49:00) Regulation Setback: CFTC Settlement Against DeFi Protocols  (55:52 Spot Ether ETF Bid From Ark Invest, 21Shares (1:00:23) Cycle Sentiment  - - Follow Mike: https://twitter.com/MikeIppolito_ Follow Jason: https://twitter.com/JasonYanowitz Follow Vance: https://twitter.com/pythianism Follow Michael: https://twitter.com/im_manderson Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH -- Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/ -- Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Resources: Van Eck ETH Price Prediction (correction) https://bitly.ws/UhKH Rune Christensen’s Solana Fork MakerDAO Proposal https://blockworks.co/news/makerdao-solana-fork-endgame Sam Hart: Solana Codebase Fork for NewChain https://forum.makerdao.com/t/explore-a-fork-of-the-solana-codebase-for-newchain/21822/33 Stablecoin Settlement Expanding to Solana https://blockworks.co/news/visa-usdc-solana-stablecoin-expansion Spot Ether ETF Bid From Ark Invest, 21Shares https://blockworks.co/news/21shares-ark-filing-for-spot-ether-etf - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

Season 5 | Episode 9 In today's season 5 finale we take a deep dive into the multifaceted world of Liquid Staking. Mike and Myles scrutinize critical aspects such as market structure, exploring its influence on liquidity providers and governance. They also discuss social scaling, evaluating its role in the adoption and scalability of Liquid Staking solutions along with the implications of self-limiting. This episode is a holistic recap of the season and with the biggest takeaways from Season 5. - - Timestamps: (00:00) Introduction (02:58) LST Market Structure (13:16) Social Scaling & Self-limiting Debate (28:19) “Permissionless Promotion” (29:15) Curation VS Permissionless (35:25) Liquid Staking Router Outlook (43:09) Re-staking & Liquid Staking Intersection (52:15) Lido Governance Role & Impact (56:16) Future of Liquid Re-staking (1:01:10) Co-Opetition: Eigen Layer & Lido (1:07:08) MEV & Liquid Staking Intersection - - Follow Myles: https://twitter.com/MylesOneil Follow Mike: https://twitter.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Resources: Chorus One Validator Economics https://medium.com/chorus-one/exploring-validator-economics-on-solana-cb1498a3aef6 How POS Networks Nurture Decentralization by Felix L https://chorus.one/articles/how-can-proof-of-stake-networks-nurture-decentralization Sreeram Episode https://podcasts.apple.com/us/podcast/the-intersection-of-restaking-and-liquid/id1641356619?i=1000622262081 - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In this episode, Mike and Jason are joined by Sreeram Kannan, the Founder of EigenLayer to discuss the recent Eigen Labs airdrop controversy, why Eigen Labs was not upfront about this list, and what changes they are making internally. Additionally, they dive into EigenLayer’s close relationship with the Ethereum Foundation, avoiding conflicts of interest within the industry, and the need for more disclosures in crypto. Finally, they take a look at how permissionless tokens will impact AVS security preferences. Thanks for tuning in! -- Resources Coindesk: Top Crypto Startup Drove Other Projects’ Airdrops to its Employees: https://x.com/CoinDesk/status/1824067033350258815 Coindesk: Crypto Airdrops Ban U.S. Users, but Americans Are Claiming Tokens Anyway: https://x.com/CoinDesk/status/1826441814770872797 EigenLayer’s Response to the Coindesk Article: https://x.com/eigenlayer/status/1824175022308724749 -- Namada is the shielded asset hub rewarding you to protect the multichain. Enabling data protection for any existing asset, app, or chain, Namada introduces shielded cross-chain actions and rewards for shielding your assets, which strengthens data protection guarantees for everyone. Namada is currently in its mainnet launch phase — follow along on namada.net -- Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii -- Follow Sreeram: https://x.com/sreeramkannan Follow Jason: https://x.com/JasonYanowitz Follow Mike: https://x.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH -- Timestamps: (0:00) Introduction (2:27) Addressing the Eigen Labs Airdrop Controversy (10:42) Dealing With A Rapid Rise to Prominence (17:24) Namada Ad (18:23) Why Was Eigen Labs Not Upfront About the List? (22:28) Working Closely With the Ethereum Foundation (30:52) Avoiding Conflicts of Interest in the Crypto Industry (32:15) What Changes Is EigenLayer Making Internally? (35:27) Have Eigen Labs Employees Been Claiming Airdrops? (37:23) Upcoming Developments in the EigenLayer Ecosystem (58:57) How Permissionless Tokens Impact Security Preferences (1:03:20) The Need for More Disclosures in Crypto -- Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In this week’s episode, the gang is back together. Michael’s 1 and 2, Jason, and Vance dive straight in to discuss the Grayscale Spot Bitcoin ETF Ruling. The guys then review where we are in the crypto cycle, and touch on Uniswap’s lawsuit dismissal and StarkWare’s wallet plunder. The fellas finish out on a ‘Hot Takes’ segment, where the guys get spicy on macro! - - Timestamps: (00:00) Introduction (00:35) Grayscale Spot Bitcoin ETF Ruling (06:04) “Permissionless Promotion” (06:57) Greyscale Spot Bitcoin ETF Ruling (29:44) Cryptos Cyclical Framework (33:14) Uniswap Lawsuit Dismissal (40:26) Dianne Feinstein Lawsuit (41:36) StarkWare Wallet Fiasco (46:26) Hot Takes Segment - - Follow Mike: https://twitter.com/MikeIppolito_ Follow Jason: https://twitter.com/JasonYanowitz Follow Vance: https://twitter.com/pythianism Follow Michael: https://twitter.com/im_manderson Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH -- Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/ -- Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Resources: Grayscale Ruling: https://blockworks.co/news/grayscale-sec-spot-bitcoin-etf Uniswap Lawsuit Dismissal: https://blockworks.co/news/uniswap-class-action-dismissed - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

Season 5 | Episode 8 In this week's episode of Bell Curve, we are joined by Lucas Bruder, Founder of Jito Sol, and Xavier, Chief Investment Officer of Chorus One, two key builders in the Solana ecosystem. The conversation delves into the complexities of staking in Solana versus Ethereum, exploring different validator revenue models and the growth trajectory of liquid staking on Solana. They discuss JitoSOL's unique yield advantages, native token design impacts on staking, delegation strategies, and the potential of capturing MEV value. - - Timestamps: (00:00) Intro: Pre-Interview (02:02 “Permissionless Ad” (02:57) Interview Start: Lucas & Xavier (03:52) Solana VS Eth Liquid Staking (14:54) Validator Revenue Models (22:14) Solana Liquid Staking Growth (35:02) Impacts of Native Token Design (40:55) Solana LST Delegation Strategies (51:29) JitoSOL Yield Advantage (1:02:52) Capturing MEV Value (1:08:23) State of Solana DeFi (1:11:41) Recap: Post-Interview - - Follow Lucas: https://twitter.com/buffalu__ Follow Xavier: https://twitter.com/0xave?lang=en Follow Aidan: https://twitter.com/aidan0x Follow Myles: https://twitter.com/MylesOneil Follow Mike: https://twitter.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Resources: Chorus One Validator Economics https://medium.com/chorus-one/exploring-validator-economics-on-solana-cb1498a3aef6 How POS Networks Nurture Decentralization by Felix L https://chorus.one/articles/how-can-proof-of-stake-networks-nurture-decentralization - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In this week’s episode, Mike, Jason, and Vance kick things off with a thorough breakdown of ‘Friend.Tech’. The guys then go on to talk Base and the future of L2’s, ETH’s ultimate value accrual, and touch on the discussion around Tendermint for StarkNet. We then review the DOJ/Tornado Cash charge and arrest. To close, we discuss the GOP debate, NVIDIA Q2 Earnings, EigenLayer’s new LST cap increase, and more! - - Timestamps: (00:00) Introduction (01:57) Friend.Tech (12:19) Aerodrome Base DEX (19:48) Base & Future L2 Business Models (25:01) Where is ETHs Value Accrual? (28:47) Tendermint for StarkNet (34:14) DOJ Tornado Cash Charge Update (41:24) Pop Culture Round Up (43:33) 2024 GOP Debate Review (48:48) NVIDIA Q2 Earnings (55:39) EigenLayer’s New LST Cap Increase (58:36) USDC: Circle Update - - Follow Mike: https://twitter.com/MikeIppolito_ Follow Jason: https://twitter.com/JasonYanowitz Follow Vance: https://twitter.com/pythianism Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH -- Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/ -- Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Resources: DOJ/Tornado Cash https://blockworks.co/news/roman-semenov-tornado-cash-ofac-list Friend.Tech https://blockworks.co/news/friend-tech-financialization-goldentre EigenLayer LST Cap increase https://bitly.ws/T8dC - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

We're joined by Kyle Samani, the co-founder of Multicoin Capital and one of crypto's most independent thinkers. In this episode, we cover why "monolithic L1s" is a misnomer, the value of global state, how a protocol establishes moats, why DePIN is finding product-market fit, how Kyle synthesizes new ideas and more! - - Timestamps: (00:00) Introduction (00:34) The Modular vs Monolithic Debate (07:43) Bootstrapping Communities (09:17) A Case for Rollups and Appchains (15:33) The Value of Composability and Globally Shared State (23:22) Crypto’s Moats, Meat Space and the Saga Phone (28:38) Don’t Sleep on DePIN (45:11) Spatial Computing and New Form Factors (53:42) Kyle’s Thinking Process (57:49) Zero Knowledge Proof Use Cases (01:04:21) How Kyle Cultivated His Communication Style (01:06:03) Advice for Founders - - Although our guests this week are managing partners of a registered investment adviser, nothing in this podcast should be considered an offer of Multicoin’s investment advisory services or should otherwise be confused for investment, tax, legal or other financial advice. - - Follow Kyle: https://twitter.com/KyleSamani Follow Mert: https://twitter.com/0xMert_ Follow Garrett: https://twitter.com/GarrettHarper_ Follow Lightspeed: https://twitter.com/Lightspeedpodhq Subscribe on YouTube: https://bit.ly/43o3Syk Subscribe on Apple: https://apple.co/3OhiXgV Subscribe on Spotify: https://spoti.fi/3OkF7PD Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - - Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Resources: Multicoin Capital https://multicoin.capital/ Unlocking Payments Over Crypto Rails https://multicoin.capital/2022/12/08/unlocking-payments-over-crypto-rails/ Stratechery (Ben Thompson) https://stratechery.com/ - - Disclaimers: Lightspeed was kickstarted by a grant from the Solana Foundation. Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.

Season 5 | Episode 7 In this episode of Bell Curve, Mike and Myles are joined by Sam Kazemian, Founder of Frax Finance. They explore FRAX's innovative journey from decentralized stablecoin to Liquid Staking Tokens (LSTs) and Liquid Staking Derivatives (LSDs). Sam shares insights into the algorithmic stability mechanism, decentralizing trust, DeFi domination plan, and FRAX V2 decentralization. -- Timestamps: (00:00) Intro: Pre-Interview (02:07) Interview Start: Sam Kazemian (02:36) The Evolution of Frax (11:21) Frax Products (17:29) Frax Thesis (23:34) The Frax Global Domination Play (30:22) Frax V2 & Liquid Staking Future (42:24) Frax Liquid Staking Economics (46:09) Frax Chain Vision (53:03) Recap: Post-Interview - - Follow Sam: https://twitter.com/samkazemian Follow Myles: https://twitter.com/MylesOneil Follow Mike: https://twitter.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Resources: Frax Finance https://frax.finance/ frxETH V2 https://medium.com/coinmonks/introducing-frxeth-v2-the-evolution-of-decentralized-lending-markets-and-stablecoins-142b52b5f81e - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In today’s episode, Mike and Michael discuss all things Stables and more! The guys kick things off with PayPal, discussing their PYUSD Stablecoin launch and what it means for the wider ecosystem and future Stablecoin market structure. We then take a closer look at Coinbase’s Q2 earnings, before touching on future Rollup value accrual. We then close with a Ripple update, Cantina (Web3’s security marketplace), the endgame for Stablecoins, and more! - - Timestamps: 00:00) Introduction (02:21) PYUSD: PayPal stablecoin (07:10) Future Stablecoin Market Structure (11:04) Coinbase Update (24:12) Portnoy's Barstool Sports $1 Buy Back  (25:43) Rollup Value Accrual (44:16) Ripple XRP Update (49:37) Web3 Security Marketplace: Cantina (54:43) News-to-price Incongruities (57:48) The Stablecoin Endgame - - Follow Michael: https://twitter.com/im_manderson Follow Mike: https://twitter.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH -- Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/ -- Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Resources: PYUSD: PayPal stablecoin: https://www.paypal.com/us/digital-wallet/manage-money/crypto/pyusd Coinbase earnings: https://blockworks.co/news/crypto-stocks-stumble-earnings - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

Season 5 | Episode 6 In this episode of Bell Curve, Mike and Myles are joined by Aidan, co-founder of Stride labs, and Felix, the Godfather of Liquid Staking. Today they explore the nuances of Liquid Staking across the Cosmos & Ethereum ecosystems. They also dig into the relationship of liquid staking & professional validators, the liquid staking module user flow with NFTs, and solving the principle agent problem. -- Timestamps: (00:00) Intro: Pre-Interview (02:02) “Permissionless Ad” (02:57) Interview Start: Felix & Aidan (04:04) The Godfather of Liquid Staking (08:15) Liquid Staking: A Force for Decentralization (12:27) LSTs Thriving in Eth First (16:44) Liquid Staking & Professional Validators (25:01) Decentralizing Eth Validator Set (37:45) Ossifying Ethereum Protocol (42:03) Minting Liquid Staking Tokens (51:50) Staking Module Risk Parameters (57:53) Principle Agent Mitigation (1:04:37) Liquid Staking Module User Flow (1:15:39) Recap: Post-Interview - - Follow Felix: https://twitter.com/FelixLts Follow Aidan: https://twitter.com/aidan0x Follow Myles: https://twitter.com/MylesOneil Follow Mike: https://twitter.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Resources: Felix Liquid Staking Blog Post https://medium.com/chorus-one/delegation-vouchers-cfb511a29aac Stride Labs https://www.stride.zone/ Jon Charbonneau "Endgame: Proof of Governance" https://dba.mirror.xyz/UTPfxWe65dYrUu_RJX-5VkAJypFRyw3AZh6m0dRXYZk - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In today’s episode, Mike and Myles dive deep on Curve’s $70M exploit, deconstructing DEX design frameworks, and reviewing the wider ecosystem consequences of vulnerable chain infrastructure. We then move on to assess Coinbase's L2 'Base' launch and touch on meme coin of the week, BALD, hitting $100M+ market capitalization in under 48 hours! The guys also think through network effect accrual before discussing Barnabé Monnot’s PEPC, an enshrined protocol gadget, and close out on Coinbase’s optimistic Q2 Earnings! - - Timestamps: (00:00) Introduction (00:26) “Permissionless Ad” (01:22) Introduction (02:44) $70M Curve Exploit  (07:43) DEX Architecture  (20:41) Wider Ecosystem Consequences & Chain Design Learnings (23:46) Base Launch Review  (25:49) Network Effect Accrual: Network Execution, Data Availability or Settlement Layer? (54:22) PEPC: Protocol-Enforced Proposer Commitments (1:13:42) Coinbase Q2 Earnings  - - Follow Michael: https://twitter.com/im_manderson Follow Myles: https://twitter.com/MylesOneil  Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH -- Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/ -- Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Resources: PEPC FAQ: https://efdn.notion.site/PEPC-FAQ-0787ba2f77e14efba771ff2d903d67e4?pvs=4 Coinbase earnings: https://blockworks.co/news/crypto-stocks-stumble-earnings - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

Season 5 | Episode 5 In this episode of Bell Curve, Mike and Myles are joined by adcv, chef at Steakhouse Financial, and Vance, Bell Curve RU Host & Framework Ventures co-founder. Zooming out, the team dives into the business approaches for MakerDAO and Lido. They explore value accrual for both protocols, the strategic directions, business models, and their endgame. - - Timestamps: (00:00) Intro: Pre-Interview (01:46) “Permissionless Ad” (02:42) Interview Start: Adrian & Vance (04:11) Liquid Staking for the Layman (13:30) End Game for Maker DAO & Lido (24:13) Governance Over Processes  (26:11) Liquid Staking as a Service (40:18) LST Indices (44:31) The Future of Staking Router  (49:53) Revenue Growth for Lido (54:51) Lido Bribe Fee Model (1:04:54) Recap: Post-Interview - - Follow adcv: https://twitter.com/adcv_ Follow Vance: https://twitter.com/pythianism Follow Myles: https://twitter.com/MylesOneil Follow Mike: https://twitter.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Resources: Steakhouse Financial https://twitter.com/steakfi ADCV Liquid Staking as Banks https://www.adcv.xyz/steth-is-the-decentralized-reserve-currency/ - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In today’s episode, the fellas take a wide view on the industry, starting with a review on Paris EthCC, Apps vs Infrastructure, and the future of interoperability standards. We also discuss the launch of Worldcoin, why it’s important and what problems it may present. The conversation then turns to AI, the future of Twitter, Crypto regulation, and 2024 Presidential nominees. Enjoy! - - Follow Jason: https://twitter.com/JasonYanowitz Follow Mike: https://twitter.com/MikeIppolito_ Follow Michael: https://twitter.com/im_manderson Follow Vance: https://twitter.com/pythianism Subscribe on YouTube: https://tinyurl.com/4fdhhb2j Subscribe on Apple: https://tinyurl.com/mv4frfv7 Subscribe on Spotify: https://tinyurl.com/wbaypprw Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - - Resources: Worldcoin https://worldcoin.org/home --  Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 --  (00:00) Introduction (02:52) Paris EthCC (08:41) Apps vs Infrastructure (13:32) Interoperability Standards (17:23) DeFi 1.0, Liquid Staking, Derivatives, Stablecoins, & Spot Exchange (19:52) Trading Bitcoin, Apple, & Snapchat & the Knowledge of Hindsight (23:19) Bridges as Inventory Solutions (30:03) Worldcoin Update (36:00) AI vs Worldcoin Proof-of-Personhood (39:11) AI’s Impact on COGS (44:17) Gen Z’s Demand for Private Channels (45:39) Future of Twitter/X (49:52 Crypto Regulation Update (59:16) 2024 Presidential Nominee Review — Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

In this episode, Alex Thorn from Galaxy Research, and Nic Carter from Castle Island Ventures joined us to discuss Operation Choke Point 2.0! We covered who’s involved in Operation Choke Point 2.0, Bharat Ramamurti’s influence on crypto policy in the United States, and how policy will vary between a Harris presidency and a Trump presidency. Additionally, we dove into the effectiveness of Operation Choke Point 2.0, and how we can advocate for our industry. Finally, we talked about the impact election odds have on crypto markets. Thanks for tuning in! -- Resources “Kamala Harris will continue crypto crackdown” Alex Thorn’s Thread: https://x.com/intangiblecoins/status/1823338570104352884 Cooper & Kirk - Operation Choke Point 2.0: The Federal Bank Regulators Come For Crypto: https://www.cooperkirk.com/wp-content/uploads/2023/03/Operation-Choke-Point-2.0.pdf Stand With Crypto: https://www.standwithcrypto.org/ -- Sei Labs believes the EVM is here to stay. By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications. Visit https://www.sei.io/ to find out more -- Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii -- Follow Nic: https://x.com/nic__carter Follow Alex: https://x.com/intangiblecoins Follow Mike: https://x.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH -- Timestamps: (0:00) Introduction (2:44) Operation Choke Point 2.0 (6:42) Who's Involved In Operation Choke Point 2.0? (15:59) Sei Ad (16:42) Bharat Ramamurti's Anti-Crypto Stance (28:29) Crypto Policy Under Harris vs Trump (36:26) How Can We Advocate for the Crypto Industry? (43:37) Operation Choke Point 2.0s Effectiveness (52:03) Election Odds and Their Impact on Crypto Markets -- Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

Season 5 | Episode 4 In this episode of Bell Curve, Mike and Myles are joined by Eigen Layer Founder Sreeram Kannan. They dive into Eigen layer's supply & demand sides, its interactions with Ethereum restaking, and the team's vision for the end game of Ethereum LSTs and restaking. - - Timestamps: (00:00) Intro: Pre-Interview (01:33) Interview Start: Sreeram (02:19) High Level Eigen Layer Overview (13:59) Supply & Demand Sides of Eigen Layer (14:23) “Permissionless Ad” (15:18) Supply & Demand Sides of Eigen Layer (26:06) Eigen Layer & Ethereum Restaking (37:24) Eigen Layer Demand Side (45:00) Vote Extensions & Proposal Commitments (49:15) Ethereum Restaking Prediction (55:20) Role of Eigen Layer Governance in Restaking (1:12:53) Eigen Layer & Liquid Staking (1:22:03) Future of Validator Services (1:31:05) Recap: Post-Interview - - Follow Sreeram: https://twitter.com/sreeramkannan Follow Myles: https://twitter.com/MylesOneil Follow Mike: https://twitter.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Resources: Eigen Layer https://www.eigenlayer.xyz/ https://twitter.com/eigenlayer https://forum.eigenlayer.xyz/ Witness Chain (Proof of Decentralization) https://witnesschain.com/ Vitalik Account Abstraction Talk EthCC https://www.youtube.com/watch?v=iLf8qpOmxQc - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In today's episode special edition cross-over episode Jason and Santi are joined by Michael, Co-founder at Framework Ventures and Co-host of the Bell Curve podcast. They cover EthCC Account Abstraction takeaways, Infinex, UniswapX, Chainlink CCIP & LayerZero, the VC landscape and MUCH much more.  - - Follow Santi: https://twitter.com/santiagoroel Follow Jason: https://twitter.com/JasonYanowitz Follow Empire: https://twitter.com/theempirepod Subscribe on YouTube: https://tinyurl.com/4fdhhb2j Subscribe on Apple: https://tinyurl.com/mv4frfv7 Subscribe on Spotify: https://tinyurl.com/wbaypprw Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - - Resources UniswapX https://twitter.com/Uniswap/status/1680955621343129600 Infinex https://twitter.com/DefiantNews/status/1679838219201028097 Chainlink CCIP https://twitter.com/chainlink/status/1680970793331613697 Celo Move to L1 https://blockworks.co/news/celo-return-home-ethereum --  Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 --  (00:00) EthCC (03:46) Account Abstraction & Crypto UX (06:48) Infinex: The CEX Killer? (10:25) UniswapX Release (17:19) Chainlink CCIP (27:43) LayerZero vs Chainlink (31:04) Policy Episode Takeaways (36:23) Thales (37:19) Kwenta (38:15) CoinDesk Acquired (41:25) Sequoia Shakes Up Crypto Arm (48:24) Crypto VC Competitive Landscape (52:16) Crypto VC Strategies & Investment Practices (01:03:13) Most Important Factor for L1s (01:12:43) Celo Transition to Ethereum L2 — Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

This is an episode from Blockworks' new podcast Lightspeed! Lightspeed focuses on crypto projects that are pushing the limits of hardware and software to build first-class products. I'm dropping this Solana DeFi Panel episode here as I bet you'll want to add Lightspeed to your podcast lineup! Subscribe to Lightspeed by using the links below: Subscribe on YouTube: https://bit.ly/43o3Syk Subscribe on Apple: https://apple.co/3OhiXgV Subscribe on Spotify: https://spoti.fi/3OkF7PD Solana DeFi is having a resurgence, and Solana DeFi Summer is a narrative that's starting to emerge. What's the catalyst behind this resurgence, and is it sustainable? We bring on Jarry Xiao, Lucas Bruder and MacBrennan Peet to find out. We discuss why Solana DeFi is seeing a resurgence, token incentives, CLOBS vs AMMs, metrics that define a healthy ecosystem, what's next for Solana DeFi, liquid staking and more. - - Timestamps: (00:00) Introduction (01:15) What’s Going on in Solana DeFi? (05:02) Token Incentives and Points (14:24) What Will Spark Solana's DeFi Summer? (15:56) Capital Efficiency: CLOBS vs AMMs (16:13) Is Solana a Consumer or Professional DeFi Chain? (25:46) The Best Metrics to Evaluate a DeFi Ecosystem (34:49) Jito Liquid Staking ad (35:55) Permissionless ad (36:55) Understanding Risk and Avoiding Crazy APYs (41:08) What’s Next for Solana DeFi? (44:10) Building on Solana vs L2s (50:41) Applications vs L1s: Who Owns the User Mindshare? (53:12) Who Will Use DeFi? (56:23) Your Most Controversial Crypto Take (01:09:09) Rapid Fire - - This episode is brought to you by Jito. Jito is the easiest way to earn MEV rewards on Solana with liquid staking. Stake your SOL with Jito to start earning high yield powered by MEV and access instant liquidity through Jito’s liquid staking token JitoSOL so that you can use your staked assets across Solana DeFi. Visit jito.network to get started today! - - Follow Lucas:https://twitter.com/buffalu__ Follow Jarry: https://twitter.com/jarxiao Follow Macbrennan: https://twitter.com/macbrennan Follow Mert: https://twitter.com/0xMert_ Follow Garrett: https://twitter.com/GarrettHarper_ Follow Lightspeed: https://twitter.com/Lightspeedpodhq Subscribe on YouTube: https://bit.ly/43o3Syk Subscribe on Apple: https://apple.co/3OhiXgV Subscribe on Spotify: https://spoti.fi/3OkF7PD Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - - Use code LIGHTSPEED30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Resources Jito jito.network MarginFi https://www.marginfi.com/ https://twitter.com/marginfi Ellipsis Labs https://ellipsislabs.xyz/ https://twitter.com/ellipsis_labs Phoenix https://twitter.com/PhoenixTrade_ - -  Disclaimers: Lightspeed was kickstarted by a grant from the Solana Foundation. Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.

Season 5 | Episode 3 In this episode of Bell Curve, we are joined by a duo of special guests: Izzy, Lido Head of Validators, and Oisín, Co-founder of Obol Labs. Today's show dives into the current state of solo staking, distributed validator technology, the impacts of a staking router, and the future of Lido protocol. - - Timestamps: (00:00) Intro: Pre-Interview (01:27) Interview Start: Izzy & Oisín (02:22) The State of Solo Staking (07:37) The Importance of Decentralization (11:33) What is DVT? (20:02) Reducing Hardware & Capital Requirements (34:34) “Permissionless Ad” (35:29) Impacts of a Staking Router (46:08) The Diversity of Modules (59:12) Lido Fee Markets & Governance Responsibility (1:07:41) How Permissionless Can Validators Get? (1:11:16) The Intersection of Liquid Staking & Restaking (1:26:04) Recap: Post-Interview - - Follow Izzy: https://twitter.com/IsdrsP Follow Oisín: https://twitter.com/OisinKyne Follow Myles: https://twitter.com/MylesOneil Follow Mike: https://twitter.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Resources: Obol Network https://obol.tech/ https://twitter.com/ObolNetwork - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

Uncommon Core - one of my favorite podcasts of all time - is back! This reboot is hosted by Hasu and Jon Charbonneau, two of the brightest minds in crypto. We are dropping their first episode here to share the news and because you’ll want to add this show to your podcast lineup! __ In this episode, we explore Jon’s journey into crypto and our mutual passion for research and the writing process. We then give an overview of the key areas of crypto infrastructure today. Finally, we zoom into rollup decentralization roadmaps, and Jon shares a controversial new thesis about sequencer decentralization. __ Timestamps: (00:00) Intro (02:42) Interview start (03:44) Jon's work week (08:04) ChatGPT & writing (10:57) Jon's start in crypto (14:45) How to pick things to work on (17:08) Outsider's perspective on crypto (19:05) Jon's research process (22:00) Jon's proudest moment in crypto (23:06) Crypto Infrastructure overview (29:58) Why crypto infrastructure is interesting (35:57) Rollup decentralization overview (42:44) Challenges decentralizing the sequencer (47:46) Ethereum vs Cosmos approach to governance & decentralization (53:35) User ability to opt out (56:37) Staking vs. governance deciding sequencers (01:08:31) L3s (01:13:34) Superchain (01:16:38) Summary of rollup decentralization (01:21:08) Outro __ Hasu - https://twitter.com/hasufl Jon Charbonneau - https://twitter.com/jon_charb UCC2 - https://twitter.com/UCC2_xyz Website - https://ucc2.xyz __ Disclaimer: The material and information presented in this podcast is for general informational purposes only and should not be considered investment advice. The views, thoughts, and opinions expressed in this podcast are solely those of the speakers and are not the views of any entity or other person with whom the speaker is affiliated, including, without limitation, DBA Crypto, LLC. The “DBA Crypto” name and all forms thereof are the sole property of its owner, and its use does not imply endorsement of or opposition to any specific organization, product, or service.

In today’s episode, the guys reflect on the previous 12 months and take a temperature check on where we’re at in the current cycle. We also discuss the latest use case for RWA on-chain lending, with the Patek Philipe NFT loan, the recent new feature releases from Coinbase, and the potential for bipartisan crypto support on The Hill. We finish up reviewing the current seed stage climate, the death of the AI hype, and more!  - - Timestamps: (00:00) Introduction (01:01) SEC vs XRP Review (09:33) Are We Experiencing a Sentiment Shift? (12:50) RWA On-Chain Lending Use Case: Patak Philipe NFT Loan  (18:36) Current Investment Thesis  (20:31) Year In Review & Changing Narratives (25:18) Coinbase News: L2 Base Launch & New Wallet-to-wallet Messaging  (28:42) Bipartisan Crypto Support? (31:08) Future of Token/Equity Mix (32:01) Arkham Self-Sabotage? (33:05) Seed Stage Climate (34:48) Is the Pivot to AI Dead? - - Follow Jason: https://twitter.com/JasonYanowitz Follow Michael: https://twitter.com/im_manderson Follow Vance: https://twitter.com/pythianism Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH -- Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/ -- Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Resources: Coinbase: Introducing Base https://www.coinbase.com/blog/introducing-base Coinbase: Wallet Messaging https://www.coinbase.com/blog/say-gm-with-messaging-on-coinbase-wallet - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

Season 5 | Episode 2 In this episode of Bell Curve, we are joined by previous Bell Curve Host, Hasu. Serving as Strategic Advisor for Lido DAO Hasu shares his unique perspective on the current state of Liquid Staking Derivatives (LSDs), Lido Protocol's history & decentralization efforts, LSD winner-take-all market structure, and co-opetition & restaking risks. - - Timestamps: (00:00) Intro: Pre-Interview (02:00) Interview Start (02:39) The State of Liquid Staking (09:09) The History of Lido (19:58) The Evolution of LSD Market Structure (42:17) Checks & Balances for Lidool (53:14) The Current State of Lido Protocol (1:02:37) Lido: The Winner Taking All (1:10:18) Restaking & Co-opetition  (1:27:09) Recap: Post-Interview -- Follow Hasu: https://twitter.com/hasufl Follow Myles: https://twitter.com/MylesOneil Follow Mike: https://twitter.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Resources: Dune Dashboard on LSD Market Structure https://dune.com/maverick_cap/lsd-tracking Sasha - Cosmos Booklet for Governance Decisions https://twitter.com/culturalobjects/status/1541934637907329029?s=20 Vitalik - "The Bitcoin Maximalist" April 1st Publish https://vitalik.ca/general/2022/04/01/maximalist.html - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In today’s episode Mike is joined by Blockworks Analysts team members, Dan and Westie. The guys breakdown airdrop functionality and future liquidity provisions. We also discuss what the future of Solana and the development of DEXs within its ecosystem. The conversation then turns to LSDs, with our Analyst Westie breaking down leverage staking, AMM liquidity, LSD baskets, LSD-backed stables, and interest rate derivatives. We then close out on the continued Azuki drama, the wider NFT impacts, what’s in store for DeFi, Lido's stETH Treasury approval and more! - - Timestamps: (00:00) Introduction (00:46) Airdrops Functionality & Liquidity Provisions  (18:40) Solana’s Future (30:10) The State of LSDs (39:55) Azuki Update & Wider NFT Impact (50:21) DeFi 1.0 & Future Development (1:00:59) Lido's stETH Treasury Approval - - Follow Mike: https://twitter.com/MikeIppolito_ Follow Dan: https://twitter.com/smyyguy Follow Westie: https://twitter.com/WestieCapital Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH -- Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/ -- Use code PODS20 to get 20% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Resources: 1000x podcast https://spoti.fi/436lDlG https://blockworks.co/podcast/0xresearch - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

Season 5 | Episode 1 Welcome to Season 5 of Bell Curve, where we will explore the end game for liquid staking. In this episode, Mike and Myles explore the major themes that we'll be covering this season. We discuss the history of proof-of-stake and liquid staking, how LSTs are a network effects game, why LST protocol governance is a highly debated topic, the risks of restaking, the LST competitive landscape and more! - - Timestamps: (00:00) Introduction (02:14) The History of PoS and LSTs (09:42) A Market Structure Dominated by Network Effects (17:46) LST Protocol Governance (25:42) The Principal-Agent Problem (28:56) Restaking: The Design and Risks (37:07) The LST Competitive Landscape - - Follow Myles: https://twitter.com/MylesOneil Follow Mike: https://twitter.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - Resources: Bankless restaking episode https://spoti.fi/3CW3dJI Don't Overload Ethereum's Consensus (Vitalik) https://vitalik.ca/general/2023/05/21/dont_overload.html Felix's 2019 liquid staking blog post https://medium.com/chorus-one/delegation-vouchers-cfb511a29aac - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In today's episode, the fellas discuss how onchain RWAs (real-world assets) will transform DeFi. We also cover Prime Trust's implosion, regulated DeFi, Azuki's controversial NFT mint, why Corporate VCs fail, the recent token delistings and more! - - Timestamps: (00:00) Introduction (0:56) Prime Trust Implodes (15:36) Debating Onchain RWAs (34:04) Azuki’s New Collection and NFT Business Models (43:17) AI Sexting, GPUs and Corporate VCs (50:37) Alts and Token Delistings (58:02) RFK and BTC Politics - - Follow Michael: https://twitter.com/im_manderson Follow Mike: https://twitter.com/MikeIppolito_ Follow Jason: https://twitter.com/JasonYanowitz Follow Vance: https://twitter.com/pythianism Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH -- Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/ -- Use code PODS20 to get 20% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Resources: 1000x podcast https://spoti.fi/436lDlG Acquired's LVMH episode https://spoti.fi/44lNvn1 - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In this episode, we’re joined by Jim Parillo from Figment Capital! This week we discuss the success of prediction markets, conflicts of interest in crypto today, and the importance of self policing our industry. Additionally, we question how transparent crypto really is compared to traditional finance. Finally, we dive into the way advisory roles have mutated in crypto, and the pains that come along with rapid growth. Thanks for tuning in! -- Resources EigenLayer’s Response to the Coindesk Article: https://x.com/eigenlayer/status/1824175022308724749 Coindesk: Top Crypto Startup Drove Other Projects’ Airdrops to its Employees: https://x.com/CoinDesk/status/1824067033350258815 Hasu’s Take on the Adoption of Prediction Markets: https://x.com/hasufl/status/1820818054621622673 -- Namada is the shielded asset hub rewarding you to protect the multichain. Enabling data protection for any existing asset, app, or chain, Namada introduces shielded cross-chain actions and rewards for shielding your assets, which strengthens data protection guarantees for everyone. Namada is currently in its mainnet launch phase — follow along on namada.net -- re.al is the permissionless L2 for tokenized RWAs built on Arbitrum Orbit, and the first L2 to return chain and protocol fees back to users, in the form of reETH, ensuring users benefit from ecosystem growth! re.al has just launched a fully-transparent rewards (points) program returning 10% of $RWA supply to early users. Not investment advice or product solicitation and not aimed at US persons. Use the following code to get started: https://re.al/rewards/airdrop/O4UNU -- Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii -- Follow Figment Capital: https://x.com/FigmentCapital Follow Jim: https://x.com/VelvetMilkman Follow Mike: https://twitter.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Timestamps: (0:00) Introduction (5:12) Venture Capital & the Apps vs Infrastructure Meta (19:25) The Success of Prediction Markets (30:36) Namada Ad (31:35) Re.al Ad (32:34) Conflicts of Interest in Crypto Today (43:33) Is Crypto Really More Transparent Than TradFi? (48:43) The Importance of Self Policing in Crypto (58:59) How Crypto Mutated Advisory Roles (1:01:52) Rapid Growth and the Pains That Come With It (1:07:33) Go Touch Grass -- Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

In today's episode, the fellas discuss what a Blackrock BTC ETF would mean for crypto, why you should watch BTC's dominance, if NFTs will make a comeback, Binances L2 and more! - - Timestamps: (00:00) Introduction (02:24) BTC ETF Filings & The Clash of Narratives (24:33) “Valora Ad” (25:31) Who Will Trade on EDX Markets? (33:11) SAP’s Announcement: Cross-Border USDC Payments (40:49) The Ethscriptions Thesis (45:46) Will NFTs Make a Comeback? (52:02) Binance’s L2 Announcement - - Follow Michael: https://twitter.com/im_manderson Follow Mike: https://twitter.com/MikeIppolito_ Follow Jason: https://twitter.com/JasonYanowitz Follow Vance: https://twitter.com/pythianism Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - This episode is brought to you by Valora. Valora is a self-custody, mobile-first wallet... and the easiest way to send, swap, collect and purchase digital goods on the Celo blockchain. Download the app and start exploring today at valoraapp.com/empire. - - Resources: SAP USDC blog post https://blogs.sap.com/2023/06/15/cross-border-payments-made-easy-with-digital-money-experience-the-future-today/ - - Disclaimer: Nothing said on Bell Curve or Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In today's episode, the fellas discuss Uniswaps v4 announcement, whether demand will stay on mainnet vs L2s, our bullish market outlook, why everyone's watching Curve's 3Pool and the (potential) decimation of private equity markets.  - - Timestamps: (00:00) Uniswap v4: The Design and Speculation (09:39) Demand for Mainnet for L2 Blockspace (19:07) Market Sentiment: 2019 vs 2023 (31:01) The Prometheum Charade (47:56) Curve 3Pool USDT FUD (54:09) The Nasdaq Decoupling & Decimation of Private Equity - - Follow Michael: https://twitter.com/im_manderson Follow Mike: https://twitter.com/MikeIppolito_ Follow Jason: https://twitter.com/JasonYanowitz Follow Vance: https://twitter.com/pythianism Follow Myles: https://twitter.com/MylesOneil Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - Resources Matt Walsh Prometheum Twitter thread https://twitter.com/MattWalshInBos/status/1669061636953366528 Danielle DiMartino on Forward Guidance https://spoti.fi/3qOxaZH - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In today's episode, the fellas debate the SEC's attack on crypto, what's in store for Uniswap v4, if a protocol could vampire attack Lido, the US crypto exodus and more! - - Timestamps: (00:00) Introduction (02:28) SEC Sues Binance and Coinbase (14:08) Uniswap v4, Compound vs Aave & LSTs (23:09) L2 Momentum & Vampire Attacking Lido (31:18) The Exodus to Asia (38:38) Battling Apathy and Industry Sentiment (42:54) Chainlink Swift Partnership (48:13) Does DeFi Need Oracles? - - Follow Michael: https://twitter.com/im_manderson Follow Mike: https://twitter.com/MikeIppolito_ Follow Jason: https://twitter.com/JasonYanowitz Follow Vance: https://twitter.com/pythianism Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - Resources: DeFi Is Broken (Dan Elitzer) https://twitter.com/delitzer/status/1661755779240841222 - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In today's episode, the fellas debate if Uniswap should turn on the fee switch (this gets spicy), why the Lido FUD is overblown, the complexities of Rune's Endgame, crypto's risk-free rate and more!  - - Timestamps: (00:00) Introduction (01:15) Uniswap Fee Switch Debate (17:36) Lido FUD, stETH vs ETH & Network Effects (40:48) Rune’s Endgame Review (54:32) Does Crypto Have a Risk-Free Rate? (57:01) Jon Charb and CCTP (1:00:52) Work From Home vs In Office - - Follow Michael: https://twitter.com/im_manderson Follow Mike: https://twitter.com/MikeIppolito_ Follow Jason: https://twitter.com/JasonYanowitz Follow Vance: https://twitter.com/pythianism Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - Resources: Jon Charb's article on rollups https://dba.mirror.xyz/LYUb_Y2huJhNUw_z8ltqui2d6KY8Fc3t_cnSE9rDL_o - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

Season 4 | Bonus Episode In today's Bell Curve, we are joined by Stephane Gosselin, the founder of Flashbots and Frontier Research. We discuss why we need to reframe MEV, MEV burn, app-specific order flow auctions, user intents and EIP-4337, why centralized sequencers are fine, enshrined PBS and more! Stephane is a legend - you don't want to miss his unique insights.  - - Timestamps: (00:00) Introduction (01:58) Reframing MEV: From Allocation to Wealth Creation  (09:36) MEV Burn (12:37) The Evolution of DEX Architecture and MEV (22:44) Order Flow Auctions (27:30) The Case for Centralized Sequencers (38:56) Share Sequencers and Cross-Domain MEV (43:37) User Intents and Limitations of EIP-4337 (49:21) Block Building's Race to the Bottom (54:45) Optimistic Relays and Enshrined PBS (1:07:05) Frontier Research - - Follow Stephane: https://twitter.com/thegostep Follow Mike: https://twitter.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - Resources: Frontier Research https://frontier.tech/ MEV Utopia vs Dystopia by Stephane https://flashbots.mirror.xyz/bqCakwfQZkMsq63b50vib-nibo5eKai0QuK7m-Dsxpo Don’t Overload Ethereum’s Consensus by Vitalik https://vitalik.ca/general/2023/05/21/dont_overload.html - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In today's episode, we discuss Vitalik's new article and if L2s/restaking will lead to Ethereum's "too big to fail" moment. We also explore the similarities of AI and crypto, Paradigm's pivot, why large funding rounds kill optionality, if the fork rule is determined by apps vs the L1 and if a protocol should ever be ossified! - - Timestamps: (00:00) Introduction (01:08) AI Takeover: Nvidia, Regulation and Paradigm’s Pivot (18:12) Large Funding Rounds Remove Optionality (31:05) Don’t Overload Ethereum’s Consensus (41:57) EigenLayer’s Mechanics and Risks (56:22) Apps vs L1s: Who Chooses the Canonical Chain? (58:51) Protocol Ossification (1:08:20) Companies That Issue Tokens and Equity - - Follow Michael: https://twitter.com/im_manderson Follow Mike: https://twitter.com/MikeIppolito_ Follow Myles: https://twitter.com/MylesOneil Follow Bell Curve: https://twitter.com/thebellcurvepod Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - Resources: Vitalik's new article on restaking https://vitalik.ca/general/2023/05/21/dont_overload.html - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

Season 4 | Episode 8 In this episode, Mike and Hasu give a masterclass on MEV. They discuss their biggest takeaways from this season, what questions remain unanswered and where MEV markets will go next. You don't want to miss this epic recap of our journey through the dark forest. - - Timestamps: (00:00) Introduction (01:32) The Latency Death Blow and Optimistic Relays (09:37) MEV Burn: Hasu’s Changed His Mind (15:30) Risks of Fast Commitments (18:50) Shared Sequencer Tradeoffs (26:47) Overlap Between Cosmos AppChains and Rollups (34:31) “Rook Ad” (36:22) Why Privacy is Necessary (42:10) Exclusive Order Flow: Wallets vs Apps (59:2 0) User Intents Explained (1:04:19) Asymmetric Information and Suave (1:14:24) The Future of MEV - - Follow Hasu: https://twitter.com/hasufl Follow Mike: https://twitter.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - This episode is brought to you by Rook. Close to a billion dollars has already been taken out of users’ pockets through MEV. Rook built a solution that automatically drives this value back to where it belongs: with the users and applications that create it. If you use on-chain products, tell your wallet, favorite app and go-to node provider to use Rook; if you're a developer, message us today to find out how to integrate Rook with your product. Follow Rook on Twitter and them a message at https://twitter.com/Rook. - - Resources: The DAO run lemonade stand https://twitter.com/josephdelong/status/1540311662888161280 Jill Gunter https://twitter.com/jillrgunter I Pledge Allegiance https://spoti.fi/45udZ7p Vitalik's new article https://vitalik.ca/general/2023/05/21/dont_overload.html - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In today's episode, we discuss if protocols should distribute revenue to token holders. This debate was sparked by a Lido proposal for a token revenue share mechanism that now has all of Crypto Twitter debating the merits of revenue distribution, buyback and burn vs dividends, protocol treasuries and more. Tokenomics is a theme you can no longer ignore. We also discuss roadblocks at Stacks (a Bitcoin scaling solution), the viability of Bitcoin's blockspace for arbitrary use cases and Tether's new BTC buying program. - - This episode is brought to you by Valora. Valora is the easiest way to send, swap, collect, and grow your crypto on the Celo blockchain. Download the app and start exploring dapps like JumpTask today at valoraapp.com/empire. Sign up and use the code ‘HelloValora’ to get a 20% bonus after completing your first task in JumpTask!  - - Resources Lido revenue share proposal https://research.lido.fi/t/proposal-introducing-ldo-staking/4636 Hasu's Lido response https://research.lido.fi/t/proposal-introducing-ldo-staking/4636/25?u=hasu Alex's SNX thread https://twitter.com/thiccythot_/status/1659278056035348485 0xResearch hosted by Dan and Sam https://spoti.fi/3NlP1hA https://apple.co/3SNhUEt - - Follow Dan: https://twitter.com/smyyguy Follow Sam: https://twitter.com/swmartin19 Follow Mike: https://twitter.com/MikeIppolito_ Follow Myles: https://twitter.com/MylesOneil Follow Bell Curve: https://twitter.com/thebellcurvepod Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

Season 4 | Episode 8: In this episode of Bell Curve, we are joined by Quintus Kilbourn and Barnabé Monnot to discuss order flow auctions, proposer-builder separation (PBS) and the future of MEV. We start with a deep discussion on order flow auctions, application vs protocol layer designs and the implementation tradeoffs. Quintus and Barnabé then explain the risks of vertical integration and how we can build systems to mitigate these supply chain centralization points. We end with a discussion on enshrined PBS, off-chain infrastructure and the future of MEV. - - Timestamps: (00:00) Intro: Pre-Interview (04:11) MEV 2.0 (31:37) "Rook Ad" (33:29) MEV 2.0 (1:07:08) Recap: Post-Interview - - Follow Quintus: https://twitter.com/0xQuintus Follow Barnabé: https://twitter.com/barnabemonnot Follow Hasu: https://twitter.com/hasufl Follow Mike: https://twitter.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - This episode is brought to you by Rook. Close to a billion dollars has already been taken out of users’ pockets through MEV. Rook built a solution that automatically drives this value back to where it belongs: with the users and applications that create it. If you use on-chain products, tell your wallet, favorite app and go-to node provider to use Rook; if you're a developer, message us today to find out how to integrate Rook with your product. Follow Rook on Twitter and them a message at https://twitter.com/Rook. - - Resources: Barnabé's article on protocol credibility https://barnabe.substack.com/p/seeing-like-a-protocol Vitalik's article on the End Game https://vitalik.ca/general/2021/12/06/endgame.html PEPC https://ethresear.ch/t/unbundling-pbs-towards-protocol-enforced-proposer-commitments-pepc/13879 Eric Budish's article on batch auctions https://academic.oup.com/qje/article/130/4/1547/1916146 - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In today's episode, we discuss frameworks for valuing crypto projects. The fellas debate token buybacks vs dividends, fundamentals vs flows, protocol revenue vs supply-side revenue and how these factors impact investor valuation frameworks. We also explore activist crypto investing, jaredfromsubway's MEV strategy and more! - - Timestamps: (00:00) Introduction (01:59) Activist Investing: Aragon DAO  (13:34) Will TradFi Have a Luna Moment? (20:05) How to Value Tokens (33:06) Uniswap's Fee Switch & the Changing Liquidity Landscape (44:42) How Jared fromsubway.eth Eats Everyone’s MEV Lunch - - Follow Michael: https://twitter.com/im_manderson Follow Mike: https://twitter.com/MikeIppolito_ Follow Jason: https://twitter.com/JasonYanowitz Follow Vance: https://twitter.com/pythianism Follow Bell Curve: https://twitter.com/thebellcurvepod Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - Resources: Blockworks Podcast Producer application https://jobs.ashbyhq.com/Blockworks/236ee9e8-f4ea-47ac-9eb6-f95a44d6c93b Arbitrum proposal https://forum.arbitrum.foundation/t/distribution-of-dao-revenue-to-arb-token-holders/14412 Uniswap proposal https://gov.uniswap.org/t/making-protocol-fees-operational/21198 Robert Miller MEV thread https://twitter.com/bertcmiller/status/1656392876438462464 Relay Scan https://www.relayscan.io/ - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In this episode, Marc Zeller, the founder of Aave-Chan Initiative, joined us to discuss Aave and the state of DeFi today! We dive into Aave’s Umbrella safety module, competition between DeFi protocols, and concerns around WBTC. Additionally, Marc gives his thoughts on revenue distribution models in DeFi, the Minimum Viable Issuance debate, and whether or not DeFi is propping up Ethereum. Finally, we address the speculation around Aave potentially deploying on Solana. Thanks for tuning in! -- Resources Marc’s Aavenomics Update Proposal: https://x.com/lemiscate/status/1816469283624337413 Umbrella Safety Module Chart from Sonya Kim: https://x.com/sonyasunkim/status/1816820866501443839 Kain’s Take on DeFi: https://x.com/kaiynne/status/1821020189594669398 MakerDAO: WBTC Changes and Risk Mitigation: https://forum.makerdao.com/t/wbtc-changes-and-risk-mitigation-10-august-2024/24844 -- Namada is the shielded asset hub rewarding you to protect the multichain. Enabling data protection for any existing asset, app, or chain, Namada introduces shielded cross-chain actions and rewards for shielding your assets, which strengthens data protection guarantees for everyone. Namada is currently in its mainnet launch phase — follow along on namada.net -- Follow ACI: ​​https://x.com/Aavechan Follow Marc: https://x.com/lemiscate Follow Mike: https://x.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3M5eE6s -- Timestamps: (0:00) Introduction (4:30) How Should DAOs Be Managed? (13:44) Marc's Crypto Origin Story (15:39) Namada Ad (16:38) Overview of Aave (21:35) The Umbrella Safety Module (37:36) Should Protocols Redistribute Revenue to Token Holders? (43:25) Buy & Burn vs Buy & Distribute (48:04) The State of DeFi Today (51:42) Competition Between DeFi Protocols (56:39) Deploying on Rollups (1:07:15) Is DeFi Propping Up Ethereum? (1:11:33) The Minimum Viable Issuance Debate (1:20:17) Is Aave Coming To Solana? (1:24:36) WBTC Concerns -- Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

SPECIAL EPISODE: This is an episode of Blockworks' new podcast called 1000x! 1000x is a crypto markets podcast hosted by professional traders Avi Felman and Jonah Van Bourg that is for traders by traders (or anyone interested in trading/markets). In this episode, Avi and Jonah discuss Bitcoin's outlook and recent meme coin mania. We start with a discussion on Bitcoin and if bank failures are priced in, what it will take for BTC to break past the 30K range and if institutions are buying. Avi and Jonah then debate if we'll ever see 2021s perfect storm again. Meme coins are pumping, blockspace demand is saturated, and market sentiment is shifting. Is this a market turning point or just a short-term phenomenon? Tune in to find out! We'll drop a new 1000x episode on Empire's RSS feed and the 1000x YouTube channel every two weeks. Hit the links below and give us a follow! - - Timestamps: (00:00) Introduction (00:32) Are Bank Failures Priced In? (07:31) The Impact of a Potential US Default (12:51) Repeating 2021’s Perfect Storm (18:03) Meme Mania: Why You Should Pay Attention (31:30) Deflationary ETH and Blockspace Fee Generation (36:34) BTC Miner Revenue and BRC-20s - - Follow Avi: https://twitter.com/AviFelman Follow Jonah: https://twitter.com/jvb_xyz Follow 1000x: https://twitter.com/1000xPod Subscribe on YouTube: https://bit.ly/3FuSarX Subscribe on Apple: https://tinyurl.com/mv4frfv7 Subscribe on Spotify: https://tinyurl.com/wbaypprw Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - - Resources: Golden Tree https://www.goldentree.com/ Cumberland https://cumberland.io/ BRC-20.io https://brc-20.io/ - - Disclaimer: Nothing said on 1000x is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Avi, Jonah and our guests may hold positions in the companies, funds, or projects discussed.

Season 4 | Episode 7 Welcome to Bell Curve! In this episode, we are joined by Henry de Valence and Barry Plunkett to discuss MEV in Cosmos. Henry and Barry explain the negative implications of Ethereum's maximal extraction philosophy, the benefits of AppChain sovereignty (as demonstrated by Osmosis' ProtoRev Module), the importance of privacy in MEV, ABCI 2.0 and much more. Join us for this exciting deep dive into one of the most innovative ecosystems in crypto! - - Timestamps: (00:00) Introduction (03:03) Ethereum’s Maximal Extraction Philosophy (06:59) Cosmos vs Ethereum Validators (13:07) Penumbra: Public and Private State (26:01) Osmosis’ ProtoRev Module (36:20) “Rook Ad” (38:12) Cross-Domain MEV (45:11) The Tension Between Sovereignty and Interoperability (1:00:03) What is ABCI 2.0? (1:08:24) Threshold Encryption Challenges (1:13:08) The Privacy Tradeoff - - Follow Henry: https://twitter.com/hdevalence Follow Barry: https://twitter.com/BPIV400 Follow Hasu: https://twitter.com/hasufl Follow Mike: https://twitter.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - This episode is brought to you by Rook. Close to a billion dollars has already been taken out of users’ pockets through MEV. Rook built a solution that automatically drives this value back to where it belongs: with the users and applications that create it. If you use on-chain products, tell your wallet, favorite app and go-to node provider to use Rook; if you're a developer, message us today to find out how to integrate Rook with your product. Follow Rook on Twitter and them a message at https://twitter.com/Rook. - - Resources: Skip https://skip.money/ https://twitter.com/SkipProtocol Penumbra https://penumbra.zone/ https://twitter.com/penumbrazone - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In today's episode, we discuss Coinbase's earnings beat and Blur's new NFT lending product! Coinbase crushed revenue, meme coins are pumping and NFTFi is here. Is this all noise or have markets finally turned after the wild year? Tune in as we debate our market outlook, Blur and the financialization of NFTs, Curve's new crvUSD stablecoin, LST Summer and more! - - Follow Michael: https://twitter.com/im_manderson Follow Mike: https://twitter.com/MikeIppolito_ Follow Jason: https://twitter.com/JasonYanowitz Follow Vance: https://twitter.com/pythianism Follow Bell Curve: https://twitter.com/thebellcurvepod Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - Resources: GovHub https://twitter.com/JasonYanowitz/status/1654179131171512320 - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.