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11 - Going Bankless with Compound | Robert Leshner

11 - Going Bankless with Compound | Robert Leshner

FromBankless


11 - Going Bankless with Compound | Robert Leshner

FromBankless

ratings:
Length:
87 minutes
Released:
May 11, 2020
Format:
Podcast episode

Description

Episode: #11 May 11, 2020 Your savings account, your high-yield bank deposits, a CD. Can we replace these bank functions with a protocol?  Compound seems to think so. Compound is a two-sized money robot that provides borrowing and lending to create something new: interest. Learn what it does, why it's powerful, and how it's evolving as we talk with Robert Leshner. We even ask if there's a way for the community to get its hand on some Comp tokens and start shaping the future of the protocol. We cover: What you can do w/ Compound Power of programmable interest How Compound's different than: WellsFargo (traditional banks) Maker (other procotols) BlockFi (crypto banks) If crypto banks will out-compete DeFi How you can get COMP tokens Future of protocol politicians The protocol sink thesis Robert's biggest fear for DeFi How the Bankless community can help This is our final of three episodes in the "King Money Protocols Series" where we talk through the three most important DeFi protocols. Catch up on Episode 10 and Episode 9 if you missed them.    Before the episode begins we also talk about: Tron stealing our tax money What wBTC backing means for DAI ----- Tools from our sponsors to go bankless: Rocket Dollar - tax shelter your crypto ($50 w/ "BANKLESS") Monolith - holy grail of bankless Visa cards Aave - money lego for lending & borrowing DYDX - trade, margin, BTC perpetuals (10% off with this link) (trade.dydx.exchange/r/bankless) ----- Resources discussed: Compound protocol - interface Dharma - build on Compound Compound governance - interface Ryan's voting record - two votes! Read: How to get a Dai savings Rate - include Compound ----- Episode Actions: Try earning interest on Compound Stay tuned for governance opportunities: Here's how Bankless plans to govern Give Bankless a 5-star review on iTunes right now! ----- Subscribe to podcast on iTunes | Spotify | YouTube | RSS Feed Leave a review on iTunes Share the episode with someone you know! ----- Don't stop at the podcast! Subscribe to the Bankless newsletter program Visit official Bankless website for resources Follow Bankless on Twitter | YouTube Follow Ryan on Twitter Follow David on Twitter
Released:
May 11, 2020
Format:
Podcast episode

Titles in the series (100)

The Ultimate Guide to Crypto Finance. DeFi, NFTs, and cryptocurrencies. Level up. Go bankless.