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? Scoopy Trooples of Alchemix: "Liquidity Mining is Like a Drug; You Have to Wean Yourself Off Over Time"

? Scoopy Trooples of Alchemix: "Liquidity Mining is Like a Drug; You Have to Wean Yourself Off Over Time"

FromThe Defiant - DeFi Podcast


? Scoopy Trooples of Alchemix: "Liquidity Mining is Like a Drug; You Have to Wean Yourself Off Over Time"

FromThe Defiant - DeFi Podcast

ratings:
Length:
71 minutes
Released:
Oct 25, 2021
Format:
Podcast episode

Description

In this week’s episode I speak with Scoopy Trooples, founder of Alchemix, a protocol that programs self-paying loans without the risk of liquidations. Think about that; here’s a DeFi application that promises to automatically pay users’ collateralized loans, and on top of that, guarantee they won’t be liquidated. Scoopy explains how something like that can work and it’s all about plugging into other money legos like Yearn Finance to earn yield off that collateral and use that yield to pay off loans. Scoopy also goes into Alchemix v2 and into what he believes is a new movement in DeFi, which he helped coin as DeFi 2.0. Scoopy says dapps will now have options besides yield farming to attract liquidity to their protocols, which will allow teams to better control assets in their smart contracts, increasing capital efficiency.
Thanking our sponsors:

Balancer, one of the leading DeFi automated market makers (AMM) for multiple tokens. Dive into their pools here!
Kraken, consistently rated the best and most secure cryptocurrency exchange, which can get you from fiat to DeFi
Aave, an open source and non-custodial liquidity protocol where users can earn interest on deposits and borrow assets
Integral is a new DeFi primitive and OTC trading protocol built for large crypto trades. Join the waitlist for a new version launching in Q4!
Released:
Oct 25, 2021
Format:
Podcast episode

Titles in the series (100)

The internet of money is being built with blockchain technology and without banks. We call it DeFi, short for Decentralized Finance, and this is where you can hear the builders and users of this cutting edge world tell their stories first hand. Hosted by Camila Russo.