46 min listen
Can DeFi Withstand Big Liquidations?
ratings:
Length:
40 minutes
Released:
Jan 31, 2022
Format:
Podcast episode
Description
DeFi has survived another 45 percent plunge, a stress test that would be catastrophic for other markets. Robin Schmidt and Camila Russo of The Defiant join Raoul Pal, CEO and Co-Founder of Real Vision, to discuss DeFi's resilience and how communities affect crypto. During the past week, Maker liquidated $118.8 million, Aave another $61.13 million. But Crypto Twitter prevented MakerDAO from liquidating $600 million of Ethereum over the weekend by alerting a leveraged borrower to top up his vault. The community played a positive role in this instance, but that's not always the case. Robin, Camila, and Raoul also discuss “toxic maximalism” and how it's detrimental to onboarding more users to the network in a far-ranging and fascinating conversation. Recorded on January 26, 2022.
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Released:
Jan 31, 2022
Format:
Podcast episode
Titles in the series (100)
Tokenizing the World with BitPanda: Eric Demuth discusses the creation of BitPanda, Bitcoin's role as a digital asset, and interoperability within blockchain ecosystems. by Raoul Pal: The Journey Man