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Degen Decentralized Leverage Trading with Gains Network

Degen Decentralized Leverage Trading with Gains Network

FromThe Edge Podcast


Degen Decentralized Leverage Trading with Gains Network

FromThe Edge Podcast

ratings:
Length:
59 minutes
Released:
Apr 2, 2023
Format:
Podcast episode

Description

Seb is the anonymous Founder of Gains Network protocol and its decentralized leverage trading platform, gTrade.

In this episode of The Edge Podcast, we interview the increasingly popular anonymous DeFi founder behind gTrade, which grew in 2022 despite the market headwinds in the crypto space. Seb isn't one to seek media attention and has done few interviews outside of the Gains Network Discord but he kindly shared his insights and strategy building a top decentralized leveraged trading dApp that might someday outcompete with centralized exchanges. gTrade has been making waves in DeFi with features like 1-click trading and up to 150x leverage on cryptos, 1000x on forex, 50x on stocks, 35x on indices, and 250x on commodities.

More importantly, to offer some edge in understanding gTrade's ambitious mission, we dissect every aspect of the gTrade trading platform as well as the GNS tokenomics which underpin gTrade's operation, such as the 20% deflation in the supply of GNS, due to GNS being burnt from gTrade trading activity.

THIS IS NOT A RECOMMENDATION OR ENDORSEMENT TO BUY ANY TOKEN OR NFT RELATED TO ANY PLATFORMS DISCUSSED.

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? The Edge Podcast is produced by 4RC Labs. If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/

?‍♀️ Interested to sponsor episodes of The Edge? Fill this out: https://hl6pu9d99u5.typeform.com/to/E3NY5Mqn

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? LINKTREE FOR THE EDGE PODCAST: https://linktr.ee/edge_pod

? DISCOVER DEFI & WEB3 BLOG POSTS, PODCASTS, TUTORIALS: http://defidad.com/

✅ FOLLOW DEFI DAD ON TWITTER: https://twitter.com/DeFi_Dad

✅ FOLLOW NOMATIC ON TWITTER: https://twitter.com/Nomaticcap

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The Edge Podcast Sponsor Resources

? KYBERSWAP | DECENTRALIZED EXCHANGE AGGREGATOR AND AMM

? STADER | MULTICHAIN LIQUID STAKING

? PUSH PROTOCOL | WEB3 COMMUNICATIONS

⛩️ UTOPIA | PAYROLL AND EXPENSE MANAGEMENT FOR DAOS

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Topics Covered

00:00 - Intro
05:00 - Why Seb built Gains and gTrade
05:52 - How leverage and gDAI works on gTrade
09:12 - GNS Staking and GNS burn/mint
13:30 - Pros and cons of GNS to recapitalize
19:30 - gDAI OTC mechanism
20:45 - Other GNS utility
23:13 - GNS NFTs
27:49 - GNS deflation trend
32:40 - Lessons from gTrade referral links
35:20 - Comparing gTrade to competitors
42:00 - The Arbitrum effect
47:30 - New traders onboarding post-FTX
48:30 - Building a casino with gDAI vault
50:00 - Building a Metaverse (in 2 years)
50:50 - Should we trust anon builders?
52:20 - New features coming to gTrade
54:52 - Closing

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Guest Links

Gains Network on Twitter
https://twitter.com/GainsNetwork_io

Learn about Gains Network
https://gainsnetwork.io/

Learn about gTrade
https://gains.trade/Gains Network Dune Dashboardhttps://dune.com/unionepro/Everthing-Gains-Network

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All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research.
Released:
Apr 2, 2023
Format:
Podcast episode

Titles in the series (88)

Join crypto investors and power-users, DeFi Dad and Nomatic from Fourth Revolution Capital (4RC) as they teach you about the fast-paced world of DeFi, Web3, and AI! Whether you're a crypto pro or just getting started, gain your own edge from insightful interviews with industry-leading founders, developers, and fund managers.