73 min listen
Hasu & Hart on Oval & The Recapturing of Billions in DeFi Liquidations
FromBankless
ratings:
Length:
70 minutes
Released:
Feb 13, 2024
Format:
Podcast episode
Description
Today on the show, we’re talking about Oval, a new DeFi primitive that Hart Lambur from UMA is introducing to the world of DeFi’s biggest lending markets. Billions of dollars have been liquidated from protocols like Aave, Compound, and MakerDAO over the years, and these liquidations have been extremely inefficiently priced, due to reasons! Reasons that we will discuss here on the show today. Hasu also joins us on this conversation today to discuss the way that MEV share from Flashbots is a part of this conversation, and he helps illuminate what this means for DeFi going forward as a whole. ------ ⛓️ Visit dydx.exchange to learn about dYdX Chain https://dydx.zone/3SfJTP7 ------ ? Listen On Your Favorite Podcast Player: https://bankless.cc/Podcast ------ BANKLESS SPONSOR TOOLS: ?KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2 ?CELO | CEL2 COMING SOON https://bankless.cc/Celo ?️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/toku ?MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle ? CRYPTO TAX CALCULATOR | USE CODE BANK30 https://bankless.cc/CTC ?UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap ------ TIMESTAMPS 0:00 Intro 7:15 MEV & Oracle Foundations 11:19 Why Solving MEV is Important 21:16 High-Level Patterns 28:19 The Oval Mechanism 42:23 MEV Share Parameters 48:36 Decentralization of the MEV Share 54:30 Auction Length 56:08 Oval B/D Adoption 58:05 Uniswap v4 1:02:31 Oval Cut Upside 1:05:45 Future Questions to be Answered 1:08:42 Closing & Disclaimers ------ RESOURCES What is SUAVE? FlashBots Phil Daian and Andrew Miller explain https://youtu.be/j3ZM2ZdUWXU Oval https://uma.xyz/ https://twitter.com/UMAprotocol Hart https://twitter.com/hal2001 Hasu https://twitter.com/hasufl ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures
Released:
Feb 13, 2024
Format:
Podcast episode
Titles in the series (100)
6 - DeFi Trust Spectrum: Ethereum applications live on a spectrum of trust. With humans at one end, and computers at the other, DeFi apps have different components of robots and humans. by Bankless