DeFi Dad ⟠ defidad.eth
@DeFi_Dad • 180,990 subscribers
⟠ DeFi super-user, educator, angel 🎙️ Host/Producer of The @Edge_Pod 📰 Subscribe to newsletter & pod: https://t.co/Pm9e0APe9B 📺 Watch on: https://t.co/txxZZAhqsW
Videos
🎙️ New The Edge Podcast 🤝 Crypto Is No Longer In The Dreaming Phase, We're Now In The Big Boy Era 0:00 - Intro 2:18 - From lofty ideas to real use cases 7:37 - Every institution will migrate onchain 12:14 - What pushed TradFi to move onchain 18:06 - Security is everything for adoption 24:58 - CCIP and lessons from LZ exploit 30:18 - Prediction markets and Chainlink 34:31 - Are AI agents the next wave of new users? 40:21 - DeFi x TradFi misunderstandings 43:05 - Most bullish factor for Chainlink 45:30 - When DeFi becomes TradFi markets 50:48 - Closing 🙏 Thanks to Chainlink Chief Business Officer Johann Eid for joining us!
DeFi Dad ⟠ defidad.eth58,896 views • 18 days ago
🎙️ New The Edge Podcast 📈 The $250k ETH Thesis: Why Wall Street Is Betting ETH Beats Gold and Bitcoin 0:00 - Intro 3:06 - Background on Wall Street 5:18 - ETH is better money than BTC or gold 10:03 - What is productive money? 12:15 - Wall Street buys ETH as productive money 16:02 - The institutional crypto bull market 18:08 - Three demand drivers for ETH 20:53 - Why ETH wasn’t reaching its full potential 25:20 - What happened for ETH to reprice 30:47 - ETFs, Schwab, Tom Lee 32:41 - Bitcoin's security budget problem 33:33 - Censorship resistance + decentralization 39:54 - Path to $250,000 ETH price 44:37 - Ethereum's shipping velocity 46:02 - Ethereum roadmap accelerated by AI 51:43 - Risks to $250k ETH thesis 55:37 - What investors still don’t get about ETH 58:19 - What’s Etherealize been working on? 58:55 - Closing 🙏 Thanks to Etherealize CoFounder Vivek Raman and Researcher/Author of their new report, Michael McGuiness for joining us!
DeFi Dad ⟠ defidad.eth269,845 views • 3 months ago
🎙️ New The Edge Podcast 🟠 Michael Saylor's BTC-Backed STRC Is Coming For A $300T Market 0:00 - Intro 2:46 - CJ’s background and role 7:23 - What Strategy does with Bitcoin 10:40 - Why offer perpetual preferred equity 14:58 - Which instrument is most senior? 16:44 - How AI helped design Strategy instruments 19:18 - What is STRC? 23:23 - Where does STRC yield come from? 26:14 - ATM program explained 29:21 - How STRC enables Strategy to buy BTC 36:49 - A $300T market + impact on BTC price 41:48 - MSTR vs STRC investors 44:36 - Who is buying STRC right now? 47:04 - DeFi teams tokenizing STRC 51:41 - What are the real risks for STRC? 55:00 - Would Strategy ever sell BTC? 57:50 - Why STRC is Strategy’s "iPhone moment" 1:01:55 - Closing 🙏 Thanks to Chaitanya Jain from Strategy for joining us!
DeFi Dad ⟠ defidad.eth179,210 views • 3 months ago
Tokenized STRC (Strategy) yield could be a massive source of RWA yield for DeFi yield investors. Since recording, we know of three teams having launched STRC-backed yield-bearing tokens on Ethereum Mainnet. Apyx ($110M) Saturn Foundation ($40M) Buck ($2.5M) In the latest The Edge Podcast, Chaitanya Jain from Strategy explains why DeFi could be massive for the distribution of STRC's 11.5% yield.
DeFi Dad ⟠ defidad.eth167,733 views • 3 months ago
🎙️ New The Edge Podcast ⚔️ Wartime Ethereum: The Case For ETH Going Much Higher 0:00 - Intro 3:01 - John's background 8:39 - Why focus on Ethereum and ETH 14:29 - Why Wartime Ethereum mode? 17:44 - Ethereum can’t be evil 20:23 - Trustware for economic systems 24:48 - Is Wall Street understanding ETH's value? 32:04 - Institutional bull run vs bearish retail 36:03 - When will ETH go up? 45:57 - CLARITY Act tailwind for Ethereum 52:11 - No EF funding crisis, just eco reshaping 59:05 - Decentralized AI makes case for Ethereum 1:08:39 - Questioning the rules of the system 1:10:33 - How to value ETH 1:14:29 - John's outlook for ETH price 1:18:23 - Closing 🙏 Thanks to John Gillen - WartimeEthereum.eth from Milk Road for joining us!
DeFi Dad ⟠ defidad.eth37,982 views • 23 days ago
🎙️ New The Edge Podcast 🪐 How Saturn Is Tokenizing Michael Saylor's 11.5% $STRC BTC-Backed Yield For DeFi | DeFi Frontier 0:00 - Intro 2:21 - Saturn CoFounders background 4:47 - Why build Saturn? 6:57 - Why Saylor’s excited for STRC in DeFi 10:14 - Three major DeFi use cases 14:59 - How Saturn distributes STRC yield 15:58 - Where STRC yield comes from 17:06 - 2-token design: USDat vs sUSDat 18:48 - Is USDat a stablecoin? 20:56 - How STRC vs USDat peg works 24:29 - Opportunity for STRC to grow 28:37 - STRC demand will eat into fixed income 31:50 - DeFi is starving for a yield like STRC 35:43 - Can STRC become the risk-free rate? 37:20 - 24/7 trading of STRC onchain 39:16 - Impact of perps for STRC 41:46 - How far could STRC reasonably drop 43:50 - What’s live now on Saturn? 45:23 - Closing 🙏 Thanks to Saturn Foundation CoFounders Ellis Osborn and kevin😴 for joining us!
DeFi Dad ⟠ defidad.eth129,047 views • 3 months ago
🎙️ New The Edge Podcast 💥 How Royco Risk Tranching Is Working Through Its First Real World Stress Test | DeFi Frontier 0:00 - Intro 2:37 - A DeFi risk tranching protocol 6:01 - Why RWAs are the future of yield 11:32 - What is Royco Dawn? 13:30 - The perfect asset to tranche 18:07 - Screenshare Royco live markets 22:01 - Observation period, first stress test 25:05 - How seniors stay protected 27:00 - What could end the observation period? 30:04 - How Royco tries to restore markets 31:25 - Estimating losses after 21-day period 33:40 - Design for juniors to not be wiped out 37:40 - Tranching vs insurance 41:23 - Is security in DeFi cooked? 43:49 - Opting for delayed settlement 47:54 - Royco Dusk preview 53:42 - Closing 🙏 Thanks to Royco Founder Jai Bhavnani for joining us!
DeFi Dad ⟠ defidad.eth39,601 views • 1 month ago
![If you do anything today, please listen to this 3-min clip on what Co-CEO Joseph Chalom refers to as The ETH Opportunity... FYI, Joe is the former Head of Digital Assets Strategy at BlackRock, who drove the creation of IBIT, ETHA, and BUIDL. "The more assets and transactions that are secured on the Ethereum network, have been proven to increase the value of ETH..." "If you look at the last 5 years, for each $2 secured on the network, on Ethereum and the L2s, it's driven about $1 of market cap value of Ethereum [ETH]..." "And if you take a step back and say stablecoins are at this size today, but Treasury Secretary Scott Bessent says it's gonna grow to a trillion over the next 3 years, if you look at the adoption of RWAs, which is in the first inning and can literally go j-curve, the value of tokenized assets which could be measured in the trillions or tens of trillions... they are gonna be secured by a decentralized network. We believe the vast majority is gonna be Ethereum. That is a bull case for ETH..." "If more assets are secured on the Ethereum network, the value of ETH will go up, and the value of it being a trust commodity, the highest value of money, is gonna be critically important if you believe we are at a paradigm shift, and that's what I call the ETH opportunity. It's not a trade, it's an ETH opportunity." "And for all of those who feel like they missed the early days of crypto, you are at still a very early entry point in the adoption of Ethereum and that is the long term ETH opportunity, not the ETH trade." ACCELERATE 🚀](https://image.24vids.com/tw-1956382051604615290/amplify_video_thumb/1956380413691138051/img/CBz4OEsUyr7ow2dn.jpg)
If you do anything today, please listen to this 3-min clip on what Co-CEO Joseph Chalom refers to as The ETH Opportunity... FYI, Joe is the former Head of Digital Assets Strategy at BlackRock, who drove the creation of IBIT, ETHA, and BUIDL. "The more assets and transactions that are secured on the Ethereum network, have been proven to increase the value of ETH..." "If you look at the last 5 years, for each $2 secured on the network, on Ethereum and the L2s, it's driven about $1 of market cap value of Ethereum [ETH]..." "And if you take a step back and say stablecoins are at this size today, but Treasury Secretary Scott Bessent says it's gonna grow to a trillion over the next 3 years, if you look at the adoption of RWAs, which is in the first inning and can literally go j-curve, the value of tokenized assets which could be measured in the trillions or tens of trillions... they are gonna be secured by a decentralized network. We believe the vast majority is gonna be Ethereum. That is a bull case for ETH..." "If more assets are secured on the Ethereum network, the value of ETH will go up, and the value of it being a trust commodity, the highest value of money, is gonna be critically important if you believe we are at a paradigm shift, and that's what I call the ETH opportunity. It's not a trade, it's an ETH opportunity." "And for all of those who feel like they missed the early days of crypto, you are at still a very early entry point in the adoption of Ethereum and that is the long term ETH opportunity, not the ETH trade." ACCELERATE 🚀
DeFi Dad ⟠ defidad.eth259,911 views • 11 months ago
🎙️ New The Edge Podcast 🌉 How Superstate Is Building The Bridge Between $700 Trillion In TradFi and DeFi 0:00 - Intro 1:58 - What tokenization actually means? 3:41 - Tokenization is the evolution of DeFi 7:42 - Why Robert built Superstate 12:49 - Benefits for tokenized asset issuers 18:34 - How Superstate tokenized funds work 23:13 - Magic of automation in DeFi 26:28 - Straddling DeFi and compliance 30:02 - Regulation + CLARITY Act 39:36 - Categories of tokenized securities 41:26 - Differentiators for Superstate 44:57 - Tokenization's hockey stick moment 48:12 - Endgame is primary issuance onchain 49:16 - Closing 🙏 Thanks to Superstate Founder & CEO Robert Leshner for joining us!
DeFi Dad ⟠ defidad.eth45,762 views • 1 month ago
![Being bullish on stablecoin and RWA growth is the basis for Tom Dunleavy's ETH price target of $20k - $50k 😎 It all starts with a conservative assumption Ethereum itself will reach at least $750T to $1T of assets onchain. This is peanuts compared to how many tens of trillions in TradFi will be tokenized and inevitably issued on Ethereum. "Yeah, it sounds crazy these numbers when you throw them out there... like VanEck and Standard Chartered, and then Thomas (Tom) Lee (not drummer) FundstratDirect.com have all these [ETH] price forecasts that are $20k, $30k, $50k... You're like, how do they get to these numbers? And if you just use the model that I said, you take the aggregate amount of assets on the chain today, and you apply a framework, whether it be one third or half of the consensus you need to hold to actually disrupt the native chain itself, and then you could apply some level of let's call it premium... and that's been between like 1x-5x what the the actual book value of the the chain itself is holding, you get to some pretty crazy numbers. So in $750T to $1T of net assets on Ethereum itself, you get to a price target per ETH of $20k - $50k..." Listen to the full The Edge Podcast on Spotify:](https://image.24vids.com/tw-2074228306279317567/amplify_video_thumb/2074227455976443904/img/eTH4JpdBQPAmF1wk.jpg)
Being bullish on stablecoin and RWA growth is the basis for Tom Dunleavy's ETH price target of $20k - $50k 😎 It all starts with a conservative assumption Ethereum itself will reach at least $750T to $1T of assets onchain. This is peanuts compared to how many tens of trillions in TradFi will be tokenized and inevitably issued on Ethereum. "Yeah, it sounds crazy these numbers when you throw them out there... like VanEck and Standard Chartered, and then Thomas (Tom) Lee (not drummer) FundstratDirect.com have all these [ETH] price forecasts that are $20k, $30k, $50k... You're like, how do they get to these numbers? And if you just use the model that I said, you take the aggregate amount of assets on the chain today, and you apply a framework, whether it be one third or half of the consensus you need to hold to actually disrupt the native chain itself, and then you could apply some level of let's call it premium... and that's been between like 1x-5x what the the actual book value of the the chain itself is holding, you get to some pretty crazy numbers. So in $750T to $1T of net assets on Ethereum itself, you get to a price target per ETH of $20k - $50k..." Listen to the full The Edge Podcast on Spotify:
DeFi Dad ⟠ defidad.eth24,017 views • 27 days ago
🎙️ New The Edge Podcast 🐂 The ETH Opportunity: Why SharpLink Is All-In 0:00 - Intro 7:22 - Joe's career at BlackRock 11:09 - Jason’s role and experience 13:15 - Importance of Ethereum and ETH 19:07 - Why Joe joined SharpLink 21:35 - The Trustware Report 29:02 - The ETH Opportunity 35:17 - SBET's edge over an ETH ETF 37:58 - Urgency to accumulate ETH 39:49 - Why ETH over BTC as treasury asset? 45:28 - DeFi institutional adoption 50:48 - Raising capital to buy more ETH 55:37 - Leveraging institutional relationships 56:57 - Strategic partnership with Consensys 59:38 - Why SharpLink is working with Linea 1:02:58 - Closing 🙏 Thanks to SharpLink (SBET) Co-CEO Joseph Chalom and Consensys.eth CSO Jason Linehan for joining us!
DeFi Dad ⟠ defidad.eth176,720 views • 11 months ago
🎙️ New The Edge Podcast 🔐 Ethereum Is A Vault, ETH Is The Lock: A Framework for ETH's Fair Value, Today and By 2030 0:00 - Intro 2:51 - Tom’s role investing at Varys 3:32 - DCF is the wrong way to value ETH 6:16 - Is Ethereum winning? 11:40 - Fees are friction, not how we value ETH 16:12 - Can Ethereum have its cake and eat it too? 19:45 - If Ethereum is the vault, ETH is the lock 23:58 - Why stablecoin numbers look bullish 27:04 - Ethereum must succeed, or crypto fails 28:59 - Comparison to Linux + DTCC is wrong 32:55 - Importance as trustware producing blocks 35:40 - Underestimating the L1 scaling 39:41 - Stablecoin issuers still rely on Ethereum 42:11 - The framework is for ETH, not DeFi tokens 45:15 - $20k - $50k price once liq hits $750B 47:33 - How Tom gets to a FMV today of $6.9k 52:59 - 2030 base case ($55k) vs bull case ($138K) 53:57 - Closing 🙏 Thanks to Varys Capital Head of Venture, Tom Dunleavy, for joining us!
DeFi Dad ⟠ defidad.eth29,918 views • 1 month ago
🎙️ New The Edge Podcast ⏳⚡️ Can Blockspace Futures Lead To A Gasless, Real-Time Ethereum? 0:00 - Intro 2:03 - Kevin’s background 7:18 - Why Ethereum 9:45 - The vision for ETHGAS 10:26 - Understanding real-time Ethereum 12:40 - Impact on DeFi protocols like Uniswap Labs 🦄 21:14 - Supporting the L2 roadmap 24:20 - Eliminating MEV and disrupting 28:30 - Tradeoffs 34:24 - Competition 40:06 - Revenue potential and monetization 44:20 - Roadmap and rollout for ETHGAS 45:56 - Early partners like ether.fi 47:19 - Discussions with EF 49:01 - Closing 🙏 Thanks to ETHGAS Founder Kevin Lepsoe for joining us!
DeFi Dad ⟠ defidad.eth89,815 views • 7 months ago
"All of the serious capital allocators that we talk to on a daily basis, they wanna stay on Ethereum. They don't wanna go and bridge their funds elsewhere and change the whole security profile of their assets. And similar, the RWAs, well, the RWAs are just gonna follow where the people's assets are... and the people's assets they want to stay on Ethereum." 🗣️ Jai Bhavnani, Founder of Royco 🎧 Link to full The Edge Podcast:
DeFi Dad ⟠ defidad.eth14,407 views • 24 days ago
🎙️ New The Edge Podcast 🏗️ Linea's SharpLink Play and Building The Ideal L2 For Ethereum 0:00 - Intro 7:10 - How Linea got started 12:13 - What is Etherex? 15:46 - Building loyal liquidity 18:49 - SharpLink (SBET) could deposit billions 28:14 - Building institutional-grade security 31:50 - Native ETH yield 34:05 - Equal access for all DeFi users 34:48 - Designing the ideal L2 for Ethereum 39:21 - Will other L2s follow Linea’s lead? 40:39 - Benefit of bridged ETH being staked 43:56 - Tokenomics synergy for builders 46:45 - No VC unlocks 49:05 - Linea governance + Linea Consortium 50:39 - An L2 that's truly EVM equivalent 55:12 - Etherex and Linea partnership 1:04:23 - Linea’s next steps 1:06:34 - Closing 🙏 Thanks to Head of Linea.eth, Declan Fox and Etherex Lead Trantor for joining us!
DeFi Dad ⟠ defidad.eth130,648 views • 11 months ago
🎙️ New The Edge Podcast 🤔 Ethereum Is Winning—So Why Is ETH Still Undervalued? 0:00 - Intro 6:18 - Origin of Etherealize and Vivek’s background 9:51 - Danny’s background 13:22 - How Etherealize acts on behalf of Ethereum 22:58 - Funding Etherealize with EF grant 29:39 - EF's strategy to ensure Ethereum is resilient 32:56 - The day-to-day for Etherealize 35:20 - Disconnect between Ethereum network vs ETH 39:47 - Why BlackRock BUIDL chose Ethereum 42:44 - Will L2 growth lead to value accrual for ETH? 48:58 - Fragmentation vs scaling single blockchain 53:16 - The elevator pitch for ETH/Ethereum 56:50 - ETH is the backbone of civilization infra 59:19 - Closing 🙏 Thanks to Etherealize CoFounders dannyryan and Vivek Raman for joining us!
DeFi Dad ⟠ defidad.eth166,206 views • 1 year ago
🎙️ New The Edge Podcast ⚡️ The DeFi Circuit Breaker That Could Have Stopped The rsETH Exploit, And Why Linea Implemented It 0:00 - Intro 2:02 - Declan’s work as Head of Linea 3:15 - What Is Phylax? 4:45 - Ethereum’s security + more controls 12:14 - Protection without sacrificing decentralization 14:33 - What are institutions waiting for? 18:54 - Linea is helping institutions come onchain 23:06 - Freezing assets vs programmatic rules 26:09 - Demand for DeFi transcends politics 32:54 - Circuit breaker for the next rsETH exploit 38:09 - What triggers Phylax to stop an attack? 42:38 - Composable walled gardens on Ethereum 45:56 - Getting started with Phylax 47:32 - Closing 🙏 Thanks to Phylax Systems Founder & CEO Odysseus | phylax.systems and Head of Linea.eth at Consensys.eth, Declan Fox for joining us!
DeFi Dad ⟠ defidad.eth15,583 views • 1 month ago
🎙️ New The Edge Podcast 🤗 Why Onchain Options Are Finally Working: Derive's 90% Market Share and What's Next? 0:00 - Intro 2:27 - Betting on onchain options in 2021 4:10 - Largest onchain options exchange 5:28 - Building “the infinite payoff factory” 11:59 - Why they never pivoted to perps 14:00 - The inflection point 16:37 - How RFQ works for size 18:04 - Yieldmageddon 22:19 - Vaults to be built on Derive 24:17 - Is there an LP pool-style product? 25:17 - From Lyra's AMM to Derive's CLOB 28:20 - What markets are live today? 29:09 - Which networks Derive supports 30:26 - HYPE options driving new growth 31:36 - What if HL launched options? 35:53 - Options have strong network effects 39:17 - RWA options markets coming 44:14 - Who trades on Derive? 46:13 - Growth charts 48:43 - Why options are countercyclical 51:09 - All value flows to DRV 55:08 - Synthetix’s acquisition proposal 57:43 - How big can Derive get? 1:00:27 - What's next? 1:02:03 - Closing 🙏 Thanks to Derive.xyz CoFounder & CEO for joining us!
DeFi Dad ⟠ defidad.eth41,978 views • 4 months ago
🎙️ New The Edge Podcast ⚔️ Why Katana ⚔️ Is Not An L2, It's A DeFi Super App 0:00 - Intro 2:04- Matthew’s background in DeFi 6:24 - Katana’s origin story 10:25 - vbAssets, why yield goes to participants 12:00 - How Vault Bridge works with Morpho 17:38 - Vitalik L2 comments and Eth alignment 21:50 - How Katana can win over users 25:12 - IDEX acquisition and Katana Perps 28:06 - 5 revenue-generating businesses 30:55 - Built for retail and institutions 32:51 - ve(3,3) flywheel at the network level 44:35 - KAT vs vKAT vs avKAT 48:08 - OKX and Binance programs 52:29 - Endgame to tap into fintech liquidity 54:32 - Why Katana is aligned with Polygon 59:20 - What Matthew is most excited for 1:01:26 - Closing 🙏 Thanks to Katana ⚔️ CEO Matthew Fisher for joining us!
DeFi Dad ⟠ defidad.eth40,028 views • 4 months ago
On a new The Edge Podcast dropping today, matze | growthepie 🥧📏 shares an excerpt from their growthepie 🥧📏 report on Ethereum, explaining how Celo.eth/acc 🦇 🌳 cut security costs 99.8% running an Ethereum L2 instead of an L1. To just $13,200 per year 😇 560 times cheaper per-transaction for Celo users 🤌
DeFi Dad ⟠ defidad.eth86,553 views • 11 months ago