Episode Details

Aavenomics: Making DeFi Great Again
8/13/2024
Bell Curve β†—

Key Insights

Bullish:

  • 🟒 $AAVE - Discussing the potential of AAVE's future developments, user protection, and market strategies.
    • β€œThe most profitable protocol on earth are DAOs... Bitcoin works. Ethereum works. Maker works. Avi works.” - Marc (0:00)
    • β€œWe believe that for a fraction of the current cost, that is token incentive to stakeholder, we can increase efficiency of user protection by orders of magnitude.” - Marc (0:00)
    • β€œWe created the merit program, which is a 20,000,000 per dollar per year, to incentivize each equity, which is the most strategic asset.” - Marc (0:00)
    • β€œWe use the excess revenue to acquire assets in the secondary market, which is the Abbey asset, and you distribute that to the older of StakeAvy that are, part of the legacy safety module that will become the Stake Link module.” - Marc (0:00)
    • β€œWe are confident we can achieve 1,000,000,000 of dollars of user protection with a very limited cost to what cost the current system.” - Marc (0:00)
    • β€œWe are very confident on top of that. And we have to wait and the economy to sustain a kickstart and liquidity mining program that is not paid in Chipcoin, in government Chipcoin, but in Stone Cash, which is the Sol asset, and the Go stablecoin.” - Marc (0:00)
    • β€œWe are actively monitoring this network because we believe the current growth they are experiencing, is here to stay.” - Marc (0:00)πŸ”’
    • β€œWe believe the DeFi ecosystem on Solana is weak, in terms of quality of codes and quality of teams. So it's not something that we think is going to be particularly challenging to take the leadership position on this network.” - Marc (0:00)πŸ”’
    • β€œWe can import our own ecosystem of LPs within this ecosystem, just like we did with Lido. So we grew Lido to 300,000,000 in, 3 days.” - Marc (0:00)πŸ”’
  • 🟒 $ETH - πŸ”’
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