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DeFi tokens have faced significant challenges in recent years. However, are we now on the verge of a new bull market?
Arthur Cheong, founder and CIO of DeFiance Capital, and Jordi Alexander, founder of Selini Capital and chief alchemist at Mantle, join the show to discuss why they believe DeFi is poised for growth. They dive into how DeFi’s security and user experience have improved, the impact of Layer 2 solutions on Ethereum, and whether Ethereum or Solana will drive the next bull run. Plus, they discuss whether interest in memecoins takes attention from DeFi, and why sustainable tokenomics matters when it comes to valuing coins.
Are DeFi tokens finally ready to shine again?
Show highlights:
- Why they believe that DeFi is poised for a bull cycle
- How DeFi’s security and UX have improved
- Whether DeFi activity can be sustained in the long term
- Why Jordi thinks that Layer 2s are not parasitic to ETH but Arthur thinks they are
- Whether the DeFi bull case is stronger on Ethereum, Solana or other chains
- Whether the Ethereum Foundation and Vitalik Buterin should be more proactive in supporting DeFi
- How memecoins reflect a broader societal problem
- The importance of tokens that don’t have big unlocks
- How the lack of solid frameworks for valuing tokens might be causing capital misallocation in crypto
- Whether a liquid venture investing approach is better for crypto
- Why Jordi says that there’s a lot of “potential to unlock” with the overlap of Bitcoin and DeFi
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EPISODE TRANSCRIPT
Guests:
- Arthur Cheong, founder and CIO of DeFiance Capital
- Jordi Alexander, Chief Alchemist at Mantle, Founder of Selini Capital
Links
- Previous coverage of Unchained on this cycle & DeFi :Has Decentralized Finance Hit Bottom?
- Kain Warwick’s tweet on Vitalik being anti-DeFi
- Cointelegraph: Vitalik Buterin responds to criticism that Ethereum ‘doesn’t care’ about DeFi
- The great return of DeFi, by @tradetheflow_
Bitcoin DeFi
- Bitcoin Layer 2s Aim to Attract Ethereum-Like Dapps. Will They Succeed?
- Bitcoin Is Worth Over $1 Trillion. How Much Will Coinbase’s New cbBTC Grab?
L2s and ETH: