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    Bell Curve

    Bell Curve breaks down the most important themes in crypto for people who, like us, are confined to the middle of the bell curve. Each season explores a different thesis that we’ll test and refine through debate with crypto’s best. If you’re a crypto native, degen or investooor, this podcast is for you.

    Advertise

    Copyright: © Blockworks 2022

    • Apple Podcasts
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    Latest Episodes:
    Coinbase Earnings, Jito Restaking, Memecoin Durability, and Saylor’s Big Announcement | Roundup Nov 01, 2024

    In this episode, Michael, Vance, and Mike Ippolito sit down to discuss everything happening in crypto leading up to the election! They dive into Jito Restaking and the synergies across Jito’s product suite, the relationship between Raydium and Pumpfun, and Coinbase’s recent earnings report.


    Thanks for tuning in!

    --

    Resources


    Jito Restaking Caps Hit: https://x.com/jito_sol/status/1852018955990278518


    Michael Saylor Announces $42B Capital Plan: https://x.com/saylor/status/1851718391889043954

    --

    Index Coop's Leverage Suite provides streamlined access to leverage, with built-in liquidation protection and low fees. Non-US users can now trade 2x, 3x and inverse leverage tokens for ETH and BTC on Arbitrum, Base, and Ethereum Mainnet.


    Stop overpaying for leverage. Save up to 6x in fees compared to perps: https://indexcoop.com/blockworks-leverage

    --

    L2s and L3s are history. Supra Containers give you dedicated, customizable AppSpace on Supra’s Layer-1 to rescue you from the costs, complexities, and fragmentation of L2s and L3s.


    Containers help you build with better customization and control than appchains at a fraction of the cost. Use your own token as the gas token, create local fee markets with custom gas

    amounts or just go gasless, and scale on demand whenever you need to.


    Supra Containers are secured by Supra’s L1 nodes and get access to Supra’s 500k TPS throughput, sub-second consensus latency, and all their built-in services like oracle price feeds and onchain randomness without any overhead. Supra is also MultiVM compatible so you can easily deploy your EVM, Move, and SVM smart contracts here.


    Get all the freedom, control, and tools you need to build super dApps and bring the world onchain. To learn more, visit www.supra.com/blockworks

    --

    Fuel Ignition launches as a high-performance Ethereum L2, running on consumer hardware to combat blockchain centralization. Powered by FuelVM, it offers fast, low-cost transactions with Ethereum and Solana wallet support. Explore our growing ecosystem of DApps for crypto management, DEXs, lending, and more.


    Visit fuel.network to learn more and start building for tomorrow, today!

    --

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    --

    Timestamps:

    (0:00) Introduction

    (5:52) Glow & Solar Powered DePIN

    (20:19) Jito Restaking & Solana's Next Step

    (27:35) Index Coop Ad

    (28:41) Supra Ad

    (29:38) Fuel Ad

    (30:32) Raydium and Pumpfun's Relationship

    (34:51) Coinbase Earnings and the Growth of Base

    (43:47) Retail Onboarding On Coinbase vs Robinhood

    (47:38) Michael Saylor Announces $42B Capital Plan

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Multiple Concurrent Proposers on Solana and Ethereum | Anatoly & Max Oct 29, 2024

    In this episode, Anatoly Yakovenko and Max Resnick joined us to discuss the concept of Multiple Concurrent Proposers! We unpacked the Proposer Monopoly, implementing MCP, and ordering rules. Additionally, we covered the geographic distribution of proposers, and MCP design tradeoffs. Finally, we asked what is the biggest competitive threat to Ethereum, Solana or its own L2s?


    Thanks for tuning in!

    --

    Resources


    Braid: Implementing Multiple Concurrent Block Proposers: https://x.com/danrobinson/status/1820506643739615624

    --

    Index Coop's Leverage Suite provides streamlined access to leverage, with built-in liquidation protection and low fees. Non-US users can now trade 2x, 3x and inverse leverage tokens for ETH and BTC on Arbitrum, Base, and Ethereum Mainnet.


    Stop overpaying for leverage. Save up to 6x in fees compared to perps: https://indexcoop.com/blockworks-leverage

    --

    L2s and L3s are history. Supra Containers give you dedicated, customizable AppSpace on Supra’s Layer-1 to rescue you from the costs, complexities, and fragmentation of L2s and L3s.


    Containers help you build with better customization and control than appchains at a fraction of the cost. Use your own token as the gas token, create local fee markets with custom gas

    amounts or just go gasless, and scale on demand whenever you need to.


    Supra Containers are secured by Supra’s L1 nodes and get access to Supra’s 500k TPS throughput, sub-second consensus latency, and all their built-in services like oracle price feeds and onchain randomness without any overhead. Supra is also MultiVM compatible so you can easily deploy your EVM, Move, and SVM smart contracts here.


    Get all the freedom, control, and tools you need to build super dApps and bring the world onchain. To learn more, visit www.supra.com/blockworks

    --

    Fuel Ignition launches as a high-performance Ethereum L2, running on consumer hardware to combat blockchain centralization. Powered by FuelVM, it offers fast, low-cost transactions with Ethereum and Solana wallet support. Explore our growing ecosystem of DApps for crypto management, DEXs, lending, and more.


    Visit fuel.network to learn more and start building for tomorrow, today!

    --

    Follow SMG: https://x.com/specialmech

    Follow Max: https://x.com/MaxResnick1

    Follow Anatoly: https://x.com/aeyakovenko

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Timestamps:

    (0:00) Introduction

    (2:46) The Proposer Monopoly

    (4:48) The Concept of Multiple Concurrent Proposers

    (16:39) Implementing MCP

    (19:28) Time to Finality with Braid

    (22:43) Index Coop Ad

    (23:49) Supra Ad

    (24:46) Fuel Ad

    (25:40) Ordering Rules

    (37:43) Geographic Distribution of Proposers

    (48:26) MCP Design Tradeoffs

    (58:34) Will MCP Get Implemented?

    (1:05:13) What is the Biggest Threat to Ethereum?

    (1:06:58) Will Solana Face the Same Issues as Ethereum?

    (1:11:26) Are Ethereum and Solana Converging on Design?

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    AI Memes on the Rise, Stripe’s Major Acquisition, and Kraken’s New L2 | Roundup Oct 26, 2024

    In this episode, Michael, Vance, and Mippo discuss Sky’s potential reversion back to Maker branding, Stripe’s acquisition of Bridge and its implications for the broader stablecoin sector, and Jito’s recent governance proposal introducing rake on MEV tips. Finally, they dive into the sudden rise of AI memes, zkTLS and DECO, and Kraken’s announcement of their upcoming L2, Ink.


    Thanks for tuning in!

    --

    Resources


    JIP-8 Adopt TipRouter: https://forum.jito.network/t/jip-8-adopt-tiprouter-ncn-protocol-development/413

    Ink Announcement: https://x.com/inkonchain/status/1849443457883885801

    --

    Index Coop's Leverage Suite provides streamlined access to leverage, with built-in liquidation protection and low fees. Non-US users can now trade 2x, 3x and inverse leverage tokens for ETH and BTC on Arbitrum, Base, and Ethereum Mainnet.


    Stop overpaying for leverage. Save up to 6x in fees compared to perps: https://indexcoop.com/blockworks-leverage

    --

    L2s and L3s are history. Supra Containers give you dedicated, customizable AppSpace on Supra’s Layer-1 to rescue you from the costs, complexities, and fragmentation of L2s and L3s.


    Containers help you build with better customization and control than appchains at a fraction of the cost. Use your own token as the gas token, create local fee markets with custom gas

    amounts or just go gasless, and scale on demand whenever you need to.


    Supra Containers are secured by Supra’s L1 nodes and get access to Supra’s 500k TPS throughput, sub-second consensus latency, and all their built-in services like oracle price feeds and onchain randomness without any overhead. Supra is also MultiVM compatible so you can easily deploy your EVM, Move, and SVM smart contracts here.


    Get all the freedom, control, and tools you need to build super dApps and bring the world onchain. To learn more, visit www.supra.com/blockworks

    --

    Fuel Ignition launches as a high-performance Ethereum L2, running on consumer hardware to combat blockchain centralization. Powered by FuelVM, it offers fast, low-cost transactions with Ethereum and Solana wallet support. Explore our growing ecosystem of DApps for crypto management, DEXs, lending, and more.


    Visit fuel.network to learn more and start building for tomorrow, today!

    --

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    --

    Timestamps:

    (0:00) Introduction

    (6:38) The Final Weeks of Election Season

    (13:53) Will Sky Revert Back To Maker Branding?

    (24:20) Stripes Acquisition of Bridge

    (32:56) Index Coop Ad

    (34:02) Supra Ad

    (34:58) Fuel Ad

    (35:53) Jito Introduces Rake On Tips

    (43:37) The Rise of AI Memes

    (59:21) zkTLS and DECO

    (1:01:49) Kraken Announces New L2

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Delta: Breaking Tradeoffs in Blockchain Architectures | Myles O’Neil & Ole Spjeldnæs Oct 22, 2024

    In this episode, Ole Spjeldnæs and Myles O’Neil from Delta joined us to discuss the vision behind Delta’s design, Delta’s state model, and ZK settlement and State Diff Lists. They also dive into how Delta’s leaderless consensus functions. Finally, Ole and Myles gave their thoughts on token value accrual, token supply dynamics, and governance.


    Thanks for tuning in!

    --

    Index Coop's Leverage Suite provides streamlined access to leverage, with built-in liquidation protection and low fees. Non-US users can now trade 2x, 3x and inverse leverage tokens for ETH and BTC on Arbitrum, Base, and Ethereum Mainnet.


    Stop overpaying for leverage. Save up to 6x in fees compared to perps: https://indexcoop.com/blockworks-leverage

    --

    L2s and L3s are history. Supra Containers give you dedicated, customizable AppSpace on Supra’s Layer-1 to rescue you from the costs, complexities, and fragmentation of L2s and L3s.


    Containers help you build with better customization and control than appchains at a fraction of the cost. Use your own token as the gas token, create local fee markets with custom gas

    amounts or just go gasless, and scale on demand whenever you need to.


    Supra Containers are secured by Supra’s L1 nodes and get access to Supra’s 500k TPS throughput, sub-second consensus latency, and all their built-in services like oracle price feeds and onchain randomness without any overhead. Supra is also MultiVM compatible so you can easily deploy your EVM, Move, and SVM smart contracts here.


    Get all the freedom, control, and tools you need to build super dApps and bring the world onchain. To learn more, visit www.supra.com/blockworks

    --

    Fuel Ignition launches as a high-performance Ethereum L2, running on consumer hardware to combat blockchain centralization. Powered by FuelVM, it offers fast, low-cost transactions with Ethereum and Solana wallet support. Explore our growing ecosystem of DApps for crypto management, DEXs, lending, and more.


    Visit fuel.network to learn more and start building for tomorrow, today!

    --

    Follow Delta: https://x.com/deltadotnetwork

    Follow Ole: https://x.com/spjoleh

    Follow Myles: https://x.com/MylesOneil

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Timestamps:

    (0:00) Introduction

    (4:31) Designing Delta

    (14:16) Delta's State Model

    (23:19) Consensus, Settlement Assurances, and Time to Finality

    (31:06) Supra Ad

    (32:02) Index Coop Ad

    (33:08) Fuel Ad

    (34:03) ZK Settlement and State Diff Lists

    (37:28) Delta's Tradeoffs Made

    (46:10) Delta's Leaderless Consensus

    (49:58) Building New L1s Today

    (55:02) Token Value Accrual

    (59:58) Token Supply Dynamics

    (1:03:17) First and Third Party Infrastructure

    (1:08:29) Delta Governance

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Deep Dive: Token Design | Guy Young & Kain Warwick Oct 15, 2024

    In this episode, Guy Young, Founder of Ethena Labs, and Kain Warwick, Founder of Infinex, joined us to discuss token design! Are tokens the product? When does it make sense to return capital to holders? Is regulatory scrutiny keeping founders out of the US? They answered all of these questions, and also dove into topics such as utility tokens vs pure plays, methods of returning value to holders, BNB’s token design, and the impact regulations have on token design. Finally, they closed out the episode by giving their thoughts on token supply dynamics and how they impact price discovery.


    Thanks for tuning in!

    --

    L2s and L3s are history. Supra Containers give you dedicated, customizable AppSpace on Supra’s Layer-1 to rescue you from the costs, complexities, and fragmentation of L2s and L3s.

    Containers help you build with better customization and control than appchains at a fraction of the cost. Use your own token as the gas token, create local fee markets with custom gas

    amounts or just go gasless, and scale on demand whenever you need to.


    Supra Containers are secured by Supra’s L1 nodes and get access to Supra’s 500k TPS throughput, sub-second consensus latency, and all their built-in services like oracle price feeds and onchain randomness without any overhead. Supra is also MultiVM compatible so you can easily deploy your EVM, Move, and SVM smart contracts here.


    Get all the freedom, control, and tools you need to build super dApps and bring the world onchain. To learn more, visit www.supra.com/blockworks

    --

    Index Coop's Leverage Suite provides streamlined access to leverage, with built-in liquidation protection and low fees. Non-US users can now trade 2x, 3x and inverse leverage tokens for ETH and BTC on Arbitrum, Base, and Ethereum Mainnet.


    Stop overpaying for leverage. Save up to 6x in fees compared to perps: https://indexcoop.com/blockworks-leverage

    --

    Follow Kain: https://x.com/kaiynne

    Follow Guy: https://x.com/leptokurtic_

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Timestamps:

    (0:00) Introduction

    (2:26) Are Tokens the Product?

    (7:45) Utility Tokens vs Pure Plays

    (13:09) The Line Between Protocols and Apps

    (19:51) When Does it Make Sense to Return Capital to Holders?

    (27:26) Changing Token Supply

    (30:03) Supra Ad

    (31:00) Index Coop Ad

    (32:06) Methods of Returning Value to Holders

    (36:58) Regulations and Their Impact on Token Structures

    (43:47) Is Regulatory Scrutiny Keeping Founders Out of the US?

    (48:40) BNB's Token Design

    (55:39) Token Supply Dynamics

    (1:17:56) Apps vs Infrastructure

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Unichain’s Launch, Election Season’s Influence on Crypto, and Unveiling Satoshi’s Identity | Roundup Oct 12, 2024

    In this episode, Michael Anderson joined us at Permissionless to discuss the launch of Unichain, UNI token value accrual, the app to general purpose chain cycle, and Unichain’s impact on the Uniswap protocol. Additionally, they unpack the US presidential race's impact on the crypto markets. Finally, they dive into the recent claims made about the true identity of Satoshi Nakamoto.


    Thanks for tuning in!

    --

    Resources


    Uniswap Announces Unichain: https://x.com/Uniswap/status/1844363396382408774

    --

    L2s and L3s are history. Supra Containers give you dedicated, customizable AppSpace on Supra’s Layer-1 to rescue you from the costs, complexities, and fragmentation of L2s and L3s.

    Containers help you build with better customization and control than appchains at a fraction of the cost. Use your own token as the gas token, create local fee markets with custom gas amounts or just go gasless, and scale on demand whenever you need to.


    Supra Containers are secured by Supra’s L1 nodes and get access to Supra’s 500k TPS throughput, sub-second consensus latency, and all their built-in services like oracle price feeds and onchain randomness without any overhead. Supra is also MultiVM compatible so you can easily deploy your EVM, Move, and SVM smart contracts here.


    Get all the freedom, control, and tools you need to build super dApps and bring the world onchain. To learn more, visit www.supra.com/blockworks

    --

    Index Coop's Leverage Suite provides streamlined access to leverage, with built-in liquidation protection and low fees. Non-US users can now trade 2x, 3x and inverse leverage tokens for ETH and BTC on Arbitrum, Base, and Ethereum Mainnet.


    Stop overpaying for leverage. Save up to 6x in fees compared to perps: https://indexcoop.com/blockworks-leverage

    --

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    --

    Timestamps:

    (0:00) Introduction

    (3:58) The Launch of Unichain

    (13:14) UNI Token Value Accrual

    (15:57) The App to General Purpose Chain Cycle

    (20:58) Supra Ad

    (21:55) Index Coop Ad

    (23:00) Unichain's Impact on the Uniswap Protocol

    (25:06) Trump Back in the Lead on Polymarket

    (29:23) Is Polymarket Being Gamed?

    (32:09) The Presidential Race's Effect on Crypto Markets

    (37:25) HBO Documentary Claims Peter Todd is Satoshi

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    L1 & L2 Token Value Capture | Jon Charbonneau Oct 09, 2024

    In this episode, we’re joined by Jon Charbonneau, Co-Founder of DBA to discuss L1 & L2 token value capture! We discussed measuring profitability of tokens, PoS vs PoW value accrual, and whether or not issuance is a cost. Additionally, we unpacked the economics of L2s, and compared them to L1 economics. Finally, we asked ourselves - can anything flip BTC as money?


    Thanks for tuning in!

    --

    Resources

    L1 & L2 Token Value Capture: https://dba.xyz/l1-l2-token-value-capture/

    Uncommon Core 2.0 - Ethereum’s Staking Endgame: https://podcasts.apple.com/us/podcast/ethereums-staking-endgame/id1517659188?i=1000650123776

    --

    L2s and L3s are history. Supra Containers give you dedicated, customizable AppSpace on Supra’s Layer-1 to rescue you from the costs, complexities, and fragmentation of L2s and L3s.

    Containers help you build with better customization and control than appchains at a fraction of the cost. Use your own token as the gas token, create local fee markets with custom gas amounts or just go gasless, and scale on demand whenever you need to.


    Supra Containers are secured by Supra’s L1 nodes and get access to Supra’s 500k TPS throughput, sub-second consensus latency, and all their built-in services like oracle price feeds and onchain randomness without any overhead. Supra is also MultiVM compatible so you can easily deploy your EVM, Move, and SVM smart contracts here.


    Get all the freedom, control, and tools you need to build super dApps and bring the world onchain. To learn more, visit www.supra.com/blockworks

    --

    Index Coop's Leverage Suite provides streamlined access to leverage, with built-in liquidation protection and low fees. Non-US users can now trade 2x, 3x and inverse leverage tokens for ETH and BTC on Arbitrum, Base, and Ethereum Mainnet.

    Stop overpaying for leverage. Save up to 6x in fees compared to perps: https://indexcoop.com/blockworks-leverage

    --

    Follow Dan: https://x.com/smyyguy

    Follow Jon: https://x.com/jon_charb

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Timestamps:

    (0:00) Introduction

    (2:52) Crypto Networks Are Not Companies

    (10:17) Token Holder P&L

    (14:52) Are Taxes A Cost For Issuance?

    (22:40) Network Sustainability

    (25:57) Supra Ad

    (26:53) Index Coop Ad

    (27:59) How Can We Compare Networks?

    (39:04) Understanding Operator Costs

    (50:13) Network Metrics to Know

    (56:53) Network Valuation Walkthrough

    (59:37) Maintaining Network Security

    (1:09:18) How Does Token Utility Impact Network Valuations?

    (1:17:02) Subsidizing Networks

    (1:30:36) Applying REV to Network Valuation Models

    (1:40:53) Stages of Network Development

    (1:49:16) MEV & Network Fee Durability

    (1:57:58) The Monetary vs Cashflow Camps

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Continued Institutional Adoption of Crypto | Roundup Oct 05, 2024

    In this episode, Mippo, Vance, and Michael discuss their reactions to the US Vice Presidential debate, and their views on meaningful crypto legislation. Additionally, they dive into the advancements in the crypto lending markets. They also unpack the current state of vesting schedules in crypto. Finally, they give their thoughts on the potential impact of Visa’s recently announced tokenized asset platform, and the continued institutional adoption of crypto.


    Thanks for tuning in!

    --

    L2s and L3s are history. Supra Containers give you dedicated, customizable AppSpace on Supra’s Layer-1 to rescue you from the costs, complexities, and fragmentation of L2s and L3s.

    Containers help you build with better customization and control than appchains at a fraction of the cost. Use your own token as the gas token, create local fee markets with custom gas amounts or just go gasless, and scale on demand whenever you need to.


    Supra Containers are secured by Supra’s L1 nodes and get access to Supra’s 500k TPS throughput, sub-second consensus latency, and all their built-in services like oracle price feeds and onchain randomness without any overhead. Supra is also MultiVM compatible so you can easily deploy your EVM, Move, and SVM smart contracts here.


    Get all the freedom, control, and tools you need to build super dApps and bring the world onchain. To learn more, visit www.supra.com/blockworks

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    --

    Timestamps:

    (0:00) Introduction

    (3:04) Reactions to the Vice Presidential Debate

    (8:52) Meaningful Crypto Legislation

    (13:01) Advancements in Crypto Lending

    (15:47) Supra Ad

    (16:44) Vesting Schedules in Crypto

    (27:11) Visa Announces the Visa Tokenized Asset Platform

    (42:25) Bitwise's Trendwise Bitcoin, Treasuries Rotation Strategy, and XRP ETFs

    (48:35) Gary Gensler's Strategy as SEC Chair

    (51:15) Kain Warwick vs David Hoffman at Permissionless

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Sky Aave Force and the DeFi Renaissance | Stani Kulechov & Rune Christensen Oct 02, 2024

    In this episode, DeFi legends Stani Kulechov and Rune Christensen joined us to discuss the growth of DeFi! We discussed Sky Aave Force, DeFi’s convergence on product offerings, and the impact of brand and culture in DeFi. Additionally, we dove into the growing institutional interest in crypto. Finally, we concluded the interview with Stani and Rune’s thoughts on the “DeFi Renaissance”.


    Thanks for tuning in!

    --

    Resources


    Read More About Sky Aave Force: https://x.com/SkyEcosystem/status/1830788183056900133

    --

    L2s and L3s are history. Supra Containers gives you dedicated, customizable AppSpace on Supra’s Layer-1 to rescue you from the costs, complexities, and fragmentation of L2s and L3s.

    Containers help you build with better customization and control than appchains at a fraction of the cost. Use your own token as the gas token, create local fee markets with custom gas amounts or just go gasless, and scale on demand whenever you need to.

    Supra Containers are secured by Supra’s L1 nodes and get access to Supra’s 500k TPS throughput, sub-second consensus latency, and all their built-in services like oracle price feeds and onchain randomness without any overhead. Supra is also MultiVM compatible so you can easily deploy your EVM, Move, and SVM smart contracts here.

    Get all the freedom, control, and tools you need to build super dApps and bring the world onchain. To learn more, visit www.supra.com/blockworks

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow Rune: https://x.com/RuneKek

    Follow Stani: https://x.com/StaniKulechov

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Timestamps:

    (0:00) Introduction

    (1:35) The History of Sky and Aave

    (7:28) Transitioning From Maker to Sky

    (13:47) Sky Aave Force

    (18:35) Explaining the D3M Module

    (25:14) Competition Between Aave and Sky

    (30:44) Supra Ad

    (31:40) DeFi's Convergence on Product Offerings

    (35:36) Expanding Into Other Ecosystems

    (42:52) Brand and Culture in DeFi

    (48:06) The Growth of Institutional Interest in Crypto

    (54:18) The DeFi Renaissance

    (1:09:02) Managing Protocol Complexities

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    What's Next For Crypto After the Fed Rate Cut? | Roundup Sep 28, 2024

    In this episode, Mippo, Michael, and Vance discuss sentiment at Token2049 and Solana Breakpoint, the total addressable market of memecoins, and bullish shifts in the market. They also discuss what impact the US election will have on the crypto markets, and the industry as a whole. Finally, they closed the episode by diving into the impact AI is having on the B2B SaaS business model.


    Thanks for tuning in!

    --

    L2s and L3s are history. Supra Containers give you dedicated, customizable AppSpace on Supra’s Layer-1 to rescue you from the costs, complexities, and fragmentation of L2s and L3s.

    Containers help you build with better customization and control than appchains at a fraction of the cost. Use your own token as the gas token, create local fee markets with custom gas amounts or just go gasless, and scale on demand whenever you need to.

    Supra Containers are secured by Supra’s L1 nodes and get access to Supra’s 500k TPS throughput, sub-second consensus latency, and all their built-in services like oracle price feeds and onchain randomness without any overhead. Supra is also MultiVM compatible so you can easily deploy your EVM, Move, and SVM smart contracts here.

    Get all the freedom, control, and tools you need to build super dApps and bring the world onchain. To learn more, visit www.supra.com/blockworks

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    --

    Timestamps:

    (0:00) Introduction

    (3:06) Sentiment at Token2049 & Solana Breakpoint

    (12:56) Exchanges Launching Their Own L2s

    (18:26) The Total Addressable Market of Memecoins

    (23:40) Supra Ad

    (24:37) Shifts in Market Sentiment

    (38:08) The Election's Impact on Markets

    (57:46) AI's Effect on the B2B SaaS Business Model

    (1:05:39) Eric Adams Indicted

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    How Bitcoin Prepared Us for the Memecoin Era | Murad Mahmudov Sep 25, 2024

    In this episode, Murad Mahmudov joined us to bridge the gap between Bitcoin maximalism and memecoins! We dove into the exponential growth of altcoin bubbles, parallels between NFTs and Memecoins, and finding cult-like communities. Additionally, we asked ourselves: how important is revenue? Is Bitcoin a memecoin? Can older altcoins ever come back? Finally, we unpacked the four year crypto cycle.


    Thanks for tuning in!

    --

    Resources


    Murad Mahmudov: The Ultimate Bitcoin Argument: https://podcasts.apple.com/us/podcast/murad-mahmudov-the-ultimate-bitcoin-argument/id1434060078?i=1000422916306

    --

    Namada is the shielded asset hub rewarding you to protect the multichain. Enabling data protection for any existing asset, app, or chain, Namada introduces shielded cross-chain actions and rewards for shielding your assets, which strengthens data protection guarantees for everyone.

    Namada is currently in its mainnet launch phase — follow along on namada.net

    --

    L2s and L3s are history. Supra Containers give you dedicated, customizable AppSpace on Supra’s Layer-1 to rescue you from the costs, complexities, and fragmentation of L2s and L3s.


    Containers help you build with better customization and control than appchains at a fraction of the cost. Use your own token as the gas token, create local fee markets with custom gas amounts or just go gasless, and scale on demand whenever you need to.


    Supra Containers are secured by Supra’s L1 nodes and get access to Supra’s 500k TPS throughput, sub-second consensus latency, and all their built-in services like oracle price feeds and onchain randomness without any overhead. Supra is also MultiVM compatible so you can easily deploy your EVM, Move, and SVM smart contracts here.


    Get all the freedom, control, and tools you need to build super dApps and bring the world onchain. To learn more, visit www.supra.com/blockworks

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow Murad: https://x.com/MustStopMurad

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Timestamps:

    (0:00) Introduction

    (2:15) Murad's Background & Finding Bitcoin

    (6:17) Bridging the Gap Between Bitcoin & Memecoins

    (16:10) The Exponential Growth of Altcoin Bubbles

    (23:56) How Important Is Revenue?

    (30:13) Namada Ad

    (31:12) Supra Ad

    (32:09) Drawing Parallels Between NFTs and Memecoins

    (42:36) Finding Memecoin Cults

    (51:32) Is Bitcoin A Memecoin?

    (59:32) Crypto's Four Year Cycles

    (1:03:49) Thoughts on NFTs

    (1:06:44) Can Older Alts Ever Come Back?

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Navigating the Expanding Rollup Landscape | Roundup Sep 20, 2024

    In this episode, Mike and Myles discuss Solana’s new mobile phone, Seeker, and the impact it might have on crypto adoption. Additionally, they dove into the L2 landscape today, and asked themselves - when do gas costs stop being a differentiator? What are the most important aspects to consider when building an L2? Finally, they closed the episode with commentary on the rapidly growing number of L2s on the market.


    Thanks for tuning in!

    --

    Namada is the shielded asset hub rewarding you to protect the multichain. Enabling data protection for any existing asset, app, or chain, Namada introduces shielded cross-chain actions and rewards for shielding your assets, which strengthens data protection guarantees for everyone.


    Namada is currently in its mainnet launch phase — follow along on namada.net

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow Myles: https://x.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    --

    Timestamps:

    (0:00) Introduction

    (4:11) Solana Doubles Down On Mobile

    (10:50) Namada Ad

    (11:49) The L2 Landscape Today

    (24:03) When Do Gas Costs Stop Mattering?

    (30:47) The Most Important Aspects of Rollups

    (52:13) Are There Too Many L2s?

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Rethinking Ethereum's Block Building: CommitBoost & Pre-Confirmations | Drew Van der Werff Sep 18, 2024

    In this episode, we dive deep into the future of Ethereum's infrastructure with Drew from CommitBoost. We unpack how CommitBoost aims to change Ethereum's block building process, potentially solving long-standing issues of censorship resistance and transaction efficiency. We unpack the concepts of inclusion lists and pre-confirmations, and how they could transform crypto. Thanks for tuning in!

    --

    Follow Drew: https://x.com/drewvdw

    Follow Rex: https://x.com/LogarithmicRex

    Follow nosleepjon: https://x.com/nosleepjon

    Follow Expansion: https://x.com/ExpansionPod_


    Subscribe on YouTube: / @expansionpod

    Subscribe on Apple: http://apple.co/4bGKYYM

    Subscribe on Spotify: http://spoti.fi/3Vaubq1


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    --

    Join us at Permissionless III Oct 9-11. Use code: EXPANSION10 for a 10% discount: https://blockworks.co/event/permissio...

    --

    Timestamps:

    (0:00) Introduction

    (1:43) MEV Boost Overview

    (13:52) End Game of Ethereum Infra

    (17:23) Permissionless III Ad

    (18:55) Designing Public Goods in Ethereum

    (24:27) Designing Commitments

    (32:58) Inclusion List Implications

    (39:13) Credible Neutrality Implications

    (51:10) Opt In Requirements

    --

    Disclaimer

    Expansion was kickstarted by a grant from the Celestia Foundation.


    Nothing said on Expansion is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Rex, Jon, and our guests may hold positions in the companies, funds, or projects discussed.

    Atlas: Combining TradFi Performance With DeFi Transparency | Eugene & Frankie Sep 12, 2024

    In this episode, we’re joined by Frankie from Paradigm, and Eugene from Ellipsis Labs! We discussed the launch of the Atlas L2 private testnet, why Atlas is utilizing the SVM to build an Ethereum L2, and design decisions made along the way. Additionally, we dove into Atlas’ approach to handling MEV. Finally, we covered what the Atlas application set needs to contain on mainnet launch, and first party vs third party apps


    Thanks for tuning in!

    --

    Resources


    Atlas Announcement Thread: https://x.com/atlasxyz/status/1833880969251524973

    --

    Namada is the shielded asset hub rewarding you to protect the multichain. Enabling data protection for any existing asset, app, or chain, Namada introduces shielded cross-chain actions and rewards for shielding your assets, which strengthens data protection guarantees for everyone.


    Namada is currently in its mainnet launch phase — follow along on namada.net

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow Frankie: https://x.com/FrankieIsLost

    Follow Eugene: https://x.com/0xShitTrader

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Timestamps:

    (0:00) Introduction

    (2:25) The Atlas L2

    (4:47) Why Launch An SVM L2?

    (10:01) The Differences Between SVM and EVM

    (14:48) Opinionated vs Unopinionated Design Philosophy

    (19:48) Token Incentivization and L2 Business Models

    (27:00) Atlas Design Decisions

    (35:11) Namada Ad

    (36:10) The Great Rollup Debate

    (42:09) Why Choose Ethereum As The Atlas Settlement Layer?

    (51:31) Handling MEV On Atlas

    (55:52) Should MEV Be Returned To Users?

    (1:01:57) Developing More Apps

    (1:04:54) First Party Apps vs Third Party Apps

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Are L2s Parasitic? | Roundup Sep 06, 2024

    In this episode, Mike and Myles opened with discussion on crypto’s meme culture, and Near’s recent marketing stunt. They then moved on to one of our industries hottest topics: the L1 value accrual debate. Is a rollup centric roadmap good, or bad, for Ethereum? How should we think about value capture? Additionally, they wondered, how valuable is interoperability? Finally, they closed by diving into community formation around decentralized networks.


    Thanks for tuning in!

    --

    Namada is the shielded asset hub rewarding you to protect the multichain. Enabling data protection for any existing asset, app, or chain, Namada introduces shielded cross-chain actions and rewards for shielding your assets, which strengthens data protection guarantees for everyone.

    Namada is currently in its mainnet launch phase — follow along on namada.net

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow Myles: https://x.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    --

    Timestamps:

    (0:00) Introduction

    (2:20) Crypto's Meme Culture

    (7:34) Near's Marketing Stunt

    (11:43) The L1 Value Accrual Debate

    (20:13) Namada Ad

    (21:12) Is A Rollup Centric Roadmap Good For Ethereum?

    (39:05) Thinking About Value Capture

    (48:25) How Valuable Is Interoperability?

    (53:28) Building Communities

    (59:58) The Role of Infrastructure In Bootstrapping Community

    (1:09:41) Myles' Five Year Outlook

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Finding Consumer Gems in Crypto | Qiao & Imran Sep 03, 2024

    In this episode, Qiao and Imran from AllianceDAO joined us to discuss infrastructure exhaustion in crypto, the Fat App Thesis, and the cultural differences between blockchains. Additionally, we asked ourselves, is there a long term bull case for L1s? Where are the consumer app builders? Finally, we unpacked how TikTok has intersected with crypto, and how crypto can potentially solve the failing business model of traditional media.


    Thanks for tuning in!

    --

    Resources

    Mason Nystrom - The Fat App Thesis: https://x.com/masonnystrom/status/1827026279964799043

    --

    Namada is the shielded asset hub rewarding you to protect the multichain. Enabling data protection for any existing asset, app, or chain, Namada introduces shielded cross-chain actions and rewards for shielding your assets, which strengthens data protection guarantees for everyone.

    Namada is currently in its mainnet launch phase — follow along on namada.net

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow Alliance: https://x.com/alliancedao

    Follow Imran: https://x.com/lmrankhan

    Follow Qiao: https://x.com/QwQiao

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Timestamps:

    (0:00) Introduction

    (1:56) Infrastructure Exhaustion in Crypto

    (7:22) Relative Valuation Between Apps & Infrastructure

    (14:48) The Fat App Thesis

    (21:40) Is There A Long Term Bull Case for L1s?

    (28:26) Where Are the Consumer App Builders?

    (32:46) Namada Ad

    (33:45) Cultural Differences Between Chains

    (42:40) What Do Blockchains Effectively Enable?

    (51:36) TikTok's Intersection With Crypto

    (1:00:39) Can Crypto Save the Traditional Media Business Model?

    (1:07:44) How Will Founders Change Over the Next 10 Years?

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Why Crypto Founders Are Leaving the West | Roundup Aug 31, 2024

    In this episode, we discuss the arrest of Telegram founder Pavel Durov and its potential impact on the TON blockchain. We then explore the SEC's lawsuit against OpenSea and its implications for NFTs as securities. The conversation shifts to the broader regulatory landscape for crypto in the US and globally. Finally, we touch on the current state of the NFT market and its future performance. Thanks for tuning in!

    - -

    Namada is the shielded asset hub rewarding you to protect the multichain. Enabling data protection for any existing asset, app, or chain, Namada introduces shielded cross-chain actions and rewards for shielding your assets, which strengthens data protection guarantees for everyone.

    Namada is currently in its mainnet launch phase — follow along on namada.net

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Timestamps:

    (0:00) Introduction

    (2:07) Sky Maker Rebrand

    (11:14) Namada Ad

    (12:13) Telegram Founder Arrested

    (26:54) TON Blockchain Outages & Ecosystem

    (37:28) SEC vs OpenSea

    (42:51) Where do Crypto Founders Go?

    (48:43) Are NFTs Dead?

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    The Fed’s Big Decision | Roundup Aug 24, 2024

    In this episode, the Roundup Crew discusses the current sentiment among market participants, and how seasonality impacts the markets. Additionally, they covered the Fed’s upcoming Jackson Hole symposium, rate cuts and job number revisions, and Kamala Harris’ potential capital gains tax policies. Finally, they took a look at Tron’s recent success and asked themselves, are centralized chains better at acquiring users?


    Thanks for tuning in!

    --

    Resources


    2xDog Chart on Bitcoin Seasonality: https://x.com/2xdog/status/1826460239090385028


    S.Y. Lee’s Comments: https://x.com/storysylee/status/1826296244568019259


    Tron Fees Chart: https://x.com/AviFelman/status/1825969241050550507

    --

    Namada is the shielded asset hub rewarding you to protect the multichain. Enabling data protection for any existing asset, app, or chain, Namada introduces shielded cross-chain actions and rewards for shielding your assets, which strengthens data protection guarantees for everyone.

    Namada is currently in its mainnet launch phase — follow along on namada.net

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    --

    Timestamps:

    (0:00) Introduction

    (2:42) Sentiment in the Crypto Markets

    (8:51) How Seasonality Impacts Markets

    (13:30) The Fed's Jackson Hole Symposium

    (15:27) Namada Ad

    (16:26) Kamala Harris' Capital Gains Tax Policies

    (24:06) Which Presidential Candidate Will Be Better For Crypto?

    (28:23) Rate Cuts & Job Revision Numbers

    (40:01) Story Protocol's Series B Announcement

    (46:51) Tron's Pump Fun Competitor

    (50:01) Are Centralized Chains Better at Acquiring Users?

    (55:22) Peter Thiel's Interview With Joe Rogan

    (58:50) Bill Clinton at the DNC

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Sreeram Speaks on the EigenLayer Airdrop Saga Aug 22, 2024

    In this episode, Mike and Jason are joined by Sreeram Kannan, the Founder of EigenLayer to discuss the recent Eigen Labs airdrop controversy, why Eigen Labs was not upfront about this list, and what changes they are making internally. Additionally, they dive into EigenLayer’s close relationship with the Ethereum Foundation, avoiding conflicts of interest within the industry, and the need for more disclosures in crypto. Finally, they take a look at how permissionless tokens will impact AVS security preferences.


    Thanks for tuning in!

    --

    Resources

    Coindesk: Top Crypto Startup Drove Other Projects’ Airdrops to its Employees: https://x.com/CoinDesk/status/1824067033350258815


    Coindesk: Crypto Airdrops Ban U.S. Users, but Americans Are Claiming Tokens Anyway: https://x.com/CoinDesk/status/1826441814770872797


    EigenLayer’s Response to the Coindesk Article: https://x.com/eigenlayer/status/1824175022308724749

    --

    Namada is the shielded asset hub rewarding you to protect the multichain. Enabling data protection for any existing asset, app, or chain, Namada introduces shielded cross-chain actions and rewards for shielding your assets, which strengthens data protection guarantees for everyone.

    Namada is currently in its mainnet launch phase — follow along on namada.net

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow Sreeram: https://x.com/sreeramkannan

    Follow Jason: https://x.com/JasonYanowitz

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Timestamps:

    (0:00) Introduction

    (2:27) Addressing the Eigen Labs Airdrop Controversy

    (10:42) Dealing With A Rapid Rise to Prominence

    (17:24) Namada Ad

    (18:23) Why Was Eigen Labs Not Upfront About the List?

    (22:28) Working Closely With the Ethereum Foundation

    (30:52) Avoiding Conflicts of Interest in the Crypto Industry

    (32:15) What Changes Is EigenLayer Making Internally?

    (35:27) Have Eigen Labs Employees Been Claiming Airdrops?

    (37:23) Upcoming Developments in the EigenLayer Ecosystem

    (58:57) How Permissionless Tokens Impact Security Preferences

    (1:03:20) The Need for More Disclosures in Crypto

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Who Is Bharat Ramamurti? | Alex Thorn & Nic Carter Aug 20, 2024

    In this episode, Alex Thorn from Galaxy Research, and Nic Carter from Castle Island Ventures joined us to discuss Operation Choke Point 2.0! We covered who’s involved in Operation Choke Point 2.0, Bharat Ramamurti’s influence on crypto policy in the United States, and how policy will vary between a Harris presidency and a Trump presidency. Additionally, we dove into the effectiveness of Operation Choke Point 2.0, and how we can advocate for our industry. Finally, we talked about the impact election odds have on crypto markets.


    Thanks for tuning in!

    --

    Resources

    “Kamala Harris will continue crypto crackdown” Alex Thorn’s Thread: https://x.com/intangiblecoins/status/1823338570104352884


    Cooper & Kirk - Operation Choke Point 2.0: The Federal Bank Regulators Come For Crypto: https://www.cooperkirk.com/wp-content/uploads/2023/03/Operation-Choke-Point-2.0.pdf


    Stand With Crypto: https://www.standwithcrypto.org/

    --

    Sei Labs believes the EVM is here to stay.


    By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications.


    Visit https://www.sei.io/ to find out more

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow Nic: https://x.com/nic__carter

    Follow Alex: https://x.com/intangiblecoins

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Timestamps:

    (0:00) Introduction

    (2:44) Operation Choke Point 2.0

    (6:42) Who's Involved In Operation Choke Point 2.0?

    (15:59) Sei Ad

    (16:42) Bharat Ramamurti's Anti-Crypto Stance

    (28:29) Crypto Policy Under Harris vs Trump

    (36:26) How Can We Advocate for the Crypto Industry?

    (43:37) Operation Choke Point 2.0s Effectiveness

    (52:03) Election Odds and Their Impact on Crypto Markets

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Conflicts of Interest in Crypto | Roundup Aug 16, 2024

    In this episode, we’re joined by Jim Parillo from Figment Capital! This week we discuss the success of prediction markets, conflicts of interest in crypto today, and the importance of self policing our industry. Additionally, we question how transparent crypto really is compared to traditional finance. Finally, we dive into the way advisory roles have mutated in crypto, and the pains that come along with rapid growth.


    Thanks for tuning in!

    --

    Resources

    EigenLayer’s Response to the Coindesk Article: https://x.com/eigenlayer/status/1824175022308724749


    Coindesk: Top Crypto Startup Drove Other Projects’ Airdrops to its Employees: https://x.com/CoinDesk/status/1824067033350258815


    Hasu’s Take on the Adoption of Prediction Markets: https://x.com/hasufl/status/1820818054621622673

    --

    Namada is the shielded asset hub rewarding you to protect the multichain. Enabling data protection for any existing asset, app, or chain, Namada introduces shielded cross-chain actions and rewards for shielding your assets, which strengthens data protection guarantees for everyone.


    Namada is currently in its mainnet launch phase — follow along on namada.net

    --

    re.al is the permissionless L2 for tokenized RWAs built on Arbitrum Orbit, and the first L2 to return chain and protocol fees back to users, in the form of reETH, ensuring users benefit from ecosystem growth!


    re.al has just launched a fully-transparent rewards (points) program returning 10% of $RWA supply to early users. Not investment advice or product solicitation and not aimed at US persons.


    Use the following code to get started: https://re.al/rewards/airdrop/O4UNU

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow Figment Capital: https://x.com/FigmentCapital

    Follow Jim: https://x.com/VelvetMilkman

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    --

    Timestamps:

    (0:00) Introduction

    (5:12) Venture Capital & the Apps vs Infrastructure Meta

    (19:25) The Success of Prediction Markets

    (30:36) Namada Ad

    (31:35) Re.al Ad

    (32:34) Conflicts of Interest in Crypto Today

    (43:33) Is Crypto Really More Transparent Than TradFi?

    (48:43) The Importance of Self Policing in Crypto

    (58:59) How Crypto Mutated Advisory Roles

    (1:01:52) Rapid Growth and the Pains That Come With It

    (1:07:33) Go Touch Grass

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Aavenomics: Making DeFi Great Again | Marc Zeller Aug 13, 2024

    In this episode, Marc Zeller, the founder of Aave-Chan Initiative, joined us to discuss Aave and the state of DeFi today! We dive into Aave’s Umbrella safety module, competition between DeFi protocols, and concerns around WBTC. Additionally, Marc gives his thoughts on revenue distribution models in DeFi, the Minimum Viable Issuance debate, and whether or not DeFi is propping up Ethereum. Finally, we address the speculation around Aave potentially deploying on Solana.


    Thanks for tuning in!

    --

    Resources


    Marc’s Aavenomics Update Proposal: https://x.com/lemiscate/status/1816469283624337413

    Umbrella Safety Module Chart from Sonya Kim: https://x.com/sonyasunkim/status/1816820866501443839

    Kain’s Take on DeFi: https://x.com/kaiynne/status/1821020189594669398

    MakerDAO: WBTC Changes and Risk Mitigation: https://forum.makerdao.com/t/wbtc-changes-and-risk-mitigation-10-august-2024/24844

    --

    Namada is the shielded asset hub rewarding you to protect the multichain. Enabling data protection for any existing asset, app, or chain, Namada introduces shielded cross-chain actions and rewards for shielding your assets, which strengthens data protection guarantees for everyone.


    Namada is currently in its mainnet launch phase — follow along on namada.net

    --

    Follow ACI: ​​https://x.com/Aavechan

    Follow Marc: https://x.com/lemiscate

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3M5eE6s

    --

    Timestamps:

    (0:00) Introduction

    (4:30) How Should DAOs Be Managed?

    (13:44) Marc's Crypto Origin Story

    (15:39) Namada Ad

    (16:38) Overview of Aave

    (21:35) The Umbrella Safety Module

    (37:36) Should Protocols Redistribute Revenue to Token Holders?

    (43:25) Buy & Burn vs Buy & Distribute

    (48:04) The State of DeFi Today

    (51:42) Competition Between DeFi Protocols

    (56:39) Deploying on Rollups

    (1:07:15) Is DeFi Propping Up Ethereum?

    (1:11:33) The Minimum Viable Issuance Debate

    (1:20:17) Is Aave Coming To Solana?

    (1:24:36) WBTC Concerns

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Are L1s Converging on the Same Design? | Roundup Aug 09, 2024

    In this episode, Mike explores the most relevant topics in crypto today. He dives into Kamala Harris’ cabinet, Ripple’s settlement with the SEC, and Ethereum ETF flows to date. Additionally, he speculates on who might be the next SEC Chair after Gary Gensler. Finally, he closes with coverage of the internal debate happening within the Ethereum community and gives his take on whether or not opportunities in crypto are drying up.


    Thanks for tuning in!

    --

    Resources


    Behind the Curtain: The Harris Cabinet: https://www.axios.com/2024/08/07/kamala-harris-cabinet-election


    Farside ETH ETF Flows: https://farside.co.uk/?p=1518


    Qiao’s Thoughts on the Ethereum Rollup Roadmap: https://x.com/QwQiao/status/1821540694390907295


    TradeButWhy’s Take on Crypto Opportunities: https://x.com/tradebutwhy/status/1821464061021655246

    --

    Namada is the shielded asset hub rewarding you to protect the multichain. Enabling data protection for any existing asset, app, or chain, Namada introduces shielded cross-chain actions and rewards for shielding your assets, which strengthens data protection guarantees for everyone.


    Namada is currently in its mainnet launch phase — follow along on namada.net

    --

    re.al is the permissionless L2 for tokenized RWAs built on Arbitrum Orbit, and the first L2 to return chain and protocol fees back to users, in the form of reETH, ensuring users benefit from ecosystem growth!


    re.al has just launched a fully-transparent rewards (points) program returning 10% of $RWA supply to early users. Not investment advice or product solicitation and not aimed at US persons.


    Use the following code to get started: https://re.al/rewards/airdrop/O4UNU

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    --

    Timestamps:

    (0:00) Introduction

    (2:08) Kamala Harris Has Flipped Trump in Prediction Markets

    (6:14) The Harris Cabinet

    (13:00) Who Will Be the Next SEC Chair?

    (15:27) Namada Ad

    (16:26) Re.al Ad

    (17:25) Ripple's Settlement With the SEC

    (22:38) Ethereum ETF Flows

    (27:50) Debates on the Direction Ethereum is Headed

    (36:10) Are the Opportunities in Crypto Drying Up?

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Restaking’s Impact on the Future of Crypto | Season 8 Recap Aug 06, 2024

    In this episode, we recap all of the themes and topics from Season 8: Restaking’s Renaissance. We compare the sentiment around restaking between the start of the season to now, discuss the various use cases around restaking, and give our thoughts on pre confirmations. Additionally, we take a look at StakeSure, and the restaking customer base. Finally, we think about what the future has in store for the restaking market.


    Thanks for tuning in!

    --

    Resources


    StakeSure & EigenLayer: Strong cryptoeconomic security https://x.com/sreeramkannan/status/1799581328679334391

    --

    Sei Labs believes the EVM is here to stay.


    By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications.


    Visit https://www.sei.io/ to find out more

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow Myles: https://x.com/MylesOneil

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -

    --

    Timestamps:

    (0:00) Introduction

    (2:22) Restaking Sentiment Now

    (8:07) Use Cases for Restaking

    (13:55) Sei Ad

    (14:39) Thoughts on Pre Confirmations

    (22:34) Vanilla PoS vs Proof of Authority

    (34:11) What is StakeSure?

    (42:06) The Restaking Customer Base

    (46:43) Creating an Ecosystem of AVSs

    (59:18) Predictions For Restaking's Future

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Can Crypto Survive a Recession? | Roundup Aug 03, 2024

    In this episode, the Roundup crew and Myles O’Neil are diving into the hot topics from a volatile week in the markets. They discuss the recent Compound Finance governance attack, the first week of Ethereum ETF trading, and how teams should handle token unlocks. Additionally, they ask if crypto is now a bipartisan issue, and what governance tokens should be classified as. Finally, they speculate on whether or not we are entering a recession.


    Thanks for tuning in!

    --

    Sei Labs believes the EVM is here to stay.


    By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications.


    Visit https://www.sei.io/ to find out more

    --

    re.al is the permissionless L2 for tokenized RWAs built on Arbitrum Orbit, and the first L2 to return chain and protocol fees back to users, in the form of reETH, ensuring users benefit from ecosystem growth!


    re.al has just launched a fully-transparent rewards (points) program returning 10% of $RWA supply to early users. Not investment advice or product solicitation and not aimed at US persons.


    Use the following code to get started: https://re.al/rewards/airdrop/O4UNU

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow Myles: https://x.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    --

    Timestamps:

    (0:00) Introduction

    (4:07) Trump at the Bitcoin Conference

    (10:19) Is Crypto Now A Bipartisan Issue?

    (19:20) Sei Ad

    (20:03) Re.al Ad

    (21:02) The Compound Finance Governance Attack

    (39:04) If Governance Tokens Aren't Securities, What Are They?

    (44:23) Are We Going Into a Recession?

    (52:00) The First Week of ETH ETF Trading

    (54:59) How Should Teams Handle Token Unlocks?

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.



    How Jito is Unlocking Restaking for Solana | S8 Finale | Lucas Bruder Jul 30, 2024

    In this episode, Lucas Bruder from Jito discusses their newly launched restaking platform for Solana. The conversation covers the history of Jito's products, the design choices behind their restaking solution, and how it differs from Ethereum-based platforms like Eigen Layer. Lucas explains the flexibility of Jito's approach, allowing for various assets including governance tokens, and discusses potential use cases such as oracles and keepers. The episode also explores the broader implications for Solana's ecosystem and the future of restaking across different blockchain environments.

    Thanks for tuning in!

    --

    Resources

    Jito Restaking Announcement: https://x.com/jito_sol/status/1816488798374830164

    --

    Namada is the shielded asset hub rewarding you to protect the multichain. Enabling data protection for any existing asset, app, or chain, Namada introduces shielded cross-chain actions and rewards for shielding your assets, which strengthens data protection guarantees for everyone.


    Namada is currently in its mainnet launch phase — follow along on namada.net

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow Lucas: https://x.com/buffalu__

    Follow Myles: https://x.com/MylesOneil

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -

    --

    Timestamps:

    (0:00) Introduction

    (2:46) The History of Jito

    (5:43) Jito Restaking Design Decisions

    (17:23) Potential Use Cases for Restaking

    (29:38) Namada Ad

    (30:37) Dealing with Potential Downtime

    (34:46) Restaking on Solana vs Ethereum

    (40:25) The Supply Side of Solana Restaking

    (42:42) Handling Slashing

    (46:45) Restaking Marketplace Dynamics

    (53:37) How Can Restaking Impact the Solana L1?

    (57:07) Synergies Within Jito's Product Suite

    (1:01:51) Outro

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Is Crypto Ready for the Big Leagues? | Roundup Jul 27, 2024

    In this episode, the Roundup crew discusses Ethereum ETF flows, the Jito restaking announcement and its impact on the Solana Ecosystem, and the recent AAVEnomics update proposal. Additionally, they speculate on when the Fed will finally cut rates, and what Trump might say during his Bitcoin Conference speech. Finally, they dive into what crypto policy might look like during a Harris presidency.


    Thanks for tuning in!

    --

    Resources


    The DAO Run Lemonade Stand: https://x.com/josephdelong/status/1540311662888161280

    --

    Sei Labs believes the EVM is here to stay.


    By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications.


    Visit https://www.sei.io/ to find out more

    --

    re.al is the permissionless L2 for tokenized RWAs built on Arbitrum Orbit, and the first L2 to return chain and protocol fees back to users, in the form of reETH, ensuring users benefit from ecosystem growth!


    re.al has just launched a fully-transparent rewards (points) program returning 10% of $RWA supply to early users. Not investment advice or product solicitation and not aimed at US persons.


    Use the following code to get started: https://re.al/rewards/airdrop/O4UNU

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    --

    Timestamps:

    (0:00) Introduction

    (2:22) Ethereum ETF Flows

    (11:56) Should Chains Be Opinionated About the Apps in Their Ecosystem?

    (15:31) Jito Restaking Announcement

    (21:49) Sei Ad

    (22:32) re.al Ad

    (23:31) Trump, RFK Jr, and the Bitcoin Conference

    (28:28) When Will the Fed Cut Rates?

    (31:38) AAVEnomics Update

    (40:35) Would a Harris Presidency Be a Net Good for Crypto?

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    The Bear Case for Shared Security | S8 E8 | Sunny & Toghrul Jul 23, 2024

    In this episode, Sunny, the Co-founder of Osmosis, and Toghrul from Scroll joined us to present the bear case for shared security. We discussed issues with Proof of Stake, the relationship between slashing and enshrining an LST, and the market size for restaking. Finally, we provide our thoughts on the intersubjective work token, and staking’s potential impact on the L1.


    Thanks for tuning in!

    --

    Resources


    Shared Security is a Psyop Speech: https://youtu.be/hdEEl3ixlfo?si=qkk89BaV6Q2krewQ

    --

    Namada is the shielded asset hub rewarding you to protect the multichain. Enabling data protection for any existing asset, app, or chain, Namada introduces shielded cross-chain actions and rewards for shielding your assets, which strengthens data protection guarantees for everyone.


    Namada is currently in its mainnet launch phase — follow along on namada.net

    --

    re.al is the permissionless L2 for tokenized RWAs built on Arbitrum Orbit, and the first L2 to return chain and protocol fees back to users, in the form of reETH, ensuring users benefit from ecosystem growth!


    re.al has just launched a fully-transparent rewards (points) program returning 10% of $RWA supply to early users. Not investment advice or product solicitation and not aimed at US persons.


    Use the following code to get started: https://re.al/rewards/airdrop/O4UNU

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow Toghrul: https://x.com/toghrulmaharram

    Follow Sunny: https://x.com/sunnya97

    Follow Myles: https://x.com/MylesOneil

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Timestamps:

    (0:00) Introduction

    (2:42) The "Shared Security is a Psyop" Speech

    (9:10) Issues with Vanilla Proof of Stake

    (19:29) Namada Ad

    (20:28) Re.al Ad

    (21:27) Slashing vs Enshrining an LST

    (30:24) The Market Size for Restaking

    (44:17) How Can You Keep Apps Within the Ecosystem?

    (49:51) Thoughts on the Intersubjective Work Token

    (58:29) Restaking's Impact on the L1

    (1:05:08) Outro

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Deep Dive: The CAKE Framework & Building a One Click Experience | Hart Lambur & Stephane Gosselin Jul 22, 2024

    In this special episode of Bell Curve, Stephane Gosselin and Hart Lambur joined us live at EthCC to discuss OneBalance and the CAKE Framework! Additionally, we dive into the economics of the solver layer, what effects an HFT dynamic arising in crypto would have, and UX in a OneBalance world. Finally, we speculate on how OneBalance will impact L2 business models.


    Thanks for tuning in!

    --

    Resource


    CAKE Framework Breakdown: https://x.com/0xASK/status/1813217270010609990

    --

    Sei Labs believes the EVM is here to stay.


    By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications.


    Visit https://www.sei.io/ to find out more

    --

    re.al is the permissionless L2 for tokenized RWAs built on Arbitrum Orbit, and the first L2 to return chain and protocol fees back to users, in the form of reETH, ensuring users benefit from ecosystem growth!


    re.al has just launched a fully-transparent rewards (points) program returning 10% of $RWA supply to early users. Not investment advice or product solicitation and not aimed at US persons.


    Use the following code to get started: https://re.al/rewards/airdrop/O4UNU

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow OneBalance: https://x.com/OneBalance_io

    Follow Stephane: https://x.com/thegostep

    Follow Hart: https://x.com/hal2001

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -

    --

    Timestamps:

    (0:00) Introduction

    (2:56) OneBalance and the CAKE Framework

    (21:09) Sei Ad

    (21:53) Re.al Ad

    (22:51) Economics of the Solver Layer

    (31:21) Would an HFT Dynamic Arising in Crypto Be Bad for the Space?

    (45:30) UX in a OneBalance World

    (53:07) How Will OneBalance Impact L2 Business Models?

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    A New Era: Trump’s Impact on Crypto and Innovation in the U.S. Jul 19, 2024

    In this episode, the Roundup crew covers a wild week in crypto and politics. They discuss the assassination attempt on Donald Trump, and how economic policy might look with JD Vance as the Vice President. Additionally, they speculate on whether or not Biden will drop out of the presidential race, and talk about the Fed’s approach to monetary policy leading up to the election. Finally, they wonder where we are in the AI hype cycle, and who benefits the most from L2 innovation.


    Thanks for tuning in!

    --

    Resources

    • Mark Cuban on Bitcoin: https://x.com/mcuban/status/1813591281970348264

    --

    Sei Labs believes the EVM is here to stay.


    By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications.


    Visit https://www.sei.io/ to find out more

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    --

    Timestamps:

    (0:00) Introduction

    (1:54) EthCC Recap

    (3:53) Discussing the Assassination Attempt on Trump

    (14:44) Mark Cuban and Other Elites Suddenly Rallying Behind Crypto

    (21:06) Sei Ad

    (22:06) Would Jamie Dimon Be a Good Treasury Secretary?

    (24:37) Economic Policy With JD Vance as VP

    (32:45) Will Biden Drop Out?

    (39:55) Recent Moves in the Crypto Markets

    (45:39) The Feds Approach to Policy Ahead of an Election

    (52:38) Where Are We in the AI Hype Cycle?

    (58:56) Apps vs Infrastructure

    (1:05:06) Who Benefits the Most From L2 Innovation?

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.



    EthCC Campside Chat: Protocols, Ecosystems, Community & Tokens | Vitalik Buterin & Christopher Goes Jul 16, 2024

    In this special episode, Vitalik Buterin and Christopher Goes joined us live from the Intents Discussions conference during EthCC 2024! Key highlights from this campside chat include: Vitalik’s reflections on crypto’s journey thus far and his insights on Ethereum’s inception, unbundling blockchain components, and competing with centralized protocols. The interview concludes with thoughts on social consensus, and the importance of learning from past failures to better navigate future developments.


    Thanks for tuning in!

    --

    Namada is the shielded asset hub rewarding you to protect the multichain. Enabling data protection for any existing asset, app, or chain, Namada introduces shielded cross-chain actions and rewards for shielding your assets, which strengthens data protection guarantees for everyone.


    Namada is currently in its mainnet launch phase — follow along on namada.net

    --

    Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system.


    If you believe in this on-chain financial system, join Kinto's launch program (Engen) and become a founding member at engen.kinto.xyz

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow Vitalik: https://x.com/VitalikButerin

    Follow Christopher Goes: https://x.com/cwgoes

    Follow Myles: https://x.com/MylesOneil

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -

    --

    Timestamps:

    (0:00) Introduction

    (5:22) Reflections on the Past 15 Years of Crypto

    (12:36) How Can We Compete Against Centralized Protocols?

    (19:08) Anoma Ad

    (20:07) Kinto Ad

    (21:01) Ethereum's Roadmap: What Comes Next?

    (38:33) The Role of Standards

    (49:47) Unbundling the Blockchain

    (56:12) Crypto's Successes and Failures

    (1:03:10) Questions From the Crowd

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    A Fresh Take on Shared Security | S8 E7 | Misha Putiatin Jul 09, 2024

    In this episode, Misha, CEO and Co-founder of Symbiotic, delves into the history and evolution of shared security. He discusses shared security’s various implementations over the years, and highlights Symbiotic's vision for the future. The conversation also touches on Symbiotic’s protocol design choices, offering a fresh perspective on shared security's potential to streamline and secure emerging networks.


    Thanks for tuning in!

    --

    Resources

    • Ethena + Symbiotic: https://blog.symbiotic.fi/ethena-symbiotic/

    --

    Namada is the shielded asset hub rewarding you to protect the multichain. Enabling data protection for any existing asset, app, or chain, Namada introduces shielded cross-chain actions and rewards for shielding your assets, which strengthens data protection guarantees for everyone.


    Namada is currently in its mainnet launch phase — follow along on namada.net

    --

    Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system.


    If you believe in this on-chain financial system, join Kinto's launch program (Engen) and become a founding member at engen.kinto.xyz

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow Symbiotic: https://x.com/symbioticfi

    Follow Felix: https://x.com/FelixLts

    Follow Myles: https://x.com/MylesOneil

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -

    --

    Timestamps:

    (0:00) Introduction

    (2:39) The History of Shared Security

    (6:27) Polkadot's Impact

    (12:18) Symbiotic's Vision for Shared Security

    (26:09) Namada Ad

    (27:08) Kinto Ad

    (28:02) Symbiotic's Protocol Design

    (56:13) Securing Cross-chain Transfers with Ethena

    (1:05:55) Symbiotic's Impact on Ethereum's Future

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    A New Era for U.S. Regulations | Roundup Jul 05, 2024

    In this episode, the Roundup crew discusses the aftermath of the Presidential Debate, and a Trump victory’s potential impact on the markets. Additionally, they dive into what the Chevron Doctrine was, and what the implications of its overruling are. Finally, they provide their views on current sentiment within the crypto markets, and how fresh capital is finding its way into crypto.


    Thanks for tuning in!

    --

    Sei Labs believes the EVM is here to stay.


    By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications.


    Try out sei v2 devnet - visit the new sei.io to find out more

    --

    Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system.


    If you believe in this on-chain financial system, join Kinto's launch program (Engen) and become a founding member at engen.kinto.xyz

    --

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    --

    Timestamps:

    (0:00) Introduction

    (3:06) The Presidential Debate

    (14:34) Sei Ad

    (15:34) Kinto Ad

    (16:27) Chevron Doctrine Overruled

    (24:16) Trump's Potential Impact on Markets

    (37:06) Making Sense of Current Market Sentiment

    (54:57) How Is Fresh Capital Finding Its Way Into Crypto?

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Ethereum’s Path Forward: Aligning Security and Monetary Policy | S8 E6 | Hasu & Justin Drake Jul 02, 2024

    In this episode, Hasu and Justin Drake joined us to discuss restaking, preconfs, Minimum Viable Issuance, and the future of Ethereum. We dive into the effects Ethereum monetary policy has on the validator set, the current market for restaking, and our thoughts on attester-proposer separation and proposer-builder separation. Finally, we cover what we’re most excited about in the future of Ethereum.


    Thanks for tuning in!

    --

    Namada is the shielded asset hub rewarding you to protect the multichain. Enabling data protection for any existing asset, app, or chain, Namada introduces shielded cross-chain actions and rewards for shielding your assets, which strengthens data protection guarantees for everyone.


    Namada is currently in its mainnet launch phase — follow along on namada.net

    --

    Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system.


    If you believe in this on-chain financial system, join Kinto's launch program (Engen) and become a founding member at engen.kinto.xyz

    --

    Follow Hasu: https://x.com/hasufl

    Follow Justin: https://x.com/drakefjustin

    Follow Myles: https://x.com/MylesOneil

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -

    --

    Resources

    • stETH is the decentralized reserve currency for the sovereign internet: https://www.adcv.xyz/p/steth-is-the-decentralized-reserve-currency

    --

    Timestamps:

    (0:00) Introduction

    (2:40) The Minimum Viable Issuance Debate

    (13:38) Monetary Policy & Impacts on the Validator Set

    (31:43) Namada Ad

    (32:42) Kinto Ad

    (33:35) Restaking's Effect on ETH Monetary Policy

    (44:16) Thoughts on APS and PBS

    (57:33) Decentralizing Centralized Components with Restaking

    (1:06:25) The Restaking Supply & Demand Mismatch

    (1:23:59) The Future of Ethereum

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.


    Harnessing the Untapped Potential of Bitcoin Staking | S8 E5 | David Tse Jun 25, 2024

    In this episode, David Tse, Co-founder of BabylonChain, joins us to explore the latest developments in the Bitcoin ecosystem. We dive into the transformative impact of Bitcoin staking, the innovative role of Babylon, and the broader technological and cultural shifts in the Bitcoin ecosystem. Finally, David provides insight into the Bitcoin staking market, and his outlook for its future.


    Thanks for tuning in!

    --

    Namada is the shielded asset hub rewarding you to protect the multichain. Enabling data protection for any existing asset, app, or chain, Namada introduces shielded cross-chain actions and rewards for shielding your assets, which strengthens data protection guarantees for everyone.


    Namada is currently in its mainnet launch phase — follow along on namada.net

    --

    Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system.


    If you believe in this on-chain financial system, join Kinto's launch program (Engen) and become a founding member at engen.kinto.xyz

    --

    Follow David: https://x.com/dntse

    Follow Myles: https://x.com/MylesOneil

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -

    --

    Resources

    • How Bitcoin Will Secure The Appchain Future | Rollkit, Babylon, Stride
    • https://apple.co/3VRFDZ4
    • Babylon Blog: Forkless Rollups with Bitcoin Staking
    • https://babylonchain.io/blog/forkless-rollups-with-bitcoin-staking

    --

    Timestamps:

    (0:00) Introduction

    (3:57) Recent Bitcoin Developments

    (12:10) How Babylon Enables Bitcoin Staking

    (33:39) Namada Ad

    (34:38) Kinto Ad

    (35:32) The Bitcoin Staking Market

    (55:18) Babylon's Massive Opportunity

    (1:01:12) Interview Reflection

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    How ZK Accounts Expand dApp Limits | John, Uma, & Zaki Jun 18, 2024

    In this episode, we dive deep into the world of ZK accounts and their potential. Uma, Zaki, and John, unpack ZK accounts, the trade-offs involved in design decisions, and the political landscape. We explore how ZK accounts enable trustless interoperability, enhance scalability, and unlock a dimension for dApps. The conversation also touches upon the convergence of blockchain design and the shift from infrastructure development to application-focused innovation, as ZK technology becomes more accessible and user-friendly.

    - -

    Follow John: https://x.com/jadler0

    Follow Zaki: https://x.com/zmanian

    Follow Uma: https://x.com/pumatheuma

    Follow Rex: https://x.com/LogarithmicRex

    Follow nosleepjon: https://x.com/nosleepjon

    Follow Expansion: https://x.com/ExpansionPod_

    Subscribe on YouTube: https://www.youtube.com/@expansionpod

    Subscribe on Apple: http://apple.co/4bGKYYM

    Subscribe on Spotify: http://spoti.fi/3Vaubq1

    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    --

    Join us at Permissionless III. Use code EXPANSION10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    - -

    Timestamps:

    (00:00) Introduction

    (02:11) ZK Accounts Overview

    (10:26) Why ZK?

    (18:05) Permissionless III Ad

    (19:25) Trade-offs of Design Decisions

    (31:36) What ZK Accounts Unlock

    (42:22) Endgame Convergence

    (50:37) ZK Application Unlock

    - -

    Disclaimer

    Expansion was kickstarted by a grant from the Celestia Foundation.

    Nothing said on Expansion is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Rex, Jon, and our guests may hold positions in the companies, funds, or projects discussed.


    Will the Fed Cut Rates in 2024? | Roundup Jun 14, 2024

    In this episode, we discuss FOMC, previous rate cutting cycles over the years, and if the FED will cut rates prior to the presidential election. We also breakdown the differing approaches blockchains take when dealing with MEV, and the ways networks and applications can monetize. Finally, we dive into how Trump’s stance towards crypto has affected regulatory policy.


    Thanks for tuning in!

    --

    Namada is the shielded asset hub rewarding you to protect the multichain. Enabling data protection for any existing asset, app, or chain, Namada introduces shielded cross-chain actions and rewards for shielding your assets, which strengthens data protection guarantees for everyone.


    Namada is currently in its mainnet launch phase — follow along on namada.net

    --

    Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii

    --

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    --

    Timestamps:

    (0:00) Introduction

    (2:34) Discussing FOMC and Economic Data

    (14:08) The Discrepancy Between Economic Data and Public Perception

    (16:10) Nomada Ad

    (17:09) Rate Cutting Cycles

    (22:20) Will the Fed Make Changes Before the Election?

    (24:43) Solana's Approach to Dealing With MEV

    (32:22) How Decentralized Networks Monetize

    (43:18) Ethereum's Scaling Roadmap

    (48:32) Trump's Effect on Crypto Policy

    --

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    How AVSs Enable Scalable, Secure and Customizable Execution | S8 E4 | Ludwig & Muto Jun 11, 2024

    In this episode, Ludwig from Sorella Labs and Muto from Ethos, two AVS builders, join to discuss the potential of restaked ETH and attributable security to revolutionize DeFi. They dive into how AVSs offer a scalable alternative to rollups by leveraging restaking to enable customizable off-chain execution while preserving the benefits of shared L1 liquidity. The discussion covers topics like preconfirmations, MEV, quorum design, costs of security, and Eigen Layer's role in enabling this new design space. Ludwig and Muto provide insights into how AVSs will unlock powerful new applications and impact the future of crypto. Thanks for tuning in!

    --

    Follow Ludwig: https://x.com/0xvanbeethoven

    Follow Muto: https://x.com/0xMuto

    Follow Myles: https://x.com/MylesOneil

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -

    --

    Sei Labs believes the EVM is here to stay.


    By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications.


    Try out sei v2 devnet - visit the new sei.io to find out more

    --

    Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system.


    If you believe in this on-chain financial system, join Kinto's launch program (Engen) and become a founding member at engen.kinto.xyz

    - -

    Timestamps:

    (0:00) Introduction

    (2:52) AVS Demand Side

    (15:14) Unlocking a New Design Space with Restaking

    (23:34) Sei Ad

    (24:34) Kinto Ad

    (25:28) Ethereum Alignment

    (31:24) AVS Branding

    (37:57) Quorum Design

    (45:58) Using an AVS vs a Rollup

    (52:10) AVS Costs

    (1:03:33) How AVS' Will Impact Applications

    (1:13:25) Interview Reflection

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Crypto's Great Rate Cut Cycle | Roundup Jun 07, 2024

    In this jam-packed episode, we dive into Starkware's million dollar initiative to scale Bitcoin with ZK tech, debate the implications of looming ETH ETF approvals, and discuss how the largest rate cutting cycle of our lifetimes could supercharge crypto. We also break down Coinbase's new Web3 wallet, the convergence of crypto infrastructure, and why Bitcoin DeFi faces an uphill adoption battle. Thanks for tuning in!

    - -

    Sei Labs believes the EVM is here to stay.


    By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications.


    Try out sei v2 devnet - visit the new sei.io to find out more

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Resources

    OTM Clip

    https://x.com/fejau_inc/status/1798366477479034988

    Coinbase smart wallet

    https://x.com/WatcherGuru/status/1798366017443557430

    - -

    Timestamps:

    (0:00) Introduction

    (1:12) Crypto's Partisan Momentm

    (6:14) Trading the Ethereum ETF

    (16:01) Sei Ad

    (17:01) Largest Rate Cut of Our Lifetime

    (28:50) Starkware Scaling BTC With ZK

    (35:50) Converging Architecture

    (44:13) Coinbase Smart Wallet

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Exploring Crypto's Modular Path | Rex & NoSleepJon Jun 06, 2024

    In this special episode, the Jason and Mike announce the launch of Expansion, a new Blockworks podcast focusing on the modular blockchain ecosystem. Expansion hosts Rex and NoSleepJon aim to explore the modular design concepts and architectural principles in the blockchain space. They highlight the benefits and challenges of modularity, the cultural and technical aspects, and how this new ecosystem is poised to disrupt existing technologies. Thanks for tuning in!

    - -

    Subscribe on YouTube: https://www.youtube.com/@expansionpod

    Subscribe on Apple: http://apple.co/4bGKYYM

    Subscribe on Spotify: http://spoti.fi/3Vaubq1


    Follow Zon: https://x.com/ItsAlwaysZonny

    Follow Keone: https://x.com/keoneHD

    Follow Rex: https://x.com/LogarithmicRex

    Follow nosleepjon: https://x.com/nosleepjon

    Follow Expansion: https://x.com/ExpansionPod_


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Timestamps

    (00:00) Introduction

    (05:07) Modularity in Crypto

    (18:50) Sovereignty & ZK with Modularity

    (25:30) Value Accrual in Crypto

    (35:11) Surviving Fragmentation

    (43:23) Modularity Ecosystem Competition

    - -

    Disclaimer

    Expansion was kickstarted by a grant from the Celestia Foundation.


    Nothing said on Expansion is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Rex, Jon, and our guests may hold positions in the companies, funds, or projects discussed.

    The Modular Integration Spectrum | Keone & Zon Jun 05, 2024

    In this episode, Keone from Monad and Zon from Initia to discuss the spectrum between modular and integrated blockchain designs. They explore the tradeoffs in decentralization, performance and scalability between the two approaches. They explore AppChains, rollups, composability challenges in modular systems, EVM compatibility, and when to scale blockchains horizontally vs vertically. To close out Keone and Zon also share valuable insights on building Web3 communities organically. Thanks for tuning in!

    - -

    Subscribe on YouTube: https://www.youtube.com/@expansionpod

    Subscribe on Apple: http://apple.co/4bGKYYM

    Subscribe on Spotify: http://spoti.fi/3Vaubq1


    Follow Zon: https://x.com/ItsAlwaysZonny

    Follow Keone: https://x.com/keoneHD

    Follow Rex: https://x.com/LogarithmicRex

    Follow nosleepjon: https://x.com/nosleepjon

    Follow Expansion: https://x.com/ExpansionPod_


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Timestamps:

    (00:00) Introduction

    (03:01) Modular vs Integrated

    (11:24) Who are Appchains for?

    (28:35) Composability in Modular World

    (35:52) Monad's Endgame

    (39:24) Importance of Decentralization

    (47:42) Building Web3 Community

    - -

    Disclaimer

    Expansion was kickstarted by a grant from the Celestia Foundation.


    Nothing said on Expansion is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Rex, Jon, and our guests may hold positions in the companies, funds, or projects discussed.

    The Power Dynamics of Liquid Restaking | S8 E3 | Sam, Krane, & Clayton Jun 04, 2024

    In this episode, we dive deep into the rapidly evolving world of liquid restaking. Our expert panel unpacks the history and rise of Liquid Restaking Tokens, exploring LRT design, yield strategies, the leverage dynamics between LRTs and Eigen Layer, and the potential impact of introducing multi-assets like Bitcoin. We examine the challenges posed by duration mismatches, the institutional appetite for liquid restaking, and the evolving market structure. Thanks for tuning in!


    --

    Follow Sam: https://x.com/hxrts

    Follow Kane: https://x.com/0xkrane

    Follow Clayton: https://x.com/menzel_clayton

    Follow Myles: https://x.com/MylesOneil

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -

    --

    Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system.


    If you believe in this on-chain financial system, join Kinto's launch program (Engen) and become a founding member at engen.kinto.xyz

    - -

    Timestamps:

    (0:00) Introduction

    (1:24) History & Rise of LRTs

    (11:35) LSTs vs LRTs

    (17:27) Kinto Ad

    (18:21) Demand for Liquid Restaking

    (34:19) Cosmos & Polkadot Lessons Learned

    (50:06) Cosmos & Polkadot Lessons Learned

    (1:00:18) Institutions & LRTs

    (1:04:47) Multi-Asset Restaking

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Is Crypto Bipartisan Now? | Roundup May 31, 2024

    In this episode, the guys debate whether Democrats can reverse course before the upcoming election. They also discuss the rise and fall of meme coins, despite Iggy Azalea's recent token launch. The conversation then shifts to the challenges facing Bitcoin's L2 development, OpenAI's legal battles over celebrity rights and employee NDAs, and Nvidia's AI-fueled stock surge. Finally, they highlight Jito's launch of Stakenet on Solana and compare the diverging paths of Ethereum and Bitcoin L2s. Enjoy!

    - -

    Sei Labs believes the EVM is here to stay.


    By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications.


    Try out sei v2 devnet - visit the new sei.io to find out more

    - -

    Flood is the optimal DEX aggregator, giving users and developers the mathematically proven best price.


    Flood is built from the ground up for speed and efficiency, MEV free and redistributes all trading surplus to users, meaning you can earn money while doing your regular swapping.


    Join Flood tide campaign!

    https://flood.bid/bell-curve

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Timestamps:

    (0:00) Consensus Vibes

    (6:10) Are the Democrats Late?

    (19:25) Sei Ad

    (20:24) Flood Ad

    (21:23) Celebrity Memecoins

    (24:46) Future of Memecoins

    (32:55) Aave, ENS, and Maker Chains

    (43:51) ZK Tech Evolution

    (45:56) Trademarking ZK

    (49:01) Uniswap Business Source License

    (50:17) AI Industry Endgame

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Exploring EigenLayer and The Future of Ethereum Security | S8 E2 | Sreeram Kannan May 28, 2024

    In this episode we are joined by Sreeram Kannan, founder of EigenLayer, to discuss the current state and future potential of restaking. The conversation covers Eigenlayer's rapidly growing ecosystem of actively validated services (AVS), the different types of security guarantees made possible by restaking, and how restaking can benefit both external protocols and Ethereum itself. Sreeram shares his vision for how Eigenlayer fits into the broader Ethereum scaling roadmap and addresses some key open questions around restaking's impact on the Ethereum validator set and issuance. Thanks for tuning in!

    --

    Follow Sreeram: https://x.com/sreeramkannan

    Follow Myles: https://x.com/MylesOneil

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -

    --

    Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system.


    If you believe in this on-chain financial system, join Kinto's launch program (Engen) and become a founding member at engen.kinto.xyz

    - -

    Resources

    https://blockworks.co/podcast/bellcurve/d102eb6c-ae76-11ee-85e5-e74b0e5c20b0

    - -

    Timestamps:

    (0:00) Introduction

    (3:10) State of LRTs

    (9:41) Supporting Native Staking

    (21:18) Kinto Ad

    (22:12) AVS GTM & Branding Strategy

    (37:43) Types of Security

    (1:02:05) AVS Tokens

    (1:11:59) Restaking & Accelerating ETH Growth

    (1:23:07) Pre-Confirmations Market Overview

    (1:34:41) Eigen Layer Endgame

    (1:39:25) Ethereum Issuance Debate

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    How ETH ETFs Will Reshape Crypto | Roundup May 24, 2024

    In this episode, the crew dives into discuss the 75% odds of an ETH ETF approval this month. They unpack the implications of ETH ETFs on crypto market structure and institutional adoption. The conversation also covers the evolving regulatory landscape and the backlash against Yuga Labs over their CryptoPunks moves. Finally, they debate the future outlook for NFTs, the return of retail, and the potential of ETH to power new web3 applications.

    - -

    Sei Labs believes the EVM is here to stay.


    By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications.


    Try out sei v2 devnet - visit the new sei.io to find out more

    - -

    Flood is the optimal DEX aggregator, giving users and developers the mathematically proven best price.


    Flood is built from the ground up for speed and efficiency, MEV free and redistributes all trading surplus to users, meaning you can earn money while doing your regular swapping.


    Join Flood tide campaign!

    https://flood.bid/bell-curve

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Timestamps:

    (0:00) Introduction

    (2:21) ETH ETF Odds

    (10:19) Crypto's Bipartisan Support

    (25:35) Sei Ad

    (26:35) Flood Ad

    (27:34) Future of Crypto Regulation

    (41:24) Return of Retail Users?

    (55:43) Bullish Prognosis of NFTs

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Restaking's Renaissance: The Next Generation of Blockchain Security | S8 E1 May 21, 2024

    This episode takes a deep dive into the evolving landscape of restaking and shared security. Mike and Myles trace the history of restaking from early iterations like Polkadot and Cosmos to the rise of specialized providers like Eigen Layer. They break down the market structure, analyzing the supply and demand sides, and exploring how new entrants plan to challenge Eigen Layer's dominance. The discussion also unpacks restaking's dual identities in exporting security to other chains versus upgrading base layer protocols, and touches on key challenges and risks to watch out for as the ecosystem develops.

    --

    Follow Myles: https://x.com/MylesOneil

    Follow Mike: https://x.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -

    --

    Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system.


    If you believe in this on-chain financial system, join Kinto's launch program (Engen) and become a founding member at engen.kinto.xyz

    - -

    Get the freshest price feeds free for 12 months. Join Supra’s early integration program for zero-cost access to the fastest oracles and dVRF across 50+ blockchains: supra.com/blockworks


    Earn $1,500 by referring Web3 projects to use Supra services. The projects get the fastest services for free, and you earn $1,500 for every referral. Learn more at the link above.

    - -

    Timestamps:

    Timestamps:

    (0:00) Restaking Season Reveal

    (4:19) State of Restaking Now

    (9:58) Definition of Shared Security

    (23:26) Kinto Ad

    (24:19) Supra Ad

    (25:15) Market Structure of Restaking

    (35:00) External vs Endogenous Restaking

    (47:42) Ethereum Issuance Debate

    (56:06) Restaking Platform Competition

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Growing Partisan Divide in Crypto | Roundup May 17, 2024

    In this episode, the guys discuss the recent prosecution of the Tornado Cash developer, the potential partisan nature of crypto regulation, and the ongoing vote on SAB 121. They delve into the history of asset seizure in the US, the shifting political attitudes towards crypto, and the potential implications for the industry. The conversation also touches on the recent GameStop saga and the return of 'Roaring Kitty', as well as the exploit engineered by 'Low Carb Crusader' and the subsequent legal consequences.

    - -

    Wormhole is a decentralized interoperability platform powering multi-chain applications and bridges. It provides developers with access to liquidity and users on over 30 leading blockchain networks, enabling use cases in DeFi, data queries, and governance. The platform is trusted by teams like Uniswap and Circle and, to date, the platform has facilitated the transfer of over 35 billion dollars through over 850 million cross-chain messages.


    Claim your unique Wormhole NFT at

    https://forms.clickup.com/45049775/f/1aytxf-16051/D1U8CUGM8SJWKVJ9KY

    - -

    Uniswap builds simple and secure products that help you swap smarter.

    Web. Mobile. Extension. Powered by the smartest protocol in DeFi.


    To learn more about the Uniswap’s products head on over to:

    https://blckwrks.co/Uniswap

    - -

    Flood is the optimal DEX aggregator, giving users and developers the mathematically proven best price.


    Flood is built from the ground up for speed and efficiency, MEV free and redistributes all trading surplus to users, meaning you can earn money while doing your regular swapping.


    Join Flood tide campaign!

    https://flood.bid/bell-curve

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Timestamps:

    (0:00) Introduction

    (3:01) Chamath & 2024 Silicon Valley VC

    (20:42) Return of Roaring Kitty

    (27:17) CPI Sentiment

    (39:32) Wormhole Ad

    (40:46) Flood Ad

    (41:45) Uniswap Ad

    (42:39) Low Carb Crusader Arrested

    (49:42) Tornado Cash Dev Sentenced to Dutch Prison

    (57:14) SAB 121 Vote

    (1:06:25) Is Crypto Partisan?

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.


    The Solana End Game | Anatoly Yakovenko & Lucas Bruder May 14, 2024

    Gm! This week we invite Anatoly Yakovenko & Lucas Bruder to the show for a discussion on the current state of Solana. We deep dive into the transaction problem as on chain volumes have exploded in recent months. Toly & Lucas explore the solutions that could help to increase chain performance & what's next for Solana. Enjoy!

    --

    Follow Anatoly: https://twitter.com/aeyakovenko

    Follow Lucas: https://twitter.com/buffalu__

    Follow Mert: https://twitter.com/0xMert_

    Follow Dan: https://twitter.com/smyyguy

    --

    Subscribe on YouTube: https://bit.ly/43o3Syk

    Subscribe on Apple: https://apple.co/3OhiXgV

    Subscribe on Spotify: https://spoti.fi/3OkF7PD


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    --

    00:00 Introduction

    01:54 Solana Chain Performance

    12:05 Helium Mobile

    13:08 The Criticism's Of Stake Weight QoS

    24:59 The QoS Patch Rollout

    27:31 Solana's TPS Problem

    31:40 The End State For Priority Fees

    35:00 Blocks Should Always Be Full

    43:45 The Solana End State

    52:33 Wen Dynamic Rent Fee?

    58:54 Solana Restaking

    01:05:07 MEV On Solana

    01:08:54 Firedancer

    --

    Disclaimers:


    Lightspeed was kickstarted by a grant from the Solana Foundation.


    Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.

    Will Crypto Leave the US? | Roundup May 10, 2024

    In this episode, the crew discusses the current state of crypto regulation and political candidate support in the US. They explore the viability of meme coins and the challenges of annualizing returns in the crypto space. The conversation also debates crypto-native gaming, the importance of crypto remaining a key industry in the US, and the technical improvements and institutional interest that could fuel a resurgence in Ethereum. Thanks for tuning in!

    - -

    Wormhole is a decentralized interoperability platform powering multi-chain applications and bridges. It provides developers with access to liquidity and users on over 30 leading blockchain networks, enabling use cases in DeFi, data queries, and governance. The platform is trusted by teams like Uniswap and Circle and, to date, the platform has facilitated the transfer of over 35 billion dollars through over 850 million cross-chain messages.


    Claim your unique Wormhole NFT at

    https://wormhole.com/bellcurve17-4859

    - -

    Uniswap builds simple and secure products that help you swap smarter.

    Web. Mobile. Extension. Powered by the smartest protocol in DeFi.


    To learn more about the Uniswap’s products head on over to:

    https://blckwrks.co/Uniswap

    - -

    Flood is the optimal DEX aggregator, giving users and developers the mathematically proven best price.


    Flood is built from the ground up for speed and efficiency, MEV free and redistributes all trading surplus to users, meaning you can earn money while doing your regular swapping.


    Join Flood tide campaign!

    https://flood.bid/bell-curve

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -


    Timestamps:

    (0:00) Introduction

    (2:39) US Crypto Political Climate

    (10:47) Viability of Memecoins

    (23:42) Wormhole Ad

    (24:56) Flood Ad

    (25:55) Uniswap Ad

    (26:48) FriendTech Airdrop

    (43:05) Is this Cycle Different?

    (55:28) Ethereum's Position

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Interoperability's Product-Market Fit | Deep Dive May 08, 2024

    In today's episode, Michael chats with Nikhil Suri from the Wormhole Foundation about the future of multichain and interoperability in crypto. They discuss the challenges of creating a seamless user experience across different chains, the role of general message passing protocols like Wormhole, and the potential impact of zero-knowledge proofs on scaling and security. Nikhil also shares his thoughts on the social challenges of interoperability standards adoption and the current product-market fit for cross-chain applications, particularly in the realm of token transfers and multichain governance.

    --

    Follow Nikhil: https://twitter.com/nsuri_

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -

    --

    Sei Labs believes the EVM is here to stay.


    By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications.


    Try out sei v2 devnet - visit the new sei.io to find out more.

    - -

    Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system.


    If you believe in this on-chain financial system, join Kinto's launch program (Engen) and become a founding member at engen.kinto.xyz

    - -

    Get the freshest price feeds free for 12 months. Join Supra’s early integration program for zero-cost access to the fastest oracles and dVRF across 50+ blockchains: supra.com/blockworks


    Earn $1,500 by referring Web3 projects to use Supra services. The projects get the fastest services for free, and you earn $1,500 for every referral. Learn more at the link above.

    - -

    Timestamps:

    (0:00) Introduction

    (2:49) The Future of Multichain

    (8:15) Opionated vs Flexibility

    (13:34) ZKPs & Interop

    (23:06) Sei Ad

    (24:06) Kinto Ad

    (24:59) Supra Ad

    (25:55) Impact of Social Challenges

    (30:56) PMF of Interop

    (32:37) Multichain Governance

    (38:17) What is the Good Crypto Outcome?

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Eigen's Dual Staking Dilemma: Eth vs Eigen Security | Roundup May 03, 2024

    In this episode, Mike and Myles dive into Eigen Layer's major announcement, unpacking the details and implications of the Eigen token airdrop, the Eigen Foundation, and the positioning of Eigen as an "intersubjective work token". They discuss the community's mixed reaction to the airdrop details and geo-fencing, the objectives and considerations around airdrops in general, and the innovative tokenomic design of the Eigen token in enabling a dual staking system with ETH to secure Eigen Layer and mitigate risks. Mike and Myles explore how this new staking model could impact the Eigen Layer ecosystem, AVS adoption of the Eigen token, and the overall bullish effect it could have on ETH and the growth of restaking. Enjoy!

    - -

    Wormhole is a decentralized interoperability platform powering multi-chain applications and bridges. It provides developers with access to liquidity and users on over 30 leading blockchain networks, enabling use cases in DeFi, data queries, and governance. The platform is trusted by teams like Uniswap and Circle and, to date, the platform has facilitated the transfer of over 35 billion dollars through over 850 million cross-chain messages.


    Claim your unique Wormhole NFT at

    https://wormhole.com/bellcurve15-2292

    - -

    Uniswap builds simple and secure products that help you swap smarter.

    Web. Mobile. Extension. Powered by the smartest protocol in DeFi.


    To learn more about the Uniswap’s products head on over to:

    https://blckwrks.co/Uniswap

    - -

    Flood is the optimal DEX aggregator, giving users and developers the mathematically proven best price.


    Flood is built from the ground up for speed and efficiency, MEV free and redistributes all trading surplus to users, meaning you can earn money while doing your regular swapping.


    Join Flood tide campaign!

    https://flood.bid/bell-curve

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Timestamps:

    (0:00) Introduction

    (3:35) Eigen Layer Announcements

    (10:16) Risks of Eigen

    (17:35) Objective of Airdrops

    (27:46) Wormhole Ad

    (29:00) Flood Ad

    (29:59) Uniswap Ad

    (30:53) Eigen Token Design

    (34:42) Intersubjective Work Token

    (45:41) Value Accrual

    (57:32) Security Decision Making

    (1:05:39) Bullish Eth Affect

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Crypto's Multichain Masterplan | S7 E8 Apr 24, 2024

    Season 7 | Episode 8

    In this wrap-up episode of Season 7, Mike and Hart dive deep into the multichain endgame of crypto. They discuss how the user and developer experience might evolve in a multichain future, the role of ZK tech in enabling interoperability, and the importance of standardization across chains. They explore the potential for L1 assets to become commodities, the challenges of achieving sub-second finality, and the ultimate goal of reinventing global financial infrastructure through blockchain technology. Thanks for watching season 7!

    --

    Follow Hart: https://twitter.com/hal2001

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -

    --

    Sei Labs believes the EVM is here to stay.


    By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications.


    Try out sei v2 devnet - visit the new sei.io to find out more.

    - -

    Uniswap builds simple and secure products that help you swap smarter.

    Web. Mobile. Extension. Powered by the smartest protocol in DeFi.


    To learn more about the Uniswap’s products head on over to:

    https://blckwrks.co/Uniswap

    - -

    Get the freshest price feeds free for 12 months. Join Supra’s early integration program for zero-cost access to the fastest oracles and dVRF across 50+ blockchains: supra.com/blockworks


    Earn $1,500 by referring Web3 projects to use Supra services. The projects get the fastest services for free, and you earn $1,500 for every referral. Learn more at the link above.

    - -

    Timestamps:

    (0:00) Introduction

    (4:17) Multichain End Game Vision

    (15:04) Crypto's Commodity Boom

    (27:14) Blockspace is a Commodity

    (34:02) Sei Ad

    (35:02) Uniswap Ad

    (36:06) Supra Ad

    (37:02) Zero Knowledge Costs Improvement

    (49:09) Dream Transaction Flow

    (58:42) Market Demand for Interoperability

    (1:05:12) Intent & General Message Layers

    (1:13:36) User Security Model Preference

    (1:24:51) Best Outcome of Crypto

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.


    Solana: State Of The Network | Mert Mumtaz, Dan Smith | Lightspeed Apr 23, 2024

    Gm! Bell Curve's season 7 will be back soon. This week our friends Mert and Dan from the Lighspeed discuss the state of the network, MarginFi drama, Uniswap vs the SEC, airdrops, Monad's $225 million raise & more. Enjoy!

    --

    Follow Mert: https://twitter.com/0xMert_

    Follow Dan: https://twitter.com/smyyguy

    Follow Lightspeed: https://twitter.com/Lightspeedpodhq

    --

    Subscribe on YouTube: https://bit.ly/43o3Syk

    Subscribe on Apple: https://apple.co/3OhiXgV

    Subscribe on Spotify: https://spoti.fi/3OkF7PD


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    --

    Try 3 months FREE of Helium Mobile with the code LIGHTSPEEDMOBILE: hellohelium.com


    Experience a new phone service that uses the Helium Network – a decentralized wireless network built by the people – AND the nation’s largest 5G network. Drastically save costs while you enjoy unlimited talk, text, and data for just $20/month. Plus, you can earn MOBILE tokens for sharing where you use your phone the most.

    --

    00:00 Introduction

    01:24 Solana: State Of The Network

    13:03 Helium Mobile Ad

    14:05 Do Validators Need To Be Profitable?

    17:36 MarginFi

    33:28 Airdrops

    36:58 SEC Sends Uniswap a Wells Notice

    46:42 Monad Raises $225 Million

    --

    Disclaimers:


    Lightspeed was kickstarted by a grant from the Solana Foundation.


    Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Dan and our guests may hold positions in the companies, funds, or projects discussed.

    Bitcoin's Renaissance: Inside Runes, Ordinals, and Transaction Revenue | Roundup Apr 19, 2024

    In this week's round up the Mike and Vance dive into the recent Bitcoin correction, discussing the narratives surrounding interest rates, politics, and the upcoming halving. They explore the launch of Runes on Bitcoin and its potential impact on the ecosystem. The conversation also delves into the merging of Bitcoin and Ethereum, the challenges faced by Solana, and the importance of L1 performance for L2 functionality. They discuss the concept of profits and fees for L1s, the growth of restaking, and the role of apps in shaping the future of crypto. Thanks for tuning in!

    - -

    Wormhole is a decentralized interoperability platform powering multi-chain applications and bridges. It provides developers with access to liquidity and users on over 30 leading blockchain networks, enabling use cases in DeFi, data queries, and governance. The platform is trusted by teams like Uniswap and Circle and, to date, the platform has facilitated the transfer of over 35 billion dollars through over 850 million cross-chain messages.


    Claim your unique Wormhole NFT at

    https://wormhole.com/bellcurve14-7833

    - -

    Uniswap builds simple and secure products that help you swap smarter.

    Web. Mobile. Extension. Powered by the smartest protocol in DeFi.


    To learn more about the Uniswap’s products head on over to:

    https://blckwrks.co/Uniswap

    - -

    Flood is the optimal DEX aggregator, giving users and developers the mathematically proven best price.


    Flood is built from the ground up for speed and efficiency, MEV free and redistributes all trading surplus to users, meaning you can earn money while doing your regular swapping.


    Join Flood tide campaign!

    https://flood.bid/bell-curve

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Timestamps:

    (0:00) Introduction

    (5:40) Bitcoin Correction Thoughts

    (18:46) Bitcoin Memecoin Barbell

    (23:49) Wormhole Ad

    (25:03) Flood Ad

    (26:02) Uniswap Ad

    (26:55) Runes Launch

    (40:07) User & Economic Lock in

    (46:49) L1 vs L2 Scaling

    (57:11) Profits for an L1

    (1:03:09) Restaking Growth

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Inside the Crypto Options and Derivatives Boom | Nick Trileski Apr 16, 2024

    In this episode, Mike is joined by Nick Trileski, a crypto options trader at Cumberland DRW, for an in-depth discussion on the current state of the crypto options and derivatives market. They explore the growth of options trading, the psychology around all-time highs, and the increasing institutional demand as evidenced by rising open interest. The conversation also touches on the dynamics of perps versus options, the risks and opportunities in basis trades like Athena, and the potential for continued growth in the crypto options space.

    --

    Follow Nick: https://twitter.com/ntrlsk

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -

    --

    Sei Labs believes the EVM is here to stay.


    By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications.


    Try out sei v2 devnet - visit the new sei.io to find out more.

    - -

    Uniswap builds simple and secure products that help you swap smarter.

    Web. Mobile. Extension. Powered by the smartest protocol in DeFi.


    To learn more about the Uniswap’s products head on over to:

    https://blckwrks.co/Uniswap

    - -

    Get the freshest price feeds free for 12 months. Join Supra’s early integration program for zero-cost access to the fastest oracles and dVRF across 50+ blockchains: supra.com/blockworks


    Earn $1,500 by referring Web3 projects to use Supra services. The projects get the fastest services for free, and you earn $1,500 for every referral. Learn more at the link above.

    - -

    Timestamps:

    (0:00) Introduction

    (2:03) State of Crypto Options

    (7:04) Perps vs Options

    (16:53) Perps vs Spot Growth

    (21:42) Sei Ad

    (22:41) Uniswap Ad

    (23:45) Who Uses Options?

    (30:18) Volatility of Crypto

    (33:35) Psychology of ATHs

    (40:37) Institutional Demand of Open Interest

    (43:00) Is Retail Back?

    (51:25) Ethena's Strategy

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Battle of Restaking Platforms & Alt L1s | Roundup Apr 12, 2024

    In this week's round up the Mike, Michael, and Vance break down Uniswap's fight with the SEC over a Wells notice and the implications for DeFi, as well as Bearchain's massive $100M raise. The risks of hedging altcoin investments using perpetual futures contracts are explored, along with the significance of Circle and BlackRock uniting to bridge traditional finance and DeFi. They also dissect the implosion at lending protocol MarginFi and the fierce competition heating up between Eigen and Carrick in the emerging universal restaking platform space.

    - -

    Wormhole is a decentralized interoperability platform powering multi-chain applications and bridges. It provides developers with access to liquidity and users on over 30 leading blockchain networks, enabling use cases in DeFi, data queries, and governance. The platform is trusted by teams like Uniswap and Circle and, to date, the platform has facilitated the transfer of over 35 billion dollars through over 850 million cross-chain messages.


    Claim your unique Wormhole NFT at

    https://wormhole.com/bellcurve13-1983

    - -

    Uniswap builds simple and secure products that help you swap smarter.

    Web. Mobile. Extension. Powered by the smartest protocol in DeFi.


    To learn more about the Uniswap’s products head on over to:

    https://blckwrks.co/Uniswap

    - -

    Flood is the optimal DEX aggregator, giving users and developers the mathematically proven best price.


    Flood is built from the ground up for speed and efficiency, MEV free and redistributes all trading surplus to users, meaning you can earn money while doing your regular swapping.


    Join Flood tide campaign!

    https://flood.bid/bell-curve

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Timestamps:

    (0:00) Introduction at Warp Speed

    (6:24) Uniswap Wells Notice

    (18:26) $100m Berachain Raise

    (28:04) Wormhole Ad

    (29:17) Flood Ad

    (30:16) Uniswap Ad

    (31:10) Karak Universal Restaking Platform

    (40:54) Hedging by Perps

    (48:05) Circle USDC & BlackRock CBDC

    (53:37) MarginFi Implosion

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Solana's MEV Inflection Point: Users vs Protocol | Deep Dive | Eugene & Lucas Apr 09, 2024

    In today's episode, Mike is joined by Eugene from Ellipsis Labs and Lucas from Jito to discuss the current state and future of MEV on Solana. The trio dives into the philosophical divergence between Solana and Ethereum's approaches to mitigating MEV, with Solana prioritizing user experience and low fees while Ethereum focuses on incentive compatibility and decentralization. They explore the challenges Solana faces with record volumes, network congestion, and the ongoing debate surrounding transaction fees and block space. The discussion also touches on the potential for Solana L2s, the fight against spam, and the network's meme coin mania, ultimately concluding with insights on the delicate balance Solana must strike between performance, decentralization, and user experience.

    --

    Follow Lucas: https://twitter.com/buffalu__

    Follow Eugene: https://twitter.com/0xShitTrader

    Follow Hart: https://twitter.com/hal2001

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -

    --

    Sei Labs believes the EVM is here to stay.


    By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications.


    Try out sei v2 devnet - visit the new sei.io to find out more.

    - -

    Uniswap builds simple and secure products that help you swap smarter.

    Web. Mobile. Extension. Powered by the smartest protocol in DeFi.


    To learn more about the Uniswap’s products head on over to:

    https://blckwrks.co/Uniswap

    - -

    Timestamps:

    (0:00) MEV on Solana

    (16:25) Ethereum vs Solana Approaches

    (27:34) Sei Ad

    (28:34) Uniswap Ad

    (29:37) Solana Spam Solution

    (36:18) Necessary Trade-Offs

    (44:43) Solana UX Degredation

    (50:53) Solana Fee Overhaul

    (1:03:32) Solana L2s

    (1:11:03) Dynamic Block Limits

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.


    The Evolution of Crypto Venture Funds | Roundup Apr 05, 2024

    In this week's round up the Mike, Michael, and Vance examine the new market structure emerging as fresh capital starts to flow back into the space and debate whether this could break the traditional crypto market cycles. They also discuss the impact of early liquidity on founders and teams through token launches. Additionally, they analyze the impressive growth and revenue numbers from Coinbase's layer 2 Base. Finally, they explore the role of collateral and yield in the crypto ecosystem compared to traditional finance.

    - -

    Wormhole is a decentralized interoperability platform powering multi-chain applications and bridges. It provides developers with access to liquidity and users on over 30 leading blockchain networks, enabling use cases in DeFi, data queries, and governance. The platform is trusted by teams like Uniswap and Circle and, to date, the platform has facilitated the transfer of over 35 billion dollars through over 850 million cross-chain messages.


    Claim your unique Wormhole NFT at

    https://wormhole.com/bellcurve11-7554

    - -

    Uniswap builds simple and secure products that help you swap smarter.

    Web. Mobile. Extension. Powered by the smartest protocol in DeFi.


    To learn more about the Uniswap’s products head on over to:

    https://blckwrks.co/Uniswap

    - -

    Flood is the optimal DEX aggregator, giving users and developers the mathematically proven best price.


    Flood is built from the ground up for speed and efficiency, MEV free and redistributes all trading surplus to users, meaning you can earn money while doing your regular swapping.


    Join Flood tide campaign!

    https://flood.bid/bell-curve

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Timestamps

    (0:00) Introduction

    (2:58) Aave and Maker Drama

    (23:18) Wormhole Ad

    (24:32) Flood Ad

    (25:31) Uniswap Ad

    (26:25) US Governement Sells Bitcoin

    (41:17) Structure of VCs

    (46:11) Founders in Web3

    (55:00) Liquid Restaking Layer TVL

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Network Effects and Value Accrual in Crypto | S7 E7 | Kyle Samani Apr 02, 2024

    Season 7 | Episode 7

    In today's episode Kyle Samani from Multicoin Capital joins Michael and Hart to discuss the complex dynamics of network effects in the blockchain ecosystem. The conversation dives deep into the different types of network effects at play, the phenomenon of anti-network effects caused by high gas fees, and the potential for blockchain technology to revolutionize global finance. Kyle shares his insights on the end state of L1 blockchains, the role of interoperability, and where value may ultimately accrue in the crypto stack. Along the way, they debate the relative importance of technological innovation versus monetary characteristics in driving value.


    Although our guest this week is a Managing Partner of a registered investment adviser, nothing in this podcast should be considered an offer of Multicoin’s investment advisory services or should otherwise be confused for investment, tax, legal or other financial advice.

    --

    Follow Kyle: https://twitter.com/KyleSamani

    Follow Hart: https://twitter.com/hal2001

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -

    --

    Sei Labs believes the EVM is here to stay.


    By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications.


    Try out sei v2 devnet - visit the new sei.io to find out more.

    - -

    Uniswap builds simple and secure products that help you swap smarter.

    Web. Mobile. Extension. Powered by the smartest protocol in DeFi.


    To learn more about the Uniswap’s products head on over to:

    https://blckwrks.co/Uniswap

    - -

    Get the freshest price feeds free for 12 months. Join Supra’s early integration program for zero-cost access to the fastest oracles and dVRF across 50+ blockchains: supra.com/blockworks


    Earn $1,500 by referring Web3 projects to use Supra services. The projects get the fastest services for free, and you earn $1,500 for every referral. Learn more at the link above.

    - -

    Timestamps:

    (0:00) Interview Start: Kyle Samani

    (3:53) Network Effects & Blockchains

    (17:57) Blockchain Based Games & Social Apps

    (27:45) Sei Ad

    (28:44) Uniswap Ad

    (29:38) Supra Ad

    (30:34) Integrated vs Modular

    (33:06) Protocol vs Token Network Effects

    (55:36) End State of L1s

    (1:08:58) Outro

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Are Crypto Market Cycles Changing for Good? | Roundup Mar 29, 2024

    In this week's round up the Mike, Michael, and Vance examine the new market structure emerging as fresh capital starts to flow back into the space and debate whether this could break the traditional crypto market cycles. They also discuss the impact of early liquidity on founders and teams through token launches. Additionally, they analyze the impressive growth and revenue numbers from Coinbase's layer 2 Base. Finally, they explore the role of collateral and yield in the crypto ecosystem compared to traditional finance.

    - -

    Wormhole is a decentralized interoperability platform powering multi-chain applications and bridges. It provides developers with access to liquidity and users on over 30 leading blockchain networks, enabling use cases in DeFi, data queries, and governance. The platform is trusted by teams like Uniswap and Circle and, to date, the platform has facilitated the transfer of over 35 billion dollars through over 850 million cross-chain messages.


    Claim your unique Wormhole NFT at

    https://wormhole.com/bellcurve11-7554

    - -

    Restaking is the biggest shift in Ethereum's staking landscape yet, and Swell is leading the charge with Liquid restaking token, rswETH.


    Restake your ETH with Swell to earn Pearls, EigenLayer points, and future restaking rewards — while still being able to participate in DeFi.


    Restake now: app.swellnetwork.io

    Follow Swell: https://twitter.com/swellnetworkio

    - -

    Flood is the optimal DEX aggregator, giving users and developers the mathematically proven best price.


    Flood is built from the ground up for speed and efficiency, MEV free and redistributes all trading surplus to users, meaning you can earn money while doing your regular swapping.


    Join Flood tide campaign!

    https://flood.bid/bell-curve

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Timestamps:

    (0:00) DAS London Review

    (12:36) Capital Supply Chain Thawing

    (29:03) Wormhole Ad

    (30:16) Swell Ad

    (31:12) Flood Ad

    (32:11) Psychological Impact of Liquidity Events

    (38:42) Importance of Token Launches

    (48:17) Base Revenue Growth

    (57:14) Collateral in Crypto

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Credible Commitments: How Pre-Confirmations Unlock L2 Interoperability | S7 E6 | Jonas & Murat Mar 26, 2024

    Season 7 | Episode 6


    In today's episode Mike and Hart are joined by Jonas from Chainbound and Murat from Prime to dive deep into the emerging world of pre-confirmations on Ethereum L2s. They discuss the current challenges facing L2s including centralized sequencers and limited composability, and explain how pre-confirmations act as credible commitments to include transactions, enhancing both UX and usability. Different pre-confirmation models are explored, such as builders or L1 proposers issuing pre-confirmations, and the associated incentives and coordination challenges. The guests also touch on the broader implications of pre-confirmations and sequencing for L1 proposer requirements, L1<>L2 interoperability, MEV, and enabling new DeFi primitives.

    --

    Follow Jonas: https://twitter.com/mempirate

    Follow Murat: https://twitter.com/MuratLite

    Follow Hart: https://twitter.com/hal2001

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -

    --

    Sei Labs believes the EVM is here to stay.


    By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications.


    Try out sei v2 devnet - visit the new sei.io to find out more.

    - -

    Uniswap builds simple and secure products that help you swap smarter.

    Web. Mobile. Extension. Powered by the smartest protocol in DeFi.


    Click here to learn more about the Uniswap’s products

    - -

    Get the freshest price feeds free for 12 months. Join Supra’s early integration program for zero-cost access to the fastest oracles and dVRF across 50+ blockchains: supra.com/blockworks


    Earn $1,500 by referring Web3 projects to use Supra services. The projects get the fastest services for free, and you earn $1,500 for every referral. Learn more at the link above.

    - -

    Timestamps:

    (2:17) Main Interview Start: Jonas & Murat

    (3:11) Eth L2 State of Union

    (6:47) Pre-Confirmations

    (31:51) L2 Interoperability

    (45:44) Sei Ad

    (46:44) Uniswap Ad

    (47:38) Supra Ad

    (48:33) Do Users Care about Pre-Con Origin?

    (55:01) Proposer Market Structure

    (1:04:57) Post Interview Reflection

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.


    Restaking and Shared Security: Lessons from Cosmos, Polkadot, and Beyond | Roundup Mar 22, 2024

    In today's episode, Mike is joined by Myles and special guest Jim Parillo from Figment Capital to explore the latest developments in the restaking ecosystem. They dive into lessons learned from shared security models in Cosmos and Polkadot. The conversation also touches on the differences between liquid staking tokens (LSTs) and liquid restaking tokens (LRTs), as well as the emergence of Solana L2s and their potential implications for the future of the network. Stay tuned for all of this and much more!

    - -

    Wormhole is a decentralized interoperability platform powering multi-chain applications and bridges. It provides developers with access to liquidity and users on over 30 leading blockchain networks, enabling use cases in DeFi, data queries, and governance. The platform is trusted by teams like Uniswap and Circle and, to date, the platform has facilitated the transfer of over 35 billion dollars through over 850 million cross-chain messages.


    Claim your unique Wormhole NFT at

    https://wormhole.com/bellcurve10-1009

    - -

    Restaking is the biggest shift in Ethereum's staking landscape yet, and Swell is leading the charge with Liquid restaking token, rswETH.


    Restake your ETH with Swell to earn Pearls, EigenLayer points, and future restaking rewards — while still being able to participate in DeFi.


    Restake now: app.swellnetwork.io

    Follow Swell: https://twitter.com/swellnetworkio

    - -

    Flood is the optimal DEX aggregator, giving users and developers the mathematically proven best price.


    Flood is built from the ground up for speed and efficiency, MEV free and redistributes all trading surplus to users, meaning you can earn money while doing your regular swapping.


    Join Flood tide campaign!

    https://flood.bid/bell-curve

    - -

    Follow Jim: https://twitter.com/VelvetMilkman

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Myles: https://twitter.com/MylesOneil


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Timestamps:

    (0:00) Introduction

    (4:24) TradFi Framing Memecoins

    (12:08) Restaking Ecosystem Update

    (29:20) Wormhole Ad

    (30:33) Swell Ad

    (31:47) Flood Ad

    (32:45) Shared Security Economics

    (38:56) AVS Dynamics

    (52:34) LRTs vs LSTs

    (1:03:40) Solana L2s

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Dencun: The Catalyst for Ethereum's L2 Vision | Roundup Mar 15, 2024

    In this week's round up the Mike, Michael, and Vance discuss the impact of the Dencun hard fork on Ethereum L2s, which has lowered fees and opened up new opportunities for L2 business models and applications. The conversation also covers Maker's DSR hike, the return of meme coin mania, Jito's decision to end its mempool product, the AI investing craze, and whether this crypto cycle will be fundamentally different from previous ones.

    - -

    Wormhole is a decentralized interoperability platform powering multi-chain applications and bridges. It provides developers with access to liquidity and users on over 30 leading blockchain networks, enabling use cases in DeFi, data queries, and governance. The platform is trusted by teams like Uniswap and Circle and, to date, the platform has facilitated the transfer of over 35 billion dollars through over 850 million cross-chain messages.


    Claim your unique Wormhole NFT at

    https://wormhole.com/bellcurve9-1998

    - -

    Restaking is the biggest shift in Ethereum's staking landscape yet, and Swell is leading the charge with Liquid restaking token, rswETH.


    Restake your ETH with Swell to earn Pearls, EigenLayer points, and future restaking rewards — while still being able to participate in DeFi.


    Restake now: app.swellnetwork.io

    Follow Swell: https://twitter.com/swellnetworkio

    - -

    Flood is the optimal DEX aggregator, giving users and developers the mathematically proven best price.


    Flood is built from the ground up for speed and efficiency, MEV free and redistributes all trading surplus to users, meaning you can earn money while doing your regular swapping.


    Join Flood tide campaign!

    https://flood.bid/bell-curve

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Timestamps:

    (0:00) Introduction

    (3:22) Dencun Kicking Off L2 Season

    (11:39) Alt L1 & L2 Strategies

    (18:35) Maker DSR Endgame

    (30:09) Wormhole Ad

    (31:23) Swell Ad

    (32:36) Flood Ad

    (33:35) Jito Ends Mempool

    (41:59) Memecoin Mania

    (48:38) AI Mania

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Debating the MakerDAO Endgame | Vance Spencer, Mark Phillips, and Hasu Mar 12, 2024

    In today's interview Sam and Brick are joined by Vance, Mark, and Hasu. Together they dive into MakerDAO's endgame. They discuss the current state of MakerDAO, including the DAI stablecoin and RWA adoption. The conversation then shifts to the bull case for Maker, with a focus on the new subDAO structure and how it aims to drive demand for the Maker token through a flywheel effect involving token farming incentives. The guests also debate the challenges MakerDAO faces in igniting organic demand for DAI and finding product-market fit between more centralized stablecoins like USDC. Stick around for all of this and much more!

    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Mark: https://twitter.com/AesPoker

    Follow Hasu: https://twitter.com/hasufl

    Follow Sam: https://twitter.com/swmartin19

    Follow Brick: https://twitter.com/0x___Brick

    Follow Blockworks Research: https://twitter.com/blockworksres


    Subscribe on YouTube: https://bit.ly/3foDS38

    Subscribe on Apple: https://apple.co/3SNhUEt

    Subscribe on Spotify: https://spoti.fi/3NlP1hA


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Resources

    https://www.steakhouse.financial/projects/makerdao-financial-report-2023

    PDF: https://drive.google.com/file/d/196mQAbiajSnjFM3SJq-pGuF8GhUwKtL3/view?usp=sharing

    PDF (IPFS): https://aqua-hollow-alpaca-520.mypinata.cloud/ipfs/QmdPmF9EuogwY5F2VHbYXG6eke8hYBvBc5p5rXQtvg1WtM

    EPUB: https://drive.google.com/file/d/18MVlmvd-b-bnFXAu2hnp7P0cPgj5DYHN/view?usp=sharing

    EPUB (IPFS): https://aqua-hollow-alpaca-520.mypinata.cloud/ipfs/QmXnr3VdsgM5MDjN3yMWmerQjWQMU54ExVW2yncSM9PAiA

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use 0X10 to get 10% off your ticket! Sign up now because the price goes up every month.

    See you there!


    Learn more + get your ticket here: https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Timestamps:

    (0:00) Introduction

    (1:37) MakerDAO Overview

    (5:29) Maker's RWA Adoption

    (15:52) Future of DAI Adoption

    (21:27) Bull Case for Maker

    (28:36) DAS London Ad

    (29:43) MakerDAO Endgame

    (35:20) subDAO Structure Inefficiencies

    (46:04) Maker Token Demand


    - -

    Check out Blockworks Research today! Research, data, governance, tokenomics, and models – now, all in one place


    Blockworks Research: https://www.blockworksresearch.com/

    Free Daily Newsletter: https://blockworks.co/newsletter

    - -

    Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.

    Chainlink: From Price Feeds to Universal Cryptoeconomic Standards | Sergey Nazarov, Co-founder Mar 08, 2024

    In this week's roundup the Bell Curve crew is joined by Sergey Nazarov, co-founder of Chainlink, joins us to discuss the evolution of Chainlink from a focus on price feeds to a platform for data, compute, and cross-chain services. Sergey explains how Cross-Chain Interoperability Protocol (CCIP) enables the secure transfer of both data and value across chains, with built-in risk management and programmable token transfers. He describes his vision for an Internet of Contracts that seamlessly connects the traditional financial system with blockchains. Stay tuned for all of this and much more!

    - -

    Wormhole is a decentralized interoperability platform powering multi-chain applications and bridges. It provides developers with access to liquidity and users on over 30 leading blockchain networks, enabling use cases in DeFi, data queries, and governance. The platform is trusted by teams like Uniswap and Circle and, to date, the platform has facilitated the transfer of over 35 billion dollars through over 850 million cross-chain messages.


    Claim your unique Wormhole NFT at

    https://wormhole.com/bellcurve8-9789

    - -

    Restaking is the biggest shift in Ethereum's staking landscape yet, and Swell is leading the charge with Liquid restaking token, rswETH.


    Restake your ETH with Swell to earn Pearls, EigenLayer points, and future restaking rewards — while still being able to participate in DeFi.


    Restake now: app.swellnetwork.io

    Follow Swell: https://twitter.com/swellnetworkio

    - -

    Flood is the optimal DEX aggregator, giving users and developers the mathematically proven best price.


    Flood is built from the ground up for speed and efficiency, MEV free and redistributes all trading surplus to users, meaning you can earn money while doing your regular swapping.


    Join Flood tide campaign!

    https://flood.bid/bell-curve

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL10 to get 10% off your ticket! Sign up now because the price goes up every month. See you there!


    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Follow Sergey: https://twitter.com/SergeyNazarov

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Timestamps:

    (0:00) Introduction

    (3:42) Chainlink Overview

    (17:05) CCIP Security Requirements

    (28:31) Bridging Banking & Capital Markets

    (36:56) Wormhole Ad

    (37:31) Swell

    (38:44) Flood Ad

    (39:43) Private Bank Chains Role

    (46:05) Security Assumptions of Chainlink

    (53:11) Risk Management DAWN

    (55:44) Missing Institutional Components

    (1:01:01) Future of Chainlink

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    The ZK-Proof Endgame for Full Interoperability | S7 E5 | Uma Roy Mar 06, 2024

    Season 7 | Episode 5


    In today's episode Mike and Hart are joined by Uma Roy to dive deep into the world of zero-knowledge proofs and their transformative potential for blockchain interoperability. The conversation explores the fundamentals of ZKPs, the current ZKP landscape, and the economics of generating and verifying proofs. Uma shares insights on how ZKPs can enhance capital efficiency, security, and scalability across various blockchain architectures, including rollups and crosschain communication. Stay tuned for all of this and much more!

    --

    Follow Uma: https://twitter.com/pumatheuma

    Follow Hart: https://twitter.com/hal2001

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH- -

    --

    Sei Labs believes the EVM is here to stay.


    By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications.


    Try out sei v2 devnet - visit the new sei.io to find out more.

    - -

    Uniswap builds simple and secure products that help you swap smarter.

    Web. Mobile. Extension. Powered by the smartest protocol in DeFi.


    Click here to learn more about the Uniswap’s products

    https://blckwrks.co/Uniswap

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL10 to get 10% off your ticket! Sign up now because the price goes up every month. See you there!


    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Timestamps:

    (0:00) Interview Start: Uma, Succinct

    (3:52) What are ZK-Proofs?

    (9:40) The ZKP Design Space

    (16:33) Sei Ad

    (17:32) Economics of ZK Proofs

    (29:12) Sync Committee Functionality

    (38:58) Uniswap Ad

    (39:52) ZK Proofs and Interop

    (1:03:40) ZK Usecases Outside of Blockchain

    (1:06:54) Outro

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Understanding the Rise of AI and Crypto as TradFi Plays Catch-up | Roundup Mar 01, 2024

    In this week's round up the Mike and Michael kick things off with their takes on ETHDenver and the excitement around restaking and AI applications in crypto. Shifting gears they analyze the recent crypto market performance and debate whether crypto's regulatory outlook is positive in an election year. Regarding institutional interest, Vance describes skepticism at a pension fund conference while Michael predicts FOMO from investors who missed previous crypto funds. Thanks for tuning in!

    - -

    Wormhole is a decentralized interoperability platform powering multi-chain applications and bridges. It provides developers with access to liquidity and users on over 30 leading blockchain networks, enabling use cases in DeFi, data queries, and governance. The platform is trusted by teams like Uniswap and Circle and, to date, the platform has facilitated the transfer of over 35 billion dollars through over 850 million cross-chain messages.


    Claim your unique Wormhole NFT at

    https://wormhole.com/bellcurve7-0129

    - -

    Restaking is the biggest shift in Ethereum's staking landscape yet, and Swell is leading the charge with Liquid restaking token, rswETH.


    Restake your ETH with Swell to earn Pearls, EigenLayer points, and future restaking rewards — while still being able to participate in DeFi.


    Restake now: app.swellnetwork.io

    Follow Swell: https://twitter.com/swellnetworkio

    - -

    Flood is the optimal DEX aggregator, giving users and developers the mathematically proven best price.


    Flood is built from the ground up for speed and efficiency, MEV free and redistributes all trading surplus to users, meaning you can earn money while doing your regular swapping.


    Join Flood tide campaign!

    https://flood.bid/bell-curve

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Timestamps:

    (0:00) Introduction

    (3:56) Sentiment of Eth Denver

    (8:59) Crypto AI Agents

    (19:36) Wormhole Ad

    (20:11) Swell Ad

    (21:24) Flood Ad

    (22:23) Is Retail Back?

    (33:04) Importance of Bitcoin ETF Flows

    (37:08) Anti-Crypto Army

    (44:09) Pension Fund Conference Climate

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Debating the Multichain End State: Service Providers vs Immutable Protocols | S7 E4 | Bryan Pellegrino Feb 27, 2024

    Season 7 | Episode 4


    In today's episode Mike and Hart are joined by Bryan Pellegrino, co-founder of LayerZero, to debate the the end state of the multi-chain future. They debate technical specifics like message passing protocols, bridging frameworks, censorship resistance, and security tradeoffs, as well as philosophies around infrastructure layers versus service providers, decentralization compromises, and application interoperability needs. The conversation explores modular versus monolithic architectures, native versus wrapped assets, batching transactions, the role of intermediaries, and more while aiming to find common ground on how blockchains and applications might interact at scale. Thanks for tuning in!

    --

    Follow Bryan: https://twitter.com/PrimordialAA

    Follow Hart: https://twitter.com/hal2001

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Sei Labs believes the EVM is here to stay.

    By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications.


    Try out sei v2 devnet - visit the new sei.io to find out more.

    - -

    Simple and secure products for allllllll the ways you swap.

    Swap, sign transactions, and send or receive crypto anywhere – without losing your place.

    Uniswap Extension is currently in alpha - join the waitlist.

    https://blckwrks.co/Uniswap

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL10 to get 10% off your ticket! Sign up now because the price goes up every month. See you there!


    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Timestamps:

    (0:00) Introduction

    (3:32) Layer0 End Game

    (15:40) Connecting a Multichain World

    (34:39) Sei Ad

    (35:39) Balancing Onchain Components

    (43:37) Uniswap Ad

    (44:30) Preserving Censorship Resistance

    (55:35) Trust Zones

    (1:09:09) Messaging vs Transport Layer

    (1:20:49) The Ideal End State

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Unpacking FDV, Token Distributions, and Hidden Value in Bull Markets | Roundup Feb 23, 2024

    In this week's round up the crew kicks things off with discussing recent commentary and analysis around Bitcoin ETF dynamics and the case for a potential Ethereum ETF approval. A debate then ensues on conceptual frameworks for valuating crypto tokens using market capitalization versus fully diluted valuation metrics and draw interesting parrelels of start-up equity vs token distributions. To close out they dig into Dencun, a controversial proposal to cap max percentage of ETH staked, and Gauntlet's recent move to terminate its risk service contract with Aave. Thanks for tuning in!

    - -

    Wormhole is a decentralized interoperability platform powering multi-chain applications and bridges. It provides developers with access to liquidity and users on over 30 leading blockchain networks, enabling use cases in DeFi, data queries, and governance. The platform is trusted by teams like Uniswap and Circle and, to date, the platform has facilitated the transfer of over 35 billion dollars through over 850 million cross-chain messages.


    Claim your unique Wormhole NFT at

    https://wormhole.com/bellcurve6-2395

    - -

    Restaking is the biggest shift in Ethereum's staking landscape yet, and Swell is leading the charge with Liquid restaking token, rswETH.


    Restake your ETH with Swell to earn Pearls, EigenLayer points, and future restaking rewards — while still being able to participate in DeFi.


    Restake now: app.swellnetwork.io

    Follow Swell: https://twitter.com/swellnetworkio

    - -

    Flood is the optimal DEX aggregator, giving users and developers the mathematically proven best price.


    Flood is built from the ground up for speed and efficiency, MEV free and redistributes all trading surplus to users, meaning you can earn money while doing your regular swapping.


    Join Flood tide campaign!

    https://flood.bid/bell-curve

    - -

    Follow Myles: https://twitter.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Timestamps:

    (0:00) Introduction

    (3:19) Bitcoin ETF Coping

    (6:32) The Case for an ETH ETF

    (17:33) Is FDV a Meme?

    (32:30) Wormhole Ad

    (33:05) Swell Ad

    (34:18) Flood Ad

    (35:17) Startup Funding vs Protocol Funding

    (47:56) Return of ICOs

    (53:09) Bitcoin Surpasses ATH in 14 Countries

    (55:07) Ethereum 4844 and Dancun Upgrade

    (1:02:14) Gauntlet Terminates AAVE Contract

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Why One Chain Can't Rule Them All: Polygon's Aggregation Layer Deep Dive Brendan Farmer Feb 20, 2024

    In this week's interview Sam and Ren from 0xResearch are joined by Brendan Farmer, the Co-Founder of Polygon. Brendan unpacks why no single blockchain can scale like the internet due to heterogeneous requirements across chains. He then introduces Polygon's solution - an Aggregation Layer that enables low-latency, trustless interoperability between ZK rollups to scale access to shared liquidity and state. They dig into interoperability and liveness, updates on ZK proof innovation, how the Polygon CDK and Aggregation Layer preserve sovereignty for connected chains, and the outlook for developer adoption to grow the Polygon ecosystem. To close out they also discuss novel use cases enabled by the Aggregation Layer. Thanks for tuning in!

    - -

    Follow Brendan: https://twitter.com/_bfarmer

    Follow Sam: https://twitter.com/swmartin19

    Follow Ren: https://twitter.com/purplepill3m

    Follow Blockworks Research: https://twitter.com/blockworksres


    Subscribe on YouTube: https://bit.ly/3foDS38

    Subscribe on Apple: https://apple.co/3SNhUEt

    Subscribe on Spotify: https://spoti.fi/3NlP1hA


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use 0X20 to get 20% off your ticket! Sign up now because the price goes up every month.

    See you there!


    Learn more + get your ticket here: https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Resources

    https://mirror.xyz/0xfa892B19c72c2D2C6B10dFce8Ff8E7a955b58A61/TXMyZhhRFa-bjr7YHwmJpKBwt2-_ysirbh_VpNy3qZY

    - -

    Timestamps


    00:42 Introduction

    04:02 The Aggregation Layer of Crypto

    06:54 Polygon CDK Vision

    10:56 Novel Aggregation Layer Use Cases

    19:25 Security & Risks of Agg Layer

    25:01 ZK Proofs Updates

    31:51 Agg Layer Value Accrual

    41:21 End Vision of Aggregation Layer

    46:38 POL Token Dynamics

    - -

    Check out Blockworks Research today! Research, data, governance, tokenomics, and models – now, all in one place


    Blockworks Research: https://www.blockworksresearch.com/

    Free Daily Newsletter: https://blockworks.co/newsletter

    - -

    Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.

    Leverage, Restaking, and Ethereum ETF Demand | Roundup Feb 16, 2024

    In this week's roundup the team checks in on booming Bitcoin ETF inflows versus declining gold ETF interest. Debating the likelihood and demand dynamics of an Ethereum spot ETF launch, they analyze whether restaking poses leverage risks and how to value Eigenlayer's opportunity. They then shift gears and discuss Starkware’s critiqued token distribution. Stick around for all of this and much more!

    - -

    Wormhole is a decentralized interoperability platform powering multi-chain applications and bridges. It provides developers with access to liquidity and users on over 30 leading blockchain networks, enabling use cases in DeFi, data queries, and governance. The platform is trusted by teams like Uniswap and Circle and, to date, the platform has facilitated the transfer of over 35 billion dollars through over 850 million cross-chain messages.


    Claim your unique Wormhole NFT at

    https://wormhole.com/bellcurve5-4923

    - -

    Restaking is the biggest shift in Ethereum's staking landscape yet, and Swell is leading the charge with Liquid restaking token, rswETH.


    Restake your ETH with Swell to earn Pearls, EigenLayer points, and future restaking rewards — while still being able to participate in DeFi.


    Restake now: app.swellnetwork.io

    Follow Swell: https://twitter.com/swellnetworkio

    - -

    Flood is the optimal DEX aggregator, giving users and developers the mathematically proven best price.


    Flood is built from the ground up for speed and efficiency, MEV free and redistributes all trading surplus to users, meaning you can earn money while doing your regular swapping.


    Join Flood tide campaign!

    https://flood.bid/bell-curve

    - -

    Follow Myles: https://twitter.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Timestamps

    (0:00) Introduction

    (2:56) Thoughts on Farcaster

    (4:50) Bitcoin ETF Flows

    (18:09) Demand for a Spot ETH ETF

    (30:26) Is Restaking Leverage?

    (48:26) Wormhole Ad

    (49:01) Swell Ad

    (50:14) Flood Ad

    (51:13) Valuing Eigen Layer & Revenues

    (1:07:06) Starkware Airdrop

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    The Chain Abstraction Thesis | Season 7 Episode 3 | Sam & Illia Feb 13, 2024

    Season 7 | Episode 3

    In today's episode Mike and Hart are joined by Sam Hart of Skip Protocol and Illia Polosukhin to dive into the world of chain abstraction. They discuss the consensus around the need for intent-based interoperability solutions, the incentives (or lack thereof) for ecosystems to be interoperable, and predictions around rollup consolidation and abstraction. Other topics covered include how user funds could be escrowed and verified in cross-chain architectures, the role of zero-knowledge proofs as a critical connecting infrastructure, and the tradeoffs between shared security and chain sovereignty. Stay tuned for all of this and much more!

    --

    Follow Ilia: https://x.com/ilblackdragon

    Follow Sam: https://x.com/hxrts

    Follow Hart: https://twitter.com/hal2001

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL10 to get 10% off your ticket! Sign up now because the price goes up every month. See you there!


    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Timestamps:

    (0:00) Interview Start: What is Chain Abstraction?

    (5:15) Cosmos Cross Chain Vision

    (18:07) NEAR Account Aggregation Vision

    (31:21) DAS London Ad

    (32:25) Unbridging Crypto Ecosystems

    (41:48) Exporting ETH as Money

    (59:39) Where will users lock in?

    (1:05:34) Endgame UX & Infrastructure

    (1:14:26) Outro

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Designing Sustainable Game Economies and Scaling Blockchain Games | Roundup ft. Robbie Ferguson Feb 10, 2024

    In this episode of Bell Curve, Robbie Ferguson of Immutable joins to discuss the state of blockchain gaming. They cover the core thesis behind web3 games - giving gamers real ownership of in-game assets to capture the $150B yearly market. Robbie explains Immutable's focus on providing the best platform for developers through solutions like ZK rollups, aggregated liquidity via the Global Order Book, frictionless wallets, and more. The group discusses strategies to create sustainable game economies, go-to-market approaches, and why a breakout blockchain game is inevitable. Stay tuned for all of this and much more!

    - -

    Wormhole is a decentralized interoperability platform powering multi-chain applications and bridges. It provides developers with access to liquidity and users on over 30 leading blockchain networks, enabling use cases in DeFi, data queries, and governance. The platform is trusted by teams like Uniswap and Circle and, to date, the platform has facilitated the transfer of over 35 billion dollars through over 850 million cross-chain messages.


    Claim your unique Wormhole NFT at

    https://wormhole.com/bellcurve4-1120

    - -

    Restaking is the biggest shift in Ethereum's staking landscape yet, and Swell is leading the charge with Liquid restaking token, rswETH.


    Restake your ETH with Swell to earn Pearls, EigenLayer points, and future restaking rewards — while still being able to participate in DeFi.


    Restake now: app.swellnetwork.io

    Follow Swell: https://twitter.com/swellnetworkio

    - -

    Flood is the optimal DEX aggregator, giving users and developers the mathematically proven best price.


    Flood is built from the ground up for speed and efficiency, MEV free and redistributes all trading surplus to users, meaning you can earn money while doing your regular swapping.


    Join Flood tide campaign!

    https://flood.bid/bell-curve

    - -

    Follow Robbie: https://twitter.com/0xferg

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Timestamps:

    (0:00) Introduction

    (3:31) The Crypto & Gaming Thesis

    (11:10) Successful Web3 Native Games

    (26:51) Wormhole Ad

    (27:26) Swell Ad

    (28:39) Flood Ad

    (29:38) User Frictions: Wallets & Gas Fees

    (33:45) How does Immutable X Work?

    (40:46) Measuring Per Paying Users

    (44:45) Web3 Model Adoption Timeline

    (52:14) Ecosystem Go-to-Market vs Immutable

    (59:18) Next CT Main Character

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.


    How Intents Unbundle Assets from Protocols | Season 7 Episode 2 | Ft. Christopher Goes Feb 06, 2024

    Season 7 | Episode 2


    In today's episode Mike and Hart are joined by Christopher Goes, Founder of Anoma. Chris unpacks flawed assumptions baked into current blockchain design and explains his vision for an intent-centric topology. Chris critiques the limitations of existing virtual machines modeled on outdated centralized mainframes, arguing they cannot keep pace with user needs. The discussion then explores the two key phases of intents - counterparty discovery and settlement. Chris then elaborates how solver networks can connect and route intents across blockchains to unlock seamless interoperability. To close out they dig into how zero-knowledge proofs economically emulate inter-blockchain verification, greatly reducing computational overhead. Stay tuned for all of this and much more!

    --

    Follow Christopher: https://twitter.com/cwgoes

    Follow Hart: https://twitter.com/hal2001

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL10 to get 10% off your ticket! Sign up now because the price goes up every month. See you there!


    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Timestamps:

    (0:00) Introduction: Blockchain Architecture Overview

    (13:06) Where did Blockchain go Wrong?

    (23:45) DAS London Ad

    (24:50) Intents Enabling Interop

    (34:01) Solver Networks

    (41:58) Intents in a Multichain Environment

    (48:35) Zero Knowledge Proofs & Emulations

    (1:02:51) Unbundling Ethereum the Asset & Protocol

    (1:19:00) Outro

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Inside the Evolution of Liquid Staking & Modular Money | Jon Charbonneau & Aidan Salzmann Feb 05, 2024

    Today's episode explores the intersection of liquid staking and the modular money ecosystem. Mike is joined by Stride Labs co-founder Aiden Salzman and John Charbonneau general partner of DBA. The trio dives deep into the architecture of the Stride protocol, including stTIA and the liquid staking module (LSM). The discussion touches on incentive alignment between protocols, demand drivers for liquid staking adoption, using liquid staking tokens as modular money across rollups, managing validator sets, and more. We hope you enjoy!

    --

    Follow Jon: https://twitter.com/jon_charb

    Follow Aidan: https://twitter.com/aidan0x

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL10 to get 10% off your ticket! Sign up now because the price goes up every month. See you there!

    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Resources

    https://dba.xyz/modular-money-liquid-staking-for-people-in-a-hurry/

    - -

    Timestamps:

    (0:00) Introduction

    (2:59) Architecture of Stride Protocol

    (18:58) Liquid Staking Module Overview

    (31:08) Reason for 25% Cap

    (39:36) Learning from Ethereum Liquid Staking

    (47:37) Managing Chain Specific Requirements

    (1:01:40) DAS London Ad

    (1:02:45) Monopoly Like Market Structure

    (1:09:56) Demand Drivers for Liquid Staking

    (1:18:49) Modular Money & LSTs

    (1:32:41) Rollup Market Dynamics

    (1:46:23) Restaking Usecases

    (1:52:16) Why Celestia LSTs are Different

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Return of ETH as Digital Money and Betting on Prediction Markets | Roundup Feb 02, 2024

    In this week's roundup Mike and Vance dive into the latest developments across crypto including the state of Bitcoin ETFs, return of ETH as money, and the growth of prediction markets. They discuss the recent impressive growth of Polymarket, a prediction betting platform now generating substantial interest and volume without any incentive programs. Shifting gears, they cover the launches of liquid staking tokens enabling easy yield capture for holders and the emergence of "modular money" concepts. Vance breaks down trends in L2 liquidity growth, increased demand for spot exposure, and how ETH is poised to benefit from institutional flows, trading activity, and more. Stay tuned for all this and much more!

    - -

    Wormhole is a decentralized interoperability platform powering multi-chain applications and bridges. It provides developers with access to liquidity and users on over 30 leading blockchain networks, enabling use cases in DeFi, data queries, and governance. The platform is trusted by teams like Uniswap and Circle and, to date, the platform has facilitated the transfer of over 35 billion dollars through over 850 million cross-chain messages.


    Claim your unique Wormhole NFT at

    https://wormhole.com/bellcurve3-8687

    - -

    Restaking is the biggest shift in Ethereum's staking landscape yet, and Swell is leading the charge with Liquid restaking token, rswETH.


    Restake your ETH with Swell to earn Pearls, EigenLayer points, and future restaking rewards — while still being able to participate in DeFi.

    Restake now: app.swellnetwork.io

    Follow Swell: https://twitter.com/swellnetworkio

    - -

    Flood is the optimal DEX aggregator, giving users and developers the mathematically proven best price.


    Flood is built from the ground up for speed and efficiency, MEV free and redistributes all trading surplus to users, meaning you can earn money while doing your regular swapping.

    Join Flood tide campaign!

    https://flood.bid/bell-curve

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

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    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Timestamps

    (0:00) Introduction

    (3:53) State of Bitcoin ETFs

    (16:34) Ethereum ETF Sentiment

    (22:07) Swell Ad

    (23:20) Crypto Unlocking Distribution

    (29:13) Polymarket & Prediction Markets

    (38:15) NFT's as an Investments

    (43:53) Wormhole Ad

    (44:29) stTIA Liquid Staking Launch

    (53:39) L2 Liquidity Growth

    (57:47) Jupiter Airdrop

    (1:08:35) Flood Ad

    (1:09:34) Vitalik's thoughts on AI & Crypto

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    The Multichain Endgame: Modularity, Network Effects, and The Intent Paradigm | Season 7 Episode 1 Ft. Hart Lambur Jan 30, 2024

    In today's Season 7 premiere Mike is joined by our season co-host Hart Lambur, co-founder of Across Protocol and UMA Protocol. Join them as they explore the emerging multichain endgame. First, they discuss different models for interoperability between chains and how protocols may connect in the future. This ties into the rise of an intent-centric blockchain paradigm, rethinking how users specify outcomes. Next the touch on modularity as blockchain components become unbundled from entire protocols. They close out by quantifying which layers accrue network effects, exploring new shared security models, and discussing what outcomes would ultimately satisfy this multichain future.

    --

    Follow Hart: https://twitter.com/hal2001

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL10 to get 10% off your ticket! Sign up now because the price goes up every month. See you there!


    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Timestamps:

    (0:00) Introduction: Season 7 Kick-off

    (10:36) The Interoperability End Vision

    (25:53) General Message Passing

    (39:39) DAS London Ad

    (40:43) Intermediaries in Intent Centric Paradigm

    (49:23) Modularity Vision

    (58:16) Money vs Platform

    (1:08:43) Network Effects & Value Accrual

    (1:14:49) Shared Security Multichain Dynamics

    (1:25:45) Chain Abstraction

    (1:30:02) The Dream Multichain Outcome

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Ethereum's Roadmap Dichotomy: Prioritizing the Protocol vs. the Asset | Roundup Jan 26, 2024

    In this week's roundup Mike and Myles dive deep into the dichotomy emerging between Ethereum the protocol and Ethereum the Asset. As Ethereum pushes activity to rollups and prioritizes exporting ETH's value, tough questions arise around stake rates, liquid staking derivatives, and monetary policy. Should Ethereum target a lower stake rate to favor liquid ETH? What are the risks of validator centralization? How should app tokens accrue value in a multi-chain future? Hear all of this and much more!

    - -

    Wormhole is a decentralized interoperability platform powering multi-chain applications and bridges. It provides developers with access to liquidity and users on over 30 leading blockchain networks, enabling use cases in DeFi, data queries, and governance. The platform is trusted by teams like Uniswap and Circle and, to date, the platform has facilitated the transfer of over 35 billion dollars through over 850 million cross-chain messages.


    Claim your unique Wormhole NFT at:

    https://wormhole.com/bellcurve2-9138

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL10 to get 10% off your ticket! Sign up now because the price goes up every month. See you there!


    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Myles: https://twitter.com/MylesOneil


    Subscribe on YouTube: https://bit.ly/3R1D1D9

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    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Timestamps

    (0:00) Introduction

    (5:01) Ethereum Protocol vs Asset

    (14:01) Eth the Currency

    (28:09) Wormhole Ad

    (28:44) Ethereum the Protocol Focus

    (31:20) Seeking Productive Assets

    (38:32) What should Eth Prioritize?

    (46:14) What Happens to other Tokens?

    (55:51) Time Horizon of Tokens as Equity

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    The Solution to Oracle Extractable Value Jan 23, 2024

    In today's episode of Bell Curve we are joined by both the UMA and Flashbots to dive into their latest collaboration, Oval. Oval unlocks a new MEV capture mechanism for protocols to monetize the value that they create. We unpack Oracle Extractable Value (OEV), a type of MEV that has historically been uncaptured by protocols. Stay tuned for all this and much more!

    - -

    Follow Hart: https://twitter.com/hal2001

    Follow Quintus: https://twitter.com/0xquintus

    Follow Tarun: https://twitter.com/tarunchitra

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL10 to get 10% off your ticket! Sign up now because the price goes up every month. See you there!


    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    TradFi Embracing Crypto, Private Equity Froth, and Macro Headwinds | Roundup Jan 19, 2024

    In this week's roundup Mike is joined by Michael and Vance of Framework Ventures. The trio kick things off by discussing macro sentiment and if a "soft landing" is truly on the horizon. The conversation then explores signs of excess in private market deals. The team also analyze the BTC ETF flows data so far, evaluating the implications of over $11 billion in trading volume. They then shift onto how overturning the Chevron doctrine could reshape the SEC's interpretation powers and authority. They wrap with a discussion on liquid staking - analyzing the incentives for validators and the potential addressable market if solutions gain more traction in Ethereum and alternative layer ones.

    - -

    Wormhole is a decentralized interoperability platform powering multi-chain applications and bridges. It provides developers with access to liquidity and users on over 30 leading blockchain networks, enabling use cases in DeFi, data queries, and governance. The platform is trusted by teams like Uniswap and Circle and, to date, the platform has facilitated the transfer of over 35 billion dollars through over 850 million cross-chain messages.


    Claim your unique Wormhole NFT at

    https://wormhole.com/bellcurve1/

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL10 to get 10% off your ticket! Sign up now because the price goes up every month. See you there!


    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Timestamps


    (0:00) Introduction

    (2:32) Macro Sentiments

    (8:28) Private Market Froth

    (22:27) Bitcoin ETF Inflows

    (29:26) Wormhole Ad

    (30:02) TradFi Crypto Adoption Implications

    (35:50) Chevron Doctrine Impact on Crypto

    (49:26) Ethereum Foundation Reddit AMAs

    (59:50) Restaking Debate

    (1:09:57) Liquid Staking Adoption on Celestia

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Solana's Local Fee Markets Aren't Real | Eugene Chen Jan 16, 2024

    Eugene Chen joins us to discuss why Solana's local fee markets aren't real. Well, they are real, but they don't yet work as advertised. Eugene is the co-founder of Ellipses Labs, Phoenix Protocol, and Umbra Research and he is one of the sharpest builders in Solana! In this episode, we discuss how Solana transactions work, how to improve Solana's fee markets, MEV on Solana, how apps can accrue their own MEV, Solana's DeFi risk, Phoenix's limit order book and more!


    - -

    Timestamps


    00:00 Introduction

    00:56 How Solana Transactions Work

    05:56 Solana’s Local Fee Markets Aren't Real

    29:53 Access Promo

    30:55 DAS Promo

    31:52 MEV on Solana

    36:59 App-Specific MEV and Value Accrual

    41:46 Solana Bots and Toxic MEV

    45:27 The Latency vs “Fair” Distribution of MEV Tradeoff

    48:41 Solana DeFi Risk and the mSOL depeg

    51:18 Why App Developers Should Understand the Infrastructure

    55:19 Ellipses Labs, Phoenix’s LOB and Points

    01:01:48 Solana’s Identity and Advice for Solana Builders


    - -

    Access Protocol is the best way to discover premium content from crypto's top publishers and independent creators. Access Protocol has reinvented content monetization, meaning you can access this premium content without endless ads or hard-to-cancel subscriptions.


    Access Protocol is crypto-native, built on Solana, and already has 225K users reading content, receiving NFTs and interacting with creators! Use this link to check out Access Protocol today:https://bit.ly/AccessProtocol_Lightspeed


    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks. Use the link below to learn more, and use LIGHTSPEED10 to get 10% off your ticket! Sign up now because the price goes up every month. See you there!


    Learn more + get your ticket here: https://blockworks.co/event/digital-asset-summit-2024-london/home


    - -

    Follow Eugen: https://twitter.com/0xShitTrader

    Follow Mert: https://twitter.com/0xMert_

    Follow Garrett: https://twitter.com/GarrettHarper_

    Follow Lightspeed: https://twitter.com/Lightspeedpodhq


    Subscribe on YouTube: https://bit.ly/43o3Syk

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    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/


    - -

    Resources


    Ellipsis Labs

    https://twitter.com/ellipsis_labs

    https://ellipsislabs.xyz/


    Phoenix

    https://twitter.com/PhoenixTrade

    https://www.phoenix.trade/


    Umbra Research

    https://www.umbraresearch.xyz/writings

    https://twitter.com/UmbraResearch


    Solana Fees, Part 1 (Solana Local Fee Markets Aren't Real)

    https://www.umbraresearch.xyz/writings


    - -

    Disclaimers:


    Lightspeed was kickstarted by a grant from the Solana Foundation.


    Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.

    Quantifying Maker Protocol: Revenue Analysis, Risk Frameworks and Stability Levers | Roundup Jan 12, 2024

    In this week's roundup Mike is joined by Blockworks Research Analysts Westie and Brick to dive into Maker Protocol's evolution into a cash flow machine. They analyze Maker's financials, revenue streams, and balance sheet metrics to showcase its impressive fundamentals. The discuss Maker's ambitious decentralized governance plans, including the introduction of subDAOs and a token redenomination. They also discuss Maker's moves into real-world assets, associated risks and revenue opportunities. The close out by discussing Vitalik's proposal to raise gas limits to boost performance, contrasting the goals of low fees versus client diversity and decentralization. They extend this into a broader discussion around Ethereum's role as a settlement layer, questioning how much performance impacts rollups and value accrual. Hear all of this and much more!


    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Brick: https://twitter.com/0x___Brick

    Follow Westie: https://twitter.com/WestieCapital


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL10 to get 10% off your ticket! Sign up now because the price goes up every month. See you there!


    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Resources

    Ethereum Demand Convo

    https://x.com/koeppelmann/status/1745400124816167366

    - -

    Timestamps

    (0:00) Introduction

    (1:16) Bitcoin ETF Inflows

    (2:41) The Maker Endgame

    (18:15) Maker Data Dive

    (26:22) Revenue and Balance Sheet for an Onchain Bank

    (43:05) Increasing Target Gas Limits on Ethereum

    (49:08) Balancing Client Diversity & Performance

    (55:53) Ethereum Performance Impacting Rollups

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Converging Cosmos & Ethereum: A Restaking & Shared Security Deep Dive | Sreeram & Zaki Jan 09, 2024

    Today Michael and Myles are joined by Zaki of Sommelier Finance and Sreeram of Eigenlayer for a deep discussion on the converging visions of Ethereum and Cosmos. They analyze how restaking could serve as a bridge between the two ecosystems, providing security to Cosmos chains while opening up new services for Ethereum. Zaki explains how the evolutionary "marketplaces of ideas" tend to succeed over centralized visions, while Eigenlayer offers flexible shared security and permissionless innovation. The group explores attributable versus pooled security, the endgame landscape with ETH as the dominant liquid asset, and optimizing staking models. Enjoy!

    --

    Follow Sreeram: https://twitter.com/sreeramkannan

    Follow Zaki: https://twitter.com/zmanian

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Myles: https://twitter.com/MylesOneil


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Maverick Protocol is a DeFi infrastructure provider focused on increasing industry efficiency, powered by Maverick AMM. Maverick helps token projects, DAO treasuries, liquidity providers or anyone in DeFi shape their liquidity with efficiency and flexibility. In other words, Maverick makes your liquidity smarter.


    Shape liquidity for your token today on Maverick at https://app.mav.xyz/bellcurve

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL20 to get 20% off your ticket! Sign up now because the price goes up every month. See you there!


    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Timestamps:

    (0:00) Introduction: Sreeram & Zaki

    (5:52) Role of Restaking

    (15:02) Economics of Paying for Security

    (33:11) Attributable VS Elastic Security

    (43:24) Benefits of Restaking for Ethereum

    (51:53) Sequencing Endgame

    (1:04:10) DAS London Ad

    (1:05:19) Ecosystem Endgame

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Unpacking Ethereum's Demand Drivers, Commodity Attributes, and Evolving Roadmap | Roundup Jan 06, 2024

    In this week's roundup Mike and Myles dive deep into Ethereum, analyzing its roadmap, monetary qualities, demand drivers, and commodity-like attributes. They review Vitalik's updated roadmap, discussing rollups, scalability, centralization concerns, and criticism around complexity. The conversation explores whether Ethereum can be "money", comparing it to Bitcoin and analyzing the demand side - from gas fees to rollup settlement to restaking. They also explore rollup sovereignty, the economics of native tokens vs ETH, and Stride's latest liquid staking proposal. Stick around for all of this and much more!


    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Myles: https://twitter.com/MylesOneil


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL10 to get 10% off your ticket! Sign up now because the price goes up every month. See you there!


    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Resources



    - -

    Timestamps

    (0:00) Introduction

    (3:54) Ethereum Roadmap Update

    (13:30) Is Ethereum Money?

    (20:07) L1s as Commodities

    (31:54) Demand Side of Ethereum

    (38:28) Currency & Bond Markets Comparison

    (44:37) DAS London Ad

    (45:47) Rollups & Sovereignty

    (1:03:17) Stride Liquid Staking Prop on Celestia

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Alluvial: The Enterprise-Grade Liquid Staking Standard | Mara Schmiedt Jan 02, 2024

    In this week's interview Dan and Sam are joined by Alluvial co-founder and CEO, Mara Schmiedt. They explore Alluvial's role in Liquid Collective's innovative offerings in the staking market. They dive into the trends of staking in crypto markets and the overall growth of liquid staking. Mara provides insights on the introduction of service level agreements (SLAs) in liquid staking, contributing to superior staking performance. We touch upon the and much more in the world of decentralized finance. Additionally, we delve into the target customer segment, significance of KYC in the minting process, and the future of liquid staking. For all this and more stay tuned!


    - -

    Follow Mara: https://twitter.com/MaraSchmiedt

    Follow Sam: https://twitter.com/swmartin19

    Follow Dan: https://twitter.com/smyyguy

    Follow Blockworks Research: https://twitter.com/blockworksres


    Subscribe on YouTube: https://bit.ly/3foDS38

    Subscribe on Apple: https://apple.co/3SNhUEt

    Subscribe on Spotify: https://spoti.fi/3NlP1hA


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use 0X20 to get 20% off your ticket! Sign up now because the price goes up every month.

    See you there!


    Learn more + get your ticket here: https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Timestamps


    01:03 Introduction

    01:19 The Liquid Staking Collective

    12:07 Service Level Agreements

    20:01 Ensuring Performance of Selected Set

    28:30 KYC Methodology & Integrators

    33:01 Target User

    43:31 Fee Structure

    51:23 Expansion and Balancing Competitors

    - -

    Resources


    Alluvial

    https://twitter.com/alluvialfinance

    Liquid Staking collective

    https://twitter.com/liquid_col

    - -

    Check out Blockworks Research today! Research, data, governance, tokenomics, and models – now, all in one place


    Blockworks Research: https://www.blockworksresearch.com/

    Free Daily Newsletter: https://blockworks.co/newsletter

    - -

    Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.

    Jupiter: The Aggregator Fueling Solana’s GDP | Meow Dec 29, 2023

    Today's episode is from our friends over at the Lightspeed team joined by Meow, the co-founder of Jupiter, joins us to discuss how Jupiter is building crypto's leading aggregator. Jupiter is a DEX aggregator on Solana that routes over 80% of all DEX trades! It's an absolute killer app that has served as the entry to Solana's vast ecosystem. In this episode, we discuss how Jupiter found PMF, why Meow chose Solana, how Jupiter will onboard millions of users, Jupiter's airdrop, Solana's massive opportunity, multichain strategies and more!


    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks. Use the link below to learn more, and use LIGHTSPEED20 to get 20% off your ticket! Sign up now because the price goes up every month. See you there!


    Learn more + get your ticket here: https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Timestamps

    (00:00) Introduction

    (01:11) The Secret to Jupiter’s Success

    (05:33) Why Solana Over Ethereum

    (14:25) DAS London Plug

    (15:22) Jupiter’s Massive Opportunity

    (37:13) Jupiter’s Token Airdrop and Token Philosophy

    (46:04) Advice for Crypto Founders

    (50:06) L2s and a Multichain Future

    (55:12) Routing Airdrops, Integrations and Growing the Pie

    - -

    Follow Meow: https://twitter.com/weremeow

    Follow Mert: https://twitter.com/0xMert_

    Follow Garrett: https://twitter.com/GarrettHarper_

    Follow Lightspeed: https://twitter.com/Lightspeedpodhq


    Subscribe on YouTube: https://bit.ly/43o3Syk

    Subscribe on Apple: https://apple.co/3OhiXgV

    Subscribe on Spotify: https://spoti.fi/3OkF7PD


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Resources


    Jupiter

    https://twitter.com/JupiterExchange

    https://jup.ag/

    - -

    Disclaimers:

    Lightspeed was kickstarted by a grant from the Solana Foundation.


    Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.

    Fee Markets: How Blockchains Price Scarce Resources | Pranav Garimidi & Sam Hart Dec 27, 2023

    Today's episode of Bell Curve explores the intricacies of blockchain fee markets, from their origins in Bitcoin to modern innovations like Ethereum's EIP-1559 and multidimensional fee markets. Mike is Joined by Pranav and Sam to dive deep into the challenges of balancing spam prevention and positive user experience by analyzing fee structures in major chains like Solana. They unpack the "fee market fallacy," fee burning debates, and using credits to shape desired user behaviors. This episode delivers a masterclass in the past, present and future of how blockchains price scarce resources.

    - -

    Follow Sam: https://twitter.com/hxrts

    Follow Pranav: https://twitter.com/PGarimidi

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL20 to get 20% off your ticket! Sign up now because the price goes up every month. See you there!


    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Resources

    EIP-1559

    https://eips.ethereum.org/EIPS/eip-1559

    - -

    Timestamps:

    (0:00) Introduction

    (2:58) What are Fee Markets?

    (11:53) The Fee Debate

    (22:44) EIP-1559 UX Upgrades

    (34:57) DAS London Ad

    (36:07) Burning Revenue to Miners

    (44:17) State of Solana Fee Markets

    (55:23) Potential Solution for Solana Fee Markets

    (1:04:34) Multidimensional Fee Markets

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Our 2024 Crypto Predictions | Roundup Dec 22, 2023

    In today's episode Vance, Michael, and Michael reflect on their 2023 predictions and dive into each major ecosystem's outlook for 2024. They share outlooks on Bitcoin, Ethereum, Solana, Cosmos, gaming, and NFTs. They touch on crypto's evolution, its key players, the reshuffling of top investors, and conclude with each sharing their biggest winners and flops of 2023. Tune in for all of this and much more!

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL20 to get 20% off your ticket! Sign up now because the price goes up every month. See you there!

    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Timestamps

    (0:00) Introduction

    (1:51) 2023 Predictions Review

    (11:23) Expectations for 2024

    (19:03) Bitcoin 2024 Outlook

    (23:24) Ethereum 2024 Outlook

    (33:28) DAS London Ad

    (34:37) Solana 2024 Outlook

    (42:53) Cosmos 2024 Outlook

    (54:18) The DA Wars

    (57:51) EVM Evolution

    (1:05:06) Blockchain Memes & NFTs

    (1:10:07) Biggest Flops & Winners

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    DEXs: Minimizing MEV, Fee Market Developments, and Superior DEX Designs | Season 6 Episode 8 Dec 19, 2023

    In this bittersweet season finale of Bell Curve Mike and Dan recap key themes from this season. They dive into specific topics like the impact of blocktimes on MEV and innovations in fee market structures. They also hit on rethinking simplistic metrics like TVL for assessing capital efficiency, how execution models like frequent batch auctions can optimize swappers’ experience, and the viability of bringing meaningful on-chain price discovery to compete with centralized exchanges. This leads the duo to the ongoing debate around optimized roles for passive retail liquidity providers in AMMs versus professional market makers, and managing financial inventory across decentralized networks and bridges. To close out Dan discusses Uniswap V4 and what experiences are paramount to get right. Thanks for watching and we'll see you next season!

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Dan: https://twitter.com/danrobinson


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Maverick Protocol is a DeFi infrastructure provider focused on increasing industry efficiency, powered by Maverick AMM. Maverick helps token projects, DAO treasuries, liquidity providers or anyone in DeFi shape their liquidity with efficiency and flexibility. In other words, Maverick makes your liquidity smarter.


    Shape liquidity for your token today on Maverick at https://app.mav.xyz/bellcurve

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL20 to get 20% off your ticket! Sign up now because the price goes up every month. See you there!

    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Timestamps:


    (00:00) Introduction

    (04:34) Importance of Blocktimes

    (13:46) Fee Markets Developments

    (22:13) Fee Markets Developments

    (31:33) DAS London

    (32:43) General L1s

    (42:12) Maverick Protocol

    (43:29) Price Discovery Onchain

    (59:28) Uni V4 Updates & Unichain

    - -

    Resources

    EIP-1559 Check-in

    https://prestwich.substack.com/p/has-anyone-checked-on-eip-1559-recently


    Epicenter Podcast

    https://epicenter.tv/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Data Availability Bake-off and Solana Fee Market | Roundup Dec 15, 2023

    In this episode of Bell Curve, the Myles and Mike dive into the Data Availability (DA) wars and explore potential strategies for DA solutions towards the enhancement of Ethereum Roll-ups. They analyze the trade-offs in choosing between different DA solutions and the influence of significant shifts in the blockchain ecosystem. The also touch on Solana fee markets and how successful applications may be economically enticed to eventually launch an app-chain. To close out they touch on the implications of recent FOMC meeting and its implications on asset prices in the crypto markets for 2024. Thanks for tuning in!


    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Myles: https://twitter.com/MylesOneil


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL20 to get 20% off your ticket! Sign up now because the price goes up every month. See you there!


    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Timestamps

    (0:00) Introduction

    (4:14) The Data Availability Wars

    (25:53) Economic Viability of DA Solutions

    (34:57) Multichain UX Challenges

    (46:45) The Solana Fees Debate

    (57:42) DAS London Ad

    (58:51) Brief 2024 Predictions

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Into the Next Cycle: Jito Airdrop, BTC NFTs, and The Return of VCs | Roundup Dec 08, 2023

    In this episode, the Bell Curve team returns to explore the recent launch of JTO token airdrop and discuss a Bitcoin NFT hot take. They dive into Jito's future, business model, and link to MEV and liquid staking. The conversation then shifts to Bitcoin NFTs and how they are rapidly gaining attention. Finally, they also talk about a wealth transfer effect in the upcoming years, the role of millennials, and how they are looking for more advantageous ways of creating wealth, including crypto.

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL20 to get 20% off your ticket! Sign up now because the price goes up every month. See you there!

    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Timestamps

    (0:00) Introduction

    (2:25) Jito Token Airdrop

    (17:28) The Bitcoin NFT Hot Take

    (20:51) DAS London Ad

    (22:00) Is Retail Back?

    (27:26) Indicators of Market Cycle Shift

    (32:47) Synthetix Burn Mechanism & Generating Revenue

    (39:13) Crypto: Generational Wealth Transfer?

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    How Appchains Align DEX Incentives | Season 6 Episode 7 Dec 05, 2023

    In this episode of Bell Curve, Mike and Dan dive into the world of decentralized derivatives trading with Antonio Juliano, founder and CEO of dYdX. They explore how dYdX leverages the Cosmos SDK to build an app-specific blockchain that aligns incentives between validators, token holders, and traders. They unpack dYdX's journey from Ethereum to Layer 2 to finally their own custom blockchain, detailing how each transition aims to solve core issues around performance, fees, and decentralization. They also cover designs enabled by app chains, dYdX's "social slashing" approach to mitigating MEV, off-chain components, and perpetual swaps adoption. We hope you enjoy!

    - -

    Follow Antonio: https://twitter.com/AntonioMJuliano

    Follow Myles: https://twitter.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Maverick Protocol is a DeFi infrastructure provider focused on increasing industry efficiency, powered by Maverick AMM. Maverick helps token projects, DAO treasuries, liquidity providers or anyone in DeFi shape their liquidity with efficiency and flexibility. In other words, Maverick makes your liquidity smarter.


    Shape liquidity for your token today on Maverick at https://app.mav.xyz/bellcurve

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL20 to get 20% off your ticket! Sign up now because the price goes up every month. See you there!


    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Timestamps

    (0:00) Introduction

    (2:36) Interview Start: Antonio

    (5:11) Balancing MEV Stakeholders

    (17:09) Batch Auction Solution

    (30:16) DAS London Ad

    (31:26) L2 vs App Chain

    (40:31) Going from dApp to L2 or App Chain

    (45:49) Maverick Ad

    (47:04) Decentralization and Offchain Components

    (53:32) Spot vs Perps vs Options in DEX Space

    (1:00:42) Outro

    - -

    Resources

    PEPC by Barnabe

    https://ethresear.ch/t/unbundling-pbs-towards-protocol-enforced-proposer-commitments-pepc/13879?u=barnabe

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Why the Cosmos Hub is Forking and BLAST L2 Will Probably Work | Roundup Dec 01, 2023

    This week's roundup the Michael, Vance, and Michael trio are joined by Sam Hart, the head of product and strategy at Skip Protocol, to cover the biggest news including Binance CEO CZ stepping down, the controversial launch of BLAST L2, and the forking of the Cosmos hub. They also touch on the odds of an institutional rally, Blur market share dominance, and USDT redemptions for fiat, silver, and gold. To close out the team covers the Bitcoin block size wars, Cosmos Prop 848, and Elon Musk's fight against advertisers. Enjoy!


    Follow Sam: https://twitter.com/hxrts

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL20 to get 20% off your ticket! Sign up now because the price goes up every month. See you there!


    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Timestamps

    (00:53) Turkey Season Review

    (02:20) CZ Steps Down & Binance Pleads Guilty

    (13:26) The Institutional Rally

    (21:28) Redeeming USDT for Cash

    (28:38) DAS 2024

    (29:48) Blast L2 Controversy

    (48:50) Blur Market Share Dominance

    (59:21) Contentious Atom Prop & Atom Fork

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Crypto’s Next Cycle: Solana’s Comeback vs Ethereum’s Head Start | Qiao Wang Nov 30, 2023

    Qiao Wang from Alliance DAO (a web3 accelerator) joins us to discuss the applications and protocols that are primed to dominate crypto's next cycle. Qiao reviews thousands of crypto startups every year, has an uncanny ability to predict future narratives and is one of my favorite thinkers in the space! In this episode, we discuss why RWAs and payments are crypto's massive opportunity, how speculation is crypto's killer feature, Solana's comeback vs Ethereum's headstart, Coinbase's giant opportunity, where the developers are building and more!


    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks. Use the link below to learn more, and use LIGHTSPEED20 to get 20% off your ticket! Sign up now because the price goes up every month. See you there!


    Learn more + get your ticket here: https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Timestamps


    00:00 Introduction

    00:45 Two Massive Opportunities: RWAs + Payments

    18:40 Why DePIN Works

    21:01 Speculation is Utility

    24:28 DAS LDN Plug

    25:26 Where Are Developers Building?

    28:57 Why Price Leads Everything

    32:13 DeFi Apps and Horizontal Integration

    34:53 The SuperApp Thesis

    39:32 Coinbase and Onchain Identity

    46:56 Cosmos’ Problem

    49:46 L2 Competition and Fragmentation

    57:29 What it Takes to Be a Great Crypto Founder


    - -

    Follow Qiao: https://twitter.com/QwQiao

    Follow Mert: https://twitter.com/0xMert_

    Follow Garrett: https://twitter.com/GarrettHarper_

    Follow Lightspeed: https://twitter.com/Lightspeedpodhq


    Subscribe on YouTube: https://bit.ly/43o3Syk

    Subscribe on Apple: https://apple.co/3OhiXgV

    Subscribe on Spotify: https://spoti.fi/3OkF7PD


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/


    - -

    Resources


    Good Game podcast

    https://spoti.fi/3MKMLRQ


    Alliance DAO

    https://alliance.xyz/

    https://twitter.com/alliancedao


    What does it take to be a good crypto founder?

    https://medium.com/alliancedao/what-does-it-take-to-be-a-good-crypto-founder-6c2600a99770

    - -

    Disclaimers:


    Lightspeed was kickstarted by a grant from the Solana Foundation.


    Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.

    Liquid Restaking is Coming Sooner Than You Think Nov 22, 2023

    In today's episode, Mike and Myles dive deep into the emerging world of liquid restaking. They take a deep look into the inner workings of depositing staked ETH into protocols like Eigenlayer to earn additional yield. They discuss competitive dynamics between these protocols, whether this is positive or dangerous for Ethereum, and implications for ETH becoming "crypto native treasuries" that export security and create collateral for DeFi. We hope you enjoy!


    Follow Myles: https://twitter.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_



    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Crypto’s premier institutional conference returns to London in March 2024 and we’ve got a killer deal for Black Friday...or as we call it BlackRock Friday.


    For a limited time we’re running a 20% promo on our 4 pack of DAS tickets. For just 399 GBP per ticket you can share the room with the world's top executives and hear from some of the largest institutions in crypto.


    Grab 3 friends or 3 colleagues and use code BLACKROCK for 20% off on 4 pack tickets. Only valid until Nov 27th.


    Use code "BLACKROCKBELL" at: https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Timestamps

    (0:00) Introduction

    (5:11) Balance Sheets of Liquid Staking Protocols

    (10:14) Eigen Layer Operating Model

    (26:53) DAS London Ad

    (28:02) Competitive Landscape of Liquid Staking

    (36:53) End Game of Eth Security

    (43:44) Blackrock Promo

    (44:42) Institutional vs Retail Services

    (52:05) Go to Market for Liquid Restaking Protocols

    (57:40) Is Liquid Restaking ETH Dangerous?

    (1:09:13) Check the Code is a Meme (For Now)

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Crosschain DEXs: The Next Frontier | Season 6 Episode 6 Nov 21, 2023

    Today we are diving deep into the world of interoperability and intents. Hart Lambur, co-founder at Risk Labs and UMA, joins us to analyze the trade-offs between different bridge architectures like atomic swaps, canonical bridges, and optimistic bridges. They discuss how intent-based protocols like Uniswap X and Across Protocol are reimagining bridges by introducing third parties to enable faster, cheaper transfers. To close out the team explores UX challenges in bridging assets across chains and whether retail traders can realistically serve as cross-chain market makers. For all this and more stay tuned!

    - -

    Maverick Protocol is a DeFi infrastructure provider focused on increasing industry efficiency, powered by Maverick AMM. Maverick helps token projects, DAO treasuries, liquidity providers or anyone in DeFi shape their liquidity with efficiency and flexibility. In other words, Maverick makes your liquidity smarter.


    Shape liquidity for your token today on Maverick at https://app.mav.xyz/bellcurve

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL20 to get 20% off your ticket! Sign up now because the price goes up every month. See you there!


    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Timestamps:

    (0:00) Introduction

    (3:03) State of Interoperability

    (7:25) Interop Messaging

    (26:08) Maverick Ad

    (27:23) UniswapX Multichain Design

    (32:58) Intent Based Design & Trade Offs

    (42:16) DAS London Ad

    (43:25) Searcher Market Structure

    (53:24) Timeframe of Abstracting Crosschain UX

    (57:11) Intent & Crosschain Payments

    (1:02:05) End Game Crosschain Vision

    (1:08:34) Outro

    - -

    Follow Dan: https://twitter.com/danrobinson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Hart Lambur: https://twitter.com/hal2001


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:


    Across Protocol

    https://twitter.com/AcrossProtocol

    https://across.to/


    UniswapX White Paper

    https://uniswap.org/whitepaper-uniswapx.pdf

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Chainlink End Game: CCIP, Link Restaking, and Competition | Roundup Nov 17, 2023

    In today's episode of Bell Curve we are joined by Link Marine legend Chainlinkgod.eth. Mike, Michael, and Vance dive into the past, present, and future of Chainlink. They kick off with Chainlink's community origins in 4chan. They move on to introduce how Chainlink aims to be a decentralized oracle network that securely connects blockchains to external data sources and APIs. They discuss key elements like its variety of services like price feeds, CCIP for cross-chain messaging, real world asset tokenization, and the LINK token's role. We hope you enjoy!


    Follow ChainLinkGod: https://twitter.com/ChainLinkGod

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL20 to get 20% off your ticket! Sign up now because the price goes up every month. See you there!


    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Timestamps

    (0:00) Introduction

    (1:39) The Link Marines Origin

    (10:21) What is Chainlink and Oracle Networks?

    (17:34) Are Institutions Good for Crypto?

    (27:09) DAS London Ad

    (28:19) Endgame for Blockchain Maturity

    (32:02) Overlooked Blockchain Use cases

    (39:01) CCIP Mechanics

    (47:02) The Competitors of CCIP

    (50:56) Solving the Cold Start Problem

    (59:23) What's Next for Link

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    A Deep Dive into Batch Auctions | Season 6 Episode 5 Nov 14, 2023

    Season 6 | Episode 5


    In this episode of Bell Curve we dive into the world of batch auctions with special guests Anna, co-founder of CowSwap, and Ludwig, Founder of Sorella Labs. The team digs into how Cowswap's innovative batch auctions function and how Sorella Labs' Angstrom project tackles LVR for sustainable liquidity. They unpack how app layer innovation and MEV-conscious design can mitigate value extraction. To close out they discusses whether price discovery will ever move from centralized to decentralized exchanges and what prerequisites are necessary for that to happen. Enjoy!

    - -

    Maverick Protocol is a DeFi infrastructure provider focused on increasing industry efficiency, powered by Maverick AMM. Maverick helps token projects, DAO treasuries, liquidity providers or anyone in DeFi shape their liquidity with efficiency and flexibility. In other words, Maverick makes your liquidity smarter.


    Shape liquidity for your token today on Maverick at https://app.mav.xyz/bellcurve

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL20 to get 20% off your ticket! Sign up now because the price goes up every month. See you there!


    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Timestamps:

    (0:00) Interview Start: Anna & Ludwig

    (4:47) What are Frequent Batch Auctions?

    (10:50) MEV by Passive LPs

    (15:42) Mechanism Design Avoiding MEV

    (21:20) DAS London Ad

    (22:29) Who are Solvers & their role in CoWSwap

    (29:40) How Angstrom Solves DEX MEV

    (33:06) CoW Hooks

    (38:18) Maverick Ad

    (39:33) Will Passive Liquidity Stay?

    (46:38) Why is Angstrom a Uniswap Hook?

    (52:07) Will Price Discovery Come Onchain?

    (58:47) Outro

    - -

    Follow Dan: https://twitter.com/danrobinson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Anna: https://twitter.com/AnnaMSGeorge

    Follow Ludwig: https://twitter.com/0xvanbeethoven


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:

    https://twitter.com/Sorellalabs

    https://twitter.com/CoWSwap

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Institutionalizing Crypto & The Return of the Bull Market | Roundup Nov 10, 2023

    In this week's roundup, the Michael power duo dives into the recent market rally and explore its implications in crypto including debt proceedings and VC appetite. They explore the Ethereum ETF approval potentially becoming a reality and the controversy surrounding Wintermute’s CEO Evgeny Gaevoy and the Near Foundation. To close out they discuss the future developments to look out for in the crypto, including the potential rise of alternative L1s and newer narratives.

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael A: https://twitter.com/im_manderson


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL20 to get 20% off your ticket! Sign up now because the price goes up every month. See you there!


    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Timestamps:

    (0:00) Introduction

    (2:01) Are We Back?

    (8:28) Token Prices Impacting Bankruptcy Proceedings

    (10:31) An FTX Restart?

    (20:11) Cycle Change Indicators?

    (24:42) Institutionalizing Crypto

    (35:23) DAS London Ad

    (36:32) Bitcoin Hashrate Lag

    (42:30) Near Foundation & Aurora Accusations

    (48:44) End Game of Blockchain Stacks

    - -

    Resources

    Wintermute CEO Accuses Near

    https://blockworks.co/news/wintermute-ceo-accused-near-foundation-of-failing-to-redeem-stablecoins


    BlackRock ETF Proposal

    https://blockworks.co/news/blackrock-ishares-ether-etf

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Token Season Review: The Hidden Costs of Airdrops | Roundup Nov 03, 2023

    In this week's Bell Curve roundup Mike and Myles discuss the return of "token season" - with recent launches like DYDX, Celestia, and Jupiter on Solana. They debate distribution strategies like airdrops, and whether excessive costs are justified. They also discuss Solana's price explosion and admire Solana for its focus on the app developer experience. To close out the duo debate weather the next crypto cycle will see real mainstream adoption of dApps. Thanks for tuning in!

    - -

    Timestamps

    (0:00) Introduction

    (1:58) Token Season Back?

    (6:15) Strategy for Token Season

    (7:56) Solana Comeback

    (14:36) DAS London Ad

    (15:46) Eth as Money vs Solana App Focus

    (25:10) Solana Breakpoint Excitement

    (31:29) ROI on Airdrops

    (47:15) Strategy for Celestia DA Adoption

    (57:04) Will Crypto Achieve Mass Adoption?

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Myles: https://twitter.com/MylesOneil


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL20 to get 20% off your ticket! Sign up now because the price goes up every month. See you there!


    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Resources:


    Solana Comeback

    https://blockworks.co/news/solana-ftx-market-opportunity

    Celestia Mainnet

    https://blockworks.co/news/data-availability-transaction-costs-blockchain

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    Solana vs Ethereum: Two Paths, One Endgame | Jon Charbonneau Nov 01, 2023

    This week on Bell Curve you're going to be hearing an episode of Lightspeed interviewing Jon Charbonneau on how integrated and modular chains are on an inevitable path toward the same endgame. Jon is an investor and the most prolific researcher in the space who understands the nuances and tradeoffs of the Solana and Ethereum ecosystems. In this episode, we cover what SVM adoption means for Solana, if rollups scale Ethereum, why Jon is spending more time in Solana and the SVM, the convergence of the integrated and modular roadmap, how rollups will leverage Solana and more!

    - -

    Timestamps


    (00:00) Introduction

    (01:13) The Rollup Debate

    (10:31) Modular vs Integrated: The Great Convergence

    (18:06) The Appchain Thesis

    (26:31) What SVM Adoption Means for Solana

    (29:54) DAS London Promo

    (32:53) Why Solana?

    (34:02) What Ethereum & Solana Can Learn From Each Other

    (37:49) The Value of End-User Verification

    (40:45) Lido’s Dominance, Nakamoto Coefficients & Social Pressure

    (46:14) Ethereum Aligned

    (50:07) What Keeps You Here & The State of Crypto

    (55:35) Solana as a Settlement and Sequencing Layer

    (58:47) Why You Should Write


    - -

    Follow Jon: https://twitter.com/jon_charb

    Follow Mert: https://twitter.com/0xMert_

    Follow Garrett: https://twitter.com/GarrettHarper_

    Follow Lightspeed: https://twitter.com/Lightspeedpodhq


    Subscribe on YouTube: https://bit.ly/43o3Syk

    Subscribe on Apple: https://apple.co/3OhiXgV

    Subscribe on Spotify: https://spoti.fi/3OkF7PD


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/


    - -

    Resources


    DBA's Website

    https://dba.xyz/


    Do Rollups Inherit Security by Jon

    https://dba.xyz/do-rollups-inherit-security/


    Jon's Substack

    https://joncharbonneau.substack.com/


    - -

    Disclaimers:


    Lightspeed was kickstarted by a grant from the Solana Foundation.


    Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.

    Recapitalizing the Degens and Identifying Cycle Catalysts | Roundup Oct 27, 2023

    In today's roundup Michael and Vance join forces to determine if we are finally back. They dive into potential catalysts for the recent price action across the crypto sector, including the end of the rate hiking cycle, the need for recapitalization of degens, and the emerging institutional interest. The two analyze the LayerZero proposal controversy, dubious Hamas fundraising claims, and Arbitrum Orbit's use of Celestia for Data Availability. To close out they speak on the rise of professional guilds and service providers for blockchains, reflecting on the recent proposal for an Arbitrum Coalition.


    - -

    Timestamps:

    (0:00) Introduction

    (2:53) Are We Back?

    (8:25) Catalyst for Price Action

    (16:18) Identifiers for Cycle Change

    (28:29) DAS London Ad

    (29:39) LayerZero & Lido DAO Kerfuffle

    (34:50) WSJ Claims Crypto Funding Terrorism

    (41:09) Arbitrum Orbit Uses Celestia for DA

    (51:12) Arbitrum Coalition

    (56:11) Framework Ventures Updates

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Yano: https://twitter.com/JasonYanowitz


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.


    Use the link below to learn more, and use BELL20 to get 20% off your ticket! Sign up now because the price goes up every month. See you there!


    https://blockworks.co/event/digital-asset-summit-2024-london/home

    - -

    Resources:


    Layer0 Proposal

    https://research.lido.fi/t/wsteth-on-avalanche-and-bnb-and-ownership-acceptance-by-lido-dao/5749


    Arbitrum Coalition Proposal

    https://forum.arbitrum.foundation/t/proposal-the-arbitrum-coalition/19145


    Arbitrum Orbit Uses Celestia

    https://blog.celestia.org/celestia-is-first-modular-data-availability-network-to-integrate-with-arbitrum-orbit/

    https://blog.celestia.org/introducing-blobstream/


    Optimism vs Arbitrum (Theme Park Explanation)

    https://twitter.com/sgoldfed/status/1706536075273839037


    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

    The Rise of Crypto's Superapp | Fiskantes, Matti (Zee Prime Capital) Oct 24, 2023

    Fisk and Matti, from Zee Prime Capital, join us to discuss the rise of crypto's first superapp. In this episode, we cover the Fappening Thesis (superapp), why everyone invests in middleware, how protocols establish moats, the future of Web3 social, how crypto will impact equality and more! Fisk and Mattie have some of the most eccentric and prescient ideas in crypto - you won't want to miss this one.


    Subscribe to Lightspeed

    YouTube: https://bit.ly/43o3Syk

    Apple: https://apple.co/3OhiXgV

    Spotify: https://spoti.fi/3OkF7PD

    - -

    Timestamps


    (00:00) Introduction

    (00:54) The Dev2Dev Thesis

    (08:13) The Fappening: Rise of the Superapp

    (15:02) How Apps Establish Moats

    (18:45) Is Blockspace Commoditized?

    (30:44) Uniswap’s New Fee: Protocols vs Frontends

    (36:24) Web3 Social: Status vs Utility

    (47:31) Equal Opportunity vs Equal Outcomes

    (55:58) Advice: Think Different


    - -

    Follow Fisk: https://twitter.com/Fiskantes

    Follow Matti:https://twitter.com/mattigags

    Follow Mert: https://twitter.com/0xMert_

    Follow Garrett: https://twitter.com/GarrettHarper_

    Follow Lightspeed: https://twitter.com/Lightspeedpodhq


    Subscribe on YouTube: https://bit.ly/43o3Syk

    Subscribe on Apple: https://apple.co/3OhiXgV

    Subscribe on Spotify: https://spoti.fi/3OkF7PD


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/


    - -

    Resources


    Zee Prime

    https://zeeprime.capital/


    The Future of OwnyFans

    https://zeeprime.capital/the-future-of-owny-fans


    The Fappening

    https://zeeprime.capital/the-fappening


    The Middleware Thesis

    https://zeeprime.capital/infrastructure-lego-the-middleware-thesis


    - -

    Disclaimers:


    Lightspeed was kickstarted by a grant from the Solana Foundation.


    Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.

    Blackrock CEO: Crypto a 'Flight to Quality' | Round Up Oct 20, 2023

    The team is back, this week the boys kick things off with Coin Telegraph’s reporting blunder on the Spot BTC ETF that resulted in a BTC price surge of over 8%. We then take stock of TradFi’s potential sentiment shift, New York AG Letitia James suing Gemini, Genesis, and DCG over alleged $1.1bn crypto fraud, and the potential ramifications if GBTC is unable to convert. We then go on to discuss potential unlocks of a Spot BTC ETF, where we’re at with the Alt market, the recent Uniswap Labs fee switch news, as well as BlackRock CEO Larry Fink’s recent commentary on Crypto. The boys close on regulation and take stock of Macro. Enjoy!

    - -

    Timestamps:

    (00:00) Introduction

    (00:34) Coin Telegraph: SEC iShares Spot BTC ETF Approval Misreport

    (02:39) This Week in Media

    (04:49) Coin Telegraph: SEC iShares Spot BTC ETF Approval Misreport

    (07:09) TradFi: Significant Shift in Crypto Sentiment?

    (18:33) AG Letitia James Sues Gemini, Genesis, and DCG for Defrauding Investors

    (25:12) GBTC: Potential Consequences of Inability to Convert

    (27:42) Will a Spot BTC ETF Act as a Catalyst?

    (36:50) 2019 Cycle Review

    (40:38) Alt Market Value Unlocks

    (41:21) Uniswap Labs Fee Switch

    (44:31) Institutional Adoption: BlackRock CEO Larry Fink, BTC and Crypto Will Play a Role in Investors’ Flight to Quality

    (52:10) Stablecoin As Conduit for Regulation?

    (54:47) Macro Corner

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Yano: https://twitter.com/JasonYanowitz


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/

    - -

    Resources:

    Uniswap Labs Fee Switch

    https://blockworks.co/newsletter/issue/33054773


    BlackRock’s Fink notes ‘pent-up interest’ after fake bitcoin ETF news

    https://blockworks.co/news/blackrock-spot-bitcoin-etf-rumors

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Essential Guide to General and App-Specific Order Flow Auctions | Season 6 Episode 4 Oct 19, 2023

    Season 6 | Episode 4

    In today's episode we are joined by Xin Wan, researcher at Uniswap Labs, and Robert Miller, Product Lead at Flashbots, to explore the world of Order Flow Auctions (OFAs). They discuss different OFA designs like Uniswap X, Flashbots MEV-Geth, and traditional order books, analyzing capital efficiency, fairness, and susceptibility to manipulation. Xin and Robert also detail key auction parameters around permissioning, bid selection, information revelation, and credible neutrality. Looking forward, they explore how OFAs and intent-based infrastructure could simplify cross-chain interoperability and abstract complexity for end users.

    - -

    Maverick Protocol is a DeFi infrastructure provider focused on increasing industry efficiency, powered by Maverick AMM. Maverick helps token projects, DAO treasuries, liquidity providers or anyone in DeFi shape their liquidity with efficiency and flexibility. In other words, Maverick makes your liquidity smarter.


    Shape liquidity for your token today on Maverick at https://app.mav.xyz/bellcurve

    - -

    Timestamps:

    (00:00) Introduction

    (01:49) Interview Start: Xin and Robert

    (02:26) What are Order Flow Auctions?

    (08:33) Market Structure of Order Flow Auctions

    (15:03) “Maverick Ad”

    (16:17) Taking DEX Components Offchain

    (23:22) Why Uniswap Chose an Offchain RFQ System

    (28:01) The Role of Private RPCs

    (32:32) Design Space for Auctions

    (47:02) Price Impact of Information Availability

    (55:33) Use case of Intents

    (1:03:28) Outro

    - -

    Follow Dan: https://twitter.com/danrobinson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Xin: https://twitter.com/xin__wan

    Follow Robert: https://twitter.com/bertcmiller


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:

    On the Design of MEV Marketplaces by Robert Miller

    https://medium.com/flashbots/on-the-design-of-mev-marketplaces-8829bf897858

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Permissionless Frontends: The Rise of Crypto's Aggregators | Kain Warwick (Infinex) Oct 17, 2023

    Kain Warwick, the founder of Synthetix and Infinex, joins us to discuss how permissionless frontends are crypto's next battleground. Crypto has the infrastructure to support the next wave of users, but the user experience is lightyears behind Web2. What can solve this? Permissionless frontends. In this episode, we cover why Kain is building Infinex, the missing piece to get users onchain, crypto's new aggregators, Kain's multichain strategy, where DAOs fail to innovate and more. This might be my favorite episode yet!


    - -

    Timestamps

    (00:00) Introduction

    (02:04) A Shift from Infrastructure to the User Experience

    (05:03) Why Synthetix Chose Optimism

    (09:11) The Missing Ingredient to Compete with Binance

    (11:53) L2 Liquidity Fragmentation

    (14:51) Should Projects Launch on Multiple Chains?

    (17:18) Why Synthetix Might Launch an Appchain

    (19:10) How to Build Brand Trust & Bring Users Onchain

    (32:57) Jito MidRoll Plug

    (34:02) Crypto’s New Aggregators: Permissionless Frontends

    (43:06) Taking Speculation Too Far

    (51:16) L2 Centralization Vectors & Progressive Decentralization

    (57:06) Will L2s Have a Power Law Outcome?

    (59:54) Why Kain is Still in Crypto

    (01:05:26) Where DAOs Succeed and Fail

    (01:12:44) Rapid Fire


    - -

    Follow Kain: https://twitter.com/kaiynne

    Follow Mert: https://twitter.com/0xMert_

    Follow Garrett: https://twitter.com/GarrettHarper_

    Follow Lightspeed: https://twitter.com/Lightspeedpodhq


    Subscribe on YouTube: https://bit.ly/43o3Syk

    Subscribe on Apple: https://apple.co/3OhiXgV

    Subscribe on Spotify: https://spoti.fi/3OkF7PD


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - -

    Resources


    Jito

    https://www.jito.network/staking/?utm_source=lightspeed&utm_medium=podcast&utm_campaign=lightspeed_Q323_1


    Synthetix

    https://twitter.com/synthetix_io

    https://linktr.ee/synthetix


    Infinex

    https://twitter.com/infinex_app

    https://infinex.io/


    Kain's Writings

    https://mirror.xyz/kain.eth


    - -

    Disclaimers:


    Lightspeed was kickstarted by a grant from the Solana Foundation.


    Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.

    Ethereum Enshrinement 101 | Round Up Oct 13, 2023

    This week Michael and Myles dive deep on all things Ethereum Enshrinement. The two kick things off with Credible Neutrality, reviewing centralization risks vs overloads governance. The guys then go on to discuss user experience as the guiding uniting principle and look at the gradation of protocol proximity; what should and should not be enshrined and why. We then challenge and defend the varying beliefs around Ethereum as ‘money’, before going on to hit on protocol engagement vs abstraction, issuance as a network cost, the Stride/Cosmos Hub merger update, and more. Enjoy!

    - -

    Timestamps:

    (00:00) Introduction

    (01:00) Enshrinement: Opening Thoughts

    (02:5) Credible Neutrality: Private Market Analogy

    (07:25) Enshrinement’s Uniting Principle: Good User Experience

    (08:17) Protocol Proximity

    (21:33) Ethereum: Money?

    (28:24) Engagement vs Abstraction

    (40:51) Issuance: Network Cost?

    (45:14) Money vs Commodity

    (58:04) Stride/Cosmos Hub Merger Update

    (1:16:17) Community Alignment

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Myles: https://twitter.com/MylesOneil


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/

    - -

    Resources:

    Vitalik Buterin: Should Ethereum be okay with enshrining more things in the protocol?

    https://vitalik.eth.limo/general/2023/09/30/enshrinement.html


    Stride: The Enshrined LST Protocol for Cosmos Hub?

    https://blockworks.co/news/stride-merge-cosmos-hub-network

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    AMMs vs DEXs: DeFi's First Debate Revisited | Season 6 Episode 3 Oct 10, 2023

    Season 6 | Episode 3

    Today we dive into the world of central limit order books and automated market makers with DEX builders Eugene Chen, co-founder of Ellipsis Labs, and Doug Colkitt, co-founder of Crocodile Labs. The team explores how factors like gas costs, latency, and modular "hooks" are shaping the evolution of onchain trading and DEX designs. The conversation then explores taking DEX components offchain and if it's antithetical to the point of DeFi. To close things out the team discusses the end game of DEX design.

    - -

    Maverick Protocol is a DeFi infrastructure provider focused on increasing industry efficiency, powered by Maverick AMM. Maverick helps token projects, DAO treasuries, liquidity providers or anyone in DeFi shape their liquidity with efficiency and flexibility. In other words, Maverick makes your liquidity smarter.


    Shape liquidity for your token today on Maverick at https://app.mav.xyz/bellcurve

    - -

    Timestamps:

    (00:00) Introduction

    (01:57) Interview Start: Alex & Jason

    (02:02) CLOBs vs AMMs

    (10:17) “Maverick Ad”

    (11:32) CLOBs vs AMMs

    (12:35) Efficiency of Onchain CLOBs

    (18:51) The Constraints of Latency

    (23:02) AMMs & Passive Liquidity

    (32:41) Offchain Components

    (46:27) DEX Design End Game

    (52:10) Market Structure of AMMs vs CLOBs

    (56:55) Outro

    - -

    Follow Dan: https://twitter.com/danrobinson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Doug: https://twitter.com/0xdoug

    Follow Eugene: https://twitter.com/0xShitTrader


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:


    Ellipsis Labs

    https://ellipsislabs.xyz/


    Ambient Finance

    https://us.ambient.finance/


    Crocswap Blog

    https://crocswap.medium.com/


    Jaredfromsubway MEV Bot Strategy

    https://x.com/bertcmiller/status/1656392876438462464

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The SBF/FTX Trial Begins, The Future of Ethereum, Another XRP Win & More | Round Up Oct 06, 2023

    With the opening of the Sam Bankman-Fried trial this week, the fellas kick things off with their thoughts on Michael Lewis’ controversial new book‘Going Infinite’, which explores the story of FTX’s collapse. The guys then take stock of Vitalik’s latest proposal around Enshrinement, and whether the logic should be natively implemented in the core code of L1s. We then discuss Stride’s potential plans to become the enshrined LST protocol for Cosmos Hub. We then review the state of ETH Futures, XRP’s latest win vs the SEC, before closing out with our outlook on macro, as long-term US Yields Hit a 16-year high. Enjoy!

    - -

    Maverick Protocol is a DeFi infrastructure provider focused on increasing industry efficiency, powered by Maverick AMM. Maverick helps token projects, DAO treasuries, liquidity providers or anyone in DeFi shape their liquidity with efficiency and flexibility. In other words, Maverick makes your liquidity smarter.

    Shape liquidity for your token today on Maverick at https://app.mav.xyz/bellcurve

    - -

    Timestamps:

    (00:00) Introduction

    (00:54) Michael Lewis’ ‘Going Infinite’ review: an SBF/FTX plant?

    (09:24) “Maverick Ad”

    (10:38) Michael Lewis’ ‘Going Infinite’ review: an SBF/FTX plant?

    (24:38) Enshrinement

    (40:24) Stride: The Enshrined LST Protocol for Cosmos Hub?

    (44:20) ETH Futures

    (49:38) XRP Win: SEC Appeal Denied

    (55:18) Macro Outlook: Bond Sell-off, Long-term US Yields Hit 16-year High

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/

    - -

    Resources:

    Vitalik Buterin: Should Ethereum be okay with enshrining more things in the protocol?

    https://vitalik.eth.limo/general/2023/09/30/enshrinement.html


    Stride: The Enshrined LST Protocol for Cosmos Hub?

    https://blockworks.co/news/stride-merge-cosmos-hub-network

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The LP Profitability Problem: LVR, Dynamic Fees and Auctions | Season 6 Episode 2 Oct 03, 2023

    Season 6 | Episode 2

    In this season's first guest interview we dive into the world of LVR. We are joined by Alex and Jason to unpack key elements of LVR including what it is, mitigation methods including auctions and dynamic fees, and why solving LVR is important. They discuss what 3 sources of information are key to understanding LVR and explore the impacts of transferring wealth from token stakers to LPs.

    - -

    Maverick Protocol is a DeFi infrastructure provider focused on increasing industry efficiency, powered by Maverick AMM. Maverick helps token projects, DAO treasuries, liquidity providers or anyone in DeFi shape their liquidity with efficiency and flexibility. In other words, Maverick makes your liquidity smarter.


    Shape liquidity for your token today on Maverick at https://app.mav.xyz/bellcurve

    - -

    Timestamps:

    (00:00) Intro

    (01:18) Main Interview Start: Alex & Jason

    (01:31) What is LVR?

    (07:56) 3 Sources of Information

    (11:12) “Maverick Ad”

    (12:27) 3 Sources of Information

    (13:31) Mitigating LVR Methods

    (25:40) Dynamic Fees

    (38:50) Discriminating Types of Traders

    (48:11) Auctions for Mitigating LVR

    (52:49) Transferring Wealth to LPs

    (56:57) Why is LVR Important?

    (1:02:05) Outro

    - -

    Follow Dan: https://twitter.com/danrobinson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Alex: https://twitter.com/0x94305

    Follow Jason: https://twitter.com/jason_of_cs


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:

    Automated Market Making and Loss-Versus-Rebalancing (Jason Paper)

    https://arxiv.org/abs/2208.06046


    How Discount Brokerages Make Money by Patrick McKenzie

    https://www.kalzumeus.com/2019/6/26/how-brokerages-make-money/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Binance Meltdown Review, Coinbase Regulation Win, RaaS Developments & More | Round Up Sep 29, 2023

    This week the team take stock of Binance; what may be going on and the potential ramifications. We review the regulation win for Coinbase, as approval is granted for retail perpetual futures trading. We dive deep on Rollups-as-a-Service (RaaS). Mike explains why he’s been ‘Pudgy Pilled’. We review the current state of the SEC/Crypto relationship saga, where we are with ETH Futures ETFs, the upcoming Celestia (TIA) Airdrop, and more! Hit play now and find relevant links below, enjoy!

    - -

    Maverick Protocol is a DeFi infrastructure provider focused on increasing industry efficiency, powered by Maverick AMM. Maverick helps token projects, DAO treasuries, liquidity providers or anyone in DeFi shape their liquidity with efficiency and flexibility. In other words, Maverick makes your liquidity smarter.

    Shape liquidity for your token today on Maverick at https://app.mav.xyz/bellcurve

    - -

    Timestamps:

    (00:00) Introduction

    (01:12) Coinbase: regulatory approval for retail perpetual futures trading

    (07:42) Dumb Money

    (08:14) “Maverick Ad”

    (09:29) Binance Meltdown Review

    (20:035 RaaS: The Key Ingredient to a Rollup-Centric Roadmap

    (39:26) Pudgy Penguins: Pudgy Pilled

    (45:06) SEC: Gary Gensler Crypto Overreach

    (48:51) ETH Futures ETF Update

    (53:51) Celestia (TIA) Airdrop

    (1:00:38) Platform Risk Shift

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Myles: https://twitter.com/MylesOneil

    Follow Michael: https://twitter.com/im_manderson


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/

    - -

    Resources:

    RaaS: The Key Ingredient to a Rollup-Centric Roadmap

    https://www.reverie.ooo/post/raas-the-key-ingredient-to-a-rollup-centric-roadmap

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    DEXs: Uniswap Origin, Intents, Scaling, and LVR | Season 6 Premiere Sep 26, 2023

    Season 6 | Episode 1

    Welcome to season 6 of Bell Curve! Season 6 will take a dive into the world of DEXs and Dan Robinson, General Partner and Head of Research at Paradigm, with be joining Mike as co-host. In today's episode the duo dive deep into DEX designs and discuss the origin story of Uniswap, the V4 design, and the overall growth journey the protocol has endured. They also dive into design decisions including intents, mitigating LVR, and prioritizing retail and market makers. We're excited to have you along for the ride this season!

    - -

    Timestamps:

    (00:00) Uniswap Origin Story

    (10:48) Market Making & Design Decisions

    18:40) Uniswap V4

    (25:04) Swappers & LPs While Scaling

    (32:54) Value Journey in DEXs

    (36:24) Impact of Gas Constraints

    (39:11) What is LVR?

    (48:51) Uniswapx and Offchain Designs

    (54:11) Retail and Market Makers

    (1:02:40) Intent Based Architecture

    (1:05:47) Vertical and Horizontal Scaling

    (1:13:32) Perps and Options Market Structure

    - -

    Follow Dan: https://twitter.com/danrobinson

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    MakerDAO Rally Reaction | Round Up Sep 22, 2023

    In today’s episode, the team kicks things off with discussing Celestia and the impact it may have on architecture across ecosystems. The team then goes on to discuss potential catalysts for future cycles including EigenLayer’s future yield role, and the transition of ETH Staking to Liquid Staking. MakerDAOs ongoing interest is broken down before closing out on the ongoing debate around IPO vs. Direct Listing. Enjoy!

    - -

    Timestamps:

    (00:00) Introduction

    (01:23) Eclipse: Roll-up-as-a-Service

    (09:31) Celestia: ETH Price Action Impacts

    (19:49) Forward-Looking Bull Market Activity

    (27:38) EigenLayer’s Yield Role

    (33:45) Validator Market in Low Price Environment

    (36:31) ETH Staking To Liquid Staking

    (42:48) MakerDAO Update

    (55:54) IPO vs Direct Listing

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/

    - -

    Resources:

    MakerDAO Interest

    https://blockworks.co/news/chronicle-labs-oracle-scribe

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Value of Modular Blockchains | Nick White (Celestia), Neel Somani (Eclipse) Sep 19, 2023

    Nick White (COO of Celestia) and Neel Somani (founder of Eclipse) join us to debate the tradeoffs of modular vs integrated blockchains. We cover the modular thesis, how Eclipse is bringing the SVM to Ethereum, the hidden costs of modularity, centralized sequencers and L2s, where value will accrue in a modular paradigm and more!


    - -

    Timestamps

    00:00 Introduction

    01:49 What are Modular Blockchains?

    05:34 Data Availability Explained

    09:15 Light Clients and End User Verification

    19:45 Eclipse: the SVM Rollup Provider

    20:50 Why do Rollups Need Settlement?

    26:26 Jito Mid Roll

    27:30 Permissionless Plug

    28:30 Should Celestia Enshrine a Settlement Layer?

    31:34 L2 Training Wheels

    35:53 Kyle Samani’s "The Hidden Costs of Modular Systems”

    43:02 Appchains vs Rollups

    46:43 How Eclipse is Bringing the SVM to Ethereum

    47:58 Are Centralized Sequencers Okay?

    53:28 Will Crypto Apps Have a Power Law Outcome?

    58:03 Network Effects and Value Accrual

    01:08:15 Where Will Enterprises Launch Applications?

    01:12:08 Rapid Fire


    - -

    Follow Neel: https://twitter.com/neelsalami

    Follow Nick: https://twitter.com/nickwh8te

    Follow Mert: https://twitter.com/0xMert_

    Follow Garrett: https://twitter.com/GarrettHarper_

    Follow Lightspeed: https://twitter.com/Lightspeedpodhq


    Subscribe on YouTube: https://bit.ly/43o3Syk

    Subscribe on Apple: https://apple.co/3OhiXgV

    Subscribe on Spotify: https://spoti.fi/3OkF7PD


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Resources


    Jito

    https://www.jito.network/staking/?utm_source=lightspeed&utm_medium=podcast&utm_campaign=lightspeed_Q323_1


    Celestia

    https://twitter.com/CelestiaOrg

    https://celestia.org/


    Eclipse

    https://twitter.com/EclipseFND

    https://www.eclipse.builders/


    - -

    Disclaimers:


    Lightspeed was kickstarted by a grant from the Solana Foundation.


    Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.

    How Monad is Superscaling the EVM | Keone Hon, Kevin G Sep 12, 2023

    As we gear up for Season 6, this week's episode will be Lightspeed's recent interview with Keone Hon and Kevin G to discuss how Monad is scaling the EVM. Every project in crypto right now is launching an L2 or marketing how their execution environment is better than the EVM. Monad has taken the opposite approach and is building an L1 that leverages the EVM with new optimizations like parallel execution. In this conversation, we discuss Monad's EVM optimizations, the blockchain trilemma, why Monad chose the EVM, how to launch a new L1, modular vs integrated and more!


    - -

    Timestamps

    00:00 Introduction

    00:32 Monad: A Parallelized L1 Leveraging the EVM

    06:01 The Blockchain Trilemma

    17:31 Monad’s Optimizations and Remaining Bottlenecks

    26:14 Jito Mid Roll

    27:18 Permissionless Plug

    28:18 Why Choose the EVM and Not Build an L2?

    31:13 The Importance of Community

    36:20 L1 Fees and Tokenomics

    41:58 Could Ethereum Implement Monad’s Optimizations?

    43:15 The Blockchain Design Landscape

    46:49 Modular vs Integrated

    49:10 Crypto’s Most Exciting Sectors

    51:54 High Fidelity DeFi

    55:21 Go-To-Market Strategy

    59:57 Rapid Fire

    - -

    Follow Keone: https://twitter.com/keoneHD

    Follow Kevin: https://twitter.com/zen_llama

    Follow Mert: https://twitter.com/0xMert_

    Follow Garrett: https://twitter.com/GarrettHarper_

    Follow Lightspeed: https://twitter.com/Lightspeedpodhq


    Subscribe on YouTube: https://bit.ly/43o3Syk

    Subscribe on Apple: https://apple.co/3OhiXgV

    Subscribe on Spotify: https://spoti.fi/3OkF7PD


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Resources


    Jito

    https://www.jito.network/staking/?utm_source=lightspeed&utm_medium=podcast&utm_campaign=lightspeed_Q323_1


    Monad

    https://twitter.com/monad_xyz

    https://linktr.ee/monad_xyz


    - -

    Disclaimers:


    Lightspeed was kickstarted by a grant from the Solana Foundation.


    Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.

    DeFi Summer Incoming? | Round Up Sep 09, 2023

    In this week’s episode, Mike and Michael breakdown all things DeFi. They discuss the ecosystem writ large and whether we’re seeing a return to 2021’s ‘DeFi Summer’, and the value proposition of sustainable fees as the key differentiator. The guys go on to review Rune Christensen’s Solana Fork MakerDAO proposal, Visa’s crypto stablecoin settlement expanding to Solana, as well as recent regulation setbacks. We then close out on the spot Ether ETF Bid From Ark Invest, 21Shares - hot off of Grayscales spot BTC ETF win - and the wider cycle sentiment. Enjoy!

    - -

    Timestamps:

    (00:00) Introduction

    (02:09) DeFi 1.0 Resurgence?

    (08:32) "Permissionless Promotion"

    (09:25) DeFi 1.0 Resurgence?

    (27:12) Rune Christensen’s Solana Fork MakerDAO Proposal

    (37:48) Stablecoin Settlement Expanding to Solana

    (46:01) Coinbase, Framework Venture Funds Invest $5M in Socket Protocol

    (49:00) Regulation Setback: CFTC Settlement Against DeFi Protocols

    (55:52 Spot Ether ETF Bid From Ark Invest, 21Shares

    (1:00:23) Cycle Sentiment

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/

    --

    Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin:

    https://blockworks.co/event/permissionless-2023

    - -

    Resources:

    Van Eck ETH Price Prediction (correction)

    https://bitly.ws/UhKH


    Rune Christensen’s Solana Fork MakerDAO Proposal

    https://blockworks.co/news/makerdao-solana-fork-endgame


    Sam Hart: Solana Codebase Fork for NewChain

    https://forum.makerdao.com/t/explore-a-fork-of-the-solana-codebase-for-newchain/21822/33


    Stablecoin Settlement Expanding to Solana

    https://blockworks.co/news/visa-usdc-solana-stablecoin-expansion


    Spot Ether ETF Bid From Ark Invest, 21Shares

    https://blockworks.co/news/21shares-ark-filing-for-spot-ether-etf

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Ultimate Guide to LSTs | Season 5 Finale Sep 05, 2023

    Season 5 | Episode 9

    In today's season 5 finale we take a deep dive into the multifaceted world of Liquid Staking. Mike and Myles scrutinize critical aspects such as market structure, exploring its influence on liquidity providers and governance. They also discuss social scaling, evaluating its role in the adoption and scalability of Liquid Staking solutions along with the implications of self-limiting. This episode is a holistic recap of the season and with the biggest takeaways from Season 5.

    - -

    Timestamps:

    (00:00) Introduction

    (02:58) LST Market Structure

    (13:16) Social Scaling & Self-limiting Debate

    (28:19) “Permissionless Promotion”

    (29:15) Curation VS Permissionless

    (35:25) Liquid Staking Router Outlook

    (43:09) Re-staking & Liquid Staking Intersection

    (52:15) Lido Governance Role & Impact

    (56:16) Future of Liquid Re-staking

    (1:01:10) Co-Opetition: Eigen Layer & Lido

    (1:07:08) MEV & Liquid Staking Intersection

    - -

    Follow Myles: https://twitter.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023

    - -

    Resources:

    Chorus One Validator Economics

    https://medium.com/chorus-one/exploring-validator-economics-on-solana-cb1498a3aef6


    How POS Networks Nurture Decentralization by Felix L

    https://chorus.one/articles/how-can-proof-of-stake-networks-nurture-decentralization


    Sreeram Episode

    https://podcasts.apple.com/us/podcast/the-intersection-of-restaking-and-liquid/id1641356619?i=1000622262081

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Grayscale Victory: Another Spot of Bother for the SEC? | Round Up Sep 01, 2023

    In this week’s episode, the gang is back together. Michael’s 1 and 2, Jason, and Vance dive straight in to discuss the Grayscale Spot Bitcoin ETF Ruling. The guys then review where we are in the crypto cycle, and touch on Uniswap’s lawsuit dismissal and StarkWare’s wallet plunder. The fellas finish out on a ‘Hot Takes’ segment, where the guys get spicy on macro!

    - -

    Timestamps:

    (00:00) Introduction

    (00:35) Grayscale Spot Bitcoin ETF Ruling

    (06:04) “Permissionless Promotion”

    (06:57) Greyscale Spot Bitcoin ETF Ruling

    (29:44) Cryptos Cyclical Framework

    (33:14) Uniswap Lawsuit Dismissal

    (40:26) Dianne Feinstein Lawsuit

    (41:36) StarkWare Wallet Fiasco

    (46:26) Hot Takes Segment

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/

    --

    Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin:

    https://blockworks.co/event/permissionless-2023

    - -

    Resources:

    Grayscale Ruling:

    https://blockworks.co/news/grayscale-sec-spot-bitcoin-etf


    Uniswap Lawsuit Dismissal:

    https://blockworks.co/news/uniswap-class-action-dismissed

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    What Ethereum Can Learn From Easy Solana Staking | Lucas & Xavier Aug 29, 2023

    Season 5 | Episode 8

    In this week's episode of Bell Curve, we are joined by Lucas Bruder, Founder of Jito Sol, and Xavier, Chief Investment Officer of Chorus One, two key builders in the Solana ecosystem. The conversation delves into the complexities of staking in Solana versus Ethereum, exploring different validator revenue models and the growth trajectory of liquid staking on Solana. They discuss JitoSOL's unique yield advantages, native token design impacts on staking, delegation strategies, and the potential of capturing MEV value.

    - -

    Timestamps:

    (00:00) Intro: Pre-Interview

    (02:02 “Permissionless Ad”

    (02:57) Interview Start: Lucas & Xavier

    (03:52) Solana VS Eth Liquid Staking

    (14:54) Validator Revenue Models

    (22:14) Solana Liquid Staking Growth

    (35:02) Impacts of Native Token Design

    (40:55) Solana LST Delegation Strategies

    (51:29) JitoSOL Yield Advantage

    (1:02:52) Capturing MEV Value

    (1:08:23) State of Solana DeFi

    (1:11:41) Recap: Post-Interview

    - -

    Follow Lucas: https://twitter.com/buffalu__

    Follow Xavier: https://twitter.com/0xave?lang=en

    Follow Aidan: https://twitter.com/aidan0x

    Follow Myles: https://twitter.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023

    - -

    Resources:

    Chorus One Validator Economics

    https://medium.com/chorus-one/exploring-validator-economics-on-solana-cb1498a3aef6


    How POS Networks Nurture Decentralization by Felix L

    https://chorus.one/articles/how-can-proof-of-stake-networks-nurture-decentralization

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Friend.Tech or Foe: Are Progressive Web Apps the Future? | Round Up Aug 25, 2023

    In this week’s episode, Mike, Jason, and Vance kick things off with a thorough breakdown of ‘Friend.Tech’. The guys then go on to talk Base and the future of L2’s, ETH’s ultimate value accrual, and touch on the discussion around Tendermint for StarkNet. We then review the DOJ/Tornado Cash charge and arrest. To close, we discuss the GOP debate, NVIDIA Q2 Earnings, EigenLayer’s new LST cap increase, and more!

    - -

    Timestamps:

    (00:00) Introduction

    (01:57) Friend.Tech

    (12:19) Aerodrome Base DEX

    (19:48) Base & Future L2 Business Models

    (25:01) Where is ETHs Value Accrual?

    (28:47) Tendermint for StarkNet

    (34:14) DOJ Tornado Cash Charge Update

    (41:24) Pop Culture Round Up

    (43:33) 2024 GOP Debate Review

    (48:48) NVIDIA Q2 Earnings

    (55:39) EigenLayer’s New LST Cap Increase

    (58:36) USDC: Circle Update

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/

    --

    Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin:

    https://blockworks.co/event/permissionless-2023

    - -

    Resources:

    DOJ/Tornado Cash

    https://blockworks.co/news/roman-semenov-tornado-cash-ofac-list


    Friend.Tech

    https://blockworks.co/news/friend-tech-financialization-goldentre


    EigenLayer LST Cap increase

    https://bitly.ws/T8dC

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Ending the Modular vs Monolithic Debate | Kyle Samani Aug 18, 2023

    We're joined by Kyle Samani, the co-founder of Multicoin Capital and one of crypto's most independent thinkers. In this episode, we cover why "monolithic L1s" is a misnomer, the value of global state, how a protocol establishes moats, why DePIN is finding product-market fit, how Kyle synthesizes new ideas and more!

    - -

    Timestamps:

    (00:00) Introduction

    (00:34) The Modular vs Monolithic Debate

    (07:43) Bootstrapping Communities

    (09:17) A Case for Rollups and Appchains

    (15:33) The Value of Composability and Globally Shared State

    (23:22) Crypto’s Moats, Meat Space and the Saga Phone

    (28:38) Don’t Sleep on DePIN

    (45:11) Spatial Computing and New Form Factors

    (53:42) Kyle’s Thinking Process

    (57:49) Zero Knowledge Proof Use Cases

    (01:04:21) How Kyle Cultivated His Communication Style

    (01:06:03) Advice for Founders

    - -

    Although our guests this week are managing partners of a registered investment adviser, nothing in this podcast should be considered an offer of Multicoin’s investment advisory services or should otherwise be confused for investment, tax, legal or other financial advice.

    - -

    Follow Kyle: https://twitter.com/KyleSamani

    Follow Mert: https://twitter.com/0xMert_

    Follow Garrett: https://twitter.com/GarrettHarper_

    Follow Lightspeed: https://twitter.com/Lightspeedpodhq


    Subscribe on YouTube: https://bit.ly/43o3Syk

    Subscribe on Apple: https://apple.co/3OhiXgV

    Subscribe on Spotify: https://spoti.fi/3OkF7PD


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023

    - -

    Resources:

    Multicoin Capital

    https://multicoin.capital/


    Unlocking Payments Over Crypto Rails

    https://multicoin.capital/2022/12/08/unlocking-payments-over-crypto-rails/


    Stratechery (Ben Thompson)

    https://stratechery.com/

    - -

    Disclaimers:

    Lightspeed was kickstarted by a grant from the Solana Foundation.

    Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.

    Frax’s Alternative Approach to Scaling LSTs | Sam Kazemian Aug 15, 2023

    Season 5 | Episode 7

    In this episode of Bell Curve, Mike and Myles are joined by Sam Kazemian, Founder of Frax Finance. They explore FRAX's innovative journey from decentralized stablecoin to Liquid Staking Tokens (LSTs) and Liquid Staking Derivatives (LSDs). Sam shares insights into the algorithmic stability mechanism, decentralizing trust, DeFi domination plan, and FRAX V2 decentralization.

    --

    Timestamps:

    (00:00) Intro: Pre-Interview

    (02:07) Interview Start: Sam Kazemian

    (02:36) The Evolution of Frax

    (11:21) Frax Products

    (17:29) Frax Thesis

    (23:34) The Frax Global Domination Play

    (30:22) Frax V2 & Liquid Staking Future

    (42:24) Frax Liquid Staking Economics

    (46:09) Frax Chain Vision

    (53:03) Recap: Post-Interview

    - -

    Follow Sam: https://twitter.com/samkazemian

    Follow Myles: https://twitter.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023

    - -

    Resources:

    Frax Finance

    https://frax.finance/


    frxETH V2

    https://medium.com/coinmonks/introducing-frxeth-v2-the-evolution-of-decentralized-lending-markets-and-stablecoins-142b52b5f81e

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Future of Stablecoins | Roundup Aug 11, 2023

    In today’s episode, Mike and Michael discuss all things Stables and more! The guys kick things off with PayPal, discussing their PYUSD Stablecoin launch and what it means for the wider ecosystem and future Stablecoin market structure. We then take a closer look at Coinbase’s Q2 earnings, before touching on future Rollup value accrual. We then close with a Ripple update, Cantina (Web3’s security marketplace), the endgame for Stablecoins, and more!

    - -

    Timestamps:

    00:00) Introduction

    (02:21) PYUSD: PayPal stablecoin

    (07:10) Future Stablecoin Market Structure

    (11:04) Coinbase Update

    (24:12) Portnoy's Barstool Sports $1 Buy Back

    (25:43) Rollup Value Accrual

    (44:16) Ripple XRP Update

    (49:37) Web3 Security Marketplace: Cantina

    (54:43) News-to-price Incongruities

    (57:48) The Stablecoin Endgame

    - -

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/

    --

    Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin:

    https://blockworks.co/event/permissionless-2023

    - -

    Resources:

    PYUSD: PayPal stablecoin:

    https://www.paypal.com/us/digital-wallet/manage-money/crypto/pyusd


    Coinbase earnings:

    https://blockworks.co/news/crypto-stocks-stumble-earnings

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    What Ethereum Can Learn from Cosmos' Liquid Staking Module | Aidan & Felix Aug 08, 2023

    Season 5 | Episode 6

    In this episode of Bell Curve, Mike and Myles are joined by Aidan, co-founder of Stride labs, and Felix, the Godfather of Liquid Staking. Today they explore the nuances of Liquid Staking across the Cosmos & Ethereum ecosystems. They also dig into the relationship of liquid staking & professional validators, the liquid staking module user flow with NFTs, and solving the principle agent problem.

    --

    Timestamps:

    (00:00) Intro: Pre-Interview

    (02:02) “Permissionless Ad”

    (02:57) Interview Start: Felix & Aidan

    (04:04) The Godfather of Liquid Staking

    (08:15) Liquid Staking: A Force for Decentralization

    (12:27) LSTs Thriving in Eth First

    (16:44) Liquid Staking & Professional Validators

    (25:01) Decentralizing Eth Validator Set

    (37:45) Ossifying Ethereum Protocol

    (42:03) Minting Liquid Staking Tokens

    (51:50) Staking Module Risk Parameters

    (57:53) Principle Agent Mitigation

    (1:04:37) Liquid Staking Module User Flow

    (1:15:39) Recap: Post-Interview

    - -

    Follow Felix: https://twitter.com/FelixLts

    Follow Aidan: https://twitter.com/aidan0x

    Follow Myles: https://twitter.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023

    - -

    Resources:

    Felix Liquid Staking Blog Post

    https://medium.com/chorus-one/delegation-vouchers-cfb511a29aac


    Stride Labs

    https://www.stride.zone/


    Jon Charbonneau "Endgame: Proof of Governance"

    https://dba.mirror.xyz/UTPfxWe65dYrUu_RJX-5VkAJypFRyw3AZh6m0dRXYZk

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Curve’s $70M Hack, Base Launch Exceeds $230M+ 24hr Trading Volume, Meme Coin BALD Hits $100M Market Cap in 48hrs, And More | Roundup Aug 04, 2023

    In today’s episode, Mike and Myles dive deep on Curve’s $70M exploit, deconstructing DEX design frameworks, and reviewing the wider ecosystem consequences of vulnerable chain infrastructure. We then move on to assess Coinbase's L2 'Base' launch and touch on meme coin of the week, BALD, hitting $100M+ market capitalization in under 48 hours! The guys also think through network effect accrual before discussing Barnabé Monnot’s PEPC, an enshrined protocol gadget, and close out on Coinbase’s optimistic Q2 Earnings!

    - -

    Timestamps:

    (00:00) Introduction

    (00:26) “Permissionless Ad”

    (01:22) Introduction

    (02:44) $70M Curve Exploit

    (07:43) DEX Architecture

    (20:41) Wider Ecosystem Consequences & Chain Design Learnings

    (23:46) Base Launch Review

    (25:49) Network Effect Accrual: Network Execution, Data Availability or Settlement Layer?

    (54:22) PEPC: Protocol-Enforced Proposer Commitments

    (1:13:42) Coinbase Q2 Earnings

    - -

    Follow Michael: https://twitter.com/im_manderson

    Follow Myles: https://twitter.com/MylesOneil


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/

    --

    Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin:

    https://blockworks.co/event/permissionless-2023

    - -

    Resources:

    PEPC FAQ:

    https://efdn.notion.site/PEPC-FAQ-0787ba2f77e14efba771ff2d903d67e4?pvs=4


    Coinbase earnings:

    https://blockworks.co/news/crypto-stocks-stumble-earnings

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Business Model of LSTs: Banks, Bribes, and LSTaaS | Adrian & Vance Aug 01, 2023

    Season 5 | Episode 5

    In this episode of Bell Curve, Mike and Myles are joined by adcv, chef at Steakhouse Financial, and Vance, Bell Curve RU Host & Framework Ventures co-founder. Zooming out, the team dives into the business approaches for MakerDAO and Lido. They explore value accrual for both protocols, the strategic directions, business models, and their endgame.

    - -

    Timestamps:

    (00:00) Intro: Pre-Interview

    (01:46) “Permissionless Ad”

    (02:42) Interview Start: Adrian & Vance

    (04:11) Liquid Staking for the Layman

    (13:30) End Game for Maker DAO & Lido

    (24:13) Governance Over Processes

    (26:11) Liquid Staking as a Service

    (40:18) LST Indices

    (44:31) The Future of Staking Router

    (49:53) Revenue Growth for Lido

    (54:51) Lido Bribe Fee Model

    (1:04:54) Recap: Post-Interview

    - -

    Follow adcv: https://twitter.com/adcv_

    Follow Vance: https://twitter.com/pythianism

    Follow Myles: https://twitter.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023

    - -

    Resources:

    Steakhouse Financial

    https://twitter.com/steakfi


    ADCV Liquid Staking as Banks

    https://www.adcv.xyz/steth-is-the-decentralized-reserve-currency/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Worldcoin: The Power & Pitfalls of Proof-of-Personhood | Roundup Jul 28, 2023

    In today’s episode, the fellas take a wide view on the industry, starting with a review on Paris EthCC, Apps vs Infrastructure, and the future of interoperability standards. We also discuss the launch of Worldcoin, why it’s important and what problems it may present. The conversation then turns to AI, the future of Twitter, Crypto regulation, and 2024 Presidential nominees. Enjoy!

    - -

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://tinyurl.com/4fdhhb2j

    Subscribe on Apple: https://tinyurl.com/mv4frfv7

    Subscribe on Spotify: https://tinyurl.com/wbaypprw


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Resources:

    Worldcoin

    https://worldcoin.org/home

    --

    Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023

    --

    (00:00) Introduction

    (02:52) Paris EthCC

    (08:41) Apps vs Infrastructure

    (13:32) Interoperability Standards

    (17:23) DeFi 1.0, Liquid Staking, Derivatives, Stablecoins, & Spot Exchange

    (19:52) Trading Bitcoin, Apple, & Snapchat & the Knowledge of Hindsight

    (23:19) Bridges as Inventory Solutions

    (30:03) Worldcoin Update

    (36:00) AI vs Worldcoin Proof-of-Personhood

    (39:11) AI’s Impact on COGS

    (44:17) Gen Z’s Demand for Private Channels

    (45:39) Future of Twitter/X

    (49:52 Crypto Regulation Update

    (59:16) 2024 Presidential Nominee Review

    —

    Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

    The Intersection of Restaking and Liquid Staking | Sreeram Kannan Jul 25, 2023

    Season 5 | Episode 4

    In this episode of Bell Curve, Mike and Myles are joined by Eigen Layer Founder Sreeram Kannan. They dive into Eigen layer's supply & demand sides, its interactions with Ethereum restaking, and the team's vision for the end game of Ethereum LSTs and restaking.

    - -

    Timestamps:

    (00:00) Intro: Pre-Interview

    (01:33) Interview Start: Sreeram

    (02:19) High Level Eigen Layer Overview

    (13:59) Supply & Demand Sides of Eigen Layer

    (14:23) “Permissionless Ad”

    (15:18) Supply & Demand Sides of Eigen Layer

    (26:06) Eigen Layer & Ethereum Restaking

    (37:24) Eigen Layer Demand Side

    (45:00) Vote Extensions & Proposal Commitments

    (49:15) Ethereum Restaking Prediction

    (55:20) Role of Eigen Layer Governance in Restaking

    (1:12:53) Eigen Layer & Liquid Staking

    (1:22:03) Future of Validator Services

    (1:31:05) Recap: Post-Interview

    - -

    Follow Sreeram: https://twitter.com/sreeramkannan

    Follow Myles: https://twitter.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023

    - -

    Resources:

    Eigen Layer

    https://www.eigenlayer.xyz/

    https://twitter.com/eigenlayer

    https://forum.eigenlayer.xyz/


    Witness Chain (Proof of Decentralization)

    https://witnesschain.com/


    Vitalik Account Abstraction Talk EthCC

    https://www.youtube.com/watch?v=iLf8qpOmxQc

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Chainlink CCIP Bomb, UniswapX, & Synthetix upgrades explained | Roundup Jul 21, 2023

    In today's episode special edition cross-over episode Jason and Santi are joined by Michael, Co-founder at Framework Ventures and Co-host of the Bell Curve podcast. They cover EthCC Account Abstraction takeaways, Infinex, UniswapX, Chainlink CCIP & LayerZero, the VC landscape and MUCH much more.

    - -

    Follow Santi: https://twitter.com/santiagoroel

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Empire: https://twitter.com/theempirepod


    Subscribe on YouTube: https://tinyurl.com/4fdhhb2j

    Subscribe on Apple: https://tinyurl.com/mv4frfv7

    Subscribe on Spotify: https://tinyurl.com/wbaypprw


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Resources


    UniswapX

    https://twitter.com/Uniswap/status/1680955621343129600


    Infinex

    https://twitter.com/DefiantNews/status/1679838219201028097


    Chainlink CCIP

    https://twitter.com/chainlink/status/1680970793331613697


    Celo Move to L1

    https://blockworks.co/news/celo-return-home-ethereum

    --

    Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023

    --

    (00:00) EthCC

    (03:46) Account Abstraction & Crypto UX

    (06:48) Infinex: The CEX Killer?

    (10:25) UniswapX Release

    (17:19) Chainlink CCIP

    (27:43) LayerZero vs Chainlink

    (31:04) Policy Episode Takeaways

    (36:23) Thales

    (37:19) Kwenta

    (38:15) CoinDesk Acquired

    (41:25) Sequoia Shakes Up Crypto Arm

    (48:24) Crypto VC Competitive Landscape

    (52:16) Crypto VC Strategies & Investment Practices

    (01:03:13) Most Important Factor for L1s

    (01:12:43) Celo Transition to Ethereum L2

    —


    Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

    Solana Defi 2.0: The Comeback | Jarry Xiao, Lucas Bruder, MacBrennan Peet Jul 20, 2023

    This is an episode from Blockworks' new podcast Lightspeed! Lightspeed focuses on crypto projects that are pushing the limits of hardware and software to build first-class products. I'm dropping this Solana DeFi Panel episode here as I bet you'll want to add Lightspeed to your podcast lineup! Subscribe to Lightspeed by using the links below:


    Subscribe on YouTube: https://bit.ly/43o3Syk

    Subscribe on Apple: https://apple.co/3OhiXgV

    Subscribe on Spotify: https://spoti.fi/3OkF7PD


    Solana DeFi is having a resurgence, and Solana DeFi Summer is a narrative that's starting to emerge. What's the catalyst behind this resurgence, and is it sustainable? We bring on Jarry Xiao, Lucas Bruder and MacBrennan Peet to find out. We discuss why Solana DeFi is seeing a resurgence, token incentives, CLOBS vs AMMs, metrics that define a healthy ecosystem, what's next for Solana DeFi, liquid staking and more.

    - -

    Timestamps:

    (00:00) Introduction

    (01:15) What’s Going on in Solana DeFi?

    (05:02) Token Incentives and Points

    (14:24) What Will Spark Solana's DeFi Summer?

    (15:56) Capital Efficiency: CLOBS vs AMMs

    (16:13) Is Solana a Consumer or Professional DeFi Chain?

    (25:46) The Best Metrics to Evaluate a DeFi Ecosystem

    (34:49) Jito Liquid Staking ad

    (35:55) Permissionless ad

    (36:55) Understanding Risk and Avoiding Crazy APYs

    (41:08) What’s Next for Solana DeFi?

    (44:10) Building on Solana vs L2s

    (50:41) Applications vs L1s: Who Owns the User Mindshare?

    (53:12) Who Will Use DeFi?

    (56:23) Your Most Controversial Crypto Take

    (01:09:09) Rapid Fire


    - -

    This episode is brought to you by Jito.


    Jito is the easiest way to earn MEV rewards on Solana with liquid staking. Stake your SOL with Jito to start earning high yield powered by MEV and access instant liquidity through Jito’s liquid staking token JitoSOL so that you can use your staked assets across Solana DeFi. Visit jito.network to get started today!

    - -

    Follow Lucas:https://twitter.com/buffalu__

    Follow Jarry: https://twitter.com/jarxiao

    Follow Macbrennan: https://twitter.com/macbrennan

    Follow Mert: https://twitter.com/0xMert_

    Follow Garrett: https://twitter.com/GarrettHarper_

    Follow Lightspeed: https://twitter.com/Lightspeedpodhq


    Subscribe on YouTube: https://bit.ly/43o3Syk

    Subscribe on Apple: https://apple.co/3OhiXgV

    Subscribe on Spotify: https://spoti.fi/3OkF7PD


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Use code LIGHTSPEED30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023


    - -

    Resources


    Jito

    jito.network


    MarginFi

    https://www.marginfi.com/

    https://twitter.com/marginfi


    Ellipsis Labs

    https://ellipsislabs.xyz/

    https://twitter.com/ellipsis_labs


    Phoenix

    https://twitter.com/PhoenixTrade_

    - -

    Disclaimers:


    Lightspeed was kickstarted by a grant from the Solana Foundation.


    Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.

    The Staking Router + DVT: A Seismic Change for LSTs | Izzy (Lido) & Oisín (Obol) Jul 18, 2023

    Season 5 | Episode 3

    In this episode of Bell Curve, we are joined by a duo of special guests: Izzy, Lido Head of Validators, and Oisín, Co-founder of Obol Labs. Today's show dives into the current state of solo staking, distributed validator technology, the impacts of a staking router, and the future of Lido protocol.

    - -

    Timestamps:

    (00:00) Intro: Pre-Interview

    (01:27) Interview Start: Izzy & Oisín

    (02:22) The State of Solo Staking

    (07:37) The Importance of Decentralization

    (11:33) What is DVT?

    (20:02) Reducing Hardware & Capital Requirements

    (34:34) “Permissionless Ad”

    (35:29) Impacts of a Staking Router

    (46:08) The Diversity of Modules

    (59:12) Lido Fee Markets & Governance Responsibility

    (1:07:41) How Permissionless Can Validators Get?

    (1:11:16) The Intersection of Liquid Staking & Restaking

    (1:26:04) Recap: Post-Interview

    - -

    Follow Izzy: https://twitter.com/IsdrsP

    Follow Oisín: https://twitter.com/OisinKyne

    Follow Myles: https://twitter.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023

    - -

    Resources:

    Obol Network

    https://obol.tech/

    https://twitter.com/ObolNetwork

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Reboot | Uncommon Core 2.0 with Hasu and Jon Charbonneau Jul 17, 2023

    Uncommon Core - one of my favorite podcasts of all time - is back! This reboot is hosted by Hasu and Jon Charbonneau, two of the brightest minds in crypto. We are dropping their first episode here to share the news and because you’ll want to add this show to your podcast lineup!

    __

    In this episode, we explore Jon’s journey into crypto and our mutual passion for research and the writing process. We then give an overview of the key areas of crypto infrastructure today. Finally, we zoom into rollup decentralization roadmaps, and Jon shares a controversial new thesis about sequencer decentralization.

    __


    Timestamps:

    (00:00) Intro

    (02:42) Interview start

    (03:44) Jon's work week

    (08:04) ChatGPT & writing

    (10:57) Jon's start in crypto

    (14:45) How to pick things to work on

    (17:08) Outsider's perspective on crypto

    (19:05) Jon's research process

    (22:00) Jon's proudest moment in crypto

    (23:06) Crypto Infrastructure overview

    (29:58) Why crypto infrastructure is interesting

    (35:57) Rollup decentralization overview

    (42:44) Challenges decentralizing the sequencer

    (47:46) Ethereum vs Cosmos approach to governance & decentralization

    (53:35) User ability to opt out

    (56:37) Staking vs. governance deciding sequencers

    (01:08:31) L3s

    (01:13:34) Superchain

    (01:16:38) Summary of rollup decentralization

    (01:21:08) Outro

    __


    Hasu - https://twitter.com/hasufl

    Jon Charbonneau - https://twitter.com/jon_charb

    UCC2 - https://twitter.com/UCC2_xyz

    Website - https://ucc2.xyz

    __


    Disclaimer: The material and information presented in this podcast is for general informational purposes only and should not be considered investment advice. The views, thoughts, and opinions expressed in this podcast are solely those of the speakers and are not the views of any entity or other person with whom the speaker is affiliated, including, without limitation, DBA Crypto, LLC. The “DBA Crypto” name and all forms thereof are the sole property of its owner, and its use does not imply endorsement of or opposition to any specific organization, product, or service.

    Is This An Inflection Point for Crypto? | Roundup Jul 14, 2023

    In today’s episode, the guys reflect on the previous 12 months and take a temperature check on where we’re at in the current cycle. We also discuss the latest use case for RWA on-chain lending, with the Patek Philipe NFT loan, the recent new feature releases from Coinbase, and the potential for bipartisan crypto support on The Hill. We finish up reviewing the current seed stage climate, the death of the AI hype, and more!

    - -

    Timestamps:

    (00:00) Introduction

    (01:01) SEC vs XRP Review

    (09:33) Are We Experiencing a Sentiment Shift?

    (12:50) RWA On-Chain Lending Use Case: Patak Philipe NFT Loan

    (18:36) Current Investment Thesis

    (20:31) Year In Review & Changing Narratives

    (25:18) Coinbase News: L2 Base Launch & New Wallet-to-wallet Messaging

    (28:42) Bipartisan Crypto Support?

    (31:08) Future of Token/Equity Mix

    (32:01) Arkham Self-Sabotage?

    (33:05) Seed Stage Climate

    (34:48) Is the Pivot to AI Dead?

    - -

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Michael: https://twitter.com/im_manderson

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/

    --

    Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin:

    https://blockworks.co/event/permissionless-2023

    - -

    Resources:

    Coinbase: Introducing Base

    https://www.coinbase.com/blog/introducing-base


    Coinbase: Wallet Messaging

    https://www.coinbase.com/blog/say-gm-with-messaging-on-coinbase-wallet

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Is Liquid Staking Winner Take All? | Hasu Jul 11, 2023

    Season 5 | Episode 2

    In this episode of Bell Curve, we are joined by previous Bell Curve Host, Hasu. Serving as Strategic Advisor for Lido DAO Hasu shares his unique perspective on the current state of Liquid Staking Derivatives (LSDs), Lido Protocol's history & decentralization efforts, LSD winner-take-all market structure, and co-opetition & restaking risks.

    - -

    Timestamps:

    (00:00) Intro: Pre-Interview

    (02:00) Interview Start

    (02:39) The State of Liquid Staking

    (09:09) The History of Lido

    (19:58) The Evolution of LSD Market Structure

    (42:17) Checks & Balances for Lidool

    (53:14) The Current State of Lido Protocol

    (1:02:37) Lido: The Winner Taking All

    (1:10:18) Restaking & Co-opetition

    (1:27:09) Recap: Post-Interview

    --

    Follow Hasu: https://twitter.com/hasufl

    Follow Myles: https://twitter.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Use code BELLCURVE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023

    - -

    Resources:

    Dune Dashboard on LSD Market Structure

    https://dune.com/maverick_cap/lsd-tracking


    Sasha - Cosmos Booklet for Governance Decisions

    https://twitter.com/culturalobjects/status/1541934637907329029?s=20


    Vitalik - "The Bitcoin Maximalist" April 1st Publish

    https://vitalik.ca/general/2022/04/01/maximalist.html

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    What's the Future for Airdrops? | Roundup Jul 07, 2023

    In today’s episode Mike is joined by Blockworks Analysts team members, Dan and Westie. The guys breakdown airdrop functionality and future liquidity provisions. We also discuss what the future of Solana and the development of DEXs within its ecosystem. The conversation then turns to LSDs, with our Analyst Westie breaking down leverage staking, AMM liquidity, LSD baskets, LSD-backed stables, and interest rate derivatives. We then close out on the continued Azuki drama, the wider NFT impacts, what’s in store for DeFi, Lido's stETH Treasury approval and more!

    - -

    Timestamps:

    (00:00) Introduction

    (00:46) Airdrops Functionality & Liquidity Provisions

    (18:40) Solana’s Future

    (30:10) The State of LSDs

    (39:55) Azuki Update & Wider NFT Impact

    (50:21) DeFi 1.0 & Future Development

    (1:00:59) Lido's stETH Treasury Approval

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Dan: https://twitter.com/smyyguy

    Follow Westie: https://twitter.com/WestieCapital



    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/

    --

    Use code PODS20 to get 20% off Permissionless 2023 in Austin:

    https://blockworks.co/event/permissionless-2023

    - -

    Resources:

    1000x podcast

    https://spoti.fi/436lDlG

    https://blockworks.co/podcast/0xresearch

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The End Game for Liquid Staking | S5 Premiere Jul 05, 2023

    Season 5 | Episode 1

    Welcome to Season 5 of Bell Curve, where we will explore the end game for liquid staking. In this episode, Mike and Myles explore the major themes that we'll be covering this season. We discuss the history of proof-of-stake and liquid staking, how LSTs are a network effects game, why LST protocol governance is a highly debated topic, the risks of restaking, the LST competitive landscape and more!

    - -

    Timestamps:

    (00:00) Introduction

    (02:14) The History of PoS and LSTs

    (09:42) A Market Structure Dominated by Network Effects

    (17:46) LST Protocol Governance

    (25:42) The Principal-Agent Problem

    (28:56) Restaking: The Design and Risks

    (37:07) The LST Competitive Landscape

    - -

    Follow Myles: https://twitter.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:

    Bankless restaking episode

    https://spoti.fi/3CW3dJI


    Don't Overload Ethereum's Consensus (Vitalik)

    https://vitalik.ca/general/2023/05/21/dont_overload.html


    Felix's 2019 liquid staking blog post

    https://medium.com/chorus-one/delegation-vouchers-cfb511a29aac

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Are You Bullish or Bearish Onchain RWAs? | Roundup Jun 30, 2023

    In today's episode, the fellas discuss how onchain RWAs (real-world assets) will transform DeFi. We also cover Prime Trust's implosion, regulated DeFi, Azuki's controversial NFT mint, why Corporate VCs fail, the recent token delistings and more!

    - -

    Timestamps:

    (00:00) Introduction

    (0:56) Prime Trust Implodes

    (15:36) Debating Onchain RWAs

    (34:04) Azuki’s New Collection and NFT Business Models

    (43:17) AI Sexting, GPUs and Corporate VCs

    (50:37) Alts and Token Delistings

    (58:02) RFK and BTC Politics

    - -

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    --

    Research, news, data, governance and models – now, all in one place. As a listener of Bell Curve, you can use code "BELLCURVE10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/

    --

    Use code PODS20 to get 20% off Permissionless 2023 in Austin:

    https://blockworks.co/event/permissionless-2023

    - -

    Resources:

    1000x podcast

    https://spoti.fi/436lDlG


    Acquired's LVMH episode

    https://spoti.fi/44lNvn1

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    How BTC's Rally Could Kickstart Crypto's Flywheel | Roundup Jun 23, 2023

    In today's episode, the fellas discuss what a Blackrock BTC ETF would mean for crypto, why you should watch BTC's dominance, if NFTs will make a comeback, Binances L2 and more!

    - -

    Timestamps:

    (00:00) Introduction

    (02:24) BTC ETF Filings & The Clash of Narratives

    (24:33) “Valora Ad”

    (25:31) Who Will Trade on EDX Markets?

    (33:11) SAP’s Announcement: Cross-Border USDC Payments

    (40:49) The Ethscriptions Thesis

    (45:46) Will NFTs Make a Comeback?

    (52:02) Binance’s L2 Announcement

    - -

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    This episode is brought to you by Valora. Valora is a self-custody, mobile-first wallet... and the easiest way to send, swap, collect and purchase digital goods on the Celo blockchain. Download the app and start exploring today at valoraapp.com/empire.

    - -

    Resources:

    SAP USDC blog post

    https://blogs.sap.com/2023/06/15/cross-border-payments-made-easy-with-digital-money-experience-the-future-today/

    - -

    Disclaimer: Nothing said on Bell Curve or Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Uniswap's Platform Play, Tether FUD & The PE Time Bomb | Roundup Jun 16, 2023

    In today's episode, the fellas discuss Uniswaps v4 announcement, whether demand will stay on mainnet vs L2s, our bullish market outlook, why everyone's watching Curve's 3Pool and the (potential) decimation of private equity markets.


    - -

    Timestamps:

    (00:00) Uniswap v4: The Design and Speculation

    (09:39) Demand for Mainnet for L2 Blockspace

    (19:07) Market Sentiment: 2019 vs 2023

    (31:01) The Prometheum Charade

    (47:56) Curve 3Pool USDT FUD

    (54:09) The Nasdaq Decoupling & Decimation of Private Equity


    - -

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Vance: https://twitter.com/pythianism

    Follow Myles: https://twitter.com/MylesOneil


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources


    Matt Walsh Prometheum Twitter thread

    https://twitter.com/MattWalshInBos/status/1669061636953366528


    Danielle DiMartino on Forward Guidance

    https://spoti.fi/3qOxaZH


    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    SEC vs Crypto, Uniswap v4 Predictions & Lido Vampire Attacks | Roundup Jun 10, 2023

    In today's episode, the fellas debate the SEC's attack on crypto, what's in store for Uniswap v4, if a protocol could vampire attack Lido, the US crypto exodus and more!

    - -

    Timestamps:

    (00:00) Introduction

    (02:28) SEC Sues Binance and Coinbase

    (14:08) Uniswap v4, Compound vs Aave & LSTs

    (23:09) L2 Momentum & Vampire Attacking Lido

    (31:18) The Exodus to Asia

    (38:38) Battling Apathy and Industry Sentiment

    (42:54) Chainlink Swift Partnership

    (48:13) Does DeFi Need Oracles?

    - -

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:

    DeFi Is Broken (Dan Elitzer)

    https://twitter.com/delitzer/status/1661755779240841222

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Uniswap Fee Switch, Lido FUD & Endgame Craziness | Roundup Jun 02, 2023

    In today's episode, the fellas debate if Uniswap should turn on the fee switch (this gets spicy), why the Lido FUD is overblown, the complexities of Rune's Endgame, crypto's risk-free rate and more!

    - -

    Timestamps:

    (00:00) Introduction

    (01:15) Uniswap Fee Switch Debate

    (17:36) Lido FUD, stETH vs ETH & Network Effects

    (40:48) Rune’s Endgame Review

    (54:32) Does Crypto Have a Risk-Free Rate?

    (57:01) Jon Charb and CCTP

    (1:00:52) Work From Home vs In Office

    - -

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Vance: https://twitter.com/pythianism


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -


    Resources:

    Jon Charb's article on rollups

    https://dba.mirror.xyz/LYUb_Y2huJhNUw_z8ltqui2d6KY8Fc3t_cnSE9rDL_o

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    BONUS EP: Stephane Gosselin on MEV, OFAs, and Frontier Research May 31, 2023

    Season 4 | Bonus Episode

    In today's Bell Curve, we are joined by Stephane Gosselin, the founder of Flashbots and Frontier Research. We discuss why we need to reframe MEV, MEV burn, app-specific order flow auctions, user intents and EIP-4337, why centralized sequencers are fine, enshrined PBS and more! Stephane is a legend - you don't want to miss his unique insights.

    - -

    Timestamps:

    (00:00) Introduction

    (01:58) Reframing MEV: From Allocation to Wealth Creation

    (09:36) MEV Burn

    (12:37) The Evolution of DEX Architecture and MEV

    (22:44) Order Flow Auctions

    (27:30) The Case for Centralized Sequencers

    (38:56) Share Sequencers and Cross-Domain MEV

    (43:37) User Intents and Limitations of EIP-4337

    (49:21) Block Building's Race to the Bottom

    (54:45) Optimistic Relays and Enshrined PBS

    (1:07:05) Frontier Research

    - -

    Follow Stephane: https://twitter.com/thegostep

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:


    Frontier Research

    https://frontier.tech/


    MEV Utopia vs Dystopia by Stephane

    https://flashbots.mirror.xyz/bqCakwfQZkMsq63b50vib-nibo5eKai0QuK7m-Dsxpo


    Don’t Overload Ethereum’s Consensus by Vitalik

    https://vitalik.ca/general/2023/05/21/dont_overload.html

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Ethereum’s “Too Big To Fail” Time Bomb | Roundup May 26, 2023

    In today's episode, we discuss Vitalik's new article and if L2s/restaking will lead to Ethereum's "too big to fail" moment. We also explore the similarities of AI and crypto, Paradigm's pivot, why large funding rounds kill optionality, if the fork rule is determined by apps vs the L1 and if a protocol should ever be ossified!

    - -

    Timestamps:

    (00:00) Introduction

    (01:08) AI Takeover: Nvidia, Regulation and Paradigm’s Pivot

    (18:12) Large Funding Rounds Remove Optionality

    (31:05) Don’t Overload Ethereum’s Consensus

    (41:57) EigenLayer’s Mechanics and Risks

    (56:22) Apps vs L1s: Who Chooses the Canonical Chain?

    (58:51) Protocol Ossification

    (1:08:20) Companies That Issue Tokens and Equity

    - -

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Myles: https://twitter.com/MylesOneil

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:

    Vitalik's new article on restaking

    https://vitalik.ca/general/2023/05/21/dont_overload.html

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Season 4 Finale: An MEV Masterclass May 23, 2023

    Season 4 | Episode 8

    In this episode, Mike and Hasu give a masterclass on MEV. They discuss their biggest takeaways from this season, what questions remain unanswered and where MEV markets will go next. You don't want to miss this epic recap of our journey through the dark forest.

    - -

    Timestamps:

    (00:00) Introduction

    (01:32) The Latency Death Blow and Optimistic Relays

    (09:37) MEV Burn: Hasu’s Changed His Mind

    (15:30) Risks of Fast Commitments

    (18:50) Shared Sequencer Tradeoffs

    (26:47) Overlap Between Cosmos AppChains and Rollups

    (34:31) “Rook Ad”

    (36:22) Why Privacy is Necessary

    (42:10) Exclusive Order Flow: Wallets vs Apps

    (59:2 0) User Intents Explained

    (1:04:19) Asymmetric Information and Suave

    (1:14:24) The Future of MEV

    - -

    Follow Hasu: https://twitter.com/hasufl

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    This episode is brought to you by Rook. Close to a billion dollars has already been taken out of users’ pockets through MEV. Rook built a solution that automatically drives this value back to where it belongs: with the users and applications that create it.


    If you use on-chain products, tell your wallet, favorite app and go-to node provider to use Rook; if you're a developer, message us today to find out how to integrate Rook with your product. Follow Rook on Twitter and them a message at https://twitter.com/Rook.

    - -

    Resources:

    The DAO run lemonade stand

    https://twitter.com/josephdelong/status/1540311662888161280


    Jill Gunter

    https://twitter.com/jillrgunter


    I Pledge Allegiance

    https://spoti.fi/45udZ7p


    Vitalik's new article

    https://vitalik.ca/general/2023/05/21/dont_overload.html

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Should Protocols Share Revenue With Token Holders? | Roundup May 19, 2023

    In today's episode, we discuss if protocols should distribute revenue to token holders. This debate was sparked by a Lido proposal for a token revenue share mechanism that now has all of Crypto Twitter debating the merits of revenue distribution, buyback and burn vs dividends, protocol treasuries and more. Tokenomics is a theme you can no longer ignore.

    We also discuss roadblocks at Stacks (a Bitcoin scaling solution), the viability of Bitcoin's blockspace for arbitrary use cases and Tether's new BTC buying program.

    - -

    This episode is brought to you by Valora. Valora is the easiest way to send, swap, collect, and grow your crypto on the Celo blockchain. Download the app and start exploring dapps like

    JumpTask today at valoraapp.com/empire. Sign up and use the code ‘HelloValora’ to get a 20% bonus after completing your first task in JumpTask!

    - -

    Resources


    Lido revenue share proposal

    https://research.lido.fi/t/proposal-introducing-ldo-staking/4636


    Hasu's Lido response

    https://research.lido.fi/t/proposal-introducing-ldo-staking/4636/25?u=hasu


    Alex's SNX thread

    https://twitter.com/thiccythot_/status/1659278056035348485


    0xResearch hosted by Dan and Sam

    https://spoti.fi/3NlP1hA

    https://apple.co/3SNhUEt


    - -

    Follow Dan: https://twitter.com/smyyguy

    Follow Sam: https://twitter.com/swmartin19

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Myles: https://twitter.com/MylesOneil

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    MEV 2.0 - Order Flow Auctions & Privacy | Quintus Kilbourn, Barnabé Monnot May 16, 2023

    Season 4 | Episode 8:

    In this episode of Bell Curve, we are joined by Quintus Kilbourn and Barnabé Monnot to discuss order flow auctions, proposer-builder separation (PBS) and the future of MEV. We start with a deep discussion on order flow auctions, application vs protocol layer designs and the implementation tradeoffs. Quintus and Barnabé then explain the risks of vertical integration and how we can build systems to mitigate these supply chain centralization points. We end with a discussion on enshrined PBS, off-chain infrastructure and the future of MEV.

    - -

    Timestamps:

    (00:00) Intro: Pre-Interview

    (04:11) MEV 2.0

    (31:37) "Rook Ad"

    (33:29) MEV 2.0

    (1:07:08) Recap: Post-Interview

    - -

    Follow Quintus: https://twitter.com/0xQuintus

    Follow Barnabé: https://twitter.com/barnabemonnot

    Follow Hasu: https://twitter.com/hasufl

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    This episode is brought to you by Rook. Close to a billion dollars has already been taken out of users’ pockets through MEV. Rook built a solution that automatically drives this value back to where it belongs: with the users and applications that create it.


    If you use on-chain products, tell your wallet, favorite app and go-to node provider to use Rook; if you're a developer, message us today to find out how to integrate Rook with your product. Follow Rook on Twitter and them a message at https://twitter.com/Rook.

    - -

    Resources:

    Barnabé's article on protocol credibility

    https://barnabe.substack.com/p/seeing-like-a-protocol


    Vitalik's article on the End Game

    https://vitalik.ca/general/2021/12/06/endgame.html


    PEPC

    https://ethresear.ch/t/unbundling-pbs-towards-protocol-enforced-proposer-commitments-pepc/13879


    Eric Budish's article on batch auctions

    https://academic.oup.com/qje/article/130/4/1547/1916146

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    How to Value Crypto Tokens: Fees, Flows or Fugazi | Roundup May 12, 2023

    In today's episode, we discuss frameworks for valuing crypto projects. The fellas debate token buybacks vs dividends, fundamentals vs flows, protocol revenue vs supply-side revenue and how these factors impact investor valuation frameworks. We also explore activist crypto investing, jaredfromsubway's MEV strategy and more!

    - -

    Timestamps:

    (00:00) Introduction

    (01:59) Activist Investing: Aragon DAO

    (13:34) Will TradFi Have a Luna Moment?

    (20:05) How to Value Tokens

    (33:06) Uniswap's Fee Switch & the Changing Liquidity Landscape

    (44:42) How Jared fromsubway.eth Eats Everyone’s MEV Lunch

    - -

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Vance: https://twitter.com/pythianism

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

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    - -

    Resources:

    Blockworks Podcast Producer application

    https://jobs.ashbyhq.com/Blockworks/236ee9e8-f4ea-47ac-9eb6-f95a44d6c93b


    Arbitrum proposal

    https://forum.arbitrum.foundation/t/distribution-of-dao-revenue-to-arb-token-holders/14412


    Uniswap proposal

    https://gov.uniswap.org/t/making-protocol-fees-operational/21198


    Robert Miller MEV thread

    https://twitter.com/bertcmiller/status/1656392876438462464


    Relay Scan

    https://www.relayscan.io/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Meme Mania: Why You Should Pay Attention | 1000x May 11, 2023

    SPECIAL EPISODE: This is an episode of Blockworks' new podcast called 1000x! 1000x is a crypto markets podcast hosted by professional traders Avi Felman and Jonah Van Bourg that is for traders by traders (or anyone interested in trading/markets).

    In this episode, Avi and Jonah discuss Bitcoin's outlook and recent meme coin mania. We start with a discussion on Bitcoin and if bank failures are priced in, what it will take for BTC to break past the 30K range and if institutions are buying. Avi and Jonah then debate if we'll ever see 2021s perfect storm again. Meme coins are pumping, blockspace demand is saturated, and market sentiment is shifting. Is this a market turning point or just a short-term phenomenon? Tune in to find out!

    We'll drop a new 1000x episode on Empire's RSS feed and the 1000x YouTube channel every two weeks. Hit the links below and give us a follow!

    - -

    Timestamps:

    (00:00) Introduction

    (00:32) Are Bank Failures Priced In?

    (07:31) The Impact of a Potential US Default

    (12:51) Repeating 2021’s Perfect Storm

    (18:03) Meme Mania: Why You Should Pay Attention

    (31:30) Deflationary ETH and Blockspace Fee Generation

    (36:34) BTC Miner Revenue and BRC-20s

    - -

    Follow Avi: https://twitter.com/AviFelman

    Follow Jonah: https://twitter.com/jvb_xyz

    Follow 1000x: https://twitter.com/1000xPod


    Subscribe on YouTube: https://bit.ly/3FuSarX

    Subscribe on Apple: https://tinyurl.com/mv4frfv7

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    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Resources:

    Golden Tree

    https://www.goldentree.com/


    Cumberland

    https://cumberland.io/


    BRC-20.io

    https://brc-20.io/

    - -

    Disclaimer: Nothing said on 1000x is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Avi, Jonah and our guests may hold positions in the companies, funds, or projects discussed.

    MEV In The Cosmos | Henry de Valence, Barry Plunkett May 09, 2023

    Season 4 | Episode 7

    Welcome to Bell Curve! In this episode, we are joined by Henry de Valence and Barry Plunkett to discuss MEV in Cosmos. Henry and Barry explain the negative implications of Ethereum's maximal extraction philosophy, the benefits of AppChain sovereignty (as demonstrated by Osmosis' ProtoRev Module), the importance of privacy in MEV, ABCI 2.0 and much more. Join us for this exciting deep dive into one of the most innovative ecosystems in crypto!

    - -

    Timestamps:

    (00:00) Introduction

    (03:03) Ethereum’s Maximal Extraction Philosophy

    (06:59) Cosmos vs Ethereum Validators

    (13:07) Penumbra: Public and Private State

    (26:01) Osmosis’ ProtoRev Module

    (36:20) “Rook Ad”

    (38:12) Cross-Domain MEV

    (45:11) The Tension Between Sovereignty and Interoperability

    (1:00:03) What is ABCI 2.0?

    (1:08:24) Threshold Encryption Challenges

    (1:13:08) The Privacy Tradeoff

    - -

    Follow Henry: https://twitter.com/hdevalence

    Follow Barry: https://twitter.com/BPIV400

    Follow Hasu: https://twitter.com/hasufl

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    This episode is brought to you by Rook. Close to a billion dollars has already been taken out of users’ pockets through MEV. Rook built a solution that automatically drives this value back to where it belongs: with the users and applications that create it.


    If you use on-chain products, tell your wallet, favorite app and go-to node provider to use Rook; if you're a developer, message us today to find out how to integrate Rook with your product. Follow Rook on Twitter and them a message at https://twitter.com/Rook.

    - -

    Resources:

    Skip

    https://skip.money/

    https://twitter.com/SkipProtocol


    Penumbra

    https://penumbra.zone/

    https://twitter.com/penumbrazone

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Fellas Debate the Financialization of JPEGs | Roundup May 06, 2023

    In today's episode, we discuss Coinbase's earnings beat and Blur's new NFT lending product! Coinbase crushed revenue, meme coins are pumping and NFTFi is here. Is this all noise or have markets finally turned after the wild year? Tune in as we debate our market outlook, Blur and the financialization of NFTs, Curve's new crvUSD stablecoin, LST Summer and more!

    - -

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

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    - -

    Resources:

    GovHub

    https://twitter.com/JasonYanowitz/status/1654179131171512320

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Solana’s MEV Problem | Eugene Chen, Lucas Bruder May 02, 2023

    Season 4 | Episode 6

    In this episode of Bell Curve, we are joined by Eugene Chen and Lucas Bruder to discuss MEV on Solana. We compare Solana's MEV market to Ethereum's and then delve into the unique MEV challenges from Solana's high-throughput design. Our conversation then turns to Solana's missing mempool, spam reduction strategies, resource pricing, and a detailed explanation of Jito's MEV solution. Eugene and Lucas also shed light on Solana's fee markets, Firedancer, the role of latency, and the tradeoffs of CLOBS and AMMs (this one's spicy).

    - -

    Timestamps:

    (00:00) Intro: Pre-Interview

    (02:56) Solana MEV 101

    (13:29) Spam: 58% of Solana's Compute is on Failed Txs

    (18:13) Jito's Design

    (25:06) Jito vs Flashbots Adoption

    (33:40) “Rook Ad”

    (35:32) Who Captures the MEV?

    (38:22) The Problems with MEV in Solana Today

    (41:58) Solana’s Fee Markets

    (49:58) PBS on Solana?

    (52:43) Co-Location Incentives

    (56:13) Jump and Firedancer

    (58:27) DeFi on Solana

    (1:03:56) CLOBS vs AMMs

    (1:14:10) The Role of Latency

    (1:20:14) Recap: Post-Interview

    - -

    Follow Lucas: https://twitter.com/buffalu__

    Follow Eugene: https://twitter.com/0xShitTrader

    Follow Hasu: https://twitter.com/hasufl

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    This episode is brought to you by Rook. Close to a billion dollars has already been taken out of users’ pockets through MEV. Rook built a solution that automatically drives this value back to where it belongs: with the users and applications that create it.


    If you use on-chain products, tell your wallet, favorite app and go-to node provider to use Rook; if you're a developer, message us today to find out how to integrate Rook with your product. Follow Rook on Twitter and them a message at https://twitter.com/Rook.

    - -

    Resources:

    Jito

    https://www.jito.wtf/

    https://twitter.com/jito_labs


    Ellipsis Labs

    https://ellipsislabs.xyz/

    https://twitter.com/ellipsis_labs


    @0x94305

    https://twitter.com/0x94305

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Wallet Wars: Apps vs Infrastructure | Roundup Apr 28, 2023

    In today's episode, we discuss why crypto's top apps will win the wallet wars. We start by exploring tech's move to profitability, why we're bullish on Coinbase and the challenges of decentralized sequencers. We then discuss how suave and account abstraction are changing the landscape of MEV and user interactions. The wallet wars are coming; who will win? We finish with a discussion on ETH's LSD market, L1 vs L2 volume, the death of NFTs and more!

    - -

    Timestamps:

    (00:00) Introduction

    (01:08) Is Big Tech Back?

    (14:11) “Lightspeed Ad”

    (15:03) Commercial Real Estate Repricing

    (18:13) Coinbase Sues the SEC

    (28:56) Decentralized Sequencers

    (35:54) Suave, Account Abstraction & the Wallet Wars

    (44:05) ETH’s Withdrawal Queue and LSDs

    (53:53) L1 vs L2 Volume

    (1:01:14) Are NFTs Dead?

    (1:07:23) Solana and The Great Convergence

    - -

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

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    Follow Bell Curve: https://twitter.com/thebellcurvepod


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    Click below to learn more about Blockworks' upcoming Lightspeed podcast and submit an application to be one of our hosts!

    https://bit.ly/3NlQUwH

    - -

    Resources:

    DeFi Llama

    https://defillama.com/


    Blockworks Research Newsletter

    https://blockworks.co/newsletter/research

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Interview with a Searcher 2.0 | Dean Eigenman, Anish Agnihotri Apr 25, 2023

    Season 4 | Episode 5

    Join us on Bell Curve as we delve into the world of MEV Searchers with guests Dean Eigenman and Anish Agnihotri. We start with an introduction to the role of Searchers, today's Searcher landscape and the Searcher business model. Dean and Anish then explain how Searchers find MEV opportunities, the relationship between Searchers and Builders, atomic vs non-atomic trades, the role of latency and more. This is your chance for an inside look into the business model of an MEV Searcher!

    - -

    Timestamps:

    (00:00) Intro: Pre-Interview

    (02:36) Interview Start: Guest Backgrounds

    (07:31) The MEV Searcher Landscape

    (12:43) MEV Strategies Across Execution Environments

    (23:55) Searcher Competition

    (27:03) “Rook Ad”

    (28:56) Searcher Competition

    (35:29) The Relationship Between Searchers and Builders

    (41:10) Searcher Capital Requirements

    (43:11) Atomic vs Non-Atomic Trades

    (51:29) Traditional HFT and How to Win at MEV

    (55:40) The Role of Latency

    (59:30) Centralization Concerns

    (1:02:05) Minimizing MEV vs Maximal Extraction

    (1:05:27) Qualities of a Great Searcher

    (1:12:45) Recap: Post-Interview

    - -

    Follow Anish: https://twitter.com/_anishagnihotri

    Follow Dean: https://twitter.com/deaneigenmann

    Follow Hasu: https://twitter.com/hasufl

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    This episode is brought to you by Rook. Close to a billion dollars has already been taken out of users’ pockets through MEV. Rook built a solution that automatically drives this value back to where it belongs: with the users and applications that create it.


    If you use on-chain products, tell your wallet, favorite app and go-to node provider to use Rook; if you're a developer, message us today to find out how to integrate Rook with your product. Follow Rook on Twitter and them a message at https://twitter.com/Rook.

    - -

    Resources:

    Interview With a Searcher (Hasu, Uncommon Core)

    https://spoti.fi/43Bueyk


    End Game by Vitalik

    https://vitalik.ca/general/2021/12/06/endgame.html


    Dialectic

    https://dialectic.ch/

    https://twitter.com/Dialectic_Group


    Project Blanc

    https://github.com/project-blanc

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Why GameFi’s Best Apps Will Outperform DeFi | Roundup Apr 21, 2023

    In today's episode, we discuss this week's regulatory updates, the MEV debate and what to expect in the next bull cycle! We've had a hectic regulatory week with Gary Gensler's committee meeting, the EU's MICA legislation and a heated stablecoin hearing. We explore where US regulation is heading, the positive implications of MICA and if companies like Coinbase will move their operations to crypto-friendly jurisdictions.


    We then discuss the potential return of FTX, the MEV debate and what narratives will play out in the next bull cycle. Why would anyone buy FTX? Will MEV be democratized, or can it be reduced? Why will the best GameFi projects outperform DeFi? Tune in to find out!

    - -

    Timestamps:

    (00:00) Introduction

    (01:23) Asia Embraces Crypto

    (11:39) The Global Crypto Regulatory Landscape

    (16:48) EU’s MICA Regulation

    (25:21) Coinbase Secures Bermuda License

    (34:45) “Lightspeed Ad”

    (35:38) FTX: Back From the Dead?

    (48:09) Flashbots’ MEV Share & the MEV Debate

    (59:25) The Next Bull Market: GameFi vs DeFi

    - -

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

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    Follow Vance: https://twitter.com/pythianism

    Follow Bell Curve: https://twitter.com/thebellcurvepod


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    - -

    Lightspeed Podcast Opportunity:

    Click here to learn more about Blockworks' upcoming Lightspeed podcast and submit an application to be one of our hosts!

    - -

    Resources:

    Miners, Front-Running-as-a-Service Is Theft

    https://www.coindesk.com/markets/2021/04/07/miners-front-running-as-a-service-is-theft/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    MEV in a Modular World | Jon Charbonneau, Robert Miller Apr 18, 2023

    Season 4 | Episode 4

    In this episode of Bell Curve, we are joined by Jon Charbonneau and Robert Miller to discuss how Ethereum's modular roadmap impacts the future of MEV. We explore L2 MEV design, decentralized sequencer models, cross-domain MEV, latency games, and Suave. Jon and Robert are two giga brains that understand the bleeding edge of modular MEV design!

    - -

    Timestamps:

    (00:55) Intro: Pre-Interview

    (02:39) How Ethereum’s Modular Roadmap Impacts MEV

    (08:18) The Rollup Revolution: Consensus and Latency Games

    (18:35) How Sequencers Work Today

    (23:43) L2 MEV Models: Optimism and Arbitrum

    (29:42) Why L2s Need PBS

    (32:21) Decentralized Sequencer Designs

    (44:45) Cross-Domain MEV and Atomicity

    (53:46) Suave: The Mechanics, Order Flow Auctions & Roadmap

    (57:07) “Rook Ad”

    (59:09) Suave: The Mechanics, Order Flow Auctions & Roadmap

    (1:27:50) Recap: Post-Interview

    - -

    Follow Jon: https://twitter.com/jon_charb

    Follow Robert: https://twitter.com/bertcmiller

    Follow Hasu: https://twitter.com/hasufl

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    This episode is brought to you by Rook. Close to a billion dollars has already been taken out of users’ pockets through MEV. Rook built a solution that automatically drives this value back to where it belongs: with the users and applications that create it.


    If you use on-chain products, tell your wallet, favorite app and go-to node provider to use Rook; if you're a developer, message us today to find out how to integrate Rook with your product. Follow Rook on Twitter and them a message at https://twitter.com/Rook.

    - -

    Resources:

    Rollups Aren't Real by Jon

    https://joncharbonneau.substack.com/p/rollups-arent-real


    Hasu's Mevconomics talk

    https://www.youtube.com/watch?v=6xS0xMzh9Tc&ab_channel=ETHGlobal


    MEV Share

    https://collective.flashbots.net/t/mev-share-programmably-private-orderflow-to-share-mev-with-users/1264

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Uniswap’s Mobile Wallet: Breakthrough or Flop? | Roundup Apr 14, 2023

    In today's episode, we discuss the pros and cons of Uniswap's new mobile wallet. Can Uniswap leverage their proximity with users to acquire the next wave of retail, build horizontal products, establish moats and compete with centralized offerings? Tune in to find out!


    We also discuss account abstraction, the fappening, ETH's Shapella upgrade and how the US is falling behind in crypto.

    - -

    Timestamps:

    (00:00) Introduction

    (01:46) Uniswap's Mobile Wallet: The Pros and Cons

    (09:12) “Lightspeed Ad”

    (10:04) Uniswap's Mobile Wallet: The Pros and Cons

    (29:40) Account Abstraction, the Fappening and Wallet-as-a-Service

    (46:36) Solana’s Saga Phone

    (57:58) Shapella: ETH Unleashed

    (1:02:29) The U.S. Is Losing Its Edge in Crypto

    - -

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

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    Follow Vance: https://twitter.com/pythianism

    Follow Myles: https://twitter.com/MylesOneil

    Follow Bell Curve: https://twitter.com/thebellcurvepod


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    Lightspeed Podcast Opportunity:

    Click here to learn more about Blockworks' upcoming Lightspeed podcast and submit an application to be one of our hosts!

    - -

    Resources:

    The Fappening

    https://zeeprime.capital/the-fappening


    State of Crypto 2023 by a16z

    https://api.a16zcrypto.com/wp-content/uploads/2023/04/State-of-Crypto.pdf

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Inside the Economics of MEV | Matt Cutler Apr 11, 2023

    Season 4 | Episode 3

    In this episode of Bell Curve, we are joined by Matt Cutler from Blocknative to discuss the economics of MEV. We dive deep into MEV value capture, incentive structures and the relayer monetization debate (p.s. there's a great debate between Matt and Hasu). We also cover order flow auctions, latency wars, account abstraction, user preferences and more!

    - -

    Timestamps:

    (00:00) Intro: Pre-Interview

    (02:20) Interview Start

    (02:58) The MEV Supply Chain

    (06:01) Relays: Their Role and Monetization Debate

    (34:51) “Rook Ad”

    (36:44) Learnings From a $25M MEV Exploit

    (46:36) Wallets, User Preferences and Order Flow Auctions

    (1:00:59) Account Abstraction and Exclusive Order Flow

    (1:20:06) Recap: Post-Interview

    - -

    Follow Matt: https://twitter.com/mcutler

    Follow Hasu: https://twitter.com/hasufl

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    This episode is brought to you by Rook. Close to a billion dollars has already been taken out of users’ pockets through MEV. Rook built a solution that automatically drives this value back to where it belongs: with the users and applications that create it.


    If you use on-chain products, tell your wallet, favorite app and go-to node provider to use Rook; if you're a developer, message us today to find out how to integrate Rook with your product. Follow Rook on Twitter and them a message at https://twitter.com/Rook.

    - -

    Resources:

    $25M MEV Exploit

    https://blockworks.co/news/validator-frontruns-mev-bots


    Blocknative

    https://www.blocknative.com/

    https://twitter.com/blocknative

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    ETH L2s Have The Same Flaws As Alt L1s | Roundup Apr 07, 2023

    In today's episode, we debate Mike's tweet that Eth L2s have every feature Alt L1s are criticized for: centralized, downtime, opaque resource allocation and wild valuations. To get close to the metal, we compare Solana vs Arbitrum based on economics, network effects and future roadmap. If you listen to one conversation this week, this is it.


    We also discuss Arbitrum's governance debacle, the value of protocol BD deals, a $25M MEV exploit, Euler's $200M recovery and Shanghai predictions!

    - -

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Vance: https://twitter.com/pythianism

    Follow Miles: https://twitter.com/MylesOneil

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

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    - -

    Lightspeed Podcast Opportunity


    Click here to learn more about Blockworks' upcoming Lightspeed podcast and submit an application to be one of our hosts!

    - -

    Resources


    Mike's Eth L2 vs Alt L1 debate tweet

    https://twitter.com/mikeippolito_/status/1642262306712109057


    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Cosmos SDK of Rollups | Preston Evans, Sovereign Labs Apr 05, 2023

    Today's episode is a bonus episode from our podcast 0xResearch, produced by the Blockworks Research team. This is one of my favorite episodes they've done, a deep dive into the future of rollups, scaling and zk-tech. The first 15 minutes is the "analyst bullpen" segment on Arbitrum's recent governance debacle, followed by an interview with Preston Evans from Sovereign Labs (use the Timestamps if you want to skip ahead). If you enjoy this episode, follow the link in the show notes below to subscribe!

    - -

    Join us on 0xResearch as we interview Preston Evans, the Chief Scientist of Sovereign Labs. Why should you care about Sovereign? Because they're building the Sovereign SDK. Like the Cosmos SDK that enables modular plug-and-play experimentation for L1s, the Sovereign SDK is a modular toolkit for building zk-rollups on any chain with seamless composability. In this episode, we discuss how Sovereign's design compares to the Cosmos SDK and IBC, smart contract vs Sovereign rollups, the role of data availability, decentralized sequencer design and more! This is my favorite 0xResearch episode yet.


    And as usual, we start the episode with our analyst bullpen to discuss the recent governance drama at Arbitrum!

    - -

    Timestamps:

    (00:00) Introduction

    (00:45) Arbitrum's Governance Blunder

    (15:04) Blockworks Research

    (16:03) Interview Start: What is Sovereign?

    (22:23) The Sovereign SDK vs Cosmos SDK

    (23:59) Settlement on Smart Contract vs Sovereign Rollups

    (28:14) The Role of Data Availability

    (32:24) Decentralized Sequencers

    (37:54) Optimistic Rollup Tradeoffs

    (41:24) Composability and IBC

    (52:22) What Is Sovereign’s X Factor?

    (54:17) Building Rollups on Bitcoin

    (59:11) Sovereign’s Business Model and Timeline

    - -

    Follow Preston: https://twitter.com/prestonevans__

    Follow Westie: https://twitter.com/WestieCapital

    Follow Dan: https://twitter.com/smyyguy

    Follow Sam: https://twitter.com/swmartin19

    Follow Purplepill: https://twitter.com/purplepill3m

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    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Resources:

    Delegate ARB to Blockworks Research

    https://twitter.com/blockworksres/status/1639279479368368132


    Sovereign Labs

    https://www.sovereign.xyz/

    https://twitter.com/sovereign_labs

    - -

    Check out Blockworks Research today! Research, data, governance, tokenomics, and models – now, all in one place


    Blockworks Research: https://www.blockworksresearch.com/

    Free Daily Newsletter: https://blockworks.co/newsletter

    - -

    Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.

    Shining A Light On MEV | Tarun Chitra, Justin Drake Apr 04, 2023

    Season 4 | Episode 2

    In this episode of Bell Curve, we are joined by Tarun Chitra and Justin Drake to discuss how builders are navigating the complex world of MEV. One of the hottest debates is MEV precedence. What parties in the MEV value chain should accrue MEV? Tarun and Justin give their takes and explain how applications and protocols are approaching this challenge. We then explore MEV auction vs latency games, how L2s complicate MEV, various approaches to MEV reduction and on-chain privacy and more!

    - -

    Timestamps:

    (00:00) Intro: Pre-Interview

    (02:12) Interview Start

    (32:00) “Rook Ad”

    (33:54) MEV Burn

    (41:45) Should the Application or Protocol Layer Reduce MEV?

    (48:23) MEV Auction Game Theory

    (51:55) The Role of Latency

    (1:04:03) How L2s Increase the Complexity of Latency

    (1:10:21) Privacy in the MEV Supply Chain

    (1:26:42) Recap: Post-Interview

    - -

    Follow Tarun: https://twitter.com/tarunchitra

    Follow Justin: https://twitter.com/drakefjustin

    Follow Hasu: https://twitter.com/hasufl

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    This episode is brought to you by Rook. Close to a billion dollars has already been taken out of users’ pockets through MEV. Rook built a solution that automatically drives this value back to where it belongs: with the users and applications that create it.


    If you use on-chain products, tell your wallet, favorite app and go-to node provider to use Rook; if you're a developer, message us today to find out how to integrate Rook with your product. Follow Rook on Twitter and them a message at https://twitter.com/Rook.

    - -

    Resources:

    Miners, Front-Running-as-a-Service Is Theft

    https://www.coindesk.com/markets/2021/04/07/miners-front-running-as-a-service-is-theft/


    Ethereum Foundation

    https://ethereum.org/en/foundation/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    CBDCs: A Wolf In Sheep's Clothing | Roundup Mar 31, 2023

    In this episode of Bell Curve, we explore the implications of CBDCs and how governments will use CBDC efficiencies as a veneer for control. We start by discussing stablecoins, how Tether has surprisingly become the "trusted" stable of crypto (or has it...) and the heated CBDC debate. We also discuss startup treasury management, if apps will launch their own L2s or launch on an existing ecosystem, the commercial real estate disaster and more!

    - -

    Timestamps:

    (00:00) Introduction

    (02:14) Tether: The Trusted Stablecoin?

    (17:05) Startup Treasury Management

    (20:39) Are CBDCs Inevitable?

    (33:55) Copy-Paste L2s, AppChains and ETH L1

    (47:51) ETH vs BTC's Monetary Premium

    (52:01) A Commercial Real Estate Disaster

    (1:04:08) AI Is Taking Over

    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

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    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    S4 Premiere: A Journey Into The Dark Forest | Hasu Mar 28, 2023

    Season 4 | Episode 1


    Welcome to Season 4 of Bell Curve, where we will explore crypto's dark forest: MEV. Hasu is joining Mike as this season's cohost. If you don't know Hasu, he is the strategy lead at Flashbots, strategic advisor at Lido, research collaborator at Paradigm and a prolific strategist.


    In this episode, we introduce the topics and our thesis for the upcoming season. We discuss the MEV value chain, order flow auctions, how MEV affects security, atomic vs statistical arbitrage, the role of latency, fair ordering protocols and more! Hit subscribe as this will be the best season yet!

    - -

    Timestamps:

    (00:00) Introduction

    (02:19) The MEV Value Chain

    (14:24) Order Flow Auctions

    (21:10) MEV in a Modular Future

    (28:50) How MEV Impacts the Security of an L1

    (31:52) “Rook Ad”

    (33:46) Atomic Arbitrage vs Statistical Arbitrage

    (42:43) The Role of Latency

    (51:10) Fair Ordering Protocols

    (54:11) MEV on Solana and Cosmos

    (59:36) Regulation

    - -

    Follow Hasu: https://twitter.com/hasufl

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    This episode is brought to you by Rook. Close to a billion dollars has already been taken out of users’ pockets through MEV. Rook built a solution that automatically drives this value back to where it belongs: with the users and applications that create it.


    If you use on-chain products, tell your wallet, favorite app and go-to node provider to use Rook; if you're a developer, message us today to find out how to integrate Rook with your product. Follow Rook on Twitter and them a message at https://twitter.com/Rook.

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Balaji's BTC Bet, Macro Chaos and Coinbase vs SEC | Roundup Mar 24, 2023

    In this episode of Bell Curve, we discuss macro and the crazy decade ahead. The Fed is on the brink of stopping rate hikes, Balaji bet Bitcoin is going to $1M in 90 days, Credit Suisse collapsed, bonds are breaking and the market is a mess. What's coming next and where does the value lie in the chaos? It's all on this episode and it's spicy hot.

    We also discuss Coinbase's Wells Notice from the SEC, where value will accrue in crypto and how ChatGPT is gunning for your job. You won't want to miss this one!

    - -

    Timestamps:

    (00:00) Introduction

    (02:01) Interest Rate Hikes and a Macro Mess

    (11:29) Credit Suisse’s Fire Sale

    (17:37) Balaji's Bet, the Long-Term Debt Cycle & Macro Cont.

    (45:39) Coinbase Receives SEC Wells Notice

    (54:02) Where Will Value Accrue in Crypto?

    (1:03:11) ChatGPT Chat

    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

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    Follow Jason: https://twitter.com/JasonYanowitz

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    Subscribe on YouTube: https://bit.ly/3R1D1D9

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    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Crypto's Moment: They Swung, They Missed | Roundup Mar 17, 2023

    In this episode of Bell Curve, we explore the economic fallout from the recent banking collapse, if Powell has pushed things too far and why the crypto bulls are back despite the market turmoil. We just entered a new paradigm shift, and crypto is primed to take advantage.


    We also cover the implications of USDC's depeg, how to evaluate protocol business models, Arbitrums $ARB airdrop and more! This is one episode you crypto bulls (and skeptics) won't want to miss.

    - -

    Timestamps:

    00:00 Introduction

    00:33 Has Powell Pushed Things Too Far?

    19:07 USDC Depeg and Signature’s Shady Closure

    29:54 Arbitrum’s Airdrop, Fundraising and Protocol Cashflows

    44:58 Orbit: Abritrum’s New L3 Infrastructure

    47:52 Why Do We Need a Commercial Banking System?

    53:34 Catalysts for the Next Bull Market

    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    S3 Finale: Does The AppChain Thesis Hold up? Mar 14, 2023

    This S3 finale covers the top takeaways from the last seven episodes, where we put the AppChain thesis to the test. Our thesis: Apps will leverage their proximity to customers to capture outsized value, mindshare and pricing power. Did the last seven episodes validate our thesis? Tune in for our conclusion and learnings on Aggregation Theory, product vs distribution, Cosmos' biggest weakness, scaling infrastructure and more!

    - -

    Timestamps:

    (00:00) S3 Finale

    --

    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    A Bank Run Saga: Silvergate and SVB | Roundup Mar 10, 2023

    Silvergate, crypto's primary bank, is closing shop. Silicon Valley Bank, tech's primary bank, is in a downward spiral. Two bank runs caused by low-interest rates, duration mismatches and FUD. How did this all start? What do these two banks have in common? And is this a systemic risk to the financial system? We answer all of these questions and more!


    If you make it to the deep end (the last ~20 min), we also explore Coinbase's new WaaS offering, Coinbase's business outlook, Voyager's big win and bullish news for GBTC.

    - -

    Timestamps:

    (00:00) Introduction

    (00:33) Bank Runs: Silvergate and Silicon Valley Bank

    (54:14) ETH Denver Narratives

    (57:00) Coinbase’s Wallet-as-a-Service & Strategy

    (1:07:01) Voyager’s Win, GBTC Update and Politics

    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:

    How Banks Fail

    https://jaustincampbell.substack.com/p/how-banks-fail

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    How Bitcoin Will Secure The AppChain Future | Rollkit, Babylon, Stride Mar 08, 2023

    In this episode of Bell Curve, we explore how shared security will ignite the AppChain revolution. David Tse, Javed Khan and Aidan Salzmann discuss how AppChains require sovereignty, interoperability and security; Cosmos has solved sovereignty and interoperability, but security is still a moving target. Could Bitcoin be the security solution for Cosmos and the AppChain future? Tune in to find out!

    - -

    Follow Myles: https://twitter.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow David: https://twitter.com/dntse

    Follow Javid: https://twitter.com/tuxcanfly

    Follow Aidan: https://twitter.com/aidan0x


    Subscribe on YouTube: https://bit.ly/3R1D1D9

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    - -

    Resources:


    Rollkit

    https://rollkit.dev/

    https://twitter.com/RollkitDev


    Babylon

    https://www.babylonchain.io/


    Stride

    https://stride.zone/

    https://twitter.com/stride_zone


    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.


    Silvergate Crashes, Cosmos Hub Ghosted & Jump Exploits | Roundup Mar 03, 2023

    Crypto goes bankless. Silvergate - the beleaguered crypto bank - failed to file its 10K, was just ditched by Coinbase (and friends) for Signature bank, and its stock plunged 50% in the last 24 hours. We explain everything and debate what's next for crypto's off-chain payment rails!


    We also explore Noble (the Cosmos USDC issuance chain) ditching ICS, Jumps counter-exploit, Bitcoin's new narrative and why we're bullish Web3 gaming!

    - -

    Timestamps:

    (00:00) Introduction

    (02:11) Silvergate Crashes: We’re Going Bankless

    (18:45) Jump Exploits $300M Wormhole Exploiter

    (28:26) Noble Ditches ICS & the AppChain Debate

    (38:36) Bitcoin’s New Move

    (42:53) Unity Embraces Web3 Gaming & Predictions

    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

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    - -

    Resources:

    Jump Executes Counter Exploit Against Wormhole Exploiter

    https://www.blockworksresearch.com/research/we-do-a-little-counter-exploit

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Optimism’s Superchain vs Cosmos Feb 28, 2023

    Season 3 | Episode 6

    In this episode of Bell Curve, Myles and Mike dive deep into today’s most innovative blockspace scaling techniques. They begin by discussing Optimism's recent "Superchain" rebrand and the similarities between the OP Stack and Cosmos SDK.


    We also discuss Coinbase's new L2, exploring its potential impact on general-purpose L2s and user demand. This leads to our ongoing thesis that the roadmaps for Cosmos and Ethereum are merging, an intriguing development that we unpack in detail.

    - -

    Timestamps:

    (00:00) Introduction

    (00:48) The Superchain

    (17:07) Cross-Chain Messaging and Shared Sequencers

    (20:37) The Role of General-Purpose Chains

    (24:24) The Cosmos SDK vs OP Stack

    (32:12) Communication Hubs and Value Accrual

    (39:05) SDK Network Effects

    (46:04) What’s Left to Build

    (51:19) How Ethereum has Influenced Cosmos

    - -

    Follow Myles: https://twitter.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:

    The Inevitability of UNIchain

    https://medium.com/nascent-xyz/the-inevitability-of-unichain-bc600c92c5c4


    Optimism's Superchain

    https://stack.optimism.io/docs/understand/explainer/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Coinbase's End Game: Keep it BASEd | Roundup Feb 24, 2023

    This episode covers Coinbase's Base L2 announcement. We discuss why Base could be a game changer, how Coinbase will monetize Base, how Base impacts competing L2s and more! On-chain creativity for Coinbase and the ecosystem is at an all-time high - feeling bullish.


    We also explore the liquid staking token narrative, how the SEC's qualified custodian proposal impacts institutional adoption, OpenSea's precarious future, why every project is launching a stablecoin and MakerDAO's end game


    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

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    - -

    Resources


    Empire's Base (Coinbase) episode

    https://spoti.fi/3ZkTshq


    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

     The Rollapp Stacks | Sovereign Labs, Slush Feb 21, 2023

    Season 3 | Episode 5

    In this episode of Bell Curve, Kalman Lajko and Preston Evans explain their thesis behind the optimal Rollapp stack. We start with the similarities and key differences between the Slush and Sovereign design thesis and how developers choose the optimal stack for their product. We then explore how Rollapp infrastructure projects can monetize, winner-take-all dynamics, the importance of BD and developer tooling and more!

    - -

    Timestamps:

    (00:00) Intro: Pre-Interview

    (02:02) The Internet of Rollups

    (04:26) Slush vs Sovereign

    (28:06) Business models and monetization

    (30:20) A winner-take-all market?

    (34:45) Attracting developers

    (36:51) Infrastructure and developer tooling

    (39:09) Recap: Post-Interview

    - -

    Follow Myles: https://twitter.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Preston: https://twitter.com/prestonevans__

    Follow Kalman: https://twitter.com/kalmanlajko


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:

    Sovereign

    https://www.sovereign.xyz/

    https://twitter.com/sovereign_labs


    Slush

    https://slush.dev/

    https://twitter.com/SlushSDK

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    OpenSea’s BLURred Vision, Tech’s New Paradigm & MEV Talk | Roundup Feb 17, 2023

    This episode of Bell Curve explores Blur's airdrop and attack on OpenSea's market share. We discuss Blur's business strategy, BLUR token incentives, OpenSea's precarious position and more!


    We also cover the recent market rally, the SEC's qualified custodian proposal, tech's transition from growth to value and Flashbots' new MEV-Share product. Check out the Timestamps below for a full breakdown!


    - -

    Timestamps:

    (00:00) Introduction

    (02:34) Why are markets ripping?

    (05:10) The SEC’s qualified custodian proposal

    (12:16) Tech’s transition from growth to value

    (23:08) Blur, OpenSea’s fall, royalties & ETH burn

    (33:27) Scaling tech and new applications

    (37:34) Flashbots MEV-Share, PFOF and best execution

    (52:09) Max Pain

    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

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    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources


    Flasbots MEV-Share article

    http://bit.ly/3S7g9TO


    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    MEV: The Economic Driver of Blockchains Feb 14, 2023

    In this episode of Bell Curve, we are joined by Nitesh Nath, Xave Meegan and Maghnus Mareneck to discuss the economic driver of blockchains: MEV. Miner Extractable Value (MEV) is often called the most exciting and complex industry within crypto. Listen to this episode, and you'll catch the fever! In this episode, we discuss how AppChains can optimize MEV, payment for order flow (PFOF), MEV value accrual, cross-chain MEV, the role of wallets and more! You won't want to miss this one.


    - -

    Timestamps


    (00:00) Intro: Pre-Interview

    (01:15) The MEV Value Chain

    (08:35) How AppChains Can Optimize MEV

    (16:24) MEV in Solana and General Purpose Chains

    (25:18) Osmosis’ ProtoRev Module

    (29:00) AppChains vs General Purpose Chains

    (30:41) What Should Protocols Prioritize?

    (37:15) Rollup MEV and Shared Sequencers

    (46:30) The Value Prop for Users and Wallets

    (48:06) Complexities of Cross-Chain MEV

    (52:30) Wallets: The Role of Middleware

    (56:44) Debating What is Good vs Bad MEV

    (1:04:30) Recap: Post-Interview

    - -

    Follow Myles: https://twitter.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Nitesh: https://twitter.com/niteshnath

    Follow Maghnus: https://twitter.com/0xMagmar

    Follow Xave: https://twitter.com/0xave


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    - -

    Resources:


    Chorus One

    https://chorus.one/

    https://twitter.com/ChorusOne


    DFlow

    https://dflow.net/

    https://twitter.com/DFlowProtocol


    Skip Protocol

    https://skip.money/

    https://twitter.com/skipprotocol


    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Operation Choke Point: Is Kraken the first domino? | Roundup Feb 11, 2023

    This episode of Bell Curve explores the implications of the SEC shutting down Kraken's US staking operations. Is the SEC coming for Coinbase next? What will be the next domino to fall? How will this impact DeFi? We discuss it all here.


    We also cover Genesis' bankruptcy agreement, Uniswap's governance drama, the rise of super apps, Google's $100B mistake and more!

    - -

    Timestamps:

    (00:00) Introduction

    (01:17) Operation Choke Point: Kraken's Staking Service Shutters

    (26:01) Genesis Reaches Agreement With DCG and Key Creditors

    (31:55) Uniswap Governance Whale Games

    (46:02) Stargate ReIssues Their Token Supply

    (52:57) Super Apps and What’s Never Coming Back

    (1:08:34) Infinity Pools, Google’s $100B Mistake and AI Value Accrual

    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

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    - -

    Resources:

    Brian Armstrong's tweet on potential staking ban

    https://twitter.com/brian_armstrong/status/1623459203150131201

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Competing Security Models for Appchains | Nick White, Dev Ojha Feb 07, 2023

    Season 3 | Episode 3

    In this episode of Bell Curve, Nick White and Dev Ojha join us to debate the pros and cons of applications owning the full tech stack vs leveraging a modular architecture. Applications that own their full tech stack can fully customize their chain (how they process MEV, encryption, etc) but is the overhead and cost worth it? In contrast, the modular ideology supports outsourcing all non-core functions to other providers (similar to how websites outsource payments to Stripe). We cover this debate, Celestia, the role of sequencers, security tradeoffs, the idea of the "minimum viable stack" and more!

    - -

    Timestamps:

    (00:00) Intro: Pre-Interview

    (02:25) Guest Backgrounds

    (04:13) Application Design Philosophies

    (10:01) Sequencers: Their Role and Security Tradeoffs

    (27:00) Tradeoffs: Focus vs Control

    (33:38) Mesh Security, ICS and Restaking

    (45:51) SDK Network Effects & the “Minimum Viable Stack”

    (55:13) Building Credibly Neutral Software

    (1:00:41) How Applications Should Approach MEV

    (1:04:02) The Path Ahead

    (1:06:19) Recap: Post-Interview

    - -

    Follow Myles: https://twitter.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Nick: https://twitter.com/nickwh8te

    Follow Dev: https://twitter.com/valardragon


    Subscribe on YouTube: https://bit.ly/3R1D1D9

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    - -

    Resources:

    Celestia

    https://celestia.org/


    Osmosis

    https://osmosis.zone/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    An Inside Look at Crypto Venture Firms | Roundup Feb 03, 2023

    This episode of Bell Curve explores the crypto venture capital landscape. We discuss how VC funds are managed, what separates the best funds from the pack, why fund size is so important and more! This is your chance to see how the crypto VC business really works.

    We then discuss Bitcoin's NFT drama, why Bitcoin mining sucks and a little bit of politics. You won't want to miss this one!

    - -

    Timestamps:

    (00:00) Introduction

    (00:38) Is the bull market back?

    (12:27) The private fundraising landscape

    (21:29) Behind the scenes look at VC funds

    (43:09) Bitcoin NFT drama (Ordinals)

    (50:43) Being a Bitcoin mining business ain’t easy

    (55:13) Charlie Munger, Nikki Haley and election predictions

    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


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    - -

    Resources:

    Illegitimate bitcoin transactions (Ordinals)

    https://read.pourteaux.xyz/p/illegitimate-bitcoin-transactions

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Fat Apps: Aggregation Theory in Crypto Networks | Zaki Manian, Sam Hart Jan 31, 2023

    Season 3 | Episode 2

    In this episode of Bell Curve, Zaki Manian and Sam Hart join us to discuss how Aggregation Theory applies to crypto protocols. We explore if applications can covert user relationships into sticky profits, crypto moats, blockspace as a commodity, the benefits of controlling the full tech stack and more!


    PS: don't miss the "Smiling Curve" section of the episode - it's an under-discussed idea that will start appearing in crypto value-capture debates!

    - -

    Timestamps:

    (00:00) Intro: Pre-Interview

    (02:29) The AppChain Thesis

    (09:31) Aggregation Theory

    (25:31) Do Moats Exist?

    (31:34) Is Blockspace a Commodity?

    (38:25) The Smiling Curve

    (47:04) Will dYdX Validate the AppChain Thesis?

    (52:28) Controlling the Entire Stack

    (1:01:22) Recap: Post-Interview

    - -

    Follow Myles: https://twitter.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Zaki: https://twitter.com/zmanian

    Follow Sam: https://twitter.com/hxrts


    Subscribe on YouTube: https://bit.ly/3R1D1D9

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    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:

    Ben Thompson's Aggregation Theory

    https://stratechery.com/aggregation-theory/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Unraveling Crypto’s Credit Crisis | Roundup Jan 27, 2023

    This episode of Bell Curve explores the complex money trail from crypto's warped credit market. We know the players - 3AC, DCG, Genesis, Alameda and FTX - but how were these parties tied together and what exposure did they all (carelessly) take?


    We then discuss how ecosystem funds work, why we're bullish dYdX and Circle, the Blockworks Research degens, why we're pulling a boomer on social media, Doodles controversy and more!

    - -

    Timestamps:

    (00:00) Introduction

    (00:51) Crypto's [Dead] Credit Market

    (17:18) How Ecosystem Funds Work

    (24:30) dYdX Token Unlocks

    (29:32) Circle’s CCTP = Bullish

    (34:21) Canto, Blockworks Research and How to “Make It”

    (48:44) Stargate Psyops?

    (52:01) Doodles Controversy

    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

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    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Case for Sovereign Blockchains | Sunny Aggarwal, Dmitriy Berenzon Jan 24, 2023

    Season 3 | Episode 1

    In this episode of Bell Curve, Sunny Aggarwal and Dmitriy Berenzon join us to discuss the pros and cons of building a sovereign AppChain. AppChains enable developers and protocols to customize consensus, cryptography, MEV rules, fees and more. But is this customization worth the fragmentation, start-up costs, lack of tooling and other challenges AppChains face? Tune in to find out.

    - -

    Timestamps:

    (00:00) Intro: Pre-Interview

    (02:33) The AppChain Thesis

    (10:52) Reasons to Build an AppChain

    (28:28) The Downsides and Challenges

    (42:04) What is Permissioned Blockspace?

    (48:49) Cosmos vs Ethereum

    (1:02:09) Solving Interoperability

    (1:07:54) User Lock-in: Wallets

    (1:13:42) Recap: Post-Interview

    - -

    Follow Myles: https://twitter.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Sunny: https://twitter.com/sunnya97

    Follow Dmitriy: https://twitter.com/dberenzon


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:


    Dmitriy's blog

    https://dberenzon.medium.com/


    Osmosis

    https://osmosis.zone/


    1k(x)

    https://1kx.network/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Peak ETH: Ethereum's Monetary Policy Explained | Roundup Jan 21, 2023

    This episode of Bell Curve explores the bear market rally and ETH’s monetary design. We start with our views on the recent market rally - have prices bottomed, or are we witnessing a dead cat bounce? What should we expect for 2023?


    We then discuss ETH's unique monetary policy, MakerDAO’s counterparty risk, Optimism vs Arbitrum, private fundraising, Su Zhu's false redemption arc and more!

    - -

    Timestamps


    (00:00) Introduction

    (01:00) A Bear Market Rally

    (12:10) Optimism vs Arbitrum

    (17:20) Genesis Bankruptcy Rumors

    (22:28) MakerDAO’s Counterparty Risk

    (28:28) Raising Funds in a Bear Market

    (34:30) ETH’s Monetary Policy

    (48:01) ETH Staking Withdrawal Queue

    (50:05) Bitzlato and Bitcoin Narratives

    (1:00:50) Su Zhu and Kyle are Back


    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

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    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources


    Ryan Watkins tweet on Ethereum innovation cycles

    https://bit.ly/3ZPirug


    ETH 7.5% APR tweet

    https://bit.ly/3Wmua0w


    ETH withdrawal queue thread (by Westie)

    https://twitter.com/WestieCapital/status/1613645213792366595


    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Rise of AppChains | Season 3 Pilot Jan 17, 2023

    Season 3 | Pilot


    Layer One protocols have dominated the value capture narrative since Ethereum's inception, but a new narrative is forming: the AppChain Thesis. This thesis predicts crypto's top applications will not rent land and conform to the limitations of other platforms (e.g. Ethereum) but will launch their own independent chain. An AppChain.


    How should applications approach this decision? Where will value accrue? What are the pros and cons? Will applications prove stickier than protocols? These are just a few questions we'll explore in Bell Curve Season 3. Get ready!

    - -

    Timestamps


    (00:00) Introduction

    (00:35) Meet Myles, Our New Co-Host

    (03:35) Why the AppChain Thesis?

    (07:12) Season 3 Overview

    (14:45) The Fat App Thesis

    (18:38) AppChain Tradeoffs

    (23:36) Where Cosmos and Ethereum Collide

    (26:30) The Market Opportunity


    - -

    Follow Myles: https://twitter.com/MylesOneil

    Follow Mike: https://twitter.com/MikeIppolito_


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    - -

    Resources:


    Fat Protocols by Joel Monegro

    https://www.usv.com/writing/2016/08/fat-protocols/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Winklevoss Twins "Zucked" by Genesis | Roundup Jan 06, 2023

    This episode of Bell Curve explores the standoff between the Winklevoss twins (Gemini) and Barry Silber (Genesis/DCG). Is there a resolution or will both companies watch their equity slide to zero? We also discuss Solana's future, the bank run at Silvergate, Cosmos-native USDC, the LSD narrative and more!

    - -

    Timestamps:

    (00:00) Introduction

    (01:18) Will Solana Survive?

    (08:58) Winklevoss Twins vs Barry Silbert

    (27:20) Binance Acquisition Blocked & Coinbase’s Good Luck

    (30:16) Silvergate Announces $8.1B Fall in Deposits

    (39:08) Public Equity Proxy Investing

    (45:22) How Bullish is Native USDC for Cosmos?

    (53:42) The Liquid Staking Derivative (LSD) Narrative

    (1:02:34) Tech Layoffs & the Changing Employment Environment

    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

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    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    2023 Predictions: zkEVM disappoints, L2s vs Multichain, Wallet Wars Dec 30, 2022

    It's here, our 2023 predictions episode! We debate if the market's bottomed, CeFi vs DeFi market share dynamics, L2s vs a multichain future, Bitcoin's new narrative, the Wallet Wars, MEV as the primary business model and more. Sit back, relax and get ready for the team to drop some knowledge.

    - -

    Timestamps


    Introduction (00:00)

    Have Markets Bottomed? (02:20)

    What Projects Gain/Lose Market Share? (17:18)

    zkEVMs Disappoint (23:51)

    The Multichain Future Debate (26:38)

    Bitcoin’s Future (37:25)

    Visa & Mastercard Will Double Down on Crypto (39:54)

    Ava labs (43:55)

    The Wallet Wars (45:10)

    MEV & Payment for Order Flow (53:30)

    The Rise of Guilds (59:00)

    Tech Disruption (01:01:59)

    NFTs Become a Core Business Strategy (01:14:04)

    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Core, from Ava Labs, is more than just a wallet. It’s a free, non-custodial browser extension that gives Avalanche users a more seamless and secure Web3 experience. Download Core today at https://www.core.app/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    S2 Finale: The Next Evolution for DAOs Dec 27, 2022

    Season 2 | Finale


    In this episode of Bell Curve, we recap the best of Bell Curve Season 2. In Season 2 we explored the evolution of DAOs, asking what's worked, what needs to change, and where DAOs go from here.


    We break down every episode and our key learnings here. And don't miss the end, where we introduce the theme for Season 3!

    - -

    Timestamps:

    (00:00) Introduction

    (01:17) S2 Recap, Our Biggest Takeaways

    (41:30) Season 3 Preview: The App-Chain Thesis

    (43:31) Thanks to Avalanche and Reserve!

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:


    ENS website

    - -

    Reserve Protocol aims to protect consumers from the effects of high inflation and hopes to one day eradicate it.


    It's a self-service, permissionless factory where anyone can build, deploy and govern their own asset-backed stablecoins (RTokens), which can be integrated within DeFi and real-world commerce.


    The Reserve App is a user-friendly way for ordinary people to buy RSV stablecoin with their local currencies and use them locally. More info at https://reserve.org/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Visa Builds On Starkware, Yuga Labs Strategy, GBTC Disaster | Roundup Dec 23, 2022

    This episode of Bell Curve explores one of the most bullish signs during this bear: Visa is building on Starkware. Visa is the largest payment network in the world, and they just announced they are now building an automatic payments tool on Starkware's ZK-rollup technology. Tune in to find out why this is huge for the industry! We also cover Grayscale's GBTC disaster, how Yuga Labs is going all in on the metaverse and the concept of experiential loyalty. This is a fun one!

    - -

    Timestamps:

    (00:00) Introduction

    (02:03) Not $10B, $20B! Gary and Caroline Flip on SBF

    (07:41) Visa Proposes Automatic Payments Using Starknet

    (19:30) “Avalanche Ad”

    (20:44) Grayscale GBTC Tender Offer & Liquidity Reflexivity

    (30:43) Yuga Labs Hires Activision Blizzard President as CEO

    (40:18) Experiential Loyalty

    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

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    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:


    Vitalik on Account Abstraction

    https://notes.ethereum.org/@vbuterin/account_abstraction_roadmap

    - -

    Core, from Ava Labs, is more than just a wallet. It’s a free, non-custodial browser extension that gives Avalanche users a more seamless and secure Web3 experience. Download Core today at https://www.core.app/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Secret Behind ENS DAO's Success | Nick Johnson Dec 20, 2022

    In this episode of Bell Curve, Nick Johnson joins us to discuss his core insights from launching the ENS DAO. This is a behind-the-scenes look at when to launch a DAO, the challenges of decentralized management, token voting, DAO risks and building infrastructure as public goods. My favorite section? The challenges of token economic systems; Nick provides thoughtful insights I haven't heard anywhere else!

    - -

    Timestamps

    (00:00) Intro: Pre-Interview

    (02:25) History of the ENS DAO

    (06:27) Building Infrastructure as Public Goods

    (17:41) When is a Project Ready to be a DAO?

    (22:43) DAOs vs Centralized Governance

    (28:19) “Reserve Ad”

    (30:32) DAOs vs Centralized Governance

    (32:04) The Challenges of Token Economic Systems

    (37:53) Shifting the Overton Window

    (42:02) Has All Base Infrastructure Been Built?

    (44:38) Gaps in DAO Infrastructure & DAO Evolution

    (49:42) A DAO’s Biggest Risk

    (50:59) The Value of Community

    (54:36) Post-interview recap

    - -

    Follow Nick: https://twitter.com/nicksdjohnson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:


    ENS website

    https://app.ens-domains.io/

    - -

    Reserve Protocol aims to protect consumers from the effects of high inflation and hopes to one day eradicate it.


    It's a self-service, permissionless factory where anyone can build, deploy and govern their own asset-backed stablecoins (RTokens), which can be integrated within DeFi and real-world commerce.


    The Reserve App is a user-friendly way for ordinary people to buy RSV stablecoin with their local currencies and use them locally. More info at https://reserve.org/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    How to Value L1s, SBF Arrested & Tokenomics Debate | Roundup Dec 16, 2022

    This episode of Bell Curve explores the art of valuing L1 ecosystems. Should you look a protocols transaction fees vs inflation, # of developers, applications built on top or something else?

    We then discuss SBF's arrest, Sushi's fee proposal, the fixed token supply debate, 2023's outlook and more! My favorite segment? The fixed token supply debate - this is about to be a widely contested topic.

    - -

    Timestamps:

    (00:00) Introduction

    (03:33) Solana’s Outlook and Valuing L1s

    (13:39) SBF Arrested and Alameda’s Degen Gambling

    (30:15) Drama at The Block

    (31:56) “Avalanche Ad”

    (33:09) Drama at The Block

    (36:29) Sushi’s Fee Proposal & Fixed Token Supply Debate

    (46:43) Dividends and Buybacks

    (56:02) 2023 Outlook

    (1:03:55) A Gold and Bitcoin Thesis

    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:

    Vance's Tweet thread on the broken alt L1 thesis

    https://twitter.com/pythianism/status/1600895603512180737


    Sushi's protocol fee proposal

    https://forum.sushi.com/t/reinstated-increase-kanpai-treasury-allocation-to-100/11475


    Felix Zulauf

    https://www.felixzulauf.com/


    Jurrien Timmer tweet on BTC and Gold

    https://twitter.com/timmerfidelity/status/1559997086912942080?lang=en

    - -

    Core, from Ava Labs, is more than just a wallet. It’s a free, non-custodial browser extension that gives Avalanche users a more seamless and secure Web3 experience. Download Core today at https://www.core.app/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Crypto Trader's Mindset | 1000x Dec 15, 2022

    Blockworks just released a new podcast called 1000x! We're dropping the first episode here as we think you might want to add this podcast to the lineup. 1000x is a crypto markets podcast hosted by professional traders Avi Felman and Jonah Van Bourg that dives deep into the macro and micro factors that represent the lifeblood of digital money and web3.

    In this episode, Avi and Jonah discuss how to think like a crypto trader. They explore how today's market compares to the 2018 bear, where to look for opportunities, the investment landscape post-FTX and our top investing frameworks.

    A new 1000x episode will drop on Empire's RSS feed and the 1000x YouTube channel every two weeks.

    - -

    Timestamps:

    (00:00) Introduction

    (00:28) Why We Started 1000x

    (06:18) Today’s Market Compared To 2018

    (16:17) How To Think About Trading Markets

    (23:25) Market Structure Post-FTX

    (28:05) Managing Risks

    (36:30) Investing Frameworks

    (48:12) Crypto Is Here To Stay


    - -

    Follow Avi: https://twitter.com/AviFelman

    Follow Jonah: https://twitter.com/jvb_xyz

    Follow 1000x: https://twitter.com/1000xPod


    Subscribe on YouTube: https://bit.ly/3Fw083Z

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    Subscribe on Spotify: https://tinyurl.com/wbaypprw


    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Resources


    Golden Tree

    https://www.goldentree.com/


    Cumberland

    https://cumberland.io/


    Avi's psychology of a market tweet

    https://twitter.com/AviFelman/status/1595176484766883843

    - -

    Disclaimer: Nothing said on 1000x is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Avi, Jonah and our guests may hold positions in the companies, funds, or projects discussed.

    Token Value Capture: Moats, Growth and Protocol Fees | Chris Burniske, Fernando Martinelli Dec 13, 2022

    Season 2 | Episode 6


    In this episode of Bell Curve, Chris Burniske and Fernando Martinelli join us to discuss how to build sustainable, value-accruing protocols. We start with this simple question and dive deep into the mechanics behind token value accrual. The group discusses DAO capital allocation, evolving fee markets, the efficacy of airdrops, rewarding labor vs capital, the problem with a fixed token supply and more!

    - -

    Timestamps:

    (00:00) Intro: Pre-Interview

    (02:28) Balancer: Self-Sustaining Infrastructure

    (11:55) Hyperscaling

    (18:24) How Will Fee Markets Evolve?

    (31:58) Capital Allocation Decisions

    (40:48) “Reserve Ad”

    (43:12) Airdrops, Identity Solutions and Rewarding Labor

    (59:46) Pushback Against VCs & Insider Allocations

    (1:06:27) Moving Away From A Fixed Token Supply

    (1:12:13) Returning Capital To Token/Shareholders

    (1:16:51) Building Moats In Crypto

    (1:24:41) Recap: Post-Interview

    - -

    Follow Chris: https://twitter.com/cburniske

    Follow Fernando: https://twitter.com/fcmartinelli?lang=en

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:


    Placeholder

    https://www.placeholder.vc/


    Balancer

    https://balancer.fi/


    Dan's UNI-chain thread

    https://twitter.com/delitzer/status/1575497730343899136?lang=en


    Chris's tweet on VC preferential access

    https://twitter.com/cburniske/status/1602181852776878086


    The Original Sin

    https://www.placeholder.vc/blog/2021/4/1/the-original-sin

    - -

    Reserve Protocol aims to protect consumers from the effects of high inflation and hopes to one day eradicate it.


    It's a self-service, permissionless factory where anyone can build, deploy and govern their own asset-backed stablecoins (RTokens), which can be integrated within DeFi and real-world commerce.


    The Reserve App is a user-friendly way for ordinary people to buy RSV stablecoin with their local currencies and use them locally. More info at https://reserve.org/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Your Favorite L1 Was Overpriced | Roundup Dec 09, 2022

    This episode of Bell Curve explores Binance's proof-of-reserves controversy, Alameda's crazy venture portfolio, why Alt L1s were artificially overpriced, Maple Finance's $36M default and more!


    My favorite segment? Why the Alt L1 Thesis is fundamentally broken. Did SOL's mooning valuation (underpinned by FTX/SBF) lead to broken relative-value metrics for other L1s? Tune in to find out!

    - -

    Timestamps:

    (00:00) Introduction

    (02:19) Binance’s Proof of Reserves Controversy

    (14:18) Alameda’s Venture Portfolio

    (24:59) Why The Alt L1 Thesis Is Fundamentally Broken

    (33:25) “Avalanche Ad”

    (34:39) Expected Price Action In The Next Cycle

    (39:31) Apes vs Punks, Who Wins?

    (41:57) Maple Finance Borrower Defaults On $36M Loan

    (53:26) GPT Unlocks & Productivity Gains

    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:


    Jesse's tweet on proof-of-reserves

    https://twitter.com/jespow/status/1600787933065117696


    Alameda's venture portfolio

    https://twitter.com/JasonYanowitz/status/1600156389933973505


    Matt Walsh Twitter

    https://twitter.com/MattWalshInBos


    Vance's Tweet thread on the broken alt L1 thesis

    https://twitter.com/pythianism/status/1600895603512180737

    - -

    Core, from Ava Labs, is more than just a wallet. It’s a free, non-custodial browser extension that gives Avalanche users a more seamless and secure Web3 experience. Download Core today at https://www.core.app/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Cutting Edge: Experiments in DAO Governance | Julz Rosenberg, Charles St. Louis Dec 06, 2022

    Season 2 | Episode 5

    In this episode of Bell Curve, Julz Rosenberg and Charles St. Louis join us to discuss experiments in DAO governance and organizational structure. We start with the evolution of DAOs and the gradual transition from social to programmatic systems. We then explore the innovations in DAO governance, the tendency to over-index on decentralization, how to increase organization legibility and why community is overrated. This episode paints the picture of how DAOs will evolve next!

    - -

    Timestamps:

    (00:00) Intro: Pre-interview

    (02:46) The Purpose Of A DAO

    (12:36) A Shift From Socialware To Trustware

    (23:18) Bureaucracy Is The Killer Of Organizations

    (27:43) Element's Governance Experiments

    (35:52) “Reserve Ad”

    (38:05) DAOs In The Next Cycle

    (41:15) Is Governance A Liability?

    (46:59) Do We Over Index Decentralization?

    (52:12) Building Out Legibility

    (56:58) You Want A Cult, Not A Community

    (01:09:41) Recap: Post-interview

    - -

    Follow Julz: https://twitter.com/julzroze

    Follow Charles: https://twitter.com/charliestlouis

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:


    Scaling Trust in DAOs: Trustware vs Socialware

    https://orca.mirror.xyz/T70CmuhX95ubkw_JHOxSEy8d_EFeYXgtJnF13mPtaZE


    Convex and Concave Dispositions (Vitalik)

    https://vitalik.ca/general/2020/11/08/concave.html


    Life After Lifestyle

    https://subpixel.space/entries/life-after-lifestyle/


    Metropolis

    https://www.metropolis.space/


    ElementFi

    https://www.element.fi/

    - -

    Reserve Protocol aims to protect consumers from the effects of high inflation and hopes to one day eradicate it.


    It's a self-service, permissionless factory where anyone can build, deploy and govern their own asset-backed stablecoins (RTokens), which can be integrated within DeFi and real-world commerce.


    The Reserve App is a user-friendly way for ordinary people to buy RSV stablecoin with their local currencies and use them locally. More info at https://reserve.org/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    SBF's ruse, NFT market predictions & Coinbase takes on Apple | Roundup Dec 02, 2022

    This episode of Bell Curve explores SBF's New York Times interview and his grand attempt to manipulate the media. We discuss SBF's strategy, the likelihood of SBF jail time and what to expect next. We then discuss the state of crypto, where leverage will blow up next, OpenSea's shrinking market share, Coinbase vs Apple and more!

    - -

    Timestamps:

    (00:00) Introduction

    (01:36) SBF’s Grand Manipulation

    (28:15) “Avalanche Ad”

    (29:29) The Connection Between 3AC, DCG & Genesis

    (32:52) Banks Can’t Touch Crypto & Leverage In The Next Cycle

    (35:24) Uniswap’s NFT Marketplace & OpenSea’s [Negative] Outlook

    (42:32) Free-to-Own NFTs

    (47:27) Coinbase Takes On Apple

    (58:26) Are More Tech Layoffs Coming?

    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:


    3AC, DCG & Amazing Coincidences

    https://bit.ly/3UurZqO


    BlockFi/FTX/Alameda recursive loan tweet

    https://twitter.com/ayko2718/status/1597432454070956032


    Coinbase tweet on Apple

    https://twitter.com/CoinbaseWallet/status/1598354819735031809

    - -

    Core, from Ava Labs, is more than just a wallet. It’s a free, non-custodial browser extension that gives Avalanche users a more seamless and secure Web3 experience. Download Core today at https://www.core.app/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    DAO Treasury Management | Tarun Chitra Nov 29, 2022

    Season 2 | Episode 4

    In this episode of Bell Curve, Tarun Chitra joins us to discuss the hottest on-chain topic in crypto: DAO treasury management. Even in the bear market, DAOs have over $8.8B in treasury assets. However, these assets are primarily unused, misallocated and lack diversification. Tarun tells us how DAOs should approach the treasury allocation problem and how to hedge risks, create diversification and automate treasury functions. Treasury management will be front-and-center in 2023 - listen to this pod to stay ahead of the narrative!

    - -

    Timestamps:

    (00:00) Intro: Pre-Interview

    (02:51) Treasury Management 101

    (09:10) Intro to DAO Treasury Management

    (20:53) Transparency of Assets vs Liabilities

    (27:28) Hedging Risk

    (32:42) How DAO Treasury Management Works Today

    (36:38) “Reserve Ad”

    (38:51) How DAO Treasury Management Works Today

    (40:16) Solving The Allocation Problem

    (48:24) Unbundling The Investment Bank

    (52:54) Aera Finance

    (57:34) A Focus on Cash Flow vs Growth

    (01:01:35) Recap: Post-Interview

    - -

    Follow Tarun: https://twitter.com/tarunchitra

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:


    Gauntlet

    https://gauntlet.network/


    Aera Finance

    https://www.aera.finance/


    Musings On Governance (Reverie)

    https://www.reverie.ooo/post/musings-on-governance

    - -

    Reserve Protocol aims to protect consumers from the effects of high inflation and hopes to one day eradicate it.


    It's a self-service, permissionless factory where anyone can build, deploy and govern their own asset-backed stablecoins (RTokens), which can be integrated within DeFi and real-world commerce.


    The Reserve App is a user-friendly way for ordinary people to buy RSV stablecoin with their local currencies and use them locally. More info at https://reserve.org/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Genesis Balance Sheet Exposes DCG Empire | Roundup Nov 25, 2022

    This episode of Bell Curve explores Genesis' fallout and the knock on-effects for DCG. We discuss how we got here, the likelihood of bankruptcy, implications for Grayscale's GBTC trust and which dominos might fall next.

    We then discuss the bloodshed in the Bitcoin mining market, Bitcoin's changing narrative, token value accrual and why optimism always wins.

    --

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    - -

    Resources:


    I Pledge Allegiance with Hasu

    http://bit.ly/3F36jxm


    Elon x AOC chemistry

    https://twitter.com/mazemoore/status/1595305491156111361

    - -

    Core, from Ava Labs, is more than just a wallet. It’s a free, non-custodial browser extension that gives Avalanche users a more seamless and secure Web3 experience. Download Core today at https://www.core.app/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    How to Grow DAOs Organically | Mika Honkasalo, Shreyas Hariharan Nov 22, 2022

    Season 2 | Episode 3

    In this episode of Bell Curve, Mika Honkasalo and Shreyas Hariharan join us to discuss how to grow a DAO. We explore Coase's Theory of the Firm, the tradeoffs between immutability and efficiency, scalable governance frameworks and value creation vs capture. My favorite segment is "Is Your Protocol Easily Forkable?" - you won't want to miss it!

    - -

    Timestamps:

    (00:00) Intro: Pre-Interview

    (00:33) Coase's Theory of the Firm

    (07:29) Unique Properties of a DAO

    (15:01) Optimizing for Immutability vs Efficiency

    (24:16) MakerDAO vs Uniswap Governance Structure

    (28:08) “Reserve Ad”

    (30:22) MakerDAO vs Uniswap Governance Structure

    (36:21) Do DAOs Increase Transaction Costs?

    (39:02) Value Creation vs Value Capture

    (50:26) Is Your Protocol Easily Forkable?

    (54:05) DAO Decision Making

    (59:16) The Future of DAO Work

    - -

    Follow Mika: https://twitter.com/mhonkasalo

    Follow Shreyas: https://twitter.com/HelloShreyas

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:

    Coase in the 21st Century (Shreyas)

    http://bit.ly/3hRMujv


    Working In Public

    http://bit.ly/3GwysOA


    On Forking DeFi Protocols (Multicoin)

    https://multicoin.capital/2020/04/16/on-forking-defi-protocols/


    Mika's Substack

    https://mhonkasalo.substack.com/


    Shreyas' website

    https://shreyashariharan.com/


    llama.com

    https://llama.xyz/

    - -

    Reserve Protocol aims to protect consumers from the effects of high inflation and hopes to one day eradicate it.

    It's a self-service, permissionless factory where anyone can build, deploy and govern their own asset-backed stablecoins (RTokens), which can be integrated within DeFi and real-world commerce.

    The Reserve App is a user-friendly way for ordinary people to buy RSV stablecoin with their local currencies and use them locally. More info at https://reserve.org/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Truth Behind Alameda and FTX | Roundup Nov 18, 2022

    This episode of Bell Curve explores the myth of Alameda and how SBF's mismanagement led to FTX's collapse. We start with Alameda's transition from delta neutral to punting altcoins and the twisted relationship between Alameda and FTX. We then discuss the mainstream media's terrible coverage, Genesis' fallout and the regulatory outlook.


    We finish by asking the difficult question, "is this the bottom?". Tune in for what may be our best roundup yet!

    - -

    Timestamps:

    (00:00) Introduction

    (02:33) From Market Neutral To Punting Alt Coins

    (14:49) Alameda & FTX, A Twisted Relationship

    (26:30) “Avalanche Ad”

    (27:43) Mainstream Media Completely Botched It

    (43:13) The Downfall Of Genesis

    (57:20) Legislation In 2023

    (01:00:13) Are We Near The Bottom?

    (01:04:39) The Villain Power Ranking

    (01:08:30) Web2 Sentiment Update

    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:

    What happened at Alameda

    https://milkyeggs.com/?p=175


    New York Times on SBF

    http://bit.ly/3ElLZWq


    Ian Allison

    https://twitter.com/IanAllison123


    Chris Burniske

    https://twitter.com/cburniske

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    What DAOs Can Learn from Corporate Governance | Larry Sukernik, Derek Hsue Nov 15, 2022

    Season 2 | Episode 2

    In this episode of Bell Curve, we are joined by Larry Sukernik and Derek Hsue to discuss what DAOs can learn from corporate governance. Should DAOs optimize for token holders or users? How can DAOs scale while minimizing the principal-agent problem? Should DAOs be governed liked an established corporation or a startup? What about treasury management? Tune in to find out!

    - -

    Timestamps

    (00:00) Intro: Pre-Interview

    (01:56) “Reserve Ad”

    (02:15) DAO Governance Mental Models

    (11:05) The Public Goods Paradox

    (15:36) Optimising For Different Stakeholders

    (25:30) Protocol Delegates & The Principal-Agent Problem

    (37:19) “Reserve Ad”

    (39:32) Protocol Delegates & The Principal-Agent Problem

    (44:46) Reverie’s Orca Council Structure

    (49:40) The Ideal Governance Platform

    (53:25) Convex vs Concave Decisions

    (01:00:17) When DAO, When Not DAO

    (01:13:47) A DAOs #1 Challenge & Treasury Management

    (01:20:24) Outro

    - -

    Follow Larry: https://twitter.com/lsukernik

    Follow Derek: https://twitter.com/derek_hsue

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:

    Reverie

    https://www.reverie.ooo/


    Musings on Governance

    https://www.reverie.ooo/post/musings-on-governance

    Simple Sabotage Field Manual

    https://bit.ly/3A599z9


    Business-Governance Fit (Chris Ahn)

    https://station.mirror.xyz/xjAWfo9cqLDLTjU2eamDIvuK09QrawY1nk5MXaXmZT4

    DAOs Are Not Corporations (Vitalik)

    https://vitalik.ca/general/2022/09/20/daos.html


    I Pledge Allegiance (podcast)

    https://spoti.fi/3zRgYIF

    - -

    Reserve Protocol aims to protect consumers from the effects of high inflation and hopes to one day eradicate it.

    It's a self-service, permissionless factory where anyone can build, deploy and govern their own asset-backed stablecoins (RTokens), which can be integrated within DeFi and real-world commerce.

    The Reserve App is a user-friendly way for ordinary people to buy RSV stablecoin with their local currencies and use them locally. More info at https://reserve.org/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Why Binance Acquired FTX | Breaking News Nov 09, 2022

    Binance is officially acquiring FTX. I never thought I'd type those words. What just happened? How did FTX go from a market-leading exchange to near insolvency? Is there contagion risk, and how will regulators respond? Tune in to find out!

    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Santi: https://twitter.com/santiagoroel

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Empire: https://twitter.com/theempirepod


    Subscribe on YouTube: https://tinyurl.com/4fdhhb2j

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    Subscribe on Spotify: https://tinyurl.com/wbaypprw

    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Core, from Ava Labs, is more than just a wallet. It’s a free, non-custodial browser extension that gives Avalanche users a more seamless and secure Web3 experience. Download Core today at https://www.core.app/

    - -

    Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

    Business-Governance Fit Deep Dive | Hasu, Chris Ahn Nov 08, 2022

    Season 2 | Episode 1

    In this episode of Bell Curve, we are joined by Hasu and Chris Ahn for a deep dive into DAOs and business-governance fit. We explore the differences between L1 and application governance, the challenges of achieving scalability and resiliency, why Hasu won't work for another DAO, learnings from traditional corporate governance, token distribution failures, over-indexing on community and more!

    - -

    Timestamps

    (00:00) Intro: Pre-Interview

    (02:21) Defining Business-Governance Fit

    (09:34) Layer One Governance

    (14:15) Path Dependency & The Power Of Defaults

    (21:22) Why Hasu Won't Work For A DAO Again

    (27:15) DAO Decision Making & Finding Business Governance Fit

    (40:19) Progressive Decentralization, Instant Liquidity & Uphill Battles

    (47:37) Hasu’s MakerDAO Proposal Explained

    (54:25) Can DAOs Achieve Resiliency & Scalability?

    (01:03:23) Balancing Credible Neutrality

    (01:09:07) Can A DAO Structure Benefit Early Stage Companies?

    (01:17:20) Community Is Overrated

    (01:25:38) Coase's Theory Of The Firm

    (01:27:59) Is This Only About Censorship Resistance?

    (01:32:03) Recap: Post-Interview

    - -

    Follow Hasu: https://twitter.com/hasufl

    Follow Chris: https://twitter.com/ahnchrisj

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:

    Business-Governance Fit (Chris Ahn)

    https://station.mirror.xyz/xjAWfo9cqLDLTjU2eamDIvuK09QrawY1nk5MXaXmZT4

    Hasu's MakerDAO proposal

    https://bit.ly/3DFfzWD

    DAOs Are Not Corporations (Vitalik)

    https://vitalik.ca/general/2022/09/20/daos.html

    Convex and Concave Dispositions (Vitalik)

    https://vitalik.ca/general/2020/11/08/concave.html

    I Pledge Allegiance (podcast)

    https://spoti.fi/3zRgYIF

    - -

    Reserve Protocol aims to protect consumers from the effects of high inflation and hopes to one day eradicate it.

    It's a self-service, permissionless factory where anyone can build, deploy and govern their own asset-backed stablecoins (RTokens), which can be integrated within DeFi and real-world commerce.

    The Reserve App is a user-friendly way for ordinary people to buy RSV stablecoin with their local currencies and use them locally. More info at https://reserve.org/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Twitter & Coinbase Are Back, SOL At Your Own Risk | Roundup Nov 04, 2022

    This episode of Bell Curve starts with the most contentious topic of the week: Elon's $8 Twitter Blue subscription fee. What are the implications? Could this be a turning point for subscription-based media?

    We then explore the carnage happening in the private markets, Alameda's precarious balance sheet, Coinbase's earnings (bullish), J.P. Morgan's first DeFi trade, Instagram NFTs and more!

    - -

    Timestamps

    (00:00) Introduction

    (01:12) Lord Elon & Subscription-Based Media

    (20:02) Private Market Carnage, Down Rounds Are Coming

    (33:08) Alameda's Balance Sheet Is… Unexpected

    (48:25) J.P. Morgan Executes First Trade On Polygon

    (58:43) Coinbase's Q3 Earnings

    (01:10:04) Will Polygon Part Ways With Ethereum?

    (01:12:53) Instagram NFT Announcement

    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

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    - -

    Resources:

    Alameda's balance sheet breakdown

    https://twitter.com/tier10k/status/1587819512619044865


    Ty Lobban's tweet thread on the J.P. Morgan trade

    https://twitter.com/TyLobban/status/1587679344792829954

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The DAO Thesis, Finding Business-Governance Fit | Season 2 Pilot Nov 01, 2022

    Have DAOs failed? Can projects successfully democratize decision-making and capital allocation? What can DAOs learn from corporate governance? What is "business-governance fit" and how can we use this concept to design DAO frameworks?

    These are just a few of the questions we will explore in Season 2 of Bell Curve. In this Season 2 pilot episode, we describe our DAO thesis and give a sneak peek of what's coming next!

    - -

    Timestamps:

    (00:00) Introduction

    (01:29) Season 2’s Thesis: Finding Business-Governance Fit

    (25:29) Our Upcoming Guests

    (28:29) Outro

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:


    Business-Governance Fit (Chris Ahn)

    https://station.mirror.xyz/xjAWfo9cqLDLTjU2eamDIvuK09QrawY1nk5MXaXmZT4

    Progressive Decentralization (Variant Fund)

    https://variant.fund/articles/progressive-decentralization-a-playbook-for-building/

    DAOs Are Not Corporations (Vitalik)

    https://vitalik.ca/general/2022/09/20/daos.html

    - -

    Core, from Ava Labs, is more than just a wallet. It’s a free, non-custodial browser extension that gives Avalanche users a more seamless and secure Web3 experience. Download Core today at https://www.core.app/

    - -

    Reserve Protocol aims to protect consumers from the effects of high inflation and hopes to one day eradicate it.

    It's a self-service, permissionless factory where anyone can build, deploy and govern their own asset-backed stablecoins (RTokens), which can be integrated within DeFi and real-world commerce.

    The Reserve App is a user-friendly way for ordinary people to buy RSV stablecoin with their local currencies and use them locally. More info at https://reserve.org/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Apple Zucked Snapchat, BTC Miners Bankrupt & Reddit NFTs | Roundup Oct 28, 2022

    In this episode of Bell Curve, we discuss the bloodshed happening in big tech and the likelihood of multiple bankruptcies in the Bitcoin mining market. What happens next, and who will make it out on top? We then discuss Apple's new NFT policy, Reddit onboarding 3M+ users to crypto, why VC-backed chains could be in trouble and the future of DeFi regulation.

    - -

    Timestamps:

    (02:15) Snap & Facebook Wrecked, What’s Next?

    (22:37) Bitcoin Miners Eye Bankruptcy

    (34:50) Apple’s New NFT Policy? Bullish

    (40:57) Reddit Onboards 3M+ People To Crypto

    (47:26) VC Chains In Trouble?

    (57:08) SBF & DeFi Regulation

    (01:05:53) Elon & Twitter. Meant to be?

    (01:11:52) Outro

    - -

    Follow Vance: https://twitter.com/pythianism

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    - -

    Resources:


    Bitcoin treasuries

    https://bitcointreasuries.net/

    SBF's article on proposed crypto regulation

    https://www.ftxpolicy.com/posts/possible-digital-asset-industry-standards

    Elon walks into Twitter HQ with a sink

    https://twitter.com/elonmusk/status/1585341984679469056

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Is DeFi Ready For Fixed Rate Lending? | Season 1 Finale Oct 18, 2022

    In this Season 1 finale, Mike and Jason review the fixed-rate lending thesis and discuss their biggest takeaways. Will debt be a major component of DAOs going forward? Is the infrastructure in place to support this? What major innovations do we see coming next? Tune in to find out!

    P.S. Get ready for Season 2, coming out on November 2nd!

    - -

    Timestamps:

    (00:00) Introduction

    (01:43) Biggest Takeaways From Season 1

    (14:12) Innovation Is Coming

    (26:26) Season 2 Preview

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod

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    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

    Founder Fundraising Advice and Mango Markets | Roundup Oct 14, 2022

    In this episode of Bell Curve, we discuss the state of VC markets and fundraising 101. What should founders look out for when fundraising? Why do terms often matter more than valuation, and how should founders think about anti-dilution? We answer these questions and more in this fundraising segment.


    We then explore the current macro environment, the Mango exploit and dangers of oracle pricing, the upcoming midterms and reasons to be optimistic!

    - -

    Timestamps:

    (00:00) Introduction

    (01:05) VCs, Term Sheets & Fundraising

    (21:39) Finding Value Despite Inflation

    (31:16) Mango Exploit, Oracle Pricing & Risk Management

    Midterms, Regulation & Yuga Labs Investigation

    (44:36) Scaling Season

    (50:13) Why Be Optimistic?

    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

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    - -

    Resources:

    GCR "insider" tweet

    https://twitter.com/GCRClassic/status/1579837794675216384


    Alf CPI tweet

    https://twitter.com/MacroAlf/status/1580538848194330624


    The Macro Trading Floor podcast

    https://spoti.fi/3EGriXd

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    DeFi in the Next Bull Cycle | Stani Kulechov, Robert Leshner Oct 11, 2022

    Season 1 | Episode 7

    In this episode of Bell Curve, Jason and Dan are joined by Stani Kulechov & Robert Leshner, two of the best builders in crypto, to discuss DeFi's transformation and upcoming catalysts.

    We cover all of Season One's biggest topics, including CeFi's implosion, uncollateralized lending, fixed rates, duration debt, RWAs, staking yields and vertical app integration. We then cap the conversation with the question we all want to know: what will catalyze the next DeFi bull market? Trust me, it's worth the listen.

    - -

    Timestamps:

    (00:00) Introduction

    (04:23) A Structural Tailwind for all of DeFi

    (09:44) Uncollateralized vs Collateralized Lending

    (17:10) DAO Capital Markets

    (27:07) Fixed Rates & Long Duration Loans

    (36:46) How ETH’s Staking Yield Impacts DeFi

    (43:49) Bringing Off-Chain Assets to DeFi & Censorship Resistance

    (52:44) GHO, Protocol Specific Stablecoins & Vertical Integration

    (01:00:27) Compound Gateway, Cosmos & Cross-Chain Bridges

    (01:04:20) DeFi Summer 2.0?

    (01:17:39) The Permissioned DeFi Thesis

    (01:22:12) Post Interview

    - -

    Follow Stani: https://twitter.com/StaniKulechov

    Follow Rob: https://twitter.com/rleshner

    Follow Dan: https://twitter.com/smyyguy

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod

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    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

    Private Order Flow Is The New MEV | Weekly Roundup Oct 07, 2022

    In this episode of Bell Curve's Weekly Roundup, we discuss one area of the market many aren’t paying attention to, private order flow (POF). As well as POF, Sushiswap announced a new head chef, MakerDAO plans to invest $500M in US treasurys and many VCs are looking to gaming for the next big opportunity in crypto? To hear all this and more, you’ll have to tune in!

    --

    Timestamps:

    (00:00) Introduction

    (01:30) Sushiswap Brings In A New Head Chef

    (15:38) Uniswap & The App-Chain Thesis

    (28:15) Private Order Flow Is The New MEV

    (40:30) The Biggest Winners In MEV

    (43:00) Gaming: Crypto’s Biggest Opportunity

    (1:02:30) MakerDAO To Invest $500M in US Treasurys & Corporate Bonds

    --

    Follow Vance

    Follow Michael

    Follow Jason

    Follow Bell Curve

    --

    Referenced In The Show:

    SushiSwap ‘Head Chef’ Election Settled by GoldenTree, Cumberland https://blockworks.co/sushiswap-election-settled-by-goldentree-cumberland/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Who Are the Borrowers? | Ben Forman Oct 04, 2022

    Season 1 | Episode 6

    In this episode of Bell Curve, Jason and Mike are joined by Ben Forman, the founder of ParaFi, to discuss the demand for on-chain debt. We explore DeFi's capital markets, the massive opportunity of DAO-driven borrowing and the future of on-chain lending.

    What opportunities are created by programmable loans? Will DAOs issue debt to lower their cost of capital? Where will the demand come from? Tune in to learn these answers and more!

    - -

    Timestamps:

    (00:00) Introduction

    (03:15) What’s Missing in DeFi Capital Markets?

    (14:23) Programmable Loans & Debt Covenants

    (22:35) Ribbon DAO’s Bond Issuance

    (28:33) Permissioned Pools, DeFi’s TAM and CeFi Frontends

    (35:38) The ETH Staking Yield Opportunity & Securitizing MEV

    (41:37) On-Chain DAO Borrowing

    (44:36) Maker DAOs End Game, RWAs and Importing TradFi Yields

    (50:49) The Fixed Rate Debt Catalyst

    (56:57) Speculation and Borrowing Demand

    (01:07:17) Post Interview

    - -

    Follow Mike

    Follow Jason

    Follow Bell Curve

    Subscribe on YouTube

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    - -

    Resources:

    Ribbon's Bond Issuance

    Ben Forman's email

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

    ATOM 2.0, Reversible Transactions & Polygon's BD Game | Blockworks Research Sep 30, 2022

    In this episode of Bell Curve's Weekly Roundup, the Blockworks Research team takes over the pod! We start with a debate on the implications of ATOM 2.0 and USDC launching on Cosmos. Is ATOM no longer a meme coin? Does everything revolve around MEV? What opportunities does native USDC unlock for the Cosmos ecosystem?


    We then discuss the feasibility of reversible on-chain transactions, the next NFT catalyst and how Polygon is a relentless business development machine. Tune in for all of this and more! And don't worry - Jason, Mike, Vance and Michael will be back next week.

    - -

    Timestamps:

    (00:00 Introduction

    (01:15) ATOM 2.0 & USDC Cosmos Announcement

    (20:09) GMX MEV Opportunity Explained

    (23:33) Politicians Continue to Fight Crypto

    (26:37) Centre & USDC Dominance

    (29:45) Reversible Transactions

    (38:41) The Next NFT Catalyst

    (42:22) Polygon’s Business Development

    (47:39) Blockworks Research

    - -

    Follow Matt: https://twitter.com/MattFiebach

    Follow Dan: https://twitter.com/smyyguy

    Follow Sam: https://twitter.com/swmartin19

    Follow Garrett: https://twitter.com/G_C_Harp

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    - -

    Referenced in the show:


    Youssef Amrani's tweet on ATOM 2.0

    https://bit.ly/3RwU1Re


    Polka tweet on GMX MEV Opportunity

    https://bit.ly/3LRO2VR


    Blockworks Research Twitter

    https://twitter.com/blockworksres


    Blockworks Research Newsletter

    https://blockworks.co/newsletter/daily-debrief-by-blockworks-research/

    --

    Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    On-Chain Derivatives & Liquidity | Tristan Frizza, Uddhav Marwaha Sep 27, 2022

    Season 1 | Episode 5

    In this episode of Bell Curve, Jason and Mike are joined by Tristan Frizza (Zeta Markets) and Uddhav Marwaha (Friktion) to discuss the world of on-chain derivatives and liquidity. TradFi's derivatives market is magnitudes larger than spot, but on-chain derivatives are just getting started in crypto.

    Why does crypto need derivatives like options and perpetuals? What type of users will use these products? And why is it so challenging to build these products on-chain? Tune in to learn these answers and more!

    - -

    Timestamps:

    (00:00) Introduction

    (03:05) The State of DeFi Derivatives

    (05:58) Who Wants These Products?

    (07:43) The Major Challenges of On-Chain Derivatives

    (11:22) Building on Solana vs Other Chains

    (16:35) Market Maker Incentives, CLOBs and AMMs

    (22:55) Perps, Power Perps and Options

    (28:27) The Fixed-Rate, Uncollateralized Lending Unlock

    (36:21) High-Frequency Trading in TradFi and DeFi

    (42:31) How Big is the Market Opportunity?

    (46:52) Finding Product Market Fit

    (51:51) Post Interview Thoughts

    - -

    Follow Tristan: https://twitter.com/tristan0x?lang=en

    Follow Uddhav: https://twitter.com/degen_quant

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

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    - -

    Resources:

    Zee Prime's DeFi options article

    https://zeeprime.capital/a-lot-of-on-chain-options-but-few-to-exercise

    Paradigm gradual dutch auctions article

    https://www.paradigm.xyz/2022/04/gda

    Doug Colkitt on AMMs & CLOBS

    https://twitter.com/0xdoug/status/1565446246957023234

    Zeta Markets

    https://www.zeta.markets/

    Friktion

    https://friktion.fi/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

    FOMC Down Only, Gaming Mega Thesis, Stablecoin Bill | Roundup Sep 23, 2022

    In this episode of Bell Curve, we introduce the gaming mega thesis. Markets are an absolute mess, 99% of tokens won't hit their ATHs again, most old narratives will die, and the market is begging for a new catalyst. Could gaming be the catalyst we all need? Tune in to find out.


    We then discuss the newly proposed stablecoin regulation, the merits of protocol-specific stablecoins, the $160 Wintermute hack, why most DAO governance fails and more. We keep it spicy, brief and fun - what else could you want?

    - -

    Timestamps:

    (00:00) Introduction

    (01:12) A Macro Mess & San Francisco's Turnaround?

    (06:49) Why 99% of Tokens Are F*cked

    (17:49) The Gaming Mega Thesis

    (32:58) Modular Infrastructure

    (36:11) Stablecoin Regulation

    (43:45) Protocol Specific Stablecoins

    (49:32) GMX “Exploit” & Oracle Based Pricing

    (55:42) $160M Wintermute Hack

    (01:02:52) Vitalik & DAO Governance

    (01:10:57) Meme of the Week


    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

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    - -

    Resources:

    San Francisco real estate crash

    https://bit.ly/3DQfDEL

    Gabriel Leydon podcast on crypto gaming

    https://spoti.fi/3SlxoQi

    Chris Dixon's article on crypto network affects

    https://bit.ly/3xL1dSJ

    Vitalik's DAO governance article

    https://vitalik.ca/general/2022/09/20/daos.html

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    Uncollateralized Lending: DeFi’s Next Big Evolution | Sid Powell, Teddy Woodward Sep 20, 2022

    Season 1 | Episode 4

    In this episode of Bell Curve, Jason and Mike are joined by Sid Powell (Maple Finance) and Teddy Woodward (Notional) to discuss the opportunity and complexity of on-chain uncollateralized lending.


    We also explore the need for hyper-efficient capital, the importance of fixed rates in a low-margin environment, financing RWAs, on-chain credit scores and more!

    - -

    Timestamps:

    (00:00) Introduction

    (02:27) On-Chain Uncollateralized Lending

    (16:52) DAO Borrowers

    (27:54) Finding Product Market Fit

    (34:36) Changing Interest Rate Environments

    (38:24) Financing RWAs

    (43:07) Fixed Rate Demand, Why Now?

    (56:04) Projections for the Next 2-3 Years

    (01:04:38) Debt-Driven Market Bubbles

    (01:11:39) On-Chain Credit Scores

    - -

    Follow Sid: https://twitter.com/syrupsid

    Follow Teddy: https://twitter.com/teddywoodward

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:


    Standard Oil Part I podcast

    https://www.acquired.fm/episodes/standard-oil-part-i


    Notional

    https://www.notional.finance/


    Maple Finance

    https://www.maple.finance/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

    ESG ETH, Cosmos Hype & Starbucks NFTs | Roundup Sep 16, 2022

    In this episode of Bell Curve, we debate what the merge means for ETH long-term, why ESG ETH is a prime selling point and the PoS vs PoW debate. We then discuss the Cosmos thesis, MEV frameworks, the return of CeDeFi, why your NFT is not equity and more.

    As usual, this episode is packed full of alpha and spicy takes.

    - -

    Timestamps

    (00:00) Intro

    (02:01) The Merge, ESG ETH & PoS vs PoW Debate

    (16:37) Cosmos Thesis, Aggregation and Gaming

    (28:20) Blockchain Monetization & MEV Frameworks

    (38:14) Compound Treasury, Bringing Institutional Fire Power to DeFi

    (44:35) CeDeFi is Back & Tokenized Treasuries

    (52:35) Fidelity Bitcoin Announcement & Evaluating New Projects

    (1:00:01) Starbucks NFTs, Open Systems & Product Customer Mismatches

    (1:11:43) Memes of the Week

    (1:16:48) Doodles $704M Valuation & NFTs Aren't Equity


    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

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    - -

    Resources:

    Delphi Cosmos Report

    https://members.delphidigital.io/reports/finding-a-home-for-labs


    SBF tweet thread on Coinbase earnings

    https://twitter.com/SBF_FTX/status/1458205105124257793


    Brian Armstrong's tweet on Coinbase's new politician feature

    https://twitter.com/brian_armstrong/status/1570133078022160384?


    CoinShares' MakerDAO proposal

    https://forum.makerdao.com/t/mip86-coinshares-usdc-institutional-rewards/17900


    Compound Treasury announcement

    https://bit.ly/3QOZTVs


    Ledger meets Cobie tweet

    https://twitter.com/ledgerstatus/status/1570450674902568960?


    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Fixed Rate Lending Unlock | Simon Jones, Allan Niemerg Sep 13, 2022

    In this episode of Bell Curve, Jason and Mike are joined by Simon Jones (Voltz Labs) and Allan Niemerg (Yield Protocol) to explore the new use cases that fixed-rate lending and interest rate swaps bring to DeFi.

    We also discuss how crypto is structurally variable, why financial markets need interest rate swaps, DeFi's base rate, DAO-to-DAO undercollateralized lending and much more!

    - -

    Timestamps


    (00:00) Intro

    (02:49) DeFi is structurally variable

    (10:54) The ETH base rate & a DeFi native yield curve

    (14:52) Interest rate swaps: 3 primary use cases

    (19:17) DeFi use cases & undercollateralized lending

    (30:24) Why are fixed rate markets in DeFi so small?

    (42:36) A crypto-based sovereign debt market

    (46:52) Will yield come from IRL assets or crypto-native sources?

    (51:45) Fixed rates may catalyze the next bull cycle

    (59:47) Post interview: takeaways


    - -

    Follow Simon: https://twitter.com/0xSimonJones

    Follow Allan: https://twitter.com/niemerg

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Resources:

    Yield Protocol

    https://yieldprotocol.com/


    Voltz Protocol

    https://www.voltz.xyz/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

    Merge Chaos, Coinbase’s Proposal & On-Chain IP | Roundup Sep 09, 2022

    In this episode of Bell Curve, we discuss the upcoming merge and why ETH PoW may be a letdown for you degens. We also debate real vs nominal yields in crypto, the merits of the Coinbase MakerDAO deal, BUSD and the exchange race, on-chain IP and more.

    As usual, this episode is packed full of alpha and spicy takes.

    - -

    (00:00) Introduction

    (00:40) ETH Merge Chaos

    (13:02) Real Yield & Structural Flows

    (26:00) Coinbase/MakerDAO Proposal

    (38:02) DAI, USDC and Crypto’s Regulatory Future

    (53:15) BUSD Announcement & the Big 3 Exchanges

    (1:07:50) Sorare, SudoSwap and On-Chain IP

    (1:15:10) Meme of the Week


    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

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    - -

    Resources:


    Acquired podcast on Standard Oil

    https://www.acquired.fm/episodes/standard-oil-part-i


    SBF tweet thread on Coinbase earnings

    https://twitter.com/SBF_FTX/status/1458205105124257793

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    The Makings of a DeFi Credit Boom | Tushar Jain Sep 06, 2022

    In this episode of Bell Curve, Jason and Mike are joined by Tushar Jain from Multicoin Capital to discuss how fixed-rate lending, interest rate swaps and financial derivatives could be the catalyst for the next DeFi bull market.

    We also explore the limits of undercollateralized lending, DAO capital markets, new token distribution models and more!

    - -

    Timestamps

    (00:00) Intro

    (04:32) Interest rate swaps & fixed rate demand

    (15:01) Undercollateralized lending & DAO capital markets

    (21:20) Yield Curves, perps, and dated futures

    (30:35) New token distribution mechanisms

    (37:02) Proof of Useful Work

    (42:46) Solana Phone

    (46:34) Will debt markets catalyze the next bull?

    (50:05) Protocol-specific stablecoins

    (52:47) Post interview: takeaways

    - -

    Follow Tushar: https://twitter.com/TusharJain_

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    - -

    Resources:


    Multicoin article on DeFi interest rate markets

    https://multicoin.capital/2021/10/06/exploring-the-opportunity-for-defi-interest-rate-markets/


    Multicoin article on proof of physical work

    https://multicoin.capital/2022/04/05/proof-of-physical-work/

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

    L1 Death Race, L2 Summer & Maker’s End Game | Roundup Sep 02, 2022

    In this episode of Bell Curve, we debate the future of L1s and the new projects hitting the crypto scene. Has the window closed for a new competitor? Or will the hot ball of money find new, niche projects that don't have the tech debt of the L1 dinos?


    We also explore the future of CLOBs vs AMMs, the potential rollup future, Maker DAO's end game and a few of our favorite memes.

    - -

    Timestamps:

    (00:00) Intro

    (01:16) DXY strong & macro

    (05:39) L1 majors performance review

    (08:38) Avalanche lawsuit

    (17:08) DeFi’s pitiful performance vs ETH

    (21:08) New L1s, do they have a chance?

    (31:19) Are CLOBs the future?

    (35:59) Arbitrum Nitro & the Rollup thesis

    (45:47) MakerDAO’s end game & the future of OG DeFi

    (1:05:17) Aave update & Michael Saylor tax evasion

    (01:10:28) Tweet of the week, memes and more

    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    - -

    Resources:


    Avalanche Allegations

    https://cryptoleaks.info/case-no-3


    Rune's "free float" DAI post

    https://bit.ly/3RskrDL

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

    CeFi Is Dead, Long Live DeFi | Vance Spencer & Michael Anderson Aug 30, 2022

    Season 1 | Episode 1

    In this episode of Bell Curve, Jason and Mike are joined by Vance Spencer and Michael Anderson from Framework Ventures to discuss the next era of DeFi. We discuss the core advantages of DeFi over CeFi, the state of crypto's derivatives market, DeFi yields, DAO capital markets and what to expect in the next bull cycle.

    - -

    Timestamps:

    (00:00) Intro

    (02:12) CeFi’s Epic Implosion

    (15:57) How Leverage Works in DeFi vs CeFi

    (22:11) DeFi Options and Derivatives

    (27:06) DeFi’s 4 Main Advantages Over CeFi

    (32:10) Who Are the Borrowers That Will Fuel the Credit Boom?

    (36:06) Crypto’s Risk-Free Rate & New Innovations

    (51:56) DAO Capital Markets

    (54:18) What Should We Expect Next Cycle?

    (01:01:04) Post Interview: Takeaways

    - -

    Follow Vance: https://twitter.com/pythianism

    Follow Michael: https://twitter.com/im_manderson

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH


    - -

    Resources:

    Perpetual Futures

    https://en.wikipedia.org/wiki/Perpetual_futures

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

    The DeFi Credit Boom | Season One Pilot Aug 30, 2022

    Season one of Bell Curve revolves around our DeFi credit boom thesis. Simply put, CeFi's implosion will create a DeFi credit boom that will bring new users and fixed-rate lending markets to DeFi.


    What products will be created? Who will be the users of these products? Where will capital flow first?


    These are a few of the questions we'll explore as we put our thesis to the test. Join Jason and Mike in this season one pilot episode, where we provide context for our thesis and explain what you should expect in the upcoming episodes.


    If you consider yourself a curious degen, builder or investor: this show is for you.

    - -

    Follow Mike: https://twitter.com/MikeIppolito_

    Follow Jason: https://twitter.com/JasonYanowitz

    Follow Bell Curve: https://twitter.com/thebellcurvepod


    Subscribe on YouTube: https://bit.ly/3R1D1D9

    Subscribe on Apple: https://apple.co/3pQTfmD

    Subscribe on Spotify: https://spoti.fi/3cpKZXH

    - -

    Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

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