Dan Elitzer, investor at IDEO CoLab Ventures, describes an idea he describes as superfluid collateral made attainable within the decentralized finance area. We discuss which DeFi tasks make this attainable, how one could make collateral liquid in order that curiosity could be earned from it, and what sorts of tokens may each function debt and earn curiosity. (Surprisingly, even buying and selling pairs, significantly on the Uniswap decentralized alternate, which exist as tokens, can accomplish that!) Primarily based on the expansion of Uniswap and DeFi, there’s greater than $300 million in collateral on Ethereum, inflicting Dan to make a prediction that Uniswap pool shares may function collateral for thousands and thousands of {dollars} in loans inside months. Nevertheless, he admits that such a system might be dangerous, and discusses how he thinks such dangers ought to be managed.

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CipherTrace: http://ciphertrace.com/unconfirmed

Episode hyperlinks:

Dan Elitzer: https://twitter.com/delitzer

IDEO CoLab Ventures: https://www.ideocolab.com/ventures/

Dan’s Medium publish, Superfluid Collateral in Open Finance: https://tokeneconomy.co/superfluid-collateral-in-open-finance-8c3db15efac

MakerDAO interview Half 1: https://unchainedpodcast.com/rune-christensen-of-makerdao-part-1-how-to-keep-a-crypto-collateralized-stablecoin-afloat/

MakerDAO interview Half 2: https://unchainedpodcast.com/rune-christensen-of-makerdao-part-2-how-dai-stayed-at-1-while-eth-crashed-from-1400-to-85/

Unchained interview about Compound: https://unchainedpodcast.com/how-youll-earn-interest-on-your-crypto-with-compound-ep-82/

Unchained interview about Dharma protocol: https://unchainedpodcast.com/nadav-hollander-on-how-dharma-could-create-new-forms-of-debt-ep-80/

Unchained interview about 0x: https://unchainedpodcast.com/will-warren-of-0x-on-why-decentralized-exchanges-are-the-future/

Uniswap: https://uniswap.io



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