Dinero's ipxETH as Insitutional DeFi w/ @0xSami
Leviathan News1 Elo 2024

Dinero's ipxETH as Insitutional DeFi w/ @0xSami

Dinero (formerly Redacted) has unveiled ipxETH, an institutional-grade Ethereum liquid staking product developed in partnership with Nomura's Laser Digital and Galaxy Digital. ipxETH is designed to provide accredited investors and institutions access to Ethereum staking yields using Dinero’s on-chain suite of products while adhering to strict compliance standards.

0xSami, Dinero's founder, explained the significance of this collaboration: "We realized very early on... as we tried to appeal to this new set of users coming in to crypto as a whole... it's all about trust. And if we were to just build ipxETH by ourselves... I don't think we would have been able to get the traction we did."

ipxETH builds upon Dinero's existing Pirex ETH system, which uses a unique two-token model for Ethereum liquid staking first popularized by Frax. This model, consisting of pxETH and apxETH, offers users flexibility while maximizing yield-earning opportunities for their ETH.

pxETH functions as a redeemable wrapper for ETH, maintaining a 1:1 peg to ETH's price. It allows holders to pursue various DeFi opportunities such as providing liquidity across multiple DEXes, borrowing, and lending. apxETH, on the other hand, is an ERC-4626 vault share that users receive when staking their pxETH, offering boosted ETH staking yields.

The institutional version, ipxETH is essentially a wrapper for apxETH that employs segregated infrastructure to keep institutional funds separate from retail deposits, addressing key regulatory concerns. As 0xSami, Dinero's founder, explained: "When it comes into ipxETH... We're stacking up until we get to 32 ETH to spin up a validator. Whereas with deposits from the KYC address, we're stacking up... on a separate tally, to create the validator."

This is the first institutional grade DeFi product and we can’t deny the future significance of what Dinero has built for future unlocking of institutional capital for the Ethereum staking ecosystem. With its compliance-focused approach, competitive yield potential, and the ability to incorporate advanced features like restaking, ipxETH is setting a high standard for our entire industry.

Dinero’s new product is just one of many new TradFi crypto products released this year, the biggest being the recently launched Ethereum ETFs. Staking is not allowed yet for these products, but its assumed it will be added in the future.

0xSami expressed confidence in the face of potential competition from Ethereum ETFs adding staking capabilities: "If staked Ethereum is deemed compliant enough to be a part of the ETF, then I think we're in the best position we've ever been because we've just proven that ipxETH is the only institutional grade LSD on the market right now that's working with big names."

As the liquid staking derivatives (LSD) market becomes increasingly crowded, Dinero's approach with ipxETH sets it apart. They aren’t implementing new points systems chasing the meta or making wild claims about the future returns from restaking. The product's ability to offer institutional-grade compliance while maintaining the benefits of DeFi yields positions it uniquely in the market.

As crypto evolves from its roots as a fringe, gray market technology to a global financial powerhouse, products like ipxETH are at the forefront of this transformation. The days of regulatory arbitrage and operating in the shadows are giving way to a new era of institutional adoption and mainstream acceptance.

ipxETH bridges the gap between the wild west of early DeFi and the regulated world of traditional finance. As 0xSami noted, "We've been able to prove now that [ipxETH] could be used in a variety of different applications."

This adaptability and compliance-focused design could set a new standard for the industry.

As crypto continues its journey from the fringes to the heart of global finance, projects like ipxETH are not just participating in this evolution – they're actively shaping it, paving the way for a future where decentralized and traditional finance seamlessly coexist.


Jaksot(397)

Aave's Ambitious 2030 Plan w/ Stani Kulechov and Emilio Frangella

Aave's Ambitious 2030 Plan w/ Stani Kulechov and Emilio Frangella

In this expansive episode of Leviathan News, hosts dive into the ambitious future plans for Aave, one of the leading DeFi platforms. Special guests Stani and Emilio from Aave Labs discuss the rollout of Aave 2030 and the development of Aave V4, highlighting how these initiatives aim to innovate and expand the platform's capabilities. The conversation explores Aave's growth, its strategic focus on institutional adoption, integration with real-world assets (RWAs), and the potential for cross-chain liquidity. Emilio sheds light on the evolution of Aave's interest rate models, emphasizing the move towards more predictive and efficient mechanisms. Stani elaborates on Aave's vision for becoming a fundamental part of the financial infrastructure, accessible to all, implying how DeFi might influence the future of finance. This episode offers a deep dive into the technical advancements and strategic decisions shaping Aave's future and the broader DeFi ecosystem. 00:00 Welcome to Leviathan News: A Dive into DeFi's Future 00:48 Introducing Aave's Ambitious Plans: Aave 2030 and V4 01:50 Aave's Evolution: From V3 to V4 and Beyond 05:26 The Dominance of Aave in the DeFi Space 06:33 Innovation and Competition: Aave's Strategy for Growth 08:55 Aave's Market Structure and Response to DeFi Challenges 11:46 Exploring Aave 2030 and V4: A New Era for DeFi 22:30 The Technical Vision Behind Aave V4 and Aave Chain 33:22 Building Aave Network: Challenges and Opportunities 39:58 The Role of Go in Aave's Future 40:59 Exploring the Scalability of Go Stablecoin 42:19 The Future of Go: Diverse Generation Mechanisms 44:56 Anticipating the Impact of Aave V4 on Go 47:25 Innovating with Fuzzy Controlled Interest Rates 56:31 The Evolution of Aave: From Lend to Leading DeFi 58:39 Institutional Adoption and the Future of DeFi 01:03:48 The Potential of Bitcoin and Wrapped Assets in DeFi 01:11:47 Envisioning Aave's Role in the Future of Finance

16 Touko 20241h 14min

Leviathan Livestream! Dan From Rysk

Leviathan Livestream! Dan From Rysk

16 Touko 202443min

Llama Party feat. EYWA

Llama Party feat. EYWA

This extensive interview features Faraj, a co-founder of EYWA, discussing their innovative approach to decentralized cross-chain bridge technology and their journey within the DeFi ecosystem. Starting with EYWA origins and development after a hackathon in 2021, to raising a significant seed round amidst the crypto winter and refining their technology to enhance security and efficiency across blockchains. Faraj delves into EYWA consensus bridge idea, designed to mitigate risks by allowing transactions to be secured by multiple bridges simultaneously, representing a new paradigm in cross-chain communication security. Additionally, the discussion goes into EYWA governance, tokenomics, and the potential for revolutionizing liquidity and asset management in DeFi. The episode also examines EYWA strategic choice of Phantom as their hub chain, despite some market fluctuations, appreciating its technical merits and DeFi-friendly environment. The show wraps up with an invitation to the audience to engage with EYWA, participate in airdrops, and explore partnerships, highlighting upcoming appearances at blockchain events. 00:00 Welcome and Introduction to Today's Special Guest 00:18 Discovering Eywa: The Genesis of a Futuristic Protocol 00:53 Deep Dive into Eywa's Vision and Technology 02:40 The Inspiration Behind Eywa's Name and Mission 04:43 Ewa's Funding Journey and the Crypto Winter Challenge 09:17 Building on Curve: Strategy, Challenges, and Innovations 12:29 Cross-Chain Liquidity and the Future of DeFi with Eywa 19:20 Ewa's Integration with Curve: Technical Insights and Future Plans 33:58 Ewa's Achievements and Future Aspirations 40:00 Showcasing CurveX at Paris Blockchain Week 40:52 Defending DeFi's Potential in Finance 42:15 The Power of Open Source in DeFi 44:00 Tim Draper's Influence and Vision for Bitcoin 47:52 Building a More Secure DeFi Ecosystem 49:37 Cross-Chain Solutions and Consensus Bridges 55:10 The Future of Eywa and Cross-Chain DeFi 59:30 Exploring Phantom's Unique Position in DeFi 01:05:12 Target Audience and Use Cases for Eywa 01:11:25 Closing Remarks and Future Engagements

10 Touko 20241h 15min

Umami DAO Branches out to Bonsai

Umami DAO Branches out to Bonsai

Navigating DeFi Landscapes: A Transition from Umami to Bonsai DAO This comprehensive conversation touches upon personal experiences and major developments within the DeFi space, including fond recollections of vacations, reflections on recent sports events, and a detailed discussion on the aftermath of the Luna collapse, its impact on personal investments, and the broader DeFi community. Clones Cody joins as today's guest, sharing insights into the DeFi advisory landscape, the evolution of Umami DAO, and its strategic rebranding to Bonsai DAO. The dialogue traverses through the intricacies of launching innovative DeFi projects, the transition strategy from Umami to Bonsai, and the future ambitions of the newly branded DAO. It dives deep into the technical and conceptual frameworks behind their upcoming projects, emphasizing permissionless lending and smart account functionalities. Listeners are offered a peek into the successes and ongoing plans of Umami and Bonsai DAO, underscoring community engagement, upcoming product developments, and the importance of evolving tokenomics to sustain growth and interest within the DeFi ecosystem. 00:00 Kicking Off with Casual Banter and Updates 01:08 Introducing Today's Guest and the Main Discussion Topics 01:43 Reflecting on the Luna Collapse Anniversary and Personal Crypto Journeys 03:41 Deep Dive into the Terraform Labs Saga and Do Kwon's Legal Troubles 06:51 Exploring the Impact of Luna's Collapse on DeFi and Abracadabra's Survival 12:17 FTX's Collapse and the Aftermath: Legal and Financial Repercussions 16:28 The Mysterious Case of Sam Trabucco and FTX's Unresolved Mysteries 20:48 Crypto's Partisan Divide and Regulatory Challenges in the US 22:00 Crypto for Everyone: A Warm Welcome 22:17 Reflecting on Terra Luna's Anniversary 22:48 The Aftermath of Terra Luna and Market Reflections 24:07 Moving Forward: The Introduction of ETFs and Market Recovery 25:15 Umami DAO's Evolution and Bonsai MetaDAO Introduction 27:39 Innovations in Yield Generation and DeFi Strategies 30:45 Expanding the Ecosystem: New Projects and Directions 33:12 Adopting a Venture Studio Model for DAOs 39:18 The Aladdin DAO Experience: Lessons and Insights 49:38 Umami to Bonsai: Migration Process and Future Plans

9 Touko 202453min

draper, Crypto's Shadowy Super Marketer

draper, Crypto's Shadowy Super Marketer

We're joined by draper - probably the best marketer in the space (ok, just DAdvisoor's opinion) - to talk about marketing in general, in the crypto space, and what defi studio MOM is up to with Yearn, Ajna and other projects they're building.

9 Touko 20241h 19min

A New Product By Asymmetry?! ("Highest Yield, Most Liquid")

A New Product By Asymmetry?! ("Highest Yield, Most Liquid")

The Asymmetry Finance team join us to discuss their new product launch - afCVX! Hannah and Justin From Asymmetry and Kmets and Cryptovestor from Aladdin DAO and Clever join DAdvisoor to talk about tis new product, harnessing the power of Clever at the use of Asymmetry's new product - afCVX

8 Touko 202452min

Llama Party feat. Alan of Railgun

Llama Party feat. Alan of Railgun

Curve Cap and DAdvisoor are joined by Alan of Railgun to discuss the importance of privacy and it being a right we should remember to keep, and how to try doing so.

8 Touko 20241h 21min

Onchain Options and Lyra v2 with α-cen

Onchain Options and Lyra v2 with α-cen

α-cen from Lyra is on to discuss options in general, onchain options and what new features and possibilities the new Lyra v2 brings to the table.

7 Touko 20241h 40min

Suosittua kategoriassa Politiikka ja uutiset

rss-ootsa-kuullut-tasta
aikalisa
tervo-halme
ootsa-kuullut-tasta-2
politiikan-puskaradio
rss-podme-livebox
otetaan-yhdet
rss-vaalirankkurit-podcast
the-ulkopolitist
et-sa-noin-voi-sanoo-esittaa
rikosmyytit
rss-raha-talous-ja-politiikka
rss-pallo-keskelle-2
viisupodi
rss-suomen-lehdiston-podcast
rss-kaikki-uusiksi
rss-hyvaa-huomenta-bryssel
rss-merja-mahkan-rahat
rss-se-avun-kysymyspodcast
rss-tasta-on-kyse-ivan-puopolo-verkkouutiset