Tom Lombardi: Catalyzing DeFi & The Beauty of Incentive Systems

Tom Lombardi: Catalyzing DeFi & The Beauty of Incentive Systems

The Delphi Podcast co-host and co-founder of Delphi Digital, Kevin Kelly, sits down with Tom Lombardi, Managing Director at 3iQ and adjunct professor of Finance at Pepperdine University, to get his take on several important trends in crypto and markets. The two discuss a wide array of topic areas ranging from the rise of DeFi and its growing popularity among institutional investors to the evolution of liquidity mining programs and how proper token incentives can better align stakeholders to create more valuable products than their centralized counterparts.

We would like to thank our sponsors for making this podcast possible.

Cosmos: Cosmos is on a mission, link one million blockchains. Name brand projects like Terra, Band, Kava, and Secret use Cosmos and the Cosmos Hub to connect to every other chain in our network. Learn more at cosmos.network.

Kava: With a proven track record of delivering successful projects safely, the Kava Platform is DeFi’s most trusted, scalable and secure institutional grade cross-chain engine. Learn more at kava.io.

Celo: Celo is a mobile-first platform that makes financial dApps and crypto payments accessible to anyone with a mobile phone. Celo supports over 1000 projects who are everyday building applications and issuing digital currencies from 100+ countries around the world. Learn more at Celo.org.

Every Delphi Podcast is dropped first as an audio interview for Delphi Digital Subscribers. Our members also have access to full interview transcripts. Join today to get our interviews, first.

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Show Notes:

(03:32) – Updates from Tom.

(03:56) – Iron Finance stablecoin debacle.

(08:03) – dYdX’s promotion / thoughts on the incentives and leverage in crypto.

(12:35) – Thoughts on Uniswap’s AMM model.

(16:58) – Tom’s thoughts on incentives – right or wrong?

(20:03) – Token models and incentives.

(24:44) – Tom’s thoughts on global adoption.

(30:58) – What institutional investors really care about.

(37:56) – Uneducated narratives against crypto.

(48:34) – Tom’s students versus institutional investors.

(01:02:13) – Tom’s thoughts on NFTs.

(01:06:38) – Thoughts on current developments and the future of crypto.

(01:15:42) – Where to find Tom and 3iQ.

Resources:

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Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host may personally own tokens that are mentioned on the pod

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The Future of Crypto Insurance With Hugh Karp and Robert Forster

The Future of Crypto Insurance With Hugh Karp and Robert Forster

Hugh Karp⁠, Founder and CEO of Nexus Mutual, and Robert Forster, executive director of Ease, join to discuss the future of Crypto Insurance. With billions in hacks and new code released every day, insurance will be crucial for the future of Crypto. We talk about why crypto insurance hasn't taken off, how insurance should be priced, the risks of insurance, and more. Social Links ⁠Hugh Karp ⁠Rober Forster ⁠Host Tommy Shaughnessy⁠ Follow Delphi Digital Website: ⁠https://members.delphidigital.io/home⁠ Twitter: ⁠https://twitter.com/Delphi_Digital⁠ Youtube: ⁠https://www.youtube.com/@Delphi_Digital⁠ Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token. Delphi’s transparency page can be viewed ⁠here⁠.

12 Apr 202357min

 Sreeram Kannan: EigenLayer Is Expanding ETH’s Security to Bootstrap Future Use Cases

Sreeram Kannan: EigenLayer Is Expanding ETH’s Security to Bootstrap Future Use Cases

Sreeram Kannan, Founder of EigenLayer, joins this episode to talk about the innovative power that EigenLayer is bringing to Ethereum. In this episode we discuss EigenLayer’s data availability layer for ETH L2s to roll down to, which saves costs and solves congestion issues and EigenLayer’s re-staking layer which allows ETH stakers to opt in to support new use cases, earning more yield while accepting more slashing conditions, instead of apps having to roll their own security.  Sreeram is extremely smart (his academic papers ⁠here⁠), I learned a ton during this episode and I hope you do as well. Please share your thoughts and favorite parts of the episode with us on Twitter. Social Links EigenLayer Sreeram Kannan Host Tommy Shaughnessy Follow Delphi Digital Website: https://members.delphidigital.io/home Twitter: https://twitter.com/Delphi_Digital Youtube: https://www.youtube.com/@Delphi_Digital Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token. Delphi’s transparency page can be viewed here.

28 Mars 20231h 35min

Caitlin Long: The Regional Banking Crisis, Deposit Only Banks, and Hyperinflation in Germany

Caitlin Long: The Regional Banking Crisis, Deposit Only Banks, and Hyperinflation in Germany

Caitlin Long, founder and CEO of Custodia Bank, is one of the most passionate guests we’ve ever had on the podcast. In this episode we discuss: The regional banking crisis Outlook for the U.S. Dollar The government blocking deposit only banks that don’t lend out assets FDIC insurance only backing 1% of deposits Hyperinflation in Weimer Germany and comparisons to the U.S. and much more.  Social Links Commissioner Peirce Gabriel Shapiro Tommy Shaughnessy Follow Delphi Digital Website: https://members.delphidigital.io/home Twitter: https://twitter.com/Delphi_Digital Youtube: https://www.youtube.com/@Delphi_Digital Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token. Delphi’s transparency page can be viewed here.

22 Mars 202348min

SEC Commissioner Peirce: Inside the SEC with Cryptomom

SEC Commissioner Peirce: Inside the SEC with Cryptomom

SEC Commissioner Peirce joins for a conversation centered around her views on the SEC’s approach to Crypto. The conversation covers the current regulation by enforcement strategy, other countries having a more conducive regulatory environment, Commissioner Peirce’s dissenting opinions and much more. This episode is co-hosted by Gabriel Shapiro, GC of Delphi Labs, who offers his deep legal and regulatory knowledge in the crypto space. Social Links Commissioner Peirce Gabriel Shapiro Tommy Shaughnessy Follow Delphi Digital Website: https://members.delphidigital.io/home Twitter: https://twitter.com/Delphi_Digital Youtube: https://www.youtube.com/@Delphi_Digital Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token. Delphi’s transparency page can be viewed here.

16 Mars 202346min

Anatoly Yakovenko: Solana’s Endgame In the Midst of Competitive L1 and L2s

Anatoly Yakovenko: Solana’s Endgame In the Midst of Competitive L1 and L2s

In this episode, Delphi Co-Founder and VC Tommy hosts Anatoly Yakovenko, Co-founder of Solana, for an in-depth and energetic episode centered around the core thesis for Solana in the face of other L1 and L2 ecosystems. Social Links Anatoly Yakovenko Tommy Shaughnessy Follow Delphi Digital Website: https://members.delphidigital.io/home Twitter: https://twitter.com/Delphi_Digital Youtube: https://www.youtube.com/@Delphi_Digital Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token. Delphi’s transparency page can be viewed here.

13 Mars 20231h 12min

Nic Carter: Operation Choke-Point 2.0’s Mission To Cut Crypto Off From The Banking Sector Is Underway

Nic Carter: Operation Choke-Point 2.0’s Mission To Cut Crypto Off From The Banking Sector Is Underway

In this episode, we're joined by Nic Carter, General Partner at Castle Island Ventures for a far reaching discussion around Nic’s thesis on Operation Choke-Point 2.0; the effort of every U.S. financial regulator to deny crypto firms access to banking services. Social Links Nic Carter Tommy Shaughnessy Follow Delphi Digital Website: https://members.delphidigital.io/home Twitter: https://twitter.com/Delphi_Digital Youtube: https://www.youtube.com/@Delphi_Digital Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Digital may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token. Delphi’s transparency page can be viewed here.

28 Feb 20231h 38min

Miller, Marisa and Sarah: The Definitive Conversation on The Government's Regulatory Assault on Crypto

Miller, Marisa and Sarah: The Definitive Conversation on The Government's Regulatory Assault on Crypto

On this episode Miller Whitenhouse-Levine the CEO of DeFi Education Fund, Marisa T Coppel Policy Counsel at Blockchain Association and Sarah Brennan GC of Delphi Ventures join host Tommy for the definitive episode on crypto regulations. About The Guests Miller Whitenhouse-Levine CEO at DeFi Education Fund The DeFi Education Fund is a nonpartisan research and advocacy group working to explain the benefits of DeFi, achieve regulatory clarity for the future of the global digital economy, and help realize the transformative potential of DeFi for everyone. Marisa T Coppel Policy Counsel at Blockchain Association We are the leading nonprofit organization dedicated to promoting a pro-innovation policy environment for the digital asset economy. We work with our members to educate policymakers about blockchain technology and its ability to pave the way for a more secure, competitive, and consumer-friendly digital marketplace. Sarah Brennan GC at Delphi Ventures and Research Tommy Shaughnessy Co-Founder of Delphi Digital and VC at Delphi Ventures Follow Delphi Digital Website: https://members.delphidigital.io/home Twitter: https://twitter.com/Delphi_Digital Youtube: https://www.youtube.com/@Delphi_Digital Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token. Delphi’s transparency page can be viewed here.

21 Feb 20231h 49min

Can Gurel and Ceteris: The Future of The Crypto On-Chain Experience Will Dwarf The Centralized World

Can Gurel and Ceteris: The Future of The Crypto On-Chain Experience Will Dwarf The Centralized World

Host and Co-founder of Delphi Tom Shaughnessy sits down with Can Gurel and Ceteris of Delphi Digital Research's Infrastructure team to discuss their Year Ahead for Infrastructure Report. Themes covered include Recreating the centralized exchange experience on chain. Modular vs monolithic App-specific vs general purpose Developers choosing which chains to build on and why Developer vs consumer build mismatch IBC and the future of bridging. IBC to Ethereum Chainlink as an important player in cross-chain interoperability for EVM chains MEV considerations across Ethereum, Cosmos and other chains. Wallet Wars; quest to become the superapp (Standard Wallets vs Smart Contracts vs MPC Wallets) 🧠 Access The Year Ahead for Infrastructure Report Here Social Links Can Gruel Ceteris Tommy Shaughnessy Follow Delphi Digital Website: https://members.delphidigital.io/home Twitter: https://twitter.com/Delphi_Digital Youtube: https://www.youtube.com/@Delphi_Digital Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token. Delphi’s transparency page can be viewed here.

8 Feb 20232h 9min

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