Building DeFi on Bitcoin with Edan Yago, Creator of Sovryn

Building DeFi on Bitcoin with Edan Yago, Creator of Sovryn

Edan Yago grew up during apartheid in South Africa and at one point had to smuggle gold as a child to help his family. Yago discovered Bitcoin and, after years of prepping for a revolution, immediately knew that his life would change forever. Stepping into the crypto space, Edan set out to design a new way of approaching DeFi and built Sovryn, a sidechain off of Bitcoin instead of Ethereum. Edan is excited for the monetary revolution that DeFi will bring to the 99% of the world that does not have full access to the world’s financial garden - and all based on Bitcoin. Scott Melker and Edan Yago further discuss sewing gold into coat pockets, growing up in South Africa’s apartheid, a family of political activists, the only important choice is buying Bitcoin, bringing Bitcoin’s liquidity to DeFi, designing Sovryn, defeating crypto tribalism, fighting the no-coiners, loaning against DeFi, pseudo-Bitcoin, hyper dumps, hyper pumps and more. ---- If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe. This podcast is presented by Blockworks. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworks.co

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