Why tokenized assets are DeFi’s biggest unlock

Episode 9 of Layer One, hosted by The Block's Kelvin Sparks and Hypha founder Steven Gates, was recorded with Rhett Shipp, CEO of Avant, and Niklas Kunkel, founder of Chronicle.

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In Episode 9 of Layer One, The Block’s Kelvin Sparks and Hypha founder Steven Gates were joined by Nicholas Kunkel (Chronicle) and Rhett Shipp (Avant) to break down the current state of DeFi and what’s actually holding the industry back. They argue that core primitives are already built, and the real unlock lies in tokenized assets, improved liquidity, and seamless integration with traditional finance.

OUTLINE
00:00 - Intro
01:11 - Getting Into DeFi
04:38 - Early MakerDAO Days
08:43 - Where Value Accrues
12:23 - Yield and Stablecoins
17:56 - How DeFi Yield Works
23:34 - SubDAOs and Governance
30:33 - Do We Need New Primitives
36:25 - Tokenized Assets Unlock
53:55 - Founder Advice

GUEST LINKS
Rhett Shipp - https://x.com/RhettShipp
Avant - https://x.com/avantprotocol
Niklas Kunkel - https://x.com/nomos_paradox
Chronicle - https://x.com/ChronicleLabs

HOST LINKS
Steven Gates - https://x.com/stvngts
Kelvin Sparks - https://x.com/imyoungsparks

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