DeFi Wizards w/ Rune Christensen and Guy Young | The Big Brain Podcast Ep. 2

In this episode, Guy Young & Rune Christensen discuss the evolution of DeFi, noting how it has become more grounded in reality and sustainable business models, moving away from the early hype and ideological claims.

00:00 Introduction
01:23 DeFi Ain’t What it Used To Be
08:27 Ethena’s Success
13:01 Get $HYPE(D)
15:08 HL L1
16:38 ‘Ecosystem Protocols’
19:32 DeFi User Capture
21:42 DeFi Endgame
22:05 Hyper-rational Users Onchain
24:53 Compressing DeFi Rates
27:16 Stealing from the Rich
28:43 Onchain KYC
30:57 Forking DeFi
33:57 The Future of Finance
37:50 ‘MicroStrategy Playbook” for Alts
42:19 Bitcoin DeFi?
43:57 F.A.F.O. Onchain

– Rune: @RuneKek
– Guy: @gdog97_