Show notes
Today our guest is Allan Niemerg (https://twitter.com/niemerg), Co-Founder of Yield (https://twitter.com/yield). This episode is sponsored by Euler Finance (https://euler.finance/), permissionless lending protocol that introduces exciting innovations to DeFi like MEV resistant liquidations, tokenised debts, permissionless listing and many more. I'm your host Seraphim (https://twitter.com/MacroMate8), and let's talk DeFi. The Material is for distribution to Professional clients and should not be relied by any other persons. The information contained herein does not constitute an offer to sell or the solicitation of any offer. The purpose of this video is not investment advice. Check out this podcast on Spotify: https://open.spotify.com/episode/6ePKAXCSmHAuXprc8CsIVL?si=51a6b0d9adce4ae5And on Apple: https://podcasts.apple.com/us/podcast/fixed-yield-in-defi-allan-from-yield/id1598828271?i=1000568855991Allan’s background (law, GFC, prop firm) 00:00 – 5:40The story of Yield 5:40 – 9:56Mechanics of Yield 9:56 – 15:44How come fixed rates DeFi hasn’t taken off yet? What will drive the adoption? 15:44 – 25:44 Cash bonds vs derivatives in DeFi? What assets does Yield have? What are the interest rates like? 25:44 – 33:20Yield and staked ETH 33:20 – 36:03Trading leveraged DEX fees 36:03 – 38:49Why don’t TradFi and DeFi interest rates converge? 38:49 – 41:01 How is Yield affected by Celsius, 3AC etc? 41:01 – 43:13CeFi vs DeFi? 43:13 – 48:15Collateralised vs uncollateralised lending in DeFi 48:15 – 52:31