Mike Silagadze is the Founder and CEO at ether.fi.
In this Quick Hit, we discuss the recent restaking mania on EigenLayer including how many of us are playing for the EigenLayer airdrop. Mike explains what is liquid restaking and the benefits of their new LRT (liquid restaking token) eETH which grew to over $ 100M in deposited ETH in less than 1 month since launching.
🔗 Essential Show Links 🔗
► Subscribe on Youtube: youtube.com/@defidad
► Subscribe on Apple: tinyurl.com/edgepod
► Subscribe on Spotify: tinyurl.com/edgepodspotify
► Subscribe on Linktree: linktr.ee/edge_pod
► Follow DeFi Dad: twitter.com/DeFi_Dad
► Follow Nomatic: twitter.com/Nomaticcap
► Learn about DeFi and Web3: defidad.com/
The Edge Podcast Sponsor Resources
🥑 INSTADAPP | THE NEW AVOCADO WALLET AND MULTISIG
avocado.instadapp.io/
🦊 METAMASK PORTFOLIO | TRACK AND MANAGE YOUR WEB3 EVERYTHING
metamask.io/portfolio/?utm_source=defidad&utm_medium=podcast&utm_campaign=pdapp&utm_content=episode101523
🧑🌾 MANTLE | THE ETHEREUM L2 FOR TOP NATIVE YIELDS
www.mantle.xyz/
🙋♀️ Interested to sponsor The Edge Podcast? Fill this out:
hl6pu9d99u5.typeform.com/to/E3NY5Mqn
Timestamps
0:00 - Intro
3:31 - ether.fi and liquid restaking tokens (LRTs) explained
8:05 - Irony of locking up LSTs in EigenLayer
13:11 - How EigenLayer will work once live
16:01 - Why eETH is now the only way to deposit into EigenLayer
21:47 - What's next with EigenLayer
25:55 - Minting eETH and DeFi with eETH
28:24 - Closing
🔗 Guest Links 🔗
► ether.fi Website: ether.fi
► ether.fi app with referral bonus of 100 ether.fi loyalty points per 0.1 ETH staked: app.ether.fi/eeth?address=0x2f71129b240080C638ac8d993BFF52169E3551c3
► ether.fi on Twitter: twitter.com/ether_fi
► Mike on Twitter: twitter.com/MikeSilagadze
🙏 The Edge Podcast is produced by 4RC Labs. If you're a DeFi/Web3 builder, contact our team at: fourthrevolution.capital/
All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.
EtherFinanciers🧙♂️
TVL has crossed the important milestone of 100,000 ETH🛣️
This week, the protocol brought in over 35,000 ETH and spun up over 1,000 new validators in EigenLayer via Native restaking🔝
ether.fi is the LARGEST Liquid Restaking Protocol on Ethereum🏆
All this and other facts in our NoCap for the week👇
We have 23,051 unique holders of eETH, all helping to push the decentralization of Ethereum🛣️
All these holders will have a role in decentralized governance🏦
Paul Frambot is the CoFounder and CEO at Morpho Labs.
In this episode, we discuss the soon to be released Morpho Blue protocol, which promises to unlock a new foundation for DeFi lending. Morpho V1 is already the third largest lending platform on Ethereum with over $1B in deposited assets. However, the CoFounder of Morpho Labs explains why there are inherent limitations to the current DeFi lending landscape and how Morpho Blue (Morpho V2) will solve for this as a more trustless and efficient lending primitive with permissionless market creation.
🔗 Essential Show Links 🔗
► Subscribe on Youtube: youtube.com/@defidad
► Subscribe on Apple: tinyurl.com/edgepod
► Subscribe on Spotify: tinyurl.com/edgepodspotify
► Subscribe on Linktree: linktr.ee/edge_pod
► Follow DeFi Dad: hey.xyz/u/defidad
► Follow Nomatic: hey.xyz/u/nomadic
► Follow 4RC: hey.xyz/u/4rcapital
► Learn about DeFi and Web3: defidad.com/
The Edge Podcast Sponsor Resources
🦊 METAMASK PORTFOLIO | TRACK AND MANAGE YOUR WEB3 EVERYTHING
metamask.io/portfolio/?utm_source=defidad&utm_medium=podcast&utm_campaign=pdapp&utm_content=episode101523
🥑 INSTADAPP | THE NEW AVOCADO WALLET AND MULTISIG
avocado.instadapp.io/
⚖️ KYBERSWAP | DEX AGGREGATOR, AMM, AND KYBER AI TRADING ANALYTICS
kyberswap.com/?&utm_source=KOL&utm_medium=post&utm_campaign=defidad&utm_content=overview
🥩 ETHER.FI | LIQUID RESTAKING TOKEN COMING SOON!
www.ether.fi/
🙋♀️ Interested to sponsor The Edge Podcast? Fill this out:
hl6pu9d99u5.typeform.com/to/E3NY5Mqn
Timestamps
00:00 - Intro
5:44 - Paul's background
7:36 - Morpho V1 (Morpho Optimizers)
13:19 - Limits of DeFi lending today
20:53 - How Morpho Blue solves these limits
26:45 - LTVs for borrowing
29:45 - Why only support CDPs
32:02 - Will Morpho Blue be on L2s?
32:49 - Ideal products to be built on Morpho Blue
33:49 - Fees structure
36:02 - Liquidations
38:25 - Risks to using Morpho Blue
40:15 - MetaMorpho: Risk Management Protocol
43:47 - MORPHO token design
50:28 - Closing
🔗 Guest Links 🔗
► Morpho Website: morpho.org/
► Morpho on Twitter: twitter.com/MorphoLabs
► Paul on Twitter: twitter.com/PaulFrambot
► Morpho Blue Blog Post: morpho.mirror.xyz/hfVXz323zp9CmJ1PLDL4UhdLITGQ865VIJUyvZYyMA4
► MetaMorpho Blog Post: morpho.mirror.xyz/vPkSBEZvIoVDfx-GBOsTOvjI14bqul-PA-LMe3sBlBw
🙏 The Edge Podcast is produced by 4RC Labs. If you're a DeFi/Web3 builder, contact our team at: fourthrevolution.capital/
All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.
Ether.fi is now a Top 50 protocol on #Ethereum, with more than $ 87M in TVL🚀
You can find the full recap for this week here👇
THE DUCKS FLY NOW ON THEIR OWN !
Our quackers got now their own collections !
COLLECTIONS
The ducks will be categorized in two distinct collections :
Ducks Everywhere, collection of all ducks from the main collection, mostly who went through an auction (ERC-721)
Ducks Frens, collection of all ducks made in collab with our dearly fren communities (ERC-1155)
BOOKLETS
Booklets have also been updated to fit better our duck world, now referred as "passports" or "ID's" !
Each duck receives its unique identity upon disassembly, represented by these identity NFTs, essential to rebuild your duck with the official metadata
Find now duck collections everywhere !
➡️ linktr.ee/duckseverywhere
WHAT'S NEXT
The next step for the ducks is now to find a home to hold auctions, and we can confirm that this is on the horizon. We will soon add #starky to the duck discord in order to have any duck holder joining the discord flock !
Stay tuned for potential actions in the meantime though !
🚨 BEWARE OF SCAMS 🚨
As many other projects on #Starknet, we can see scams and fake ducks flying on marketplaces. Always verify duck's metadata, check only ducks from the official collections and use the official links from linktree
A big qq to all duckies who have been patient enough to follow the flock until now, and also thanks a lot to #briqNFT for helping us fly along on our own now 💛
it's own duck platform or using an existing NFT one?
(kwak kwak)