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Bankless


Oct 21, 2021

Scoopy Truples from Alchemix returns to Bankless to update us on what lies ahead for the protocol, and more broadly, the DeFi ecosystem.

Alchemix v2 is on the horizon, which will allow for much more composability and integration with the rest of DeFi, as well as introducing new means of collateral such as LUSD and MIM. Scoopy also details plans for Layer 2 and Cross-Chain launches.

The second half of the conversation turns to DeFi 2.0, which Scoopy outlined in this epic twitter thread. This new generation of DeFi projects introduce a new primitive for bootstrapping liquidity and capital to a protocol, which traditionally has been achieved via incentivized liquidity pools.

This new model allows protocols to purchase LP positions and accrue value more sustainably, discouraging mercenary capital that leaves when rewards taper off. Scoopy brings big ideas and digestible explanations to this complicated topic, contextualizing what may become a new era for DeFi.

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Topics Covered:

0:00 Intro
3:30 Scoopy Truples & Alchemix v2
8:02 Optimizing Yield
13:03 Community & alETH Vault
21:23 Layer 2 & Cross-Chain
29:58 Governance & Participation
37:00 DeFi 2.0 and Olympus DAO
49:16 How it Works
54:39 Flushing out Toxic Liquidity
58:24 Adopting this Primitive
1:01:23 Tokemak
1:03:54 Closing & Disclaimers

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Resources:

Scoopy on Twitter:
https://twitter.com/scupytrooples?s=20 
Scoopy’s DeFi 2.0 Thread
https://twitter.com/scupytrooples/status/1447398430574141445?s=20 

Alchemix Links:
- Twitter: https://twitter.com/AlchemixFi?s=20 
- Discord: https://discord.com/invite/alchemix 
- Website: https://alchemix.fi/ 

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures