Economics Design
126 episodes - English - Latest episode: about 1 month ago - ★★★★★ - 9 ratingsWe talk about the design of economic systems. This could be video game simulated economy or real business world like frequent flyer points system or blockchain based token economy.
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Episodes
EP 62: Universal Bitcoin Income - Bitcoin As Stored Energy
October 04, 2021 03:21 - 38 minutes - 88.5 MBIs Bitcoin a form of stored energy? Dave and Lisa discusses how universal basic income may be addressed using Bitcoin! Please consider donating to help fund these educational videos: 0x6da9AAa73D39F3880119Fd20e6d6a2f65Dd44ABe or tip us at https://www.patreon.com/economicsdesign 00:00 Introduction 01:01 Interest In Bitcoin 02:54 Economy Is Energy 05:43 Traditional Energy Sources 07:58 Renewable Energy & Bitcoin 10:38 Bitcoin Mining & The Grid 18:37 Stored Energy & Distribution 22:28 ...
EP 61: Antimatter, Does It Matter? | DeFi Simplicity
September 27, 2021 04:42 - 48 minutes - 110 MBWe take a look at how the Antimatter protocol can potentially simplify DeFi! Connect with Jack here: https://twitter.com/jack_venture Please consider donating to help fund these educational videos: 0x6da9AAa73D39F3880119Fd20e6d6a2f65Dd44ABe or tip us at https://www.patreon.com/economicsdesign 00:00 Introduction 01:35 Conversation With Jack Lu 38:30 More Resources & How to Support Us! Want more in-depth content? 1) Support us on our Patreon: www.patreon.com/economicsdesign 2) [Textbo...
Ep 60: We Found A Problem That Crypto Truly Solves | Public Goods & #DAO
September 20, 2021 11:55 - 1 hour - 160 MBWe found a problem that crypto truly solves - public goods and #DAO! Please consider donating to help fund these educational videos: 0x6da9AAa73D39F3880119Fd20e6d6a2f65Dd44ABe or tip us at https://www.patreon.com/economicsdesign Want more in-depth content? 1) Support us on our Patreon: www.patreon.com/economicsdesign 2) [Textbook] The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 3) Academy: https://academy.economicsdesign.com/ 4) New research site...
EP 58 UPDATE: UST Is Not What It Is! This is not clickbait. I made a mistake. Updates here.
September 16, 2021 16:00 - 5 minutes - 4.78 MBIn the previous EP 58: Analysis of UST (TerraUSD) | Algo Stablecoin on Terra,, we mentioned that UST is 1% within the range but mostly outside of the $1±5% range. Turns out, we are wrong! This video is meant to correct the mistake. EP 58: https://youtu.be/w_AdzPFM58g Please consider donating to help fund these educational videos: 0x6da9AAa73D39F3880119Fd20e6d6a2f65Dd44ABe or tip us at https://www.patreon.com/economicsdesign Want more in-depth content? 1) Support us on our Patreon: www.pa...
EP 59: Another Stablecoin? | All-Weather Stablecoin Gyroscope
August 24, 2021 13:02 - 30 minutes - 67.3 MBAnother stablecoin? All weather stablecoin with Gyroscope. Always stable. Please consider donating to help fund these educational videos: 0x6da9AAa73D39F3880119Fd20e6d6a2f65Dd44ABe or tip us at https://www.patreon.com/economicsdesign 00:00 Intro & Overview 03:58 Gyroscope Collaterals 09:16 Minting Gyro Dollar 10:42 Mechanisms To Maintain $1 Peg 11:58 Earning Yields 12:53 PAMM vs Underlying Assets 13:25 Gyroscope vs USDC 14:24 SAMM 16:06 Lines of Defence 14:55 Gyroscope vs FEI 21:...
EP 58: Analysis of UST (TerraUSD) | Algo Stablecoin on Terra
August 01, 2021 10:00 - 17 minutes - 16.4 MBMany of you have been asking for an episode on UST, the algo stablecoin on the Terra network. So today, we take a dive into how UST works, how it is created, analyse its stability, and more. - Timestamps: 0:00 – Intro & Overview 0:51 – UST vs LUNA 1:14 – Classifying Terra 1:50 – $LUNA 3:05 – UST Creation 4:34 – 3 factors affecting Stability of UST 8:37 – Analysing UST Stats 10:25 – Analysing the Terra Ecosystem 12:06 – 4 Opinions 17:10 – More resources & how to support us! - Wa...
Flashbots and MEV are a huge problem for DEXs. Here's why you should care. | DeFi Markets
July 15, 2021 12:00 - 17 minutes - 16.3 MBFlashbots & Miner-Extractable Value are problems faced by decentralised exchanges (DEXs). In this episode, we explain what flashbots and MEV are all about and what solutions there are. We also explain in-depth the risks of ETH like front running, and several design flaws in DEXs. This recording was extracted from our free-to-join Discord lounge sessions. We host lounge sessions on Sundays, where we dive deep into such topics, and you get the chance to ask any questions live. We invite notew...
EP 57 LQTY Stable Coin | Solving Maker's DAI Problem and No Governance
July 08, 2021 12:59 - 23 minutes - 21.9 MBLiquity presents a unique approach to decentralisation, without a governance token and several other notable features. In this episode, we dive deep into Liquity's mechanisms, economics, and what it means for the DeFi space. The chat segments are extracted from our Discord lounge session with Robert. We host lounge sessions on Sundays with guest speakers, absolutely free to join for the public, where we dive deep into such topics and you can directly ask any questions you may have. Do join ...
Before you start an algo stable coin, listen to this | DeFi Markets
July 04, 2021 12:00 - 6 minutes - 5.64 MBWe have several recommendations to make, after all the research we have done recently on algo stable coins. To be specific, we have 3 recommendations regarding the secondary token, how to avoid economic exploitation, and the responsiveness to price action of the tokens. - Want more in-depth content? 1) Support us on our Patreon: www.patreon.com/economicsdesign 2) [Textbook] The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 3) Academy: https://academy...
Economic Analysis, Discussion & Observation on Algo Stable Coins | DeFi Markets
July 03, 2021 12:00 - 5 minutes - 5.13 MBIn our recent research on algo stablecoins, we found some imperfections in some of their mechanisms – namely economic misalignment and failure of coupons. In this episode, we analyze and discuss the impact of such failures. - Want more in-depth content? 1) Support us on our Patreon: www.patreon.com/economicsdesign 2) [Textbook] The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 3) Academy: https://academy.economicsdesign.com/ 4) Check out our new re...
EP 56: Iron Finance vs FRAX | 3 Reasons why IRON failed in its economics design
July 01, 2021 12:00 - 10 minutes - 9.58 MBHow did IRON Finance crash 100% within a day? What went wrong with its mechanisms and economic design, and how is it different from FRAX, which we recently reported to be the best among 8 different stable coins? We dive into the tragedy of IRON in this episode. Timestamps: 0:00 – Intro & Contents 0:32 – Iron Finance explained 1:13 – IRON vs FRAX 2:43 – Causes of failure: Uncontrolled Supply 4:07 – Causes of failure: TITAN & IRON relationship 4:44 – Causes of failure: TITAN Mechanism D...
EP 55: OHM OlympusDAO (3,3) | New Reserve Currency To Replace Bitcoin?
June 29, 2021 12:00 - 22 minutes - 20.4 MBAn algorithmic stablecoin that is not pegged to $1: How does OHM do it? What exactly are the inner workings in the OHM ecosystem and how can you take part in it? We explain in this episode! Timestamps: 0:00 – Introduction to OHM 0:58 – Classifying $OHM stablecoin 1:30 – OHM's Reserve & Algo mechanism 2:06 – No Peg Stablecoin explained 2:59 – Partial Reserve with DAI 3:30 – Zeus: What is $OHM? 4:05 – Stablecoin Creation 4:43 – Stability Mechanism 5:48 – Zeus: OHM Mechanisms 10:09 ...
How to "DYOR" for crypto stable coins | 3 Steps Economics Analysis | DeFi Markets
June 28, 2021 12:00 - 10 minutes - 9.8 MBIf you're Doing Your Own Research (DYOR) on stable crypto coins, this episode explains how to use quantitative and qualitative metrics to analyze them, the 3 types of risks to look at, and how Lisa & our research team applied these concepts to compare 8 different stablecoins in our research report of Apr/May 2021. The report can be downloaded for free over at econteric.com :) p.s. Thanks to Fernando for assisting with the audio processing for the episode!
EP 54: How to analyse token economics of Stable Coin | $FRAX Economics Analysis and Design
June 13, 2021 01:00 - 18 minutes - 17.2 MBIn this week's episode, we talk about FRAX, a fractionalised algorithmic stablecoin. Using the token economics framework that we have explained in other videos, we will analyse the token economics of the $FRAX stablecoin, perform stability analysis on it, and give some opinions about FRAX. Timestamps: 0:00 – Introduction & Contents 0:36 – What is Frax? 2:38 – Dual-Token Mechanism explained 3:34 – Reserve Mechanism explained 4:36 – How to create $FRAX stablecoin 7:11 – How to Maintain ...
EP 53: The Mechanism Design of Maker (DAI and MKR) | The OG #StableCoin
June 09, 2021 09:21 - 20 minutes - 19 MBIn line with our recent focus on stablecoins, today we're going to explore the OG onchain stablecoin: MakerDAO. We will dive deeper into the economics of Maker, and understand how the $DAI ecosystem works. MakerDAO is a novel and innovative protocol that allows for on-chain collateralised borrowing, while also creating a reasonably effective stablecoin. This gives the crypto community an alternative to fiat-backed stablecoins like $USDT. Furthermore, $MKR holders continue to make continual ...
EP 52: Throw those 2017 notes away. This is how to understand Stable Coins in 2021.
May 29, 2021 12:00 - 15 minutes - 14.6 MBStablecoins are no longer what they used to be in 2017, as they have changed a lot from then till today in 2021. To understand how stablecoins are created and to compare different stablecoins, we must know 3 important characteristics: collaterals, mechanisms, and pegs — explained in this episode. Why do we care about stablecoins? Because finding a mechanism to maintain its peg is the first step towards creating a global currency instrument that is decoupled from the country-based economy. ...
EP 51: Understanding $ALCX (Alchemix) | A Unique Stable Coin with Limitations?
May 14, 2021 17:24 - 32 minutes - 30.1 MBAlchemix $ALCX is a no-loss, yield-generating stable coin protocol with unique mechanisms that include real inflation in the ecosystem. In this episode, we speak to the co-founder of Alchemix, take a deep dive into how Alchemix functions, and the financial incentives of being part of the Alchemix system. We then discuss how it differs from other stable coins and what limitations ALCX could have. Timestamps: 0:00 – Introduction 1:10 – Background of Alchemix 3:04 – What is Alchemix? 4:56 ...
EP 50: $FEI, What Went Wrong? An Economics Explanation
May 08, 2021 23:30 - 30 minutes - 41.5 MBFEI protocol had all of twitter talking last week. Backed by significant VCs, this new algorithmic stablecoin mechanism, $FEI, managed to raise US$1 billion worth of Ether within the first 24 hours. And within 24 hours of launch, the price of $FEI dropped significantly, as did $TRIBE, the governance token. So what went wrong? How did the economics model and incentive design fail so terribly? And what was the tipping point that caused this massive disaster? Today, we analyse the lessons...
EP 49: 7 Changes in Uniswap V3 and LP Impacts | Decentralised Market Maker + CLOB
May 07, 2021 23:30 - 27 minutes - 37.5 MBUniswap is an Automated Market Maker (AMM). It allows users to swap any ERC20 token, using the liquidity pool instead of the order book. Uniswap is a 100% decentralised and permissionless protocol, operating on the following formula: x*y=k (called “constant product”). TLDR: V3 update combines both decentralised market maker model with centralised limit order books. Follow us on Twitter and Join our Discord to chat with us and the ED community.
EP 48: Building the Infrastructure of Web3.0. Explaining Handshake and $HNS Economics
May 07, 2021 13:22 - 30 minutes - 41.3 MBHandshake (HNS) is a decentralised, permissionless naming protocol in which peers authenticate and are responsible for managing the root DNS naming zone to create an alternative to Existing naming systems and certification bodies. Handshake is a domain name system which is support Web3. Web3 is about rearranging existing Internet products and services so that they benefit people rather than entities. The data will still be used to drive decision-making but will not be used against con...
EP 47: Experimenting Licensing as an NFT: EDBK Case Study
April 30, 2021 20:50 - 12 minutes - 17.5 MB$EDBK, that means Economics Design Book. A very innovative name, I know. The general idea is to: Limit publishing rights of physical books to specific geographical regions Price publishing rights in accordance to the perceived risks Use the token to account for distribution of additional income The main fear by publishing houses is to know the market demand for the book. Thus, $EDBK signals the demand to decrease information asymmetry. Since $EDBK is an NFT that represents the...
Experimenting Licensing as an NFT: EDBK Case Study
April 30, 2021 20:50 - 12 minutes - 17.5 MB$EDBK, that means Economics Design Book. A very innovative name, I know. The general idea is to: Limit publishing rights of physical books to specific geographical regions Price publishing rights in accordance to the perceived risks Use the token to account for distribution of additional income The main fear by publishing houses is to know the market demand for the book. Thus, $EDBK signals the demand to decrease information asymmetry. Since $EDBK is an NFT that represents the...
Women in DeFi 2: Rug Pull Stories
April 23, 2021 00:30 - 50 minutes - 69.3 MBIn this episode we talk about rug pull with Emma Jane and Anna Vladi. Emma comes from an options trading background and now working on digital NFT, fashion, gaming and esports and Anna is building a new autonomous hedge fund in DeFi that is interoperable between chains and aggregates yield. Rug pull is a big a risk in crypto. The general category of risk is Tech risk, Economic Risk and Price volatility risk and Rug pull exists in all these risks. Rug pull also exists within NFTs espe...
Women in DeFi Fireside Chat. How to Bring Women into DeFi
April 22, 2021 19:21 - 57 minutes - 79.4 MBIn this episode, we chat with Zia Word (Co-Founder of Matter Block) and Anna Vladi (Co-Founder at Metl) and talk about Women in DeFi.
EP:46 Depreciating Licensing Model in NFT Ownership with Anthony Lee Zhang from UChicago Booth
April 04, 2021 00:30 - 27 minutes - 37.1 MBNFT is not just about digital art and tokenising assets. There are so many more things we can do with NFTs, like embedding property rights, more efficient mechanism design of property rights allocation and balancing between the various types of tradeoffs. Today, we have with us Anthony Lee Zhang, assistant professor of Finance at UChicago Booth. He co-authored a paper with Glen Weyl on depreciating licenses (DL). Licenses are basically property rights, and NFT is about tokenising these prop...
EP45, The Economics of Betting on NFT | Polygon (MATIC) NFT Infrastructure
April 03, 2021 19:23 - 21 minutes - 29.3 MBThis month is on NFT. We chatted about the economics of NFT, and the economics of NFT flipping last week. A few days ago, an art piece was sold at $69 million by Beeple (https://onlineonly.christies.com/s/first-open-beeple/beeple-b-1981-1/112924)! Of which, $9m is in fees. My mistake, that $9m is to Christie and not the network's transaction. In any case, transaction fees are still a problem. Not only is it expensive to buy an NFT (we mentioned this 2 weeks ago), but also expensive to MINT ...
EP44: Economics of NFT Flipping with Kiefer Zang
March 17, 2021 20:02 - 25 minutes - 35.5 MBThis month is on #NFT. The hottest thing in NFT is how one can flip the NFT for insane profits. So today, we have Kiefer Zang, founder of NFT Flipping. Instead of talking about NFT flipping, we will focus on the economics of NFT flipping, the supply, demand and economics of why this is making sense. Enjoy! Get the book at book.economicsdesign.com Kiefer Zang from www.nftflipping.com
EP 43: What is #NFT crypto? I The economics of NFT I NFT art and DeFi explained
March 09, 2021 18:32 - 23 minutes - 32 MBNFT is the hype recently, powered by "non-crypto" influential individuals like Mark Cuban, Chamath Palihapitiya and Gary Vaynerchuk talking about it. You might be thinking, "uhhhh virtual assets and digital assets exist. Why should I care about NFT?". Well, with the advent of blockchain (new technology), we take the existing assets (digital and virtual assets) and improve upon them! NFT is one of the key foundations of the new digital economy, powered by blockchain. NFT has been test...
EP 42: Interview with #OPYN | oToken DeFi Options Model and Developments
February 28, 2021 18:23 - 29 minutes - 39.9 MBOpyn is an open decentralised insurance platform built on Ethereum that allows users to protect themselves from certain risks they face in DeFi. Opyn is built with the Convexity Protocol, a protocol that allows DeFi users to create call and put options. Anyone can buy options ($oTokens) to protect themselves against DeFi risk. Users can also deposit collateral into a vault to mint and sell $oTokens, receiving a premium from protecting others. Opyn's value is in creating an environment wit...
EP 42: Economics of #OPYN Explained. And How OPYN Works | oToken DeFi Options Model
February 27, 2021 15:13 - 20 minutes - 28.1 MBOpyn is an open decentralised insurance platform built on Ethereum that allows users to protect themselves from certain risks they face in DeFi. Opyn is built with the Convexity Protocol, a protocol that allows DeFi users to create call and put options. Anyone can buy options ($oTokens) to protect themselves against DeFi risk. Users can also deposit collateral into a vault to mint and sell $oTokens, receiving a premium from protecting others. Opyn's value is in creating an environment wit...
EP41: How to use option strategies in DeFi to reduce risk | 3 DeFi Options Strategies
February 24, 2021 17:19 - 17 minutes - 23.6 MBResponding to the twitter poll, you guys want more finance and #DeFi explanations. So instead of assuming you know how to use #option strategies to help with risk management, let's do it in this video. No overwhelm. Just simple basic strategies for now. We cover 3 strategies today: 1. Covered call — think of it as being LP on HEGIC's platform 2. Married put — think of it as insurance for price falling 3. Bull spread call — think of it as LP on #HEGIC and insurance for price fa...
EP 40: Economics of POTION Explained. And How #POTION Works | POTION DeFi Options Model
February 13, 2021 20:15 - 22 minutes - 30.4 MBBack to our theme of February, we are covering a new protocol, #Potion. Potion is a decentralised protocol for creating price volatility insurance contracts that run on the Ethereum Blockchain. The protocol allows users to protect against discounts on any asset: $BTC, $MKR, $LINK, $ETH, $MKR, $BAT. User can create their own contract with custom Number of Contract, Strike Price and Expiry Date. The interesting part of this protocol is that it does NOT have a token! Potion Protoc...
EP 39: Opium DeFi Options Review | Opium Token Economics and Token Staking | $OPIUM Game Theory
February 10, 2021 15:21 - 26 minutes - 36.2 MBFinancial derivatives are an important component of the financial markets, as they enable risk management. The decentralised derivatives market is expected to grow exponentially with DeFi's growth and, as a result, a widespread and robust financial infrastructure is required. Opium is a financial protocol for decentralised financial derivative products. Opium Protocol is completely based on open-source software and smart contracts. In addition to conforming to values from the DeFi space a...
EP 38: Economics of $HEGIC Explained. And How #HEGIC Works (visual explanation)
January 29, 2021 16:30 - 46 minutes - 64.4 MBIn traditional finance, one of the most important pieces of derivative products can be mentioned is options. Continuing on with our #DeFi options series, we will be sharing about #HEGIC, the top #options protocol by market cap. A simple option is a contract that allows a holder to exercise a call or put option at a predetermined price in the future with the main purpose of minimising the risk (hedging) or speculation. Hegic is a peer-to-pool option trading protocol that allows users to...
EP 37: Introduction to DeFi Option Protocols #HEGIC #OPYN #OPIUM
January 22, 2021 12:47 - 33 minutes - 46.4 MBDeFi and CeFi options are different. Especially since tokens are involved. Tokens are not involved equally; #HEGIC uses it for staking and governance, #OPIUM uses it as an ERC721 tradable options contract, #OPYN uses it as a collateral for underlying assets. The models and mechanisms are vastly different. Today, we will cover the general model of how tokens are created, the value being accrued and the how tokens are being used in these systems. Learn more by getting the token economics ...
EP 36: Using Options as Volatility Hedge I DeFi Options Series
January 21, 2021 17:17 - 37 minutes - 51 MBWhat are options? Options are an agreement. Remember when you were young and you told your best friend "if we are both single by 40 years old, let's marry each other." It is an agreement to execute at that time. Similarly, you have that for financial products. Instead of marrying, you buy or sell financial products at a specific price. Why use options? There are a few reasons to use options, mainly because it is part of a trading strategy and it can be quite cost efficient with ...
EP 35: [DeFi Options Series] Market Volatility vs Implied Volatility
January 07, 2021 16:58 - 43 minutes - 59.8 MBIn 2021, we will switch it up. Instead of videos in bits and all over the place, we will create a monthly theme. This helps to divide the content out into sizable chunks and digest the information much better. Too much info in 1.5h is a bad thing! In January and February, the theme is options. Specifically, DeFi options. In this episode, we kickstart 2021 with an episode on volatility. Volatility is important to understand what options are. Then, we can understand more about defi options. ...
EP 34: Economics of Cross-chain DEX with Sifchain
December 22, 2020 13:54 - 1 hour - 82.9 MBDEX, AMM and bonding curve. Again, on this topic. I swear there is a lot of other innovation in the space too, but this week, I want to share something interesting with DEXes and their mathematical mechanism. You can guess that because we're having another whiteboard session! This week is a collaboration with block.science. And we will dive into Sifchain, a cross-chain DEX using Kosmos SDK that includes Layer 1 validation. 3 main things we will cover today: 1. Sifchain's rebalancing mo...
EP 33: True power of tokenisation.Combine derivatives and Repo to create interest-bearing FlexUSD
December 07, 2020 02:58 - 38 minutes - 36 MBIn this episode, we show the TRUE power of tokenisation. How? Interest earned from derivatives market and tokenise that mechanism. The DeFi space is getting more complicated with the derivatives market and bringing in elements of Repo into DeFi. Whilst this is really extremely exciting, one problem is that it gets more complicated to understand. This is what I have been talking about! DeFi is the experimental field and we find the various ways to tokenise value add and bring th...
EP 32: ELI5 15 DeFi and Crypto Terms || Human Glossary
November 23, 2020 04:00 - 30 minutes - 53.7 MBAs much as I want to say DeFi and crypto is easy to enter, it is not easy to fully grasp and understand it. First you need to understand technology. Then to understand math, finance and economics. This podcast is to help you bridge the learning gaps. A subscriber (shout out to Magnus) mentioned that a general ELI5 episode would be good to run through the few common terms. Here, I've picked up 15 terms that are commonly used. Instead of giving you the "just google what it means...
EP 31: Bonding Curve Application on Social Community Tokens | NFT
November 12, 2020 15:29 - 52 minutes - 48.6 MBWhat are social tokens? What are community tokens? This episode, we speak with Alex Masmejean to dive into the topic. Social tokens can be split into 2 categories: community tokens (signalling reputation) and personal tokens (investing in a person). Topics we cover: Bonding curve*: 7:23 Coordination vs speculation management via Treasury: 16:20 Revenue generation into bonding curve: 20:15 Risk in social tokens is promoting bad actions: 20:30 Onchain-offhchain data in...
EP 30: Insurance for Impermanent Loss with Bancor V2.1
November 06, 2020 02:32 - 45 minutes - 81.4 MBI started looking at Bancor years ago, because it had the same name as the world currency John M. Keynes had in mind. Their math fascinated me, and that's how I got started with the AMM rabbit hole! The Bancor V1 token economics analysis report (https://www.economicsdesign.com/portfolio/bancor/) is about how Bancor works and what the token does. Bancor has been working on a few improvements, from price slippage issues to impermanent loss. V2 of Bancor was about dynamic weight, which is some...
EP 29: Full Interview with Tyler Ward from BarnBridge [BONUS]
October 31, 2020 00:45 - 1 hour - 73.6 MBYou've listened to the episode on BarnBridge, how it works and suggestions to be made. Here's the full interview with Tyler Ward, as he explains what they are doing, what they can do in the future and how the tokens in Barnbridge works. Enjoy! The summary version with the product economics is the previous episode before this. Want more in-depth content? Join our patreon for premium content at www.patreon.com/economicsdesign
EP 29: Token Design and Financial Design of BarnBridge
October 26, 2020 15:24 - 44 minutes - 40.5 MBBarnBridge is a new defi product in the market. Unlike the existing defi products, BarnBridge goes to a new level of mixing the various existing protocols. This is unlike the usual episodes we cover. Usually, it's very economics design focused. This time, it's more of financial design focus. This is still relevant to economics, in terms of financial economics. In this episode, we dive straight to: - 4 tokens in BarnBridge and comparing them - Governance structure in #B...
EP 28: Economics of Nexus Mutual (2/2) $NXM
October 17, 2020 08:47 - 1 hour - 79.7 MBToday, we continue part 2 of the economics of insurance. This episode is a deep dive into Nexus Mutual, $NXM. I'm not saying that DeFi is all about bonding curve....... but I'm 100% going to talk about bonding curve. **Note: This bonding curve is DIFFERENT from the AMM bonding curve! Watch the previous video if you have not done because this is part 2: https://www.youtube.com/watch?v=i97PVvQrcnc This episode, we cover the general workings of Nexus Mutual and how they use...
EP 27: Flash Loans & Credit Delegation 101
October 08, 2020 06:00 - 33 minutes - 31 MBCrypto/DeFi is more than just the economics, mechanisms and code driving it. One of the other cool things is the innovation in business logic, systems and products. Being in the digital space opens up more opportunities to mitigate inefficiencies and create ways to increase value-add. Today, we are joined by Victor Lee, the CEO of Bitcurate. In this episode, we will dive into flash loans and credit delegation, new innovations by Aave, made possible with the composability of DeFi dapps. Stac...
EP 26: Economics of Insurance Industry (1/2) | Nexus Mutual
October 01, 2020 15:32 - 1 hour - 138 MBThe insurance business is one of the oldest in the world. Today, it's worth over US$5 trillion. Online insurance is only capturing US$31 billion. And in crypto, it's even smaller. That spells opportunities x1. The insurance industry is so inefficient. That spells opportunities x2. In this video, we dive into the economics of insurance. This helps us to better understand Nexus Mutual, when we do a deep dive in the next video! In the economics of insurance, we cover the Econom...
EP 25: 2 Risks in DEX, Price Slippage and Impermanent Loss
September 20, 2020 14:01 - 29 minutes - 26.7 MBDEXes are eating up the trading volume of centralised exchange. We covered many areas of DEX, from understanding the mechanism behind to understanding the various math formulas. In the comments, people were asking how to calculate impermanent loss and the risks available. So in this video, we cover 3 main things: What is the general formula for AMM What is the risk of trading within AMM (aka when you are a trader) What is the risk of adding liquidity in AMM and there is a price differenc...
EP 24: A Special Episode on Ponzinomics in Defi and Crypto
September 10, 2020 07:40 - 42 minutes - 39 MBThe plan for this week is to do a deep dive for Sushiswap. But friday happened and the weekend happened. A lot of gains is swiped out in the S&P financial market and defi financial market. And since the video on "Why DeFi is more than just a Ponzi Scam" has gotten quite a bit of traction, I figured it's good to talk more about Ponzinomics. For Sushiswap, the video will still be produced, with my hypothesis and analysis of the future of $SUSHI. It will be available to premium subscribers on ...
EP 23: How to use Bonding Curve Beyond DeFi
September 03, 2020 09:02 - 37 minutes - 34.7 MBWe've talked about bonding curves so many times. You'd think I've exhausted the content. HAH! Not a chance. Today, we have with us Jeff Emmett from the Common Stacks team, sharing with us about augmented bonding curves, generalised bonding curves and various "behind the scene" concepts of bonding curves. Absolutely follow him on twitter at https://twitter.com/jeffemmett. Want more in-depth content? Sign up at our Patreon at https://www.patreon.com/economicsdesign