32. Alchemix V2, Curve Wars, and competitive APYs with DeFi maxi Scoopy Trooples

On this episode of Koji Conversations, Jack chats to Scoopy Trooples from Alchemix.
Alchemix is a forward-thinking DeFi protocol offering users self-repaying loans via earned yield.
Scoopy is an absolute gigabrain offering an in depth explanation of the protocol, plans for V2, the multichain future, as well as discussing the current Curve Wars, the future Toke Wars and Alchemix's multi-chain future.
JOIN HIS COMMUNITY
Alchemix twitter: https://twitter.com/AlchemixFi (@AlchemixFi)
Scoopy’s twitter: @scupytrooples
Site: https://alchemix.fi/ (https://alchemix.fi/)
QUESTIONS
1:31 - Let’s start at the very beginning, what's the TLDR of Alchemix?

2:14 - Can we go into how you’re planning to expand it out and what sort of benefits there are for users in V2?

5:38 - So at the start of V2 all of those are going to be permissioned, so I'm imagining there's going to be some layer of bribing on top of that to know what sort of strategies are going to be implemented first or is it just pushed out by the team?

7:39 - So if I'm understanding that correctly one of the most basic use cases would be I could have someone helping me pay off my loan?

8:39 - It sounds like there could be a cool integration with Superfluid or something like that, is that in the pipeline?

9:04 - So with the collateral types, with V2 it’s still permissioned, there's going to be a couple more stable coins that are going to be used. And you’re going to use FRAX as well, eventually is the full vision to expand that out to permissionless collateral types or is it always going to be permissioned?

10:16 - And for the listeners that aren't fully aware, would you be able to break down EIP4626 and why it’s sort of a game changer for vaults and vault strategies?

12:18 - You were talking about before the call started, Frax finance, you were admiring the things they’ve implemented and are thinking about using some of what they’ve done in Alchemix, would you be able to run through that for the listeners?

17:32 - So with the DAI that is then liquidated by the individual, and now it’s in the POL of Alchemix, you then use that in Convex to complete the flywheel?

20:12 - And you said you’re going into Curve wars, I feel with all the projects you just named it sounds like every single one of those players are playing in the Curve wars to some degree, why is it important that Alchemix is entering the fray?

23:21 - Why are people fighting over Curve liquidity, the stable coin liquidity and Curve, and secondly why is this only something people are talking about now?

25:02 - Why are people only concerned about Curve wars now? It seems like it’s a narrative that has become pretty popular in the past couple months

26:21 - What is the end game for stable coins? Some of them fail, a bunch of them could win, is there a stable coin aggregator? I know that Mstable kind of runs that line already, does an aggregator also win?

28:40 - From what I hear right now there's a mechanism in which some stable coins are selected and not selected. Do you think there is a future where you're looking to make that its own bribable mechanic?

29:33 - Are the Toke Wars one real, or is it two, just playing into the narrative and playing into the hype?

30:50 - It feels like over the last three months, a lot of major projects have moved away from just being applications, so I come to Alchemix and I use it for collateralised loans that repay themselves. Now it’s not just the service I'm receiving but the protocol is also doing so much in the background to retain its position within this growing ecosystem, do you think it’s going to be a continuation of competition for survival in this space?

32:58 - When is that going to be? Not to put you on the spot with a timeline

34:02 - I guess another one of the key topics that you hear about in the progression of the crypto space and DeFi is the need for going multichain. So is that...

On this episode of Koji Conversations, Jack chats to Scoopy Trooples from Alchemix.

Alchemix is a forward-thinking DeFi protocol offering users self-repaying loans via earned yield.

Scoopy is an absolute gigabrain offering an in depth explanation of the protocol, plans for V2, the multichain future, as well as discussing the current Curve Wars, the future Toke Wars and Alchemix's multi-chain future.

JOIN HIS COMMUNITY

Alchemix twitter: @AlchemixFi

Scoopy’s twitter: @scupytrooples

Site: https://alchemix.fi/

QUESTIONS

1:31 - Let’s start at the very beginning, what's the TLDR of Alchemix?

2:14 - Can we go into how you’re planning to expand it out and what sort of benefits there are for users in V2?

5:38 - So at the start of V2 all of those are going to be permissioned, so I'm imagining there's going to be some layer of bribing on top of that to know what sort of strategies are going to be implemented first or is it just pushed out by the team?

7:39 - So if I'm understanding that correctly one of the most basic use cases would be I could have someone helping me pay off my loan?

8:39 - It sounds like there could be a cool integration with Superfluid or something like that, is that in the pipeline?

9:04 - So with the collateral types, with V2 it’s still permissioned, there's going to be a couple more stable coins that are going to be used. And you’re going to use FRAX as well, eventually is the full vision to expand that out to permissionless collateral types or is it always going to be permissioned?

10:16 - And for the listeners that aren't fully aware, would you be able to break down EIP4626 and why it’s sort of a game changer for vaults and vault strategies?

12:18 - You were talking about before the call started, Frax finance, you were admiring the things they’ve implemented and are thinking about using some of what they’ve done in Alchemix, would you be able to run through that for the listeners?

17:32 - So with the DAI that is then liquidated by the individual, and now it’s in the POL of Alchemix, you then use that in Convex to complete the flywheel?

20:12 - And you said you’re going into Curve wars, I feel with all the projects you just named it sounds like every single one of those players are playing in the Curve wars to some degree, why is it important that Alchemix is entering the fray?

23:21 - Why are people fighting over Curve liquidity, the stable coin liquidity and Curve, and secondly why is this only something people are talking about now?

25:02 - Why are people only concerned about Curve wars now? It seems like it’s a narrative that has become pretty popular in the past couple months

26:21 - What is the end game for stable coins? Some of them fail, a bunch of them could win, is there a stable coin aggregator? I know that Mstable kind of runs that line already, does an aggregator also win?

28:40 - From what I hear right now there's a mechanism in which some stable coins are selected and not selected. Do you think there is a future where you're looking to make that its own bribable mechanic?

29:33 - Are the Toke Wars one real, or is it two, just playing into the narrative and playing into the hype?

30:50 - It feels like over the last three months, a lot of major projects have moved away from just being applications, so I come to Alchemix and I use it for collateralised loans that repay themselves. Now it’s not just the service I'm receiving but the protocol is also doing so much in the background to retain its position within this growing ecosystem, do you think it’s going to be a continuation of competition for survival in this space?

32:58 - When is that going to be? Not to put you on the spot with a timeline

34:02 - I guess another one of the key topics that you hear about in the progression of the crypto space and DeFi is the need for going multichain. So is that on the timeline, where are you looking to go first and what gets you excited in this multichain future?

36:21 - Why would you say you’re an ETH maxi?

37:51 - Obviously Yearn is not there, is ZK sort of on the roadmap as well if it ever were to come into play?

39:32 - Yeah I was about to mention, did you read the Vitalik reddit post on the dangers of a 51% attack in a highly homogenous multichain future? What’s your take?

Join this Koji Conversation, with Scoopy from Alchemix.

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