In this episode of I Pledge Allegiance, host Derek Hsue chats with Michael Shaulov from Fireblocks and Roshun Patel from Genesis. Michael is the CEO and Founder of Fireblocks, and Ro is VP of Lending at Genesis. The focus of this episode is Fireblock's recent Aave Arc proposal, which paves the way for institutional, KYC'd pools for DeFi. Additionally, we talk the downstream effects of institutional pools on DeFi, and how players like Fireblocks and Genesis might get involved in the future.


Show notes and links included below.


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Aave Arc Proposal: https://governance.aave.com/t/add-fireblocks-as-a-whitelister-on-aave-arc/5753


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Follow us on Twitter: @derek_hsue | @FireblocksHQ | @roshunpatel


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Show Notes:


(0:48) - What is Fireblocks' and how do they support DeFi today?


(4:31) - What is Genesis?


(7:09) - What is Aave Arc, and what are institutional pools for DeFi?


(12:23) - How will rates differ between existing and institutional pools?


(14:32) - How does Michael respond to people who don't think KYC or regulation should be part of DeFi?


(18:56) - What was Fireblocks' experience going through the governance process, compared to traditional B2B?


(23:20) - Ro's view on the second order effects of institutional pools on the broader DeFi market.


(26:50) - How does Rho think regulated institutions will participate in on-chain governance?


(28:30) - What will tokenholders care about when voting on institutional governance participants?


(32:44) - How will Aave Arc and institutional pools affect the average DeFi user today?