Welcome to Dless, where we explore the frontier of Internet money and Internet

Finance. This is how to get started, how to get better, and how to front run the

opportunity. This is Ryan Sean Adams. I'm here with David Hoffman and we're here to help you become more bankless. David, how are you doing today, sir?

Doing just fantastic, Ryan. We had Joey Krug on the Bankless

podcast. For those that don't know, Joey is the founder of the Auger

Protocol, but even before that Joey was a member of the Bankless community before the

Bankless community was a community and so it was really exciting to get him on the

podcast because not only is he a builder in the defy space but not only is he a

defy builder but he's just totally multi-disciplinary.

Since he's been so close to the action he's been able to gather a bunch of different perspectives as to what it is what it means to be part of the bankless world and so getting him on to talk about these various things talking about oracles talking about DFI talking about

tokens versus equity and what's going on with liquidity mining was a really

valuable conversation and we really hit just a wide variety of subjects from someone who's really close to all of the

action. To me this was an incredibly concise conversation like we hit on so many

different topics and he had very concise mental models for each of them.

It was just incredible from that perspective.

And we of course asked him about the Triple Point Asset Thesis,

which we are two for two on guests giving the general thumbs up on the triple point

asset thesis for ether. So, you know, big fan of that. So thanks for the thumbs up, Joey.

Yeah, absolutely. He also talked about we talked about ample forth too, which is something that Pantera, which is his investment firm invested in and he used this term Hayek money, which is super interesting interesting we got a new discussion about like like what is money in

crypto and whether ample forth can be a good collateral for Defi that was a very

interesting threat of conversation that I think

listeners will enjoy. Yeah, the ample fourth world is getting a lot of traction and a lot of

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