AMA - Hugh Karp of Nexus Mutual
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 24 September 2020
⏱️ 60 minutes
🧾️ Download transcript
Summary
September 21, 2020
-----
Tools from our sponsors to go bankless:
🌐 UNSTOPPABLE DOMAINS - GET A HUMAN READABLE CRYPTO DOMAIN
🌈 ZAPPER - ULTIMATE HUB FOR DEFI - ZAP INTO DEFI
💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS
💸 AAVE - LEND AND BORROW DEFI ASSETS
-----
AMA with Hugh Karp the Founder of Nexus Mutual
Hugh Karp returns to the Bankless Nation to answer some of the question the community has from listening to his recent podcast!
------
Resources:
Bankless Podcast with Hugh:
http://podcast.banklesshq.com/31-nexus-mutual-to-billion-hugh-karp
Read: How to assess the risks of a lending protocol?
https://bankless.substack.com/p/how-to-assess-the-risk-of-lending
Read: how to protect against hacks with Nexus
https://bankless.substack.com/p/how-to-protect-against-hacks-with
Nexus Metrics Tracker: https://nexustracker.io/
DeFi Dad Explainer Video: https://www.youtube.com/watch?v=rnzInsKPLR0
Rate the Podcast 5 Stars
-----
Subscribe to podcast on iTunes | Spotify | YouTube | RSS Feed
Leave a review on iTunes
Share the episode with someone you know!
-----
Don't stop at the podcast!
Subscribe to the Bankless newsletter program
Watch Bankless shows and tutorials on YouTube
Visit official Bankless website for resources
Follow Bankless on Twitter
Follow Ryan on Twitter
Follow David on Twitter
-----
Not financial or tax advice. This podcast is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Do your own research.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | This episode of Bancliffe is brought to you by Awe. |
| 0:02.8 | Awe is a great place to borrow and lend digital assets on Ethereum. |
| 0:07.6 | You can deposit your preferred asset of choice in order to borrow a different asset which |
| 0:11.7 | is particularly good for yield farming if you want to deposit your ether instead of selling |
| 0:15.6 | it so you can borrow, die, or USDC to yield farm with. |
| 0:19.0 | One of the cool things about Awe is that it offers you two various interest rates, a variable |
| 0:23.2 | one that changes as the market does, or a stable one that gets fixed in for the long |
| 0:27.8 | term. |
| 0:29.8 | We're also brought to you by Monolith. |
| 0:32.6 | Monolith is a really important tool to help you go Bancliffe but still let you buy your |
| 0:36.7 | groceries at your local grocery store. |
| 0:39.4 | Monolith will ship you a very sexy Visa card that you can use wherever Visa is accepted |
| 0:44.0 | which is basically the whole world, but instead of using the dollars in your bank account |
| 0:47.8 | it uses the die in your Monolith smart contract wallet. |
| 0:51.8 | Check them out at monolith.xyz and get your Monolith Visa card today. |
| 0:56.2 | You know that random string of characters that you have to pass to your friends and family |
| 0:59.5 | to show them what your Ethereum address is and they just don't get it? |
| 1:02.6 | Unstoppable domains fixes that problem. |
| 1:04.9 | With unstoppable domains you get a human readable name so you can tell them to instead of paying |
| 1:10.2 | you at 0x1743Q4 you can just tell them, hey, pay me at davidhoffman.xyz or davidhoffman.zil. |
| 1:19.9 | You don't have to ever worry about sending the wrong address because it's human readable. |
| 1:24.6 | This works for not just Ethereum but for Bitcoin, for Litecoin, for any blockchain that works |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bankless, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bankless and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

