Austin Federa: Is SOL Money?
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 10 August 2023
⏱️ 62 minutes
🧾️ Download transcript
Summary
Bankless hasn’t had the most coverage of Solana, the network, and SOL, the asset, but in this episode that changes. Our guest, Austin Federa is Head of Strategy at the Solana Foundation and is the host of the Validated podcast.
David was recently a guest on Austin’s podcast where they went back and forth on some of the cultural and philosophical differences between the Solana and Ethereum projects. Today is a continuation of that episode.
Despite some differences in community perspectives, Austin brings a fresh perspective on the design philosophy that relates Solana the network to SOL the asset and so much more.
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TIMESTAMPS
0:00 Intro
6:50 Programmable SOL Values
8:10 SOL’s Story Arc
12:25 SOL’s Architecture & Utility
17:30 SOL’s Economic Sustainability Model
19:20 SOL’s Triple Point Asset Thesis
25:15 Solana’s LSDs
28:48 Solana’s MEV Philosophy
33:56 End Game of Solana MEV
40:00 Ethereum vs. Solana
50:00 Market Cap, Values, & Layers Debate
1:00:15 Closing & Disclaimers
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RESOURCES
Austin Federa
https://twitter.com/Austin_Federa
157 - Will Solana Make It with Anatoly Yakovenko
https://youtu.be/zlx64JjXlgQ
Solana is Launching a Phone? | Co-Founders Anatoly & Raj
https://youtube.com/live/9wfNeVTtBz0
The Philosophy of Ethereum According to Bankless' David Hoffman
https://solana.com/validated/episodes/the-philosophy-of-ethereum-according-to-bankless-david-hoffman
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. See our investment disclosures here:
https://www.bankless.com/disclosures
Transcript
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| 0:00.0 | I think as we go into the future, no one can really say |
| 0:03.1 | what's going to happen here. |
| 0:05.0 | We all just need to figure out what are the best defense |
| 0:07.3 | mechanisms to prevent the sort of bad scenarios |
| 0:10.3 | from happening that we don't want to have happen. |
| 0:12.7 | Welcome to Banclists, where we explore the frontier |
| 0:18.0 | of internet money and internet finance. |
| 0:19.9 | And today on the show, we've got some bonus content |
| 0:21.5 | for your banclization, an episode diving into the nature |
| 0:24.6 | of soul, the asset, and the economics of Solana, |
| 0:27.8 | the ecosystem. |
| 0:28.8 | We haven't done too much Solana content on Banclists |
| 0:31.7 | before. |
| 0:32.6 | So little, in fact, I'd say that it's actually kind of a meme |
| 0:35.6 | that Banclists just doesn't produce Solana content. |
| 0:38.2 | We've had Anatoli and Raj on once to discuss the Solana |
| 0:41.9 | phone. |
| 0:42.6 | We had Anatoli himself exclusively |
| 0:44.8 | on earlier this year post FTX collapse |
| 0:47.7 | to give us the Solana story. |
| 0:49.6 | And then I also went on the validated podcast, which |
| 0:52.3 | shorthand is just the Solana podcast hosted by Austin Federer |
... |
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