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CRYPTO 101

Ep: 478 The Different Verticals of DeFi, With Sergej Kunz of 1inch Network

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6821 Ratings

🗓️ 25 October 2022

⏱️ 33 minutes

🧾️ Download transcript

Summary

In this episode of Crypto 101, we talk to Sergej Kunz of 1inch Network about his 36-hour sleepless hackathon creation of the company, the application of the 1inch token, Improving on Ethereum gas fees plus an overview of the different vertices in the DeFi space today. Guest Links: https://twitter.com/deacix Show Links: https://CRYPTO101podcast.com Twitter: https://twitter.com/Crypto101Pod https://twitter.com/BrycePaul101 https://instagram.com/crypto_101 Facebook: https://www.facebook.com/groups/101Crypto https://www.facebook.com/CRYPTO101Podcast **THIS IS NOT FINANCIAL OR LEGAL ADVICE** © Copyright 2022 Boardwalk Flock, LLC All Rights Reserved ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Fog by DIZARO https://soundcloud.com/dizarofr Creative Commons — Attribution-NoDerivs 3.0 Unported — CC BY-ND 3.0 Free Download / Stream: http://bit.ly/Fog-DIZARO Music promoted by Audio Library https://youtu.be/lAfbjt_rmE8 ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

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0:00.0

All right, everybody, welcome back to another episode of the Crypto 101 podcast.

0:15.2

I'm your host, Bryce, joined by Pizza Mind, my notorious co-host Aaron things good in your neck of the woods

0:25.5

Things are looking up I feel like it's time to finally start scaling into the markets a little bit

0:31.0

And with that we need the right tools to do so

0:34.5

I'm still a huge believer in defy I don't't care what the prices are. I don't care what the

0:39.0

liquidity is. I think this is really, really the future. And for me, it's the present. And one of the

0:46.5

tools that I like to do is called one inch. And this is an amazing Dex aggregation exchange that allows me to source liquidity from all over the place.

0:57.5

Because as you know me, I like the really, really obscure coins that no one's ever heard of.

1:02.4

That maybe has $1,000 over here and $100 over there.

1:06.4

And if I'm going to build a position, I need help.

1:08.9

So I'm really, really excited for our guest

1:11.8

today who's done a tremendous job in helping me along my way. Yeah, we have Sergei Kuntz with

1:18.1

the one-inch network joining us, the co-founder. Sergei, welcome to the Crypto 101 podcast.

1:25.6

Hi, everyone. It's a pleasure to.

1:27.9

It's we here.

1:28.9

Yeah.

1:33.0

So, you know, as we were kind of like research and a little bit about the history of the one inch network, we realized that it was kind of developed.

1:36.9

The initial beta product was developed at a hackathon in under 24 hours.

1:43.4

Could you tell us a little bit about that founding story?

1:47.0

So actually, we spent like 36 hours without sleep.

1:54.0

Yeah, it was really crazy. It was really hard.

1:59.0

At the end of the hackathon, the room behind me

...

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