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CRYPTO 101

Ep. 550 Changing Money Like the Internet Did for Communication with Vega Protocol

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6821 Ratings

🗓️ 6 July 2023

⏱️ 36 minutes

🧾️ Download transcript

Summary

In this episode of Crypto 101 we talk to Barney Mannerings the Co-Founder of Vega Protocol which is a decentralized DEX that works on launching blockchains where builders can create their own markets instead of delivering pre-chosen markets like most DEX’s.  Barney teaches us how Vega is more of a tool than a DEX and is meant for builders to build their own markets so traders can use them instead of traders making markets.

 

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Transcript

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0:00.0

All right, everybody, welcome back to another episode of the Crypto 101 podcast, wherever you guys are in the world, morning, noon, or night.

0:19.5

You guys are certainly in the right place. We are joined by an international

0:23.8

superstar today. Yes, this is Barney Mannerings, reigning from the good town of London. Barney

0:31.2

is the co-founder of Vega Protocol. So we're going to dive into options and trading and volatility and all that good

0:38.3

stuff. But first, Barney, how are you doing this evening?

0:42.7

I'm great. Great to be here and looking forward to diving in.

0:47.4

Yeah, likewise. And Aaron, Mr. Pizza Mind Malone, my international co-host.

0:54.8

Only a few days left in Texas.

0:57.3

How are you doing, my friend?

0:59.4

To be honest, I'm a little nervous.

1:01.3

It's a big, big change in life, but I'm going to step up to the plate.

1:05.9

I'm going to take a swing, and I can always come back if I don't like what I find.

1:11.3

But Brazil is surprisingly flush with pizza.

1:15.9

I'm going to try all I can get down there.

1:18.7

But that's not the story of today.

1:20.5

The story of today is Vega Protocol.

1:23.5

And I thought this had something to do with Street Fighter,

1:26.2

but apparently it means something different.

1:28.5

Well, what is, why did you name this Vega protocol?

1:30.9

What is the real deal going on over here?

1:33.5

Yeah.

1:34.1

So Vega, in options pricing and derivatives, there are a number of kind of values, numbers that you calculate in the maths which are used to measure risk in derivatives and options.

...

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