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SotN#7 - EXPLOSIVE, Special Guest: DARYL LAU (YFI TOKEN MAGIC, ETH PUMPED, DEFI RISK)

Bankless

Bankless

Technology, Tech News, News

4.71.2K Ratings

🗓️ 28 July 2020

⏱️ 71 minutes

🧾️ Download transcript

Summary

STATE OF THE NATION #7 - Tuesday, July 28, 2020

Watch on the Bankless YouTube Channel

The State of the Bankless Nation is....EXPLOSIVE! The bankless boys discuss why.

Plus a special guest...Daryl Lau a YFI token governor!

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💸 AMPLFORTH - MONETARY EXPERIMENT FOR BASE MONEY - learn about this experiment!

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Covered:

  • TOPIC #1: YFI TOKEN MAGIC - w/ Daryl Lau
  • TOPIC #2: ETH PUMPED
  • TOPIC #3: DEFI RISK

Announcements:

We show: 

  1. YFI chart (craziest thing I've seen)
  2. yEarn total locked value  
  3. yEarn Governance
  4. Article on YFI by Daryl

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Episode Actions:

  1. Just one - Keep leveling up weekly

Also...subscribe to Bankless YouTube to watch State of the Nation every Tuesday!

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Don't stop at the show!

Subscribe to the Bankless newsletter program
http://bankless.substack.com/

Visit the official Bankless website for resources
http://banklesshq.com/

Follow Bankless on Twitter
https://twitter.com/BanklessHQ

Follow Ryan on Twitter
https://twitter.com/ryansadams

Follow David on Twitter
https://twitter.com/TrustlessState

Follow DeFi Dad on Twitter
https://twitter.com/DeFi_Dad


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Transcript

Click on a timestamp to play from that location

0:23.2

All right, everyone. Welcome to episode 7 of State of the Nation. So what we do on State of the Nation is we talk about what's happening in the Nation. I'm talking about the Bankless Nation, of course.

0:26.4

We related to big picture stuff, and then we drop some insights and action items.

0:31.4

This show comes out on YouTube because we like to show the

0:34.3

visuals when we can. It's all about the visuals, seeing David's face, seeing my face,

0:38.9

seeing our special guest face, being able to peek inside the graphs and some of the analytics behind the things that we're talking about and we leave you with a list of resources in the show notes to check out.

0:51.0

So this comes out on Tuesday. So it's Tuesday when you're watching this on

0:54.3

YouTube. You get it earlier when you subscribe to the channel. Make sure you do that. And

0:58.8

then we release it on the Bankless Podcast Stream on Wednesday so you can catch it via just audio that way David. How are you doing today sir?

1:10.0

Absolutely fantastic the the bankless nation has a lot of energy in it. So it's been absolutely wild seeing that energy grow and there's also just a ton of energy not just in the bankless nation in greater etherealium and even in the greater

1:25.4

cryptosphere at large. Lots of energy to talk about, so lots of topics to get through.

1:30.3

We have, yeah, like you mentioned, we did bring on a very special guest to help us dissect where

1:36.2

some of this energy is coming from, but we will get to that later.

1:40.1

Yes, yes, the secret intro.

1:42.0

All right, before we do, and before I ask you the question, David, so get your get your answer ready, sir. We should talk about our fantastic sponsors. I want to start by telling you a little bit about Argent. So Argent is a smart

1:56.1

contract wallet for Ethereum for all of these D-5 protocols, these money Legos, that I personally

2:01.2

use, David uses it. everyone I know in the bankless community

2:05.4

uses this wallet in some form or fashion because it is just drop dead, simple to use.

2:10.6

You get easy access to Ave, you get easy access to compound pool together,

2:15.8

Kiber, token sets, you can do all sorts of things with it. It's secure and easy to use.

2:20.8

So this is actually a great entry wallet for your friends and family.

2:25.3

This is like a Venmo type experience. It's all mobile. There's no seed phrase involved.

2:29.7

You can even set up social recovery, which is key.

...

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