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Unchained

The Chopping Block: Does the New Terra Have Any Chance? - Ep. 358

Unchained

Laura Shin

Business News, News, Tech News

4.6 • 1.3K Ratings

🗓️ 2 June 2022

⏱️ 61 minutes

🧾️ Download transcript

Summary

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra chop it up about the latest news in the digital asset industry. Since Robert Leshner couldn’t make it, Laura also decided to hop on the show too! Show topics: how Terra is trying to rebuild what its value proposition is why Laura is surprised at how fast Do Kwon began shitposting again how teams affected by the Terra collapse, like Delphi Digital and Mars Protocol, are responding how its implosion will affect Cosmos why Tarun thinks Osmosis’ purchase of Keplr was the “best” purchase in crypto history whether the collapse of UST could help Cosmos in the long run what the legal implications of UST’s depeg will be whether Terra was a fraud like Theranos why Tarun thinks that investors should be sued for getting clients involved in Terra why Tarun thinks regulators are against 24-hour trading why Tarun thinks Matt Levine is a “boomer” what FTX’s chances are in getting approval from the CFTC to be the engine for 24-hour derivatives trading why NFTs are denominated in ETH/SOL instead of fiat why Tom doesn’t think airdrops matter what went wrong with the OP token drop   Hosts   Haseeb Qureshi, managing partner at Dragonfly Capital https://twitter.com/hosseeb Tom Schmidt, general partner at Dragonfly Capital https://twitter.com/tomhschmidt Tarun Chitra, managing partner at Robot Ventures https://twitter.com/tarunchitra    Guest Laura Shin, host of Unchained https://twitter.com/laurashin    Show Topics Terra revival plan https://www.protocol.com/bulletins/terra-blockchain-restart-approved  LUNA 2.0 https://fortune.com/2022/05/30/do-kwon-luna-2-airdrop-plunges/   LUNA airdrop calculation issues:  https://twitter.com/terra_money/status/1531410663674888192  https://agora.terra.money/t/terra-ecosystem-revival-plan-2-passed-gov/18498  Delphi Digital https://www.theblockcrypto.com/post/147755/delphi-digital-admits-we-were-wrong-on-terra-stablecoin-risks  Luna Classic https://www.theblockcrypto.com/post/149361/mirror-protocol-suffers-new-exploit-and-could-be-drained-in-hours  https://www.theblockcrypto.com/post/149342/a-90-million-defi-exploit-on-terra-went-unnoticed-for-seven-months  Korean prosecutors are looking to crackdown on Terra https://www.theblockcrypto.com/post/149309/terraform-labs-employees-summoned-korea-prosecutors-ust-luna  Adam Neumann crypto project ​​https://www.vox.com/recode/23142106/adam-neumann-crypto-carbon-credit-offset-flowcarbon  FTX and CFTC and CME https://twitter.com/aguye_/status/1529547230318718976  ​​https://www.theblockcrypto.com/linked/143792/as-it-weighs-ftx-proposal-cftc-announces-a-roundtable-on-disintermediation  https://www.theblockcrypto.com/post/148786/cftc-roundtable-on-ftx-proposal-highlights-barriers-in-clearing-of-digital-vs-physical-assets  Farmers vs FTX https://twitter.com/fintechfrank/status/1531605653269188608  CME word salad https://twitter.com/fintechfrank/status/1524811596421382144  Optimism Airdrop https://twitter.com/epolynya/status/1531719021833334784?s=21&t=MoImAkB4p8qwOV3p63sSnw https://dune.com/hildobby/op-airdrop    Unchained Coverage on Optimism https://unchainedpodcast.com/will-optimisms-op-token-draw-people-back-to-layer-2s-on-ethereum/    Unchained Coverage on Osmosis and Keplr https://unchainedpodcast.com/how-osmosis-is-trying-to-improve-the-crypto-user-experience/    Unchained Coverage on FTX x CFTC https://unchainedpodcast.com/ftx-wants-to-compete-with-cme-heres-why-its-a-big-deal/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello, everybody.

0:04.2

Welcome to the chopping block.

0:05.4

Every couple of weeks, the four of us get together and give the industry insider's perspective

0:09.1

on the crypto topics of the day.

0:11.4

So quick and chose.

0:12.4

First, we've got Tom, the DeFi Maven and Master of Memes.

0:15.4

Next up, we've got Terune, Gigabrain and Grand Poo-Bot Conlet.

0:18.8

We'll have joining us about halfway through Robert, the crypto connoisseur and captain

0:21.8

of compound.

0:22.8

He's in the middle of something, but he'll be joining us.

0:24.7

And then we have myself, Steve, I'm the head height man of Dragonfly.

0:27.7

And today, subbing in for Robert, because Robert can make it during the first half of

0:32.9

the show.

0:33.9

We've got Laura, the CEO of the show, as I know she loves to be introduced.

0:38.6

Quick caveat.

0:39.6

The four of us are early stage investors in crypto, but I want to caveat that nothing we say

0:42.5

here is investment advice or legal advice.

0:44.8

Three.

0:45.8

Even life advice.

0:46.8

Three, three.

0:47.8

The three of us, the three of us, Laura is not an investor as she often likes to remind

0:50.9

us.

...

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