Do Kwon Is Backing UST With Bitcoin – And Here’s What Else He Is Building - Ep.335 скачать в хорошем качестве

Do Kwon Is Backing UST With Bitcoin – And Here’s What Else He Is Building - Ep.335

Do Kwon is the CEO of Terraform Labs and a director at Luna Foundation Guard. On Unchained, he explains why LFG is spearheading a plan to partially back Terra’s $15 billion stablecoin UST with Bitcoin. He also dives into another project idea that would transform developer salaries into financial assets that, as far as I can tell, he has not yet spoken about publicly. Part 1: Everything you need to know about Terra, UST, and BTC. how Terra works and why Do thinks UST will soon be the third-largest stablecoin ● why Do and LFG decided to back UST with bitcoin ● why Do thinks LUNA’s price will continue to appreciate despite UST’s new dependence on bitcoin ● how UST might perform if the price of a bitcoin were to crash ● why diversifying UST with different types of collateral could help Terra politically ● how LFG plans to use bridges, smart contracts, and an AMM reserve pool to secure its bitcoin ● why Do thinks Terra is now a Layer 2 project for Bitcoin ● who is deciding to purchase bitcoin and who determines what other assets to purchase as collateral for UST ● how a bitcoin reserve pool would help UST not de-peg from the dollar ● whether Do thinks Anchor’s 19%+ yield is sustainable and why Anchor is moving to other chains Part 2: Do, the self-described “toymaker” of DeFi. ● why Do is fascinated with creating a fungible labor market ● how developer working hours could become a token traded on an AMM and used to take out loans ● why Do thinks developer salaries in crypto should be cyclical ● how on-chain identity and history will be similar to credit scores ● why Do is a personal fan of Thorchain – but is reticent to use it as a bridge for LFG ● why Do is interested in Prism Protocol ● what Do thinks the impact of a pro-crypto president will have on South Korea Unchained announcement https://lawandcrime.com/uncahined-pod... Book events Keep up on all the latest events here! https://www.laurashin.com/book/#tour-... Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconf... Beefy Finance: https://beefy.finance Cross River Bank: https://crossriver.com/crypto Upcoming Book Events Wednesday, March 30: I’ll be speaking (remotely) with Six Senses about The Cryptopians at 2 pm ET. Be sure to save your spot soon – space is limited! Tuesday, April 5: I will be doing a reading and signing hosted by the City of Miami Beach and Future Perfect Ventures at Sky Yard from 6-8 pm. Jalak Jobanputra, CEO of Future Perfect Ventures will be interviewing me. You need to RSVP by April 1 to dianafontani@miamibeachfl.gov. Saturday, April 9: I will be on a panel at the Annapolis Book Festival at 11 am. Tuesday, April 12: I will be at StartupGrind’s global event in Redwood City, which is focused this year on Web3 (time → TBD). May 4-7: I will be in conversation with author Jimmy Soni at the PBS Seattle Crosscut Festival, which takes place from May 4-7. May 23-25: I will be at the Oslo Freedom Forum which takes place from May 23 to 25. Details on these events are TBD. Episode Links Do Kwon   / stablekwon   Previous Unchained appearance:    • Why Terraform Labs Cofounder Do Kwon Is Un...   Terra Twitter:   / terra_money   Luna Foundation Guard: https://lfg.org/team/ LFG Purchases Pomp – the $10B Bitcoin Bet on Stablecoins https://pomp.substack.com/p/the-10-bi... 3/10 BTC purchase   / 1503680315969060864   $1 BTC billion purchase   / 1496162889085902856   TFL x LFG relationship   / 1502225674840555523   Terraform Labs proposal to make Terra inter-chain https://agora.terra.money/t/ust-goes-... Anchor Going Cross Chain to Avalanche   / 1504309092411920387   Jump’s BTC reserve proposal   / 1506736478449127425   Recent worries about Anchor APY being sustainable Do said Anchor yield shouldn't be sustainable (marketing scheme)   / 1503154137420079107   Arca + Polychain proposal:   / 1502024302526304262   South Korea’s new President https://asia.nikkei.com/Spotlight/Cry... SEC subpoena https://www.coindesk.com/policy/2021/...