Mento: Onchain FX Markets - Decentralising World Currencies - Markus Franke. Ep. 617 скачать в хорошем качестве

Mento: Onchain FX Markets - Decentralising World Currencies - Markus Franke. Ep. 617

TradFi FX markets are slow, expensive and often lack liquidity for direct swaps between different world currencies, having to route through USD pairs. While crypto could technically solve pairing through AMM pools, those needed to be arbitraged in order to reflect TradFi rates. With 15 fully-backed stablecoins, Mento is building the largest FX infrastructure, bringing world currencies onchain through its robust multi-currency stablecoin platform. In order to provide traders with accurate real-word FX rates, Mento employs FPMM (fixed-price market makers) which gather offchain data from multiple oracles. Instant settlement, cross-border, at a fraction of a cost of conventional remittance providers, while also avoiding traditional banking limitations. Backed by strong on- & off-ramp integrations, Mento also caters towards day-to-day use cases, empowering locals and businesses to diversify their FX exposure without the hurdles of TradFi. Mento enables smooth cross-currency transactions without traditional banking limitations, unlocking DeFi yield for a wide variety of currencies. Topics discussed in this episode: 0:00 - Introduction 3:07 - Markus’ background, from TradFi to DeFi 7:18 - Unbanking the banked 12:33 - Starting a stablecoin protocol on Celo 15:19 - The role of stablecoins 18:49 - FX markets & Mento’s design 34:42 - FPMM vs. AMM 40:16 - Mento’s target audience 52:02 - Centralised vs. decentralised stablecoins 59:30 - Mento governance 1:01:34 - M0’s approach 1:02:56 - Integrating with banking systems Links mentioned in this episode: Markus Franke on X: https://bit.ly/46zaYnw Mento on X: https://bit.ly/3W5IJaY Celo on X: https://bit.ly/46yQDP9 Sponsors: Gnosis: Gnosis builds decentralized infrastructure for the Ethereum ecosystem, since 2015. This year marks the launch of Gnosis Pay— the world's first Decentralized Payment Network. Get started today at gnosis.io - This episode is hosted by Friederike Ernst. More listening options: https://open.spotify.com/episode/2zWR...