Ether.fi CEO Mike Silagadze joins as a Guest Host to discuss the controversies and issues surrounding the Starknet airdrop, the phased rollout of Soroban smart contracts on the Stellar blockchain and the concept of liquid restaking incentives and rewards.
This episode is sponsored by the Stellar Community Fund
Follow the show here for more.
In this installment of "The Protocol," hosts Brad Keoun, the founding editor of The Protocol Newsletter, and tech journalists Sam Kessler and Margaux Nijkerk, explore the following stories:
Starknet Airdrop Coverage
Starknet Token STRK begins trading at $5 after a mammoth airdrop. A Fully diluted value of STRK reached as high as $50 billion with an initial market cap of $3.64 billion.
Stellar Starts 'Soroban' Smart Contracts
The "Protocol 20" upgrade, which adds support for Ethereum-style smart contracts to the decade-old payments-focused blockchain, had been delayed by three weeks due to precautions after a bug was found.
Liquid Restaking Landscape
New liquid restaking platforms like Puffer and Ether.Fi have attracted billions of dollars in deposits, but they've birthed a speculative "points" frenzy that carries some risks.
PROTOCOL VILLAGE GUEST HOST |
Mike Silagadze, CEO and Founder at Ether.fi - the first ETH staking protocol that allows stakers to maintain full control of their keys throughout the entire staking process, making it the only truly decentralized liquid staking platform.
Takeaways |
- Controversies and issues often arise with airdrops, including eligibility criteria and token unlocks.
-The introduction of smart contracts on established blockchains can rejuvenate the ecosystem and attract new users.
-Liquid restaking is a natural extension of proof-of-stake blockchains and allows users to stake their assets while maintaining liquidity.
-Points in liquid restaking protocols have sparked speculation and trading frenzy, but their future value is uncertain.
-The explosive growth in the liquid restaking market may experience a correction in the future. The money printer being turned on again has led to a speculative frenzy in various markets, including crypto.
-Restaking has become a focal point of speculation and value creation in the crypto space.
-EtherFi aims to become a trusted brand for holding ETH and accessing DeFi, with plans to roll out integrated products over time.
Sign Up for THE PROTOCOL NEWSLETTER
EPISODE LINKS |
Starknet Token STRK Begins Trading at $5 After Mammoth Airdrop
Popular Podcasts
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
NFL Daily with Gregg Rosenthal
Gregg Rosenthal and a rotating crew of elite NFL Media co-hosts, including Patrick Claybon, Colleen Wolfe, Steve Wyche, Nick Shook and Jourdan Rodrigue of The Athletic get you caught up daily on all the NFL news and analysis you need to be smarter and funnier than your friends.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.