Resilient DeFi with Kirk Hutchison | Layer Zero


Resilient DeFi with Kirk Hutchison | Layer Zero

Kirk Hutchison is the Co-Founder of Volt Protocol, an inflation hedged stablecoin built on Ethereum. Kirk is widely known as the gigabrain’s gigabrain when it comes to all things DeFi. As inflation continues to rise, Kirk couldn’t have joined at a better time. However, Kirk and David dive into much more than inflation. On this episode, Kirk explains symmetric money systems, self-referential feedback mechanisms, the problems with DeFi today, what Volt is and its future, and so much more. —— 📣 NOTIONAL | Real DeFi Yield l —— 🚀 SUBSCRIBE TO NEWSLETTER: 🎙️ SUBSCRIBE TO PODCAST: —— BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALED ETHEREUM m ❎ ACROSS | BRIDGE TO LAYER 2 s 🏦 ROCKET POOL | STAKE YOUR ETH l 👻 AAVE V3 | LEND & BORROW CRYPTO e ⚡️ LIDO | LIQUID ETH STAKING 🔐 LEDGER | NANO S PLUS WALLET —— Topics Covered: 0:00 Intro 4:45 What Kirk Thinks About 8:36 Decentral Bank Terms Explained 13:45 What is a PSM? 18:16 The Bankless Thesis 21:20 Fully Symmetric Money System 28:05 Why is Fixed Rate a Problem? 32:12 Self-Referential Feedback Mechanisms 40:45 The Problems with DeFi Today 47:40 DeFi Utopia vs. Dystopia 1:00:55 What is Volt & Its Future? 1:09:25 Governance Token Design 1:13:35 8% Yield to Combat Inflation in DeFi 1:19:20 Closing —— Resources: Kirk Volt Protocol —– Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: s

4 thoughts on “Resilient DeFi with Kirk Hutchison | Layer Zero”

  1. Living in an era when stables need to be over collateralized and instantly liquid but the national currency doesn't. Pray no bank on run on the bank.
    Great show.

  2. I don't think freeform podcast is the right format for this guest (vs a structured presentation). You can see:
    a. his mind struggling to get out all the info he wants as quickly as he wants (like a firehose struggling against the water pressure)
    b. the number of 'squirrel' tangents his mind wants to go down

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