DeFi Liquidity Crisis: The Hidden Costs of Liquidity (w/ Lucidly Finance)

How do DeFi protocols decide how much yield to pay liquidity providers? Or better yet, how do they even know their cost of capital? In this episode of the TEACHMEDEFI podcast, Sohejl chats with eth_sign from Lucidly Finance to break down one of DeFi’s secrets: the mechanics of liquidity renting. Together, we explore how protocols currently navigate inefficient markets, the role of market makers, and what it takes to attract liquidity providers sustainably. We chat about how incentive structures often miss the mark, and why understanding capital costs is critical for a protocol’s survival. Eth_sign also shares Lucidly Finance’s vision of creating a transparent, more efficient liquidity market—one where incentive negotiation is key to balancing provider returns with protocol costs. If you’ve ever wondered how DeFi liquidity works behind the scenes or what’s next in evolving on-chain financial infrastructure, this episode is for you. 📣📣📣 Building something exciting & want to come on the show or collaborate with us?  Email us at  👉👉 [email protected] 👈👈 or DM us on X: https://www.twitter.com/teachmedefi 👉 Please share this if you learned something! What should we discuss next? Comment!  👉 Fed up with crypto influencers? Follow us for quality education. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Guest Links / Additional Material: Lucidly Website: https://lucidly.finance/ Lucidly App: https://app.lucidly.finance/ Lucidly on X: https://x.com/LucidlyFinance ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▸ Find us on Youtube: https://www.youtube.com/@teachmedefi ▸ Find us on  𝕏: https://x.com/TEACHMEDEFI ▸ Find us on Instagram: https://instagram.com/TEACHMEDEFI ▸ Find us on TikTok: https://www.tiktok.com/@teachmedefi_official ▸ Find us on Podcast Streaming Sites: https://podcasters.spotify.com/pod/show/teachmedefi ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Timestamps: 00:00 - Intro 00:44 - BetterOnStellar Campaign 01:36 - Onchain Liquidity Renting 13:00 - Liquidity Provision & Protocols 18:00 - Simple Explanation 19:18 - Finding The Cost of Capital 20:40 - User Interface Showcase 25:20 - Go-To-Market Strategy 27:20 - What’s Next? -------------- Disclaimer: TEACHMEDEFI is a provider of entertainment and opinions. We are neither a broker/dealer nor an investment advisor. This is not a service for issuing or receiving financial or investment advice. None of our content constitutes a recommendation – or should be understood as such – to conduct transactions in securities, cryptocurrencies, or crypto-assets, or to engage in any of the investment strategies presented in our discussions or provided content. We do not provide personalized recommendations or views on whether a stock, cryptocurrency, crypto-asset, or investment approach is suitable for the financial needs of a particular individual.

In this episode, we sit down with Markus, co-founder of Script3, to dive into Blend Protocol, a cutting-edge lending and liquidity protocol built on Stellar’s Soroban smart contract platform. Markus explains how Blend serves as a critical DeFi primitive, enabling highly customizable lending pools and efficient liquidity allocation for on-chain ecosystems. With innovative features like algorithmic interest rates and mandatory insurance modules, Blend is built to make lending safer and simpler for developers and users alike. We discuss why lending is foundational for any blockchain’s financial ecosystem, how Blend was developed alongside Stellar’s Soroban VM, and why Stellar’s ecosystem provides a unique opportunity for real-world financial inclusion. Markus also shares his thoughts on the altruistic ethos of the Stellar community, the challenges of driving liquidity growth, and the team’s focus on mass-market adoption rather than just serving crypto-native users. Learn more about Stellar here: https://bit.ly/tmd-stellar #sponsored 📣📣📣 Building something exciting & want to come on the show or collaborate with us?  Email us at  👉👉 [email protected] 👈👈 or DM us on X: https://www.twitter.com/teachmedefi 👉 Please share this if you learned something! What should we discuss next? Comment!  👉 Fed up with crypto influencers? Follow us for quality education. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Guest Links / Additional Material: Stellar Website: https://bit.ly/tmd-stellar Blend Website: https://bit.ly/tmd-blend ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▸ Find us on Youtube: https://www.youtube.com/@teachmedefi ▸ Find us on  𝕏: https://x.com/TEACHMEDEFI ▸ Find us on Instagram: https://instagram.com/TEACHMEDEFI ▸ Find us on TikTok: https://www.tiktok.com/@teachmedefi_official ▸ Find us on Podcast Streaming Sites: https://podcasters.spotify.com/pod/show/teachmedefi ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Timestamps: 00:00 - Intro 02:03 - Why Lending is Critical for DeFi 03:17 - Lending & Liquidity  05:07 - Early Days, Integrations & Adoption 07:10 - Real-World Utility Comes First 10:33 - Why Stellar Stands Out 11:40 - How To Get Involved -------------- Disclaimer: TEACHMEDEFI is a provider of entertainment and opinions. We are neither a broker/dealer nor an investment advisor. This is not a service for issuing or receiving financial or investment advice. None of our content constitutes a recommendation – or should be understood as such – to conduct transactions in securities, cryptocurrencies, or crypto-assets, or to engage in any of the investment strategies presented in our discussions or provided content. We do not provide personalized recommendations or views on whether a stock, cryptocurrency, crypto-asset, or investment approach is suitable for the financial needs of a particular individual.

In this episode, we sat down in person with Tommaso, co-founder of Xycloo Labs at the Stellar Meridian conference in London. We discussed why they’ve chosen to build in the Stellar ecosystem, their two flagship projects—Mercury and XycLoans—and what makes Stellar’s new Soroban smart contract platform stand out. Learn more about Stellar here: https://bit.ly/tmd-stellar What is xyclooLabs building? Mercury: A comprehensive data indexing solution for Stellar, built to support the growing DeFi ecosystem with low-latency ingestion flows, transaction simulation, and automation. It’s a core piece of infrastructure for Stellar’s smart contract ecosystem. XycLoans: One of the very first Flash Loan protocols on Soroban. Flash Loans are critical for enabling arbitrage, improving market efficiency, and driving better price discovery across DEXs. Tommaso also shared insights on developing within Stellar’s ecosystem, the importance of strong infrastructure in DeFi, and how these tools will empower developers to build apps with real-world impact on Stellar. And yes—we’ve partnered with Stellar. That’s why we’re bringing you these stories, these projects, and the builders shaping their ecosystem. #sponsored 📣📣📣 Building something exciting & want to come on the show or collaborate with us?  Email us at  👉👉 [email protected] 👈👈 or DM us on X: https://www.twitter.com/teachmedefi 👉 Please share this if you learned something! What should we discuss next? Comment!  👉 Fed up with crypto influencers? Follow us for quality education. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▸ Subscribe to our Newsletter: https://www.newsletter.teachmedefi.de/ ▸ Find us on Youtube: https://www.youtube.com/@teachmedefi ▸ Find us on  𝕏: https://x.com/TEACHMEDEFI ▸ Find us on Instagram: https://instagram.com/TEACHMEDEFI ▸ Find us on TikTok: https://www.tiktok.com/@teachmedefi_official ▸ Find us on Podcast Streaming Sites: https://podcasters.spotify.com/pod/show/teachmedefi ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Timestamps: 00:00 - Intro 03:10 - What Is Data Indexing 04:00 - Mercury 06:10 - Data Indexing on Stellar / Soroban 10:45 - How Can We Trust The Data? 13:40 - What Are Flash Loans? 17:30 - Liquidity: Challenges & Opportunities 20:40 - Building On Stellar 32:20 - Where To Start As A Developer -------------- Links / Additional Material: Stellar Website: https://bit.ly/tmd-stellar Mercury App: https://bit.ly/mercury-tmd Xycloans: https://bit.ly/xycloans-tmd Tommaso on X: https://x.com/heytdep -------------- Disclaimer: TEACHMEDEFI is a provider of entertainment and opinions. We are neither a broker/dealer nor an investment advisor. This is not a service for issuing or receiving financial or investment advice. None of our content constitutes a recommendation – or should be understood as such – to conduct transactions in securities, cryptocurrencies, or crypto-assets, or to engage in any of the investment strategies presented in our discussions or provided content. We do not provide personalized recommendations or views on whether a stock, cryptocurrency, crypto-asset, or investment approach is suitable for the financial needs of a particular individual.

We just got back from Stellar’s annual conference #Meridian2024 in London, and let me tell you—this ecosystem is way more interesting than I expected. I had no idea how much was happening here: cross-border payments, stablecoins, real-world utility, and a new smart contract platform called Soroban. Here’s what we learned about their ecosystem, why Stellar might be one of the most underrated blockchains, and the real stories behind the tech. Oh, and shoutout to the amazing people we met—they’re actually solving problems that matter. Watch now for a fresh perspective on Stellar. #sponsored  Learn more about Stellar here: https://bit.ly/tmd-stellar Shoutout to the lovely people we interviewed:  Joan Ruiz de Bustillo Ohngemach - Co-Founder of Decaf,  Federico De Ponti - Co-Founder of Xycloo Labs,  Wouter Arkink - Founder of Beans App and  Jose, who won a prize at the Hackathon at the conference. 📣📣📣 Building something exciting & want to come on the show or collaborate with us?  Email us at  👉👉 [email protected] 👈👈 or DM us on X: https://www.twitter.com/teachmedefi 👉 Please share this if you learned something! What should we discuss next? Comment!  👉 Fed up with crypto influencers? Follow us for quality education. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▸ Subscribe to our Newsletter: https://www.newsletter.teachmedefi.de/ ▸ Find us on Youtube: https://www.youtube.com/@teachmedefi ▸ Find us on  𝕏: https://x.com/TEACHMEDEFI ▸ Find us on Instagram: https://instagram.com/TEACHMEDEFI ▸ Find us on TikTok: https://www.tiktok.com/@teachmedefi_official ▸ Find us on Podcast Streaming Sites: https://podcasters.spotify.com/pod/show/teachmedefi ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Timestamps: 00:00 - Conference Recap & Recent Developments 02:50 - Interview with Beans / Wouter 05:02 - Interview with Xycloo Labs / Federico 06:26 - Interview with Decaf / Joan 10:07 - Interview with Jose 11:35 - Takeaways -------------- Links / Additional Material: Stellar Website: https://bit.ly/tmd-stellar Xycloo Labs Website: https://xycloo.com/ Mercury App: https://bit.ly/mercury-tmd Xycloans: https://bit.ly/xycloans-tmd Federico on X: https://x.com/federicodeponti?lang=en Beans Website: https://www.beansapp.com/ Beans on X: https://x.com/BeansApp Decaf Website: https://www.decaf.so/ Decaf on X: https://x.com/Decaf_so Joan on X: https://x.com/JuanRdBO:  -------------- Disclaimer: TEACHMEDEFI is a provider of entertainment and opinions. We are neither a broker/dealer nor an investment advisor. This is not a service for issuing or receiving financial or investment advice. None of our content constitutes a recommendation – or should be understood as such – to conduct transactions in securities, cryptocurrencies, or crypto-assets, or to engage in any of the investment strategies presented in our discussions or provided content. We do not provide personalized recommendations or views on whether a stock, cryptocurrency, crypto-asset, or investment approach is suitable for the financial needs of a particular individual.

From 0 to 2.5 Billion Dollars in only 15 Months. BASE just recently surpassed Arbitrum in TVL (Total Value Locked) and joined the Top 5 Blockchains ranked by TVL after only 15 months. Needless to say, growth in the BASE ecosystem has been rapid and skyrocketing. Why is BASE growing so fast?  In this episode, we sit down with Sehaj, founder of Avantis, a perpetuals DEX on BASE, to discuss the BASE ecosystem on Ethereum and what makes it unique. We explore Sehaj’s journey from finance to crypto, including his time at Illuvium and well-known VC fund Pantera Capital, and how that shaped his approach to building in the blockchain space.  Our conversation covers the intersection of crypto and gaming, the importance of real user incentives, and what sets BASE apart from other Layer 2 solutions.  BASE, Coinbase’s Layer 2 blockchain, focuses on bringing real retail flow onchain. Sehaj shares why he chose to build Avantis on BASE and why he thinks BASE provides a stable, long-term platform for projects to grow. We also touch on the challenges and future of decentralization of Layer 2 blockchains that are not yet decentralized, such as BASE. How do you feel about BASE and the traction it has been getting?  📣📣📣 Building something exciting & want to come on the show or collaborate with us?  Email us at  👉👉 [email protected] 👈👈 or DM us on X: https://www.twitter.com/teachmedefi 👉 Please share this if you learned something! What should we discuss next? Comment!  👉 Fed up with crypto influencers? Follow us for quality education. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▸ Find us on Youtube: https://www.youtube.com/@teachmedefi ▸ Find us on  𝕏: https://x.com/TEACHMEDEFI ▸ Find us on Podcast Streaming Sites: https://podcasters.spotify.com/pod/show/teachmedefi ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Timestamps: 00:00 - Teaser 02:14 - Sehaj, Panterra, Illuvium 05:30 - The Problem With Crypto and Gaming 07:40 - Working At Panterra 11:20 - How VCs invest / Valuations 16:48 - Why Build on BASE? 24:25 - CEX Chains 25:36 - Will They Decentralize? 29:45 - Will There Ever Be a BASE token? 33:33 - Where To Start On BASE? 37:48 - How Many Users Are On BASE? 39:22 - Trading Perps On Avantis 44:30 - What’s Next For BASE and Avantis? -------------- Links / Additional Material: ​​Avantis Website: https://www.avantisfi.com/ Avantis on X : https://x.com/avantisfi Avantis on Discord: https://discord.gg/qJabbFzcUn Sehaj on X: https://twitter.com/0xsehaj -------------- Resources in German (teach me defi): ▸ FREE Courses on BTC, ETH, DOT: https://teachmedefi.de/ ▸ Newsletter: https://www.newsletter.teachmedefi.de/ ▸ E-Books: after Newsletter sign-up ▸ Instagram: https://instagram.com/TEACHMEDEFI ▸ TikTok: https://www.tiktok.com/@teachmedefi_official ▸ Website: https://www.teachmedefi.de/ -------------- Disclaimer: TEACHMEDEFI is a provider of entertainment and opinions. We are neither a broker/dealer nor an investment advisor. This is not a service for issuing or receiving financial or investment advice. None of our content constitutes a recommendation – or should be understood as such – to conduct transactions in securities, cryptocurrencies, or crypto-assets, or to engage in any of the investment strategies presented in our discussions or provided content. We do not provide personalized recommendations or views on whether a stock, cryptocurrency, crypto-asset, or investment approach is suitable for the financial needs of a particular individual.

In this episode, we speak with Joe Petrowski, Runtime Lead at the Web3 Foundation, where we dive into the advantages and challenges of building on Polkadot. Joe shares his thoughts on the benefits of Polkadot's multi-chain architecture and the hurdles developers face when integrating various chains. Throughout our discussion, Joe highlights the importance of improving developer tooling and user experience to make building on Polkadot easier and more efficient. Additionally, we discuss Plaza, a visionary new plan introduced by Rob Habermeier, co-founder of Polkadot. Plaza aims to consolidate the functionality of Polkadot into a single, highly-scalable system chain, acting as a hub for users, developers, liquidity, and applications. Unlike the current fragmented system where different chains handle different functionalities (like wallets, apps, and user coordination), Plaza seeks to bring everything under one roof, vastly simplifying the user experience and cutting costs. What’s particularly exciting is how Plaza will leverage Polkadot’s scaling capabilities to handle thousands of transactions per second today and potentially hundreds of millions of transactions per day in the future. This means better performance for developers and users alike, all without compromising on decentralization. How is decentralization not compromised? Engineering advances like NOMT, Optimistic Concurrency Control, and ZK Merkle Proving will allow Plaza to perform efficiently with normal machines, ensuring accessibility for full nodes without requiring supercomputers. 📣📣📣 Building something exciting & want to come on the show or collaborate with us?  Email us at  👉👉 [email protected] 👈👈 or DM us on X: https://www.twitter.com/teachmedefi 👉 Please share this if you learned something! What should we discuss next? Comment!  👉 Fed up with crypto influencers? Follow us for quality education. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▸ Find us on Youtube: https://www.youtube.com/@teachmedefi ▸ Find us on  𝕏: https://x.com/TEACHMEDEFI ▸ Find us on Podcast Streaming Sites: https://podcasters.spotify.com/pod/show/teachmedefi ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Timestamps: 00:00 - Teaser 01:30 - How Joe became Runtime Lead 03:40 - Memorable Moments 05:50 - Crazy Ideas, Breaking Changes & Stability 09:10 - 1 Node for All: Project OmniNode 11:00 - Why Build on Polkadot? 13:00 - The 1 Mistake App Developers Make 17:30 - Bad user experience is no surprise 20:07 - Multi-Chain Apps: Examples 21:10 - Polkadot Facade & PBA Application-Track 28:44 - Value Accrual: App Layer vs Infra Layer 30:20 - Plaza: A Hub for Apps 37:27 - Plaza should just be “Polkadot” 42:50 - 100s of Millions of Transactions Per Day 48:30 - Wen? -------------- Links / Additional Material: Joe on X: https://x.com/joepetrowski Web3 Foundation Website: https://web3.foundation/ Rob Habermaier Blog Post on Plaza: https://www.rob.tech/blog/plaza/ Polkadot Links: For devs: https://github.com/paritytech/polkadot-sdk?tab=readme-ov-file#-quickstart https://wiki.polkadot.network/docs/build-guide For general audience: https://polkadot.com/ -------------- Resources in German (teach me defi): ▸ FREE Courses on BTC, ETH, DOT: https://teachmedefi.de/ ▸ Newsletter: https://www.newsletter.teachmedefi.de/ ▸ E-Books: after Newsletter sign-up ▸ Instagram: https://instagram.com/TEACHMEDEFI ▸ TikTok: https://www.tiktok.com/@teachmedefi_official ▸ Website: https://www.teachmedefi.de/ -------------- Disclaimer: TEACHMEDEFI is a provider of entertainment and opinions. We are neither a broker/dealer nor an investment advisor. This is not a service for issuing or receiving financial or investment advice. None of our content constitutes a recommendation – or should be understood as such – to conduct transactions in securities, cryptocurrencies, or crypto-assets, or to engage in any of the investment strategies presented in our discussions or provided content.

The Expedia for Web3 Infrastructure! In this episode, we speak with Marouen from Crestal Network about how the project aims to simplify the complex landscape of modular blockchains for developers.  Do you know if the data availability layer you have chosen is performing well? Is the performance data credible? Or are you trusting the shiny marketing of the well-funded DA layer options blindly? These are issues web3 devs might face. Crestal wants to solve this. No performance? No pay.  They are building an intent-based marketplace that helps developers discover, design, and deploy the best infrastructure for their projects. Marouen explains how he views Crestal as the "Expedia for Web3 Infrastructure.” It enables builders to make better infra-decisions by providing performance metrics and matching them with the best service providers for what they are looking for. We discuss the challenges of modularity, the need for credible data, shiny marketing, and how Crestal plans to bridge the gap between builders and infrastructure providers to create a pay-for-performance model. 📣📣📣 Building something exciting & want to come on the show or collaborate with us?  Email us at  👉👉 [email protected] 👈👈 or DM us on X: https://www.twitter.com/teachmedefi 👉 Please share this if you learned something! What should we discuss next? Comment!  👉 Fed up with crypto influencers? Follow us for quality education. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▸ Find us on Youtube: https://www.youtube.com/@teachmedefi ▸ Find us on  𝕏: https://x.com/TEACHMEDEFI ▸ Find us on Podcast Streaming Sites: https://podcasters.spotify.com/pod/show/teachmedefi ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Timestamps: 00:00 - Teaser 02:00 - The Problem with Modularity in Blockchain 06:00 - Shiny Marketing and Hype 11:40 - Deploy and Monitor Performance 20:30 - Performance Data on DA Layers 23:30 - Decentralizing Data Collection 25:40 - SHOWCASE: The Crestal dApp 45:00 - Open Call for Feedback from Builders! -------------- Links / Additional Material: Crestal Website: https://crestal.network/ Crestal Testnet: https://app.testnet.crestal.xyz/ Crestal on X: https://x.com/crestalnetwork Marouen on X: https://x.com/marouen19 -------------- Resources in German (teach me defi): ▸ FREE Courses on BTC, ETH, DOT: https://teachmedefi.de/ ▸ Newsletter: https://www.newsletter.teachmedefi.de/ ▸ E-Books: after Newsletter sign-up ▸ Instagram: https://instagram.com/TEACHMEDEFI ▸ TikTok: https://www.tiktok.com/@teachmedefi_official ▸ Website: https://www.teachmedefi.de/ -------------- Disclaimer: TEACHMEDEFI is a provider of entertainment and opinions. We are neither a broker/dealer nor an investment advisor. This is not a service for issuing or receiving financial or investment advice. None of our content constitutes a recommendation – or should be understood as such – to conduct transactions in securities, cryptocurrencies, or crypto-assets, or to engage in any of the investment strategies presented in our discussions or provided content. We do not provide personalized recommendations or views on whether a stock, cryptocurrency, crypto-asset, or investment approach is suitable for the financial needs of a particular individual.

Make Crypto Simple Again! How? With Intents! In this episode of the TEACHMEDEFI podcast, our guests from Symphony Labs discuss chain abstraction and intents in the crypto and blockchain space. They explain how chain abstraction aims to reduce the complexity of the crypto experience for users by providing a simple Web2-based interface.  Our guests in this episode are anonymous and go by Vivaldi, CEO of Symphony Labs, and Mozart, CTO of Symphony Labs. Symphony enables users to express their intents, while Solvers go out and find the best solutions for them. The Solvers are algorithms that find optimized solutions for users’ intents. This concept will be at the core of a Perpetuals Aggregator, which allows users to open and close positions in perpetuals (across chains on different Perpetuals DEXs such as GMX), while collateral is held across different chains.  This might sound complex, but essentially it makes the user journey in the front end simple, compared to the status quo today.  The goal is to make the process as seamless as possible for users: One interface to access an onchain perpetuals trading experience that rivals the experience on centralized platforms such as Binance.  Security and risk factors, particularly the risk of session keys, are also discussed. Vivaldi and Mozart also touch on token staking within Symphony. And finally, we hear about what’s next on the roadmap! What’s your take on intents in crypto?  👉👉👉 Building something exciting & want to come on the show or sponsor us? Email us at [email protected] or DM us on X:https://www.twitter.com/teachmedefi 👉 Please share this if you learned something! What should we discuss next? Comment!  👉👉 Fed up with crypto influencers? Follow us and let's master crypto with real education. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▸ Find us on Youtube: https://www.youtube.com/@teachmedefi ▸ Find us on  𝕏: https://x.com/TEACHMEDEFI ▸ Find us on Podcast Streaming Sites: https://podcasters.spotify.com/pod/show/teachmedefi ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Resources in German: ▸ FREE Courses on BTC, ETH, DOT: https://teachmedefi.de/ ▸ Newsletter: https://www.newsletter.teachmedefi.de/ ▸ E-Books: after Newsletter sign-up ▸ Instagram: https://instagram.com/TEACHMEDEFI ▸ TikTok: https://www.tiktok.com/@teachmedefi_official ▸ Website: https://www.teachmedefi.de/ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Timestamps: 00:00 - Teaser 03:30 - Chain Abstraction & Intents 07:15 - What is Symphony? 10:00 - How Solvers Work 14:00 - The User Journey in Detail 25:10 - TLDR Simple User Journey 28:00 - Can You Trust The Chain Abstraction? 34:30 - Staking Tokens in Symphony 38:10 - Wennn launch? 38:50 - Perpetuals Aggregator 42:10 - CEX vs. DEX -------------- Links / Additional Material: Symphony Labs / Cadence Website: https://www.cadenceprotocol.io/ Vivaldi on X: https://x.com/vivaldi0x Mozart on X: https://x.com/mozartcadence Symphony Labs / Cadence on X: https://x.com/cadenceprotocol -------------- Disclaimer: TEACHMEDEFI is a provider of entertainment and opinions. We are neither a broker/dealer nor an investment advisor. This is not a service for issuing or receiving financial or investment advice. None of our content constitutes a recommendation – or should be understood as such – to conduct transactions in securities, cryptocurrencies, or crypto-assets, or to engage in any of the investment strategies presented in our discussions or provided content. We do not provide personalized recommendations or views on whether a stock, cryptocurrency, crypto-asset, or investment approach is suitable for the financial needs of a particular individual.

Our first in-person interview! In this episode, we sat down with James, COO of Subquery, to dive into their latest project expansion — decentralized AI inference. We discussed the significance of offering alternatives to centralized cloud providers for running AI models and explored how Subquery is cutting through the hype in the AI and crypto space. James shared insights into how their decentralized network allows developers to host AI models in a more open, affordable, and high-performance way, highlighting the potential for Web3 to disrupt the AI landscape.  They are launching an update aimed at enhancing the hosting and inference capabilities of Artificial Intelligence (AI) models, with a particular focus on large language models (LLMs). This upgrade uses a community-driven approach to bring about a more accessible, cost-effective, and flexible AI ecosystem. How do you feel about Decentralized AI? 👉 Please share this if you learned something! What should we discuss next? Comment!  👉👉 Fed up with crypto influencers? Follow us and let's master crypto with real education. 👉👉👉 Building something exciting & want to come on the show or sponsor us? Email us at [email protected] or DM us on X:https://www.twitter.com/teachmedefi ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▸ Find us on Youtube: https://www.youtube.com/@teachmedefi ▸ Find us on  𝕏: https://x.com/TEACHMEDEFI ▸ Find us on Podcast Streaming Sites: https://podcasters.spotify.com/pod/show/teachmedefi ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Resources in German: ▸ FREE Courses on BTC, ETH, DOT: https://teachmedefi.de/ ▸ Newsletter: https://www.newsletter.teachmedefi.de/ ▸ E-Books: after Newsletter sign-up ▸ Instagram: https://instagram.com/TEACHMEDEFI ▸ TikTok: https://www.tiktok.com/@teachmedefi_official ▸ Website: https://www.teachmedefi.de/ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Timestamps: 00:00 - Teaser 02:22 - What is Subquery? 04:33 - Why Decentralize RPCs 08:30 - How It Works 13:00 - Decentralized AI Inference 16:03 - AI Models & GPUs 17:50 - Intelligent Apps 20:10 - Crypto & AI HYPE 23:25 - Progress On Open Source AI 28:17 - Subquery Roadmap -------------- Links / Additional Material: Subquery Website: https://subquery.network/home Subquery on X: https://x.com/subquerynetwork James on X: https://x.com/JamesABayly -------------- Disclaimer: TEACHMEDEFI is a provider of entertainment and opinions. We are neither a broker/dealer nor an investment advisor. This is not a service for issuing or receiving financial or investment advice. None of our content constitutes a recommendation – or should be understood as such – to conduct transactions in securities, cryptocurrencies, or crypto-assets, or to engage in any of the investment strategies presented in our discussions or provided content. We do not provide personalized recommendations or views on whether a stock, cryptocurrency, crypto-asset, or investment approach is suitable for the financial needs of a particular individual.

In this episode, we sit down with Nick Slettengren, Founder of Count On Sheep, a leading crypto tax firm. Nick shares his journey from digital marketing to the crypto world and how he founded Count On Sheep to help crypto investors navigate the often complex world of crypto taxes. We discuss essential topics such as common tax pitfalls, optimizing tax obligations, tracking crypto activity, and recent regulatory changes that every crypto holder should be aware of. Nick also shares some valuable insights into how his firm has helped clients save millions in taxes and how to handle crypto losses efficiently. Note: Please keep in mind that this is no financial or taxation advice and make sure to consult a professional regarding these matters. 👉 Please share this if you learned something! What should we discuss next? Comment!  👉👉 Fed up with crypto influencers? Follow us and let's master crypto with real education. 👉👉👉 Building something exciting & want to come on the show or sponsor us?  Email us at [email protected] or DM us on X:https://www.twitter.com/teachmedefi ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▸ Find us on Youtube: https://www.youtube.com/@teachmedefi ▸ Find us on  𝕏: https://x.com/TEACHMEDEFI ▸ Find us on Podcast Streaming Sites: https://podcasters.spotify.com/pod/show/teachmedefi ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Resources in German: ▸ FREE Courses on BTC, ETH, DOT: https://teachmedefi.de/ ▸ Newsletter: https://www.newsletter.teachmedefi.de/ ▸ E-Books: after Newsletter sign-up ▸ Instagram: https://instagram.com/TEACHMEDEFI ▸ TikTok: https://www.tiktok.com/@teachmedefi_official ▸ Website: https://www.teachmedefi.de/ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Timestamps: 00:00 - Teaser 02:20 - Nick’s Expensive Tax Bill 06:30 - Count On Sheep  08:00 - Why Crypto Taxes Are Complex 12:07 - Tracking Your Cost Basis 13:45 - Cost Basis Modeling (LiFo, FiFo) 18:40 - Short Term vs Long Term 21:00 - Tax Loss Harvesting 24:50 - Common Mistakes  26:40 - Crypto Tracking Apps = Gud? 31:00 - Wallet Hygiene & Automation 42:30 - TLDR -------------- Links / Additional Material: Count On Sheep Website: https://countonsheep.com/ Count On Sheep on X: https://x.com/countonsheep Nick on LinkedIn: https://www.linkedin.com/in/nickslettengren  -------------- Disclaimer: TEACHMEDEFI is a provider of entertainment and opinions. We are neither a broker/dealer nor an investment advisor. This is not a service for issuing or receiving financial or investment advice. None of our content constitutes a recommendation – or should be understood as such – to conduct transactions in securities, cryptocurrencies, or crypto-assets, or to engage in any of the investment strategies presented in our discussions or provided content. We do not provide personalized recommendations or views on whether a stock, cryptocurrency, crypto-asset, or investment approach is suitable for the financial needs of a particular individual.