How Ether.fi Built A Neobank With DeFi

Mike Silagadze is the CoFounder at ether.fi.In this episode, we dive into how Mike's team is building a full-service DeFi neobank. From native liquid staking to automated investing vault strategies, to real-world debit card spending, fiat on/off-ramps, tokenized stocks, and access to Hyperliquid perps, Mike explains how ether.fi is bridging onchain finance to the real world.------🔗 Essential Show Links 🔗► Newsletter: https://the-edge.xyz► Youtube: https://youtube.com/@DeFiDad► Apple: https://tinyurl.com/edgepod► Spotify: https://tinyurl.com/edgepodspotify► Linktree: https://linktr.ee/edge_pod► Follow DeFi Dad: https://x.com/DeFi_Dad► Follow Nomatic: https://x.com/Nomaticcap► Learn DeFi: http://defidad.com/------The Edge Podcast Sponsor Resources♦️ REDSTONE | THE LEADING MODULAR BLOCKCHAIN ORACLE♉︎ TOROS | EXPONENTIAL GAINS WITH LEVERAGED TOKENS🥞 SYRUPUSDC BY MAPLE | DEFI'S PREMIUM YIELD ASSET🦅 FALCON | OVERCOLLATERIZED SYNTHETIC DOLLAR - POINTS PROGRAM NOW LIVE⚡ SPARK | THE ONCHAIN CAPITAL ALLOCATOR🏦 MANTLE | INNOVATING THE FUTURE OF ONCHAIN FINANCE🐡 PUFFER INSTITUTIONAL | STAKING SOLUTIONS FOR INSTITUTIONAL SCALE📈 RUMPEL | TURN POINTS INTO PROFITS⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED------Timestamps0:00 - Intro5:57 - The impact of ETH’s rising price on ether.fi9:35 - Broader vision for ether.fi15:40 - ether.fi Liquid vaults17:03 - ether.fi Cash, bridging onchain and real-world spending24:17 - ether.fi offers a better DeFi neobank27:32 - Security and recovery features for Cash users29:59 - Fiat rails and virtual US bank accounts32:00 - Sponsor break33:11 - Integrating tokenized stocks into ether.fi35:53 - ether.fi Trade and offering new access to Hyperliquid40:50 - Sponsor break42:15 - Integration with HYPE LST for Cash and Liquid users43:16 - ether.fi looking to work with ETH treasury companies48:13 - Could Microstrategy ever tap into DeFi with eBTC?50:45 - Closing------🔗 Guest Links 🔗► ether.fi website: https://ether.fi/► ether.fi Cash sign-up (ref link): https://www.ether.fi/refer/defidad► ether.fi on X: https://x.com/ether_fi► Mike Silagadze on X: https://x.com/MikeSilagadze------All opinions expressed by hosts and podcast guests are solely their own opinions. Podcast guests and hosts may have positions in the assets or other matters discussed in this podcast. DeFi Dad invested in ether.fi's seed round. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.

Samyak Jain is the CoFounder of Instadapp and Fluid. Kash Dhanda is a core contributor at Jupiter.In this episode, we take you inside one of the most influential alliances recently formed in DeFi, one bridging two reputable DeFi builders from Solana and Ethereum. Jupiter Lend is expected to go from private beta to public launch any day now, offering isolated lending and borrowing vaults on Solana. We explore how Jupiter teamed up with the DeFi pioneers at Fluid/Instadapp on Ethereum to bring these innovative features for a hybrid lending/borrowing-meets-DEX protocol over to Jupiter's massive community of users on Solana. Plus, we dig into what's new with Fluid DEX Lite and Fluid DEX V2 on Ethereum!------🔗 Essential Show Links 🔗► Newsletter: https://the-edge.xyz► Youtube: https://youtube.com/@DeFiDad► Apple: https://tinyurl.com/edgepod► Spotify: https://tinyurl.com/edgepodspotify► Linktree: https://linktr.ee/edge_pod► Follow DeFi Dad: https://x.com/DeFi_Dad► Follow Nomatic: https://x.com/Nomaticcap► Learn DeFi: http://defidad.com/------The Edge Podcast Sponsor Resources♦️ REDSTONE | THE LEADING MODULAR BLOCKCHAIN ORACLE♉︎ TOROS | EXPONENTIAL GAINS WITH LEVERAGED TOKENS🥞 SYRUPUSDC BY MAPLE | DEFI'S PREMIUM YIELD ASSET🦅 FALCON | OVERCOLLATERIZED SYNTHETIC DOLLAR - POINTS PROGRAM NOW LIVE⚡ SPARK | THE ONCHAIN CAPITAL ALLOCATOR🏦 MANTLE | INNOVATING THE FUTURE OF ONCHAIN FINANCE🐡 PUFFER INSTITUTIONAL | STAKING SOLUTIONS FOR INSTITUTIONAL SCALE📈 RUMPEL | TURN POINTS INTO PROFITS⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED------Timestamps0:00 - Intro6:08 - Jupiter, Solana’s DeFi super-app7:57 - Fluid’s early success10:49 - Collaboration between Jupiter and Fluid14:07 - Navigating complexity of a DeFi partnership17:54 - Innovations of Fluid, now in Jupiter Lend21:48 - Jupiter Lend introducing feature to migrate loans25:27 - Sponsor break26:38 - Which vaults will go live in Jupiter Lend public beta?29:29 - Protocol incentives anticipated for Jupiter Lend launch31:58 - Revenue share between Jupiter x Fluid34:15 - FLUID buybacks37:26 - Thoughts on Fluid DEX flipping Uniswap on daily volume44:21 - Sponsor break45:46 - Fluid DEX Lite, the most gas-efficient DEX49:55 - Fluid DEX V2 coming soon51:50 - What’s next for Jupiter?53:41 - Jupiter Portfolio54:29 - What’s next for Fluid?56:22 - Closing------🔗 Guest Links 🔗► Jupiter Lend website: https://jup.ag/lend► Jupiter Portfolio website: https://jup.ag/portfolio► Jupiter on X: https://x.com/jupiterexchange► Fluid website: https://fluid.io/► Fluid on X: https://x.com/0xfluid► Samyak Jain on X: https://x.com/smykjain------All opinions expressed by hosts and podcast guests are solely their own opinions. Podcast guests and hosts may have positions in the assets or other matters discussed in this podcast. DeFi Dad and Nomatic hold FLUID. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.

Dan Greer is the CoFounder at Defi.App.In this episode, we discuss Dan's vision to simplify the user experience in decentralized finance, offering a Robinhood-style onchain platform. He shares his insights on the importance of creating a centralized exchange-like UX while maintaining the benefits of self-sovereignty and decentralization, complete with KYC-less access and next-gen trading tools like Hyperliquid perps. Plus, more on their upcoming mobile app (currently in beta) and their AI integration designed to assist users in perps trading.------🔗 Essential Show Links 🔗► Newsletter: https://the-edge.xyz► Youtube: https://youtube.com/@DeFiDad► Apple: https://tinyurl.com/edgepod► Spotify: https://tinyurl.com/edgepodspotify► Linktree: https://linktr.ee/edge_pod► Follow DeFi Dad: https://x.com/DeFi_Dad► Follow Nomatic: https://x.com/Nomaticcap► Learn DeFi: http://defidad.com/------The Edge Podcast Sponsor Resources♦️ REDSTONE | THE LEADING MODULAR BLOCKCHAIN ORACLE♉︎ TOROS | EXPONENTIAL GAINS WITH LEVERAGED TOKENS🥞 SYRUPUSDC BY MAPLE | DEFI'S PREMIUM YIELD ASSET🦅 FALCON | OVERCOLLATERIZED SYNTHETIC DOLLAR - POINTS PROGRAM NOW LIVE⚡ SPARK | THE ONCHAIN CAPITAL ALLOCATOR🏦 MANTLE | INNOVATING THE FUTURE OF ONCHAIN FINANCE🐡 PUFFER INSTITUTIONAL | STAKING SOLUTIONS FOR INSTITUTIONAL SCALE📈 RUMPEL | TURN POINTS INTO PROFITS⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED------Timestamps0:00 - Intro6:05 - The vision behind Defi.App10:11 - The benefits of accessing DeFi onchain vs a CEX16:01 - Competing with wallet providers20:25 - Target market for Defi.App24:20 - Balancing curation vs access in the DeFi UX28:28 - Sponsor break29:39 - Future development for lending and borrowing37:53 - Fiat on-ramping UX40:26 - User journey through Defi.App45:22 - Sponsor break46:47 - Hyperliquid perps trading and mobile app for trading52:29 - HOME buybacks, staking + Season 2 airdrop54:42 - AI-supercharged trading coming soon 59:43 - Closing------🔗 Guest Links 🔗► Defi.App website: https://defi.app/► Defi.App on X: https://x.com/defidotapp► Dan Greer on X: https://x.com/0xuxdesign------All opinions expressed by hosts and podcast guests are solely their own opinions. Podcast guests and hosts may have positions in the assets or other matters discussed in this podcast. DeFi Dad and Nomatic are investors in DeFi.App. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.

Joseph Chalom is Co-CEO at SharpLink and Jason Linehan is Chief Strategy Officer at Consensys.In this episode, we unpack what Joseph refers to as The ETH Opportunity and why SharpLink is all-in with their ETH treasury offering, SBET. From Joseph’s background at BlackRock to SharpLink’s mission to offer exposure to ETH and ETH yield in the public markets, this conversation explores why Ethereum sits at the center of digital asset adoption and why the moment to accumulate ETH is now. We also discuss The Trustware Report outlining the investment case for ETH, how SharpLink’s approach differs from an ETH ETF, and why institutional investors are increasingly drawn to ETH over BTC.------🔗 Essential Show Links 🔗► Newsletter: https://the-edge.xyz► Youtube: https://youtube.com/@DeFiDad► Apple: https://tinyurl.com/edgepod► Spotify: https://tinyurl.com/edgepodspotify► Linktree: https://linktr.ee/edge_pod► Follow DeFi Dad: https://x.com/DeFi_Dad► Follow Nomatic: https://x.com/Nomaticcap► Learn DeFi: http://defidad.com/------The Edge Podcast Sponsor Resources♦️ REDSTONE | THE LEADING MODULAR BLOCKCHAIN ORACLE♉︎ TOROS | EXPONENTIAL GAINS WITH LEVERAGED TOKENS🥞 SYRUPUSDC BY MAPLE | DEFI'S PREMIUM YIELD ASSET🦅 FALCON | OVERCOLLATERIZED SYNTHETIC DOLLAR - POINTS PROGRAM NOW LIVE⚡ SPARK | THE ONCHAIN CAPITAL ALLOCATOR🏦 MANTLE | INNOVATING THE FUTURE OF ONCHAIN FINANCE🐡 PUFFER INSTITUTIONAL | STAKING SOLUTIONS FOR INSTITUTIONAL SCALE📈 RUMPEL | TURN POINTS INTO PROFITS⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED------Timestamps0:00 - Intro7:22 - Joseph’s journey from BlackRock to SharpLink11:09 - Jason’s role and experience at ConsenSys13:15 - The importance of Ethereum and ETH for investors19:07 - Why Joe joined SharpLink21:35 - The Trustware Report29:02 - The ETH Opportunity34:07 - Sponsor break35:17 - SharpLink’s edge over an ETH ETF37:58 - The urgency to accumulate ETH39:49 - Why focus on ETH over BTC as a treasury asset?45:28 - Understanding DeFi and its institutional adoption49:23 - Sponsor break50:48 - Ways SharpLink raises capital to buy more ETH55:37 - Leveraging institutional relationships to grow SharpLink56:57 - Strategic partnership between SharpLink and Consensys59:38 - Why SharpLink is working with Linea L21:02:58 - Closing------🔗 Guest Links 🔗► SharpLink website: https://www.sharplink.com/► SharpLink on X: https://x.com/sharplinkgaming► Joseph Chalom on X: https://x.com/joechalom► Jason Linehan on X: https://x.com/0x81B► Trustware Report: https://consensys.io/ethereum/trust------All opinions expressed by hosts and podcast guests are solely their own opinions. Podcast guests and hosts may have positions in the assets or other matters discussed in this podcast. DeFi Dad and Nomatic both hold ETH and SBET. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.

Paul Frambot is the CoFounder and CEO of Morpho.In this episode, we explore how Morpho's modular, permissionless infrastructure prices risk, allowing anyone to create lending and borrowing markets with any asset. Paul shares his insights on Morpho’s popular Coinbase integration for $600M in Bitcoin-backed loans, the growing role of RWAs, and why Morpho recently transitioned to a token-only model. We also dive into how Morpho V2 will introduce fixed-rate lending and multichain expansion, plus their grand ambition to collapse the cost of trust in finance.------🔗 Essential Show Links 🔗► Newsletter: https://the-edge.xyz► Youtube: https://youtube.com/@DeFiDad► Apple: https://tinyurl.com/edgepod► Spotify: https://tinyurl.com/edgepodspotify► Linktree: https://linktr.ee/edge_pod► Follow DeFi Dad: https://x.com/DeFi_Dad► Follow Nomatic: https://x.com/Nomaticcap► Learn DeFi: http://defidad.com/------The Edge Podcast Sponsor Resources♦️ REDSTONE | THE LEADING MODULAR BLOCKCHAIN ORACLE♉︎ TOROS | EXPONENTIAL GAINS WITH LEVERAGED TOKENS🥞 SYRUPUSDC BY MAPLE | DEFI'S PREMIUM YIELD ASSET🦅 FALCON | OVERCOLLATERIZED SYNTHETIC DOLLAR - POINTS PROGRAM NOW LIVE⚡ SPARK | THE ONCHAIN CAPITAL ALLOCATOR🏦 MANTLE | INNOVATING THE FUTURE OF ONCHAIN FINANCE🐡 PUFFER INSTITUTIONAL | STAKING SOLUTIONS FOR INSTITUTIONAL SCALE📈 RUMPEL | TURN POINTS INTO PROFITS⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED------Timestamps0:00 - Intro6:01 - The vision for Morpho9:02 - Modular approach to lending and borrowing10:35 - The role of risk curators in Morpho13:11 - Integration with Coinbase and its impact20:56 - The education aspect of DeFi and crypto loans23:24 - Sponsor break24:34 - Exploring Real World Assets (RWAs) on Morpho28:01 - Decentralized BD for scaling Morpho30:01 - How Morpho makes money + dissolving legacy equity32:49 - Transitioning to a token-only model36:14 - Sponsor break37:40 - V2 introducing fixed rates and institutional focus42:35 - V2 will be multichain44:50 - The future of Morpho pricing trust47:24 - Closing------🔗 Guest Links 🔗► Morpho website: https://morpho.org/► Morpho on X: https://x.com/morpholabs► Paul Frambot on X: https://x.com/paulframbot------All opinions expressed by hosts and podcast guests are solely their own opinions. Podcast guests and hosts may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.

Declan Fox is Head of Linea and Trantor is Lead at Etherex.In this episode, we explore Linea’s origins inside ConsenSys, and their new approach to designing the ideal L2 for Ethereum and ETH holders from the ground up. Plus, we dive into how SharpLink could play a significant role bootstrapping ETH liquidity on Linea, why bridged ETH is being staked, how teams like Etherex are growing the ecosystem, and what it all means for us as ETH holders, as we draw closer to the LINEA TGE.------🔗 Essential Show Links 🔗► Newsletter: https://the-edge.xyz► Youtube: https://youtube.com/@DeFiDad► Apple: https://tinyurl.com/edgepod► Spotify: https://tinyurl.com/edgepodspotify► Linktree: https://linktr.ee/edge_pod► Follow DeFi Dad: https://x.com/DeFi_Dad► Follow Nomatic: https://x.com/Nomaticcap► Learn DeFi: http://defidad.com/------The Edge Podcast Sponsor Resources♦️ REDSTONE | THE LEADING MODULAR BLOCKCHAIN ORACLE♉︎ TOROS | EXPONENTIAL GAINS WITH LEVERAGED TOKENS🥞 SYRUPUSDC BY MAPLE | DEFI'S PREMIUM YIELD ASSET🦅 FALCON | OVERCOLLATERIZED SYNTHETIC DOLLAR - POINTS PROGRAM NOW LIVE⚡ SPARK | THE ONCHAIN CAPITAL ALLOCATOR🏦 MANTLE | INNOVATING THE FUTURE OF ONCHAIN FINANCE🐡 PUFFER UNIFI | A BASED ROLLUP TO ETHEREUM WITH NATIVE YIELDS📈 RUMPEL | TURN POINTS INTO PROFITS⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED------Timestamps0:00 - Intro7:10 - How Linea got started12:13 - What is Etherex?15:46 - Building loyal liquidity 18:49 - SharpLink could deposit billions in ETH27:04 - Sponsor break28:14 - Building institutional grade security to deposit on Linea31:50 - Native ETH yield34:05 - Equal access for all DeFi users34:48 - Designing the ideal L2 for Ethereum and ETH holders39:21 - Will other L2s follow Linea’s lead?40:39 - The benefit of bridged ETH being staked 42:20 - Sponsor break43:56 - Linea tokenomics synergies for builders46:45 - No VC unlocks, only ConsenSys 5-year lockup49:05 - Linea governance and The Linea Consortium50:39 - An L2 that is truly EVM equivalent55:12 - Etherex and Linea partnership1:04:23 - Linea’s next steps1:06:34 - Closing------🔗 Guest Links 🔗► Linea website: https://linea.build/► Linea on X: https://x.com/lineabuild► Declan on X: https://x.com/declanfox14► Etherex website: https://www.etherex.finance/► Etherex on X: https://x.com/etherexfi► Trantor on X: https://x.com/trantor2140------All opinions expressed by hosts and podcast guests are solely their own opinions. Podcast guests and hosts may have positions in the assets or other matters discussed in this podcast. DeFi Dad and Nomatic hold ETH and SBET. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.

Maria Shen is a General Partner and Sanjay Shah is in Research at Electric Capital.In this episode, we break down Electric Capital's latest report on how the growth of stablecoins drives demand for ETH. We unpack why Ethereum the network is best positioned to serve global demand for stablecoins, its current dominance in stablecoin liquidity, how ETH’s status as a reserve asset and store of value is accelerating with demand for stablecoins, and why holding ETH may be the easiest, simplest way to get exposure to stablecoin growth over the next decade.------🔗 Essential Show Links 🔗► Newsletter: https://the-edge.xyz► Youtube: https://youtube.com/@DeFiDad► Apple: https://tinyurl.com/edgepod► Spotify: https://tinyurl.com/edgepodspotify► Linktree: https://linktr.ee/edge_pod► Follow DeFi Dad: https://x.com/DeFi_Dad► Follow Nomatic: https://x.com/Nomaticcap► Learn DeFi: http://defidad.com/------The Edge Podcast Sponsor Resources♦️ REDSTONE | THE LEADING MODULAR BLOCKCHAIN ORACLE♉︎ TOROS | EXPONENTIAL GAINS WITH LEVERAGED TOKENS🥞 SYRUPUSDC BY MAPLE | DEFI'S PREMIUM YIELD ASSET🦅 FALCON | OVERCOLLATERIZED SYNTHETIC DOLLAR - POINTS PROGRAM NOW LIVE⚡ SPARK | THE ONCHAIN CAPITAL ALLOCATOR🏦 MANTLE | INNOVATING THE FUTURE OF ONCHAIN FINANCE🐡 PUFFER UNIFI | A BASED ROLLUP TO ETHEREUM WITH NATIVE YIELDS📈 RUMPEL | TURN POINTS INTO PROFITS⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED------Timestamps0:00 - Intro5:36 - Background on Electric Capital7:21 - Why write this Ethereum stablecoin report9:29 - Outsized demand globally for dollar-pegged stablecoins10:59 - Why Ethereum is the best network for stablecoin demand15:48 - The value of decentralization on Ethereum22:52 - Sponsor break24:02 - How ETH becomes a reserve asset and SoV27:29 - ETH DATs accelerating demand for ETH30:27 - Beginning to connect ETH and stablecoin growth36:02 - Sponsor break37:39 - Challenges to replicate Ethereum’s stablecoin flywheel44:10 - Risks to Electric Capital’s thesis for ETH48:25 - The role of L2s in the Ethereum stablecoin flywheel50:41 - Closing------🔗 Guest Links 🔗► Electric Capital website: https://www.electriccapital.com/► Beyond Stablecoins, The Case for Ethereum Report: https://electriccapital.substack.com/p/beyond-stablecoins-the-case-for-ethereum► Electric Capital on X: https://x.com/electriccapital► Maria on X: https://x.com/mariashen► Sanjay on X: https://x.com/sanjaypshah------All opinions expressed by hosts and podcast guests are solely their own opinions. Podcast guests and hosts may have positions in the assets or other matters discussed in this podcast. DeFi Dad, Nomatic, and Electric Capital all hold ETH. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.

Ishan Bhaidani is CoFounder of SCRIB3.In this episode, we speak to an insightful crypto investor, trader, and business operator with insights for what's to come in the second half of 2025. From the bull case for HyperEVM to Solana's escalating DeFi turf wars. We dive into the risk around crypto treasury companies, the latest hope for new ETH highs, memecoin fatigue, and who/what might lead to top-blasting a blowoff top this cycle!------🔗 Essential Show Links 🔗► Newsletter: https://the-edge.xyz► Youtube: https://youtube.com/@DeFiDad► Apple: https://tinyurl.com/edgepod► Spotify: https://tinyurl.com/edgepodspotify► Linktree: https://linktr.ee/edge_pod► Follow DeFi Dad: https://x.com/DeFi_Dad► Follow Nomatic: https://x.com/Nomaticcap► Learn DeFi: http://defidad.com/------The Edge Podcast Sponsor Resources♦️ REDSTONE | THE LEADING MODULAR BLOCKCHAIN ORACLE♉︎ TOROS | EXPONENTIAL GAINS WITH LEVERAGED TOKENS🥞 SYRUPUSDC BY MAPLE | DEFI'S PREMIUM YIELD ASSET🦅 FALCON | OVERCOLLATERIZED SYNTHETIC DOLLAR - POINTS PROGRAM NOW LIVE⚡ SPARK | THE ONCHAIN CAPITAL ALLOCATOR🏦 MANTLE | INNOVATING THE FUTURE OF ONCHAIN FINANCE🐡 PUFFER UNIFI | A BASED ROLLUP TO ETHEREUM WITH NATIVE YIELDS📈 RUMPEL | TURN POINTS INTO PROFITS⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED------Timestamps0:00 - Intro6:02 - Ishan’s FTX short10:41 - Concerns for crypto treasury companies16:12 - HyperEVM bull thesis27:15 - Solana DeFi verticalization wars40:26 - Growing pains for Pump and memecoins46:55 - Sponsor break48:05 - Crypto M&A is growing53:47 - The opportunity for better crypto businesses1:02:12 - Sponsor break1:03:48 - Who will top blast this cycle?1:12:08 - The impact of new ETH DATs1:18:23 - What is SCRIB3?1:23:18 - Closing------🔗 Guest Links 🔗► SCRIB3 website: https://scrib3.co/► Ishan's Oct 2022 FTX short: https://x.com/Ishanb22/status/1577699083808083969► SCRIB3 on X: https://x.com/scrib3_co► Ishan on X: https://x.com/ishanb22------All opinions expressed by hosts and podcast guests are solely their own opinions. Podcast guests and hosts may have positions in the assets or other matters discussed in this podcast. DeFi Dad, Nomatic, and Ishan collectively hold positions in BTC, ETH, HYPE, and SOL. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.

Conor Ryder is the Head of Research at Ethena Labs and Rob Montgomery is the Founder of InfiniFi Labs.In this episode, we catch up on the latest news surrounding Ethena’s explosive growth scaling USDe and sUSDe, including how teams like InfiniFi are scaling yield strategies powered by underlying USDe/sUSDe. Plus, new details on Ethena’s upcoming L2 Converge and their recently announced ENA treasury vehicle, StablecoinX.------🔗 Essential Show Links 🔗► Newsletter: https://the-edge.xyz► Youtube: https://youtube.com/@DeFiDad► Apple: https://tinyurl.com/edgepod► Spotify: https://tinyurl.com/edgepodspotify► Linktree: https://linktr.ee/edge_pod► Follow DeFi Dad: https://x.com/DeFi_Dad► Follow Nomatic: https://x.com/Nomaticcap► Learn DeFi: http://defidad.com/------The Edge Podcast Sponsor Resources♦️ REDSTONE | THE LEADING MODULAR BLOCKCHAIN ORACLE🥞 SYRUPUSDC BY MAPLE | DEFI'S PREMIUM YIELD ASSET🦅 FALCON | OVERCOLLATERIZED SYNTHETIC DOLLAR - POINTS PROGRAM NOW LIVE⚡ SPARK | THE ONCHAIN CAPITAL ALLOCATOR🏦 MANTLE | INNOVATING THE FUTURE OF ONCHAIN FINANCE🐡 PUFFER UNIFI | A BASED ROLLUP TO ETHEREUM WITH NATIVE YIELDS📈 RUMPEL | TURN POINTS INTO PROFITS⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED------Timestamps0:00 - Intro1:29 - The state of Ethena4:29 - Sponsor break6:42 - Importance of funding rates fueling Ethena’s growth8:42 - What is InfiniFi?11:00 - What happens when Ethena PTs, backing siUSD, mature?13:46 - How does InfiniFi offer a better yield for sUSDe holders?20:30 - What is Ethena’s Converge L2?25:09 - Ethena’s grand vision is coming together27:34 - Securitize partnership with Converge28:17 - Sponsor break30:34 - StablecoinX, an ENA treasury company36:37 - Closing------🔗 Guest Links 🔗► Ethena website: https://ethena.fi/► InfiniFi website: https://infinifi.xyz/► Ethena on X: https://x.com/ethena_labs► InfiniFi on X: https://x.com/infiniFi_► Conor Ryder on X: https://x.com/ConorRyder► Rob on X: https://x.com/RobAnon94------All opinions expressed by hosts and podcast guests are solely their own opinions. Podcast guests and hosts may have positions in the assets or other matters discussed in this podcast. DeFi Dad and Nomatic are investors in Ethena and InfiniFi. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.

Kyle Reidhead is the Founder of Impact3 and Co-Owner of The Milk Road.In this episode, we provide a comprehensive guide on ETH treasury companies, publicly traded firms focused on acquiring and staking ETH for their balance sheets, while tapping into DeFi to earn yield. We explore how these firms raise capital to buy more ETH, how staking/DeFi differentiates them from BTC treasury companies, why metrics like mNAV, share count, and ETH purchase-to-issuance ratio matter, and how this new Wall Street phenomenon is driving an outsized bid to buy a shrinking supply of ETH.------🔗 Essential Show Links 🔗► Newsletter: https://the-edge.xyz► Youtube: https://youtube.com/@DeFiDad► Apple: https://tinyurl.com/edgepod► Spotify: https://tinyurl.com/edgepodspotify► Linktree: https://linktr.ee/edge_pod► Follow DeFi Dad: https://x.com/DeFi_Dad► Follow Nomatic: https://x.com/Nomaticcap► Learn DeFi: http://defidad.com/------The Edge Podcast Sponsor Resources♦️ REDSTONE | THE LEADING MODULAR BLOCKCHAIN ORACLE🥞 SYRUPUSDC BY MAPLE | DEFI'S PREMIUM YIELD ASSET🦅 FALCON | OVERCOLLATERIZED SYNTHETIC DOLLAR - POINTS PROGRAM NOW LIVE⚡ SPARK | THE ONCHAIN CAPITAL ALLOCATOR🏦 MANTLE | INNOVATING THE FUTURE OF ONCHAIN FINANCE🐡 PUFFER UNIFI | A BASED ROLLUP TO ETHEREUM WITH NATIVE YIELDS📈 RUMPEL | TURN POINTS INTO PROFITS⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED------Timestamps0:00 - Intro6:49 - Kyle, Impact3, and The Milk Road12:00 - Why Kyle’s team is so long ETH18:17 - Is it a DAT or ETH treasury company?19:23 - What is mNAV and how the premium trades23:54 - How publicly traded companies pivot to ETH DATs29:11 - Importance of share count 31:26 - Sponsor break32:36 - How ETH DATs raise money to buy more ETH39:02 - Staking and DeFi yield for public markets43:50 - Picking winners among ETH DATs49:20 - The shift with ETH price leading sentiment56:21 - ETH purchase / issuance ratio59:29 - Sponsor break1:01:05 - Key takeaways from recent talks with Joe Lubin1:05:17 - BTCS is a standout as an operator1:11:28 - Ethereum DeFi 2.0 comes next1:17:20 - Risks1:27:06 - Recent OTC ETH buy from EF1:29:52 - When will the market top out?1:31:03 - Closing------🔗 Guest Links 🔗► Strategic ETH Reserve website: https://strategicethreserve.xyz/► Crypto Treasuries website: https://cryptotreasuries.com/► Milk Road website: https://milkroad.com/► Milk Road on X: https://x.com/MilkRoadDaily► Impact3 website: https://impact3.co/► Impact3 on X: https://x.com/Impact3Growth► Kyle on X: https://x.com/kyleReidhead------All opinions expressed by hosts and podcast guests are solely their own opinions. Podcast guests and hosts may have positions in the assets or other matters discussed in this podcast. Kyle, DeFi Dad, and Nomatic all hold ETH and SBET. Kyle also holds BTCS. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.