POV Crypto Episode 55: Money Legos, with Alex Soong of Set Protocol
Alex takes David and Christian through the current state of Defi, and the potential future possibilities, and current limitations.
Alex Soong gave a presentation at an Ethereum DeFi meetup…
…that showed a network of smart contracts executing transactions between eachother, when a Set Protocol rebalancing token “rebalanced”. What’s clear from this is the growing number of collected DeFi applications that are being woven together.
- Interweaving smart contracts that call each-other, without knowledge of the contract creator.
- Pooling resources and functions together in the same space
- Positive Feedback Loop of DeFi
- Current states of Oracles, Liquidity, and Usability in DeFi