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James Slazas, founder and CEO of LiquidStake and DARMA Capital, describes their retail and institutional offerings for customers who want to stake on Ethereum 2.0 but still access the locked-up capital. In this episode, we discuss: - what problem LiquidStake solves and how
- what happens if the dollar value of someone’s stake drops below the amount that they’ve borrowed
- who keeps the ETH in a liquidation
- how LiquidStake makes money
- how they determine the price of ETH to make the loan and what it does in the event of a flash crash on an exchange
- how LiquidStake and DARMA Capital are also serving institutional clients
- how total return swap agreements with DARMA work
- why they offer more tax and regulatory clarity
- why LiquidStake currently offers USDC for its stablecoin
- the pros and cons of a centralized loans on staked ETH 2 over decentralized ones
- the other crypto systems LiquidStake is partnering with
- how LiquidStake and DARMA Capital are able to make these loans from a regulatory perspective
Thank you to our sponsor! Crypto.com: http://crypto.com/ Episode links: James Slazas: https://twitter.com/DARMA_Slazas Liquidstake: https://liquidstake.com DARMA Capital: https://darma.capital LiquidStake announcements: https://www.coindesk.com/ethereum-heavyweights-launch-liquidstake-loans-to-ease-eth-2-0-lockup https://www.theblockcrypto.com/linked/84277/eth2-liquidstake-borrow-eth-validators LiquidStake blog post: https://liquidstake.com/blog/1 Link to the Crypto News Recap: https://unchainedpodcast.com/this-is-pushing-up-the-price-of-bitcoin/ |