In this episode of Bell Curve, Jason and Mike are joined by Simon Jones (Voltz Labs) and Allan Niemerg (Yield Protocol) to explore the new use cases that fixed-rate lending and interest rate swaps bring to DeFi.
We also discuss how crypto is structurally variable, why financial markets need interest rate swaps, DeFi's base rate, DAO-to-DAO undercollateralized lending and much more!
Timestamps
(00:00) Intro
(02:49) DeFi is structurally variable
(10:54) The ETH base rate & a DeFi native yield curve
(14:52) Interest rate swaps: 3 primary use cases
(19:17) DeFi use cases & undercollateralized lending
(30:24) Why are fixed rate markets in DeFi so small?
(42:36) A crypto-based sovereign debt market
(46:52) Will yield come from IRL assets or crypto-native sources?
(51:45) Fixed rates may catalyze the next bull cycle
(59:47) Post interview: takeaways
Follow Simon: https://twitter.com/0xSimonJones
Follow Allan: https://twitter.com/niemerg
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Resources:
Yield Protocol
Voltz Protocol
Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, and our guests may hold positions in the companies, funds, or projects discussed.