Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Why Drift Is Betting Big on Solana - Cindy Leow & Chris Heaney, Ep. 256

Why Drift Is Betting Big on Solana - Cindy Leow & Chris Heaney, Ep. 256

FromThe Blockcrunch Podcast


Why Drift Is Betting Big on Solana - Cindy Leow & Chris Heaney, Ep. 256

FromThe Blockcrunch Podcast

ratings:
Length:
40 minutes
Released:
May 2, 2024
Format:
Podcast episode

Description

Today Jason is joined by Drift Co-Founder Cindy Leow & Developer Chris Healey. In today’s episode the three discuss the founding story of Drift, why there was a gap in the market for Drift, why the Solana ecosystem made sense, and whether it would if Drift launched today. Cindy and Chris then share their bear market learnings, what they took away from the Luna saga, and Drift’s 2024 roadmap—enjoy!   Host: Jason Choi @mrjasonchoi . Not financial advice.   This episode is sponsored by YGG. https://www.yieldguild.io/ https://twitter.com/yieldguild   Timestamps: (00:00) Introduction  (02:48) Motivation to found Drift (05:05) “YGG Ad”  (05:56) Why Drift chose Solana   (08:16) Ecosystem tradeoffs    (11:07) Drift’s growth   (14:29) Bear market start-up learnings   (15:53) Would Drift choose Solana in 2024?  (19:35) Drift’s USP  (24:21) Cross-collateralization (28:45) Market research findings   (31:16) Luna leveraged short learnings   (36:05) Drift’s roadmap  (38:28) Outro    Twitter accounts: Jason Choi’s Twitter:   https://twitter.com/mrjasonchoi   Blockcrunch Twitter:   https://twitter.com/theBlockcrunch   Cindy’s Twitter:   https://twitter.com/cindyleowtt   Chris’ Twitter:   https://twitter.com/crispheaney   Blockcrunch VIP: https://blockcrunch.substack.com/   Disclaimer: The Blockcrunch Podcast (“Blockcrunch”) is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch’s guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch’s podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.   Full disclaimer: https://blockcrunch.substack.com/about
Released:
May 2, 2024
Format:
Podcast episode

Titles in the series (100)

The most global podcast for investors in cryptocurrencies and blockchain, featuring fund managers and founders from all corners of the world sharing their theses and strategies. Jason Choi (@mrjasonchoi), Head of Research at Spartan Capital, a cryptoasset hedge fund, goes deep into the technology and economics behind crypto projects to dissect trends and themes in a global context. Not financial advice.