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Mission: DeFi EP 97 - Can $R be the decentralized stablecoin we need? David Garai of Raft thinks borrowing against staked $ETH is the way to go
Manage episode 362543067 series 2973922
Get ready for a powerful new idea to alter the framework of DeFI!
When the bear market forced Tempus Finance to build something new, David Garai and his team refused to back down. Searching for the next revolutionary idea, they identified one of the most challenging problems in DeFi: the need for a truly decentralized stablecoin.
Enter Raft and the groundbreaking stablecoin, $R. Tying it to borrowed staked ETH, they've developed a game-changing solution that promises longevity and success. Prepare to be blown away by David's riveting conversation, as he shares vital lessons for founders in this era of constant innovation. Don't miss this incredible journey into the heart of DeFi's untamed frontier!
Join the Mission: DeFi community as we discuss $R and so much more - https://t.me/missiondefi
Project Name: Raft
Project URL: https://md1.to/raft
Project Twitter: https://md1.to/rafttwitter
Guest Name: David Garai
Guest Twitter: https://md1.to/davidgaraitw
This is not financial advice. Nothing said on the show should be considered financial advice. This is just the opinions of Brad Nickel and our guests. None of us are financial advisors. Trading, participating, yield farming, liquidity pools, and all of DeFi and crypto is high risk and dangerous. If you decide to participate, do your own research. Never count on the research of others. We don't know what we are talking about and you can lose all your money. Never invest more than you can afford to lose, because you probably will lose it all.
--- Support this podcast: https://podcasters.spotify.com/pod/show/missiondefi/support
448 episode
Manage episode 362543067 series 2973922
Get ready for a powerful new idea to alter the framework of DeFI!
When the bear market forced Tempus Finance to build something new, David Garai and his team refused to back down. Searching for the next revolutionary idea, they identified one of the most challenging problems in DeFi: the need for a truly decentralized stablecoin.
Enter Raft and the groundbreaking stablecoin, $R. Tying it to borrowed staked ETH, they've developed a game-changing solution that promises longevity and success. Prepare to be blown away by David's riveting conversation, as he shares vital lessons for founders in this era of constant innovation. Don't miss this incredible journey into the heart of DeFi's untamed frontier!
Join the Mission: DeFi community as we discuss $R and so much more - https://t.me/missiondefi
Project Name: Raft
Project URL: https://md1.to/raft
Project Twitter: https://md1.to/rafttwitter
Guest Name: David Garai
Guest Twitter: https://md1.to/davidgaraitw
This is not financial advice. Nothing said on the show should be considered financial advice. This is just the opinions of Brad Nickel and our guests. None of us are financial advisors. Trading, participating, yield farming, liquidity pools, and all of DeFi and crypto is high risk and dangerous. If you decide to participate, do your own research. Never count on the research of others. We don't know what we are talking about and you can lose all your money. Never invest more than you can afford to lose, because you probably will lose it all.
--- Support this podcast: https://podcasters.spotify.com/pod/show/missiondefi/support
448 episode
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