#79 | 20% APY in a Bear Market? The Untapped Interest Rate Goldmine on Solana

In this conversation, Marco, Prastut, and Lambro discuss the evolving landscape of decentralized finance (DeFi), focusing on the Solana blockchain and the innovative Asgard platform. They explore the current state of the DeFi market, the importance of curiosity in crypto, and the potential for new financial technologies to reshape the industry. Prastut shares insights from his journey in the crypto space, emphasizing the need for quality applications and the role of curiosity in navigating the complexities of the market.---------Follow Marco's Twitter https://x.com/ManoppoMarco/Follow Lambro's Twitter https://x.com/2lambro/Follow Prastut's Twitter https://x.com/prastutkumar/Read our free newsletter for the next best web3 products, strategies, and trends. Join 17,000+ web3 builders and investors at: https://launchy.app/--------Chapters(00:00) Intro: Monad Airdrop "Flop" & The XRP Pump (01:31) The "Prop AMM" Revolution: Why Solana DEXs Are Changing (05:41) Macro Talk: Financial Nihilism & The End of the DEX Cycle (10:13) Why Perps Are Boring & The Untapped Spot Market (13:29) Prastut’s Journey: From Polkadot to Solana (16:48) What is Asgard? Building Internet Capital Markets (18:40) How "Credit-Backed Positions" Work (23:38) Live Demo: Aggregating Liquidity & Leverage on Solana (31:10) The "iPhone Moment": Moving Beyond Meme Coins (37:02) Interest Rate Derivatives (RateX, Exponent) (41:41) Trading Strategy: bulkSOL Arbitrage (48:13) The Problem with Consumer Crypto Apps (50:58) How to Survive the Bear Market: Curiosity vs. Jadedness------------------------------DisclaimerAll views expressed by the me is solely my opinions. I may maintain positions in the assets discussed in this podcast. This podcast is for informational purposes only and nothing in the podcast is intended to be financial, legal, or even life advice.