Ep 12 - Mike Silagadze from EtherFi

Today, we’re joined by Mike Silagadze, the CEO and founder of EtherFi. Before EtherFi, he was the founder and CEO of Top Hat, a dynamic courseware company for educators. He scaled that to over 500 employees and $60 million in revenue before switching his focus to crypto.Mike was also early to Bitcoin. His first Bitcoin purchase was at 80 cents in 2011, and he has been closely following the space ever since.Our conversation delves into the waters of the liquid restaking landscape, discussing the value and risks associated with it.  We uncover the genesis and evolution of EtherFi over the years. Mike shares how EtherFi went from being a hedge fund to becoming the largest liquid restaking protocol on Ethereum.We also get Mike’s thoughts on the difficulties of doing an airdrop and the low float high FDV meta.Listen for a crash course on liquid restaking and the road ahead for EtherFi. _________Links.1. Newsletter : Decentralised.co2. Our Twitter: https://x.com/Decentralisedco3. Saurabh Deshpande: https://x.com/desh_saurabh4. Mike Silagadze: https://x.com/MikeSilagadze This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.decentralised.co