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From YouTube: DeFi with Vanessa from Agoric
Description
Learn more about the DeFi ecosystem
A
A
First
and
foremost,
as
this
series
is
all
about,
web3
talk
us
through
your
web
free
wherever
you
wish
to
start.
B
Yeah,
so
thank
you
for
asking
my
web3
journey
became
started
on
the
more
so
the
investing
side.
I
had
heard
about
bitcoin
and
ethereum,
but
I
was
quite
busy
with
other
life
events
in
each
of
those
times
when
they
launched
and
when
I
launched
my
fund
lattice
ventures
in
2016
by
2017.
B
We
saw
the
boom,
and
so
we
decided
to
dedicate
our
portfolio
a
part
of
it
to
crypto,
where
we
made
investments
in
block
stack
file
coin
and
a
couple
of
other
focused
crypto
businesses
which
are
still
doing
well
today,
including
stronghold,
which
has
now
shifted
to
a
different
industry
but
was
still
like
a
leader
in
the
stellar
community.
B
I
then
shifted
over
to
ripple
where
I
was
making
investments
on
their
behalf
of
a
team
that
used
to
be
called
spring.
I
made
15
investments
which
a
number
of
them
have
done
very
well,
including
that
of
agorik,
and
so
I
invested
in
a
gorgon
seed
extension
round
in
2019,
and
I
decided
to
come
over
here
full
time.
B
Know
everything
about
each
other,
and
so,
if
you
could
do
that,
you
know
oh
in
a
world
without
rug
pools.
What
would
that
look
like?
And
if
you
do
that,
then
anyone
can
interact
with
each
other
and
there
is
no
separation.
So
that's
a
big
focus
as
far
as
like
for
all
of
the
technology
they're
building,
which
is
open,
sourced
and
aligns
well
with
their
values.
B
Of
course,
so
d5,
which
stands
for
decentralized
finance,
is
a
world
where
you
don't
have
your
bank
or
any
other,
centralized
authority.
B
If
you
see
somebody
who
says
like,
oh
I'm
going
to
go,
buy
stocks,
they
usually
have
to,
you
know,
go
under
a
portal
or
a
centralized
source
which
is
going
to
control
how
much
monies
they
can
move
in
one
single
time.
It's
going
to
limit
some
of
the
activities
of
which
stocks
or
securities
that
they
can
buy
in
a
crypto
landscape.
B
You
connect
a
wallet
and
you
can
interact
with
that
protocol.
So
there's
no
username.
You
just
have
a
password
for
your
wallet.
It's
it's
very
different
from
what
you
interact
with
today.
B
Yeah,
it's
been
also
described
even
you
know,
for
some
countries
that
have
a
bit
less
reliable
economic
systems
just
as
a
whole
new
world
and
dream,
because
they
can
literally
access
their
own
assets
by
just
memorizing
a
seed
phrase
and
no
one
else
can
take
it
from
them
and
to
them.
That
was
the
most
secure
interaction
with
their
monies
that
they've
had
in
years.
B
Some
of
the
issues
are
regulatory
as
regulators
want
to
try
and
define
scope
and
seeing
what
can
be
controlled
and
a
new
technology
comes
up,
and
so
I
think
that's
like
one
thing
that
is
always
an
issue
to
to
sort
of
pay
attention
to.
Then
you
also
have
sort
of
like
the
security
and
safety.
A
Yeah
and
how
aggregates
products
encouraging
the
creation
of
a
more
sustainable
economy.
B
Yes,
in
multiple
ways:
one
is
with
the
infrastructure
itself.
There
has
been
extensive
development
to
ensure
that
there
is
separation
of
different
pieces
in
the
code,
so
that
nothing
can
overstep
its
authority,
and
so,
if
you
have
a
transaction
somebody
you
don't
know,
there
should
be
no
way.
They
should
be
able
to
reach
your
assets
in
the
middle
of
a
trade
and
not
send
you
back
what
you
need.
B
They've
designed
it
such
that
you
would
have
to
on
each
party
side
deposit
the
assets,
then
the
contract
would
then
read
that
the
needs
and
wants
are
met
and
then
releases
them.
So
that's
just
at
sort
of
the
at
the
concept
level
for
offer
safety
of
the
smart
contract
framework
in
order
for
it
to
become
a
sustainable
economy.
B
We're
building
the
open
source
software
for
inner
protocol.
B
Inter-Protocol
is
really
the
bedrock
of
the
economy
where
it's
a
stable
token
is
being
created,
inter-stable
token
ist
and
that's
going
to
be
used
for
payments
in
the
economy,
for
paying
for
gas
fees
as
well
as
commutes
as
a
medium
of
exchange,
and
the
reason
that's
important
is
because,
as
economy
grows,
you're
going
to
need
this
asset
to
be
able
to
exchange
with
other
people
in
the
economy,
whereas
in
other
networks
they
use
the
staking
token
for
those
payments
at
times.
And
so
you
really
have
this
struggle
for
letting
an
economy
grow.
A
B
In
this
way,
we
believe
this
will
be
a
more
efficient
way
to
grow
an
economy.
B
People
get
so
excited
when
I
tell
them,
I
mean
when
I
met
conferences
and
I
talk
to
traders,
I
talk
to
developers
and
they're.
Just
like
wait
a
minute.
I
could
pay
gas
fees.
The
stable
token,
like
I
get
that
the
gas
fees
might
vary
a
bit,
but
like
the
asset
price,
won't
change.
It's
like
one
less
thing
to
keep
track
of.
Oh,
and
I
told
the
team
I
was
like.
I
can't
believe
how
excited
people
are
getting.
You
would
think,
like
you
know,
we're
recreating
a
whole
new.
A
B
B
A
B
B
B
We've
spoken
with
they've
said
that
you
know
they've
looked
at
other
platforms,
they
looked
at
other
things,
and
this
is
the
one
thing
they've
been
trying
to
do
for
a
number
of
years,
but
couldn't
achieve
it
in
other
networks,
and
so
they
can
write
a
policy
against
a
smart
contract
and
whatever
the
event
is
to
cash
in
a
policy,
if
you
will
right
to
make
a
claim
can
actually
be
brought
in
with
the
data
feed
such
that
once
that
event
occurs,
then
the
payout
just
happens
automatically,
and
so
this
is
sort
of
like
a
new
efficiency
to
the
insurance
experience,
and
so
we've
been
speaking
to
different
groups,
who
are
just
so
excited
to
be
able
to
actually
do
this
on
chain.
A
One
example
yeah
so,
for
example,
in
this
country
we
had
a
very
well
on
the
east
coast.
We
had
a
very
wet
summer
and
that's
saying
but
la
nina
might
be
coming
quite
common
in
australia
and
we
might
get
to
a
point
in
the
ten
years
where
one
one
of
four
homes
in
australia
gets
unassurable,
but
and
also
that's
all
whole
rougher
about
the
traditional
treatments
not
paying
up.
But
if
you
have
a
system
like
that,
I
think
they
might
be
a
bit
more
well.
I
guess
sustainable
more
accountable
too.
A
B
B
There
are
multiple
reasons:
one
it's
a
huge
opportunity
for
javascript
developers.
Blockchain
developers
are
going
to
continue
to
grow
in
demand
and
there's
it's
it's
a
very
small
community.
Today,
it's
usually
limited,
but
as
far
as
increasing
number
of
developers
in
the
sort
of
like
on
chain
smart
contract,
but
that's
usually
because
it's
with
solidity
or
rust,
which
are
newer
languages.
B
But
javascript
is
you
know,
10
million
plus
developers
in
the
world,
and
it's
a
language.
That's
been
around
long
enough
where
there
have
been
committees
dedicated
to
ensuring
that
they've
made
the
right
decisions
as
to
what
goes
in
and
what
stays.
B
What
should
not
be
included
in
the
language,
and
so
we
believe
there's
an
opportunity
to
help
bring
industries
to
the
next
level
for
on-chain
smart
contracts
by
bringing
in
javascript
developers,
so
they
will
be
able
to
become
experts
overnight
and
now
numerous
industries
and
companies-
and
you
know
even
early
entrepreneurs-
will
be
able
to
create
their
own
on-chain,
dap
or
smart
contract
use
case.
So
it
goes
both
ways.
B
A
A
B
In
five
ten
years
time,
I
can
have
my
ideal
answer
versus
my
grumpy
reality
view
right.
Let's
see
it's
20
20
to
the
world's
gonna
have
a
lot
of
problems
in
2032,
but
let's
go
with
2027..
B
I
think
that
I'd
like
to
see
a
definitely
wider
user
adoption
in
five
years
from
now
for
some,
maybe
some
more
novel
investment
use
cases
and
decentralized
finance,
where
more
people
can
have
access
to
their
monies
and
other
upside
opportunities
that
might
be
of
benefit
to
them,
because
I
feel
like
it's
quite
limiting
still
you'll
see
all
these
different
sort
of
wealth
management
worlds
to
try
to
hit
the
middle
market
or
different
levels
of
income
that
aren't
targeted
today,
and
I
think
that
this
would
be
a
great
way
opening
that
up.
B
I
also
I.
I
sincerely
hope
that
the
united
states
and
other
countries
that
are
sort
of
not
as
open
to
blockchain
and
crypto
technologies
really
turn
around
on
that.
Just
for
you
know
really
embracing
innovation
and
working
collaboratively
with
it.
I
think
it
would
be
just
a
huge
advantage
for
both
sides
of
the
table.
The
people,
as
well
as
the
governments
to
just
embrace
it
so
that's
my
ideal,
hopes
and
dreams
for
five
years
from
now,
and
I
think
I'll
stick
with
that.
B
That's
I,
I
think
you
know
the
wider
adoption
on
the
user
side,
more
developers
that
can
develop
and
javascript
is
going
to
be
game
changing
and
that
I
think
regulators
are
sort
of
like
embracing
a
bit
more
of
the
opportunity
in
the
space
versus
the
whatever
it
is
that
they're
they're
they're,
preventing
them
from
moving
forward
today,.
A
Okay,
good
answer
and
before
we
wrap
things
up,
somebody
sitting.
A
A
B
A
Slide
don't
rip
people
off
or
you
know,
get
the
get
underpaid.
Anything
like
that.
I
think
it'll
be
a
little
ngo
where
I
can
get
d
fly
into
these
communities
and
just
really
just
trying
to
lift
these
people
up
and,
of
course,
if
we
can
attach
it
to
something
that
people
care
about
like
a
product
like
coffee.
B
Well,
if
you
decide
to
proceed
and
vote
and
go
forward
in
building
something
like
that,
you
could
come
talk
to
us
or
come
talk
to
the
decentralized
cooperation
foundation,
which
is
the
foundation
in
the
igor
community.
We're
always
looking
and
speaking
with
different
app
developers
on
a
regular
basis,
as
well
as
companies
that
are
trying
to
extend
into
a
new
use
case
for
on-chain
development.
A
Hey
vanessa,
where
else
can
the
audience
can
find
you.
B
You
can
find
me
on
twitter,
the
handle
is
vanessa
dice
or
if
you
speak,
spanish
vanessa
di
it's
the
same
two
words
just
said
differently:
I'm
most
active
there
I
take
my
dms
are
open
and
I
also
actively
use
linkedin
it's
more
from
my
venture
capital
side,
because
I
just
you
just
meet
so
many
people
when
you're
in
the
vc
world
and
then
I'm
I
live
outside
of.
I
live
in
new
jersey,
so
also
I
can
be
physically.
B
You
know,
visiting
new
york
or
anything
else,
and
that's
where
I
usually
am.