James Slazas, founder and CEO of LiquidStake and DARMA Capital, describes their retail and institutional offerings for customers who want to stake on Ethereum 2.0 but still access the locked-up capital. In this episode, we discuss:
- what problem LiquidStake solves and how
- what happens if the dollar value of someone’s stake drops below the amount that they’ve borrowed
- who keeps the ETH in a liquidation
- how LiquidStake makes money
- how they determine the price of ETH to make the loan and what it does in the event of a flash crash on an exchange
- how LiquidStake and DARMA Capital are also serving institutional clients
- how total return swap agreements with DARMA work
- why they offer more tax and regulatory clarity
- why LiquidStake currently offers USDC for its stablecoin
- the pros and cons of a centralized loans on staked ETH 2 over decentralized ones
- the other crypto systems LiquidStake is partnering with
- how LiquidStake and DARMA Capital are able to make these loans from a regulatory perspective
Thank you to our sponsor!
Crypto.com: http://crypto.com/
Episode links:
James Slazas: https://twitter.com/DARMA_Slazas
Liquidstake: https://liquidstake.com
DARMA Capital: https://darma.capital
LiquidStake announcements: https://www.coindesk.com/ethereum-heavyweights-launch-liquidstake-loans-to-ease-eth-2-0-lockup
https://www.theblockcrypto.com/linked/84277/eth2-liquidstake-borrow-eth-validators
LiquidStake blog post: https://liquidstake.com/blog/1
Link to the Crypto News Recap:
https://unchainedpodcast.com/this-is-pushing-up-the-price-of-bitcoin/