Bringing DeFi Back to First Principles
Episode Summary
In this episode, Greg Di Prisco joins us to chat about all things DeFi Protocol Design. Greg is the former Head of Business Development at MakerDAO and is now Co-founder at Ajna Finance, an innovative oracle-free lending and borrowing protocol soon to be redeployed. In our conversation, we cover Ajna's recent griefing exploit, designing DeFi from first principles, and the future of Ajna's ecosystem growth and development.
Time Stamps
0:00 Intro
1:15 Greg's Journey and Source of Inspiration
3:27 How MakerDAO Influenced Greg
5:35 Maker's Focus on Governance
7:40 Greg's Push for Real-World Assets at Maker
11:13 What Influenced Ajna Finance
13:22 How Ajna Finance Innovates
14:48 Ajna UX Conisderations
17:03 The Complexity Barrier
19:18 DeFi's New Direction
22:42 Protocol Upgradeability
25:23 How Ajna Scales
28:11 Lessons from Building Ajna
29:50 The Ajna Vulnerability
35:30 Ajna Multichain Strategy
38:07 Ajna Grants Program
40:53 Ajna Ecosystem and Growth
42:30 Why the D in DeFi is a Farce
47:15 Final Thoughts/Outro