11 - How to go Bankless with Compound | Robert Leshner
Interest as a money lego & the future role of COMP tokens
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🎙️NEW PODCAST EPISODE
May 11, 2020
Your savings account, your high-yield bank deposits, a CD. Can we replace these bank functions with a protocol?
Compound seems to think so. Compound is a two-sized money robot that provides borrowing and lending to create something new: interest. Learn what it does, why it's powerful, and how it's evolving as we talk with Robert Leshner. We even ask if there's a way for the community to get its hand on some Comp tokens and start shaping the future of the protocol.
What you can do w/ Compound
Power of programmable interest
How Compound's different than:
WellsFargo (traditional banks)
Maker (other procotols)
BlockFi (crypto banks)
If crypto banks will out-compete DeFi
How you can get COMP tokens
Future of protocol politicians
The protocol sink thesis
Robert's biggest fear for DeFi
How the Bankless community can help
Before the episode begins we also talk about:
Tron stealing our tax money
What wBTC backing means for DAI
Tools from our sponsors to go bankless:
Monolith - holy grail of bankless Visa cards
Aave - money lego for lending & borrowing
Compound protocol - interface
Dharma - build on Compound
Compound governance - interface
Ryan's voting record - two votes!
How to get a Dai savings Rate - include Compound
Stay tuned for governance opportunities:
Here's how Bankless plans to govern
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