Sentiment: Infrastructure Layer or Degen Tool? Yes. ft 0xSnarks, Ruvaag, and Sath


Manage episode 326167820 series 2933459
By Yunt Capital. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

In the latest episode of GoodWill Yunting, I’m joined by Sath to talk to the two big brains Ruvaag and Snarks from the soon™ to be released, under-collateralized borrowing protocol Sentiment. As a disclosure, Yunt is a seed investor in Sentiment, and we couldn’t be more bullish on them. The conversation begins with talk of how degens can use the protocol’s under-collateralized vaults for leveraged longs, shorts, yield farming, and more. Snarks and Ruvaag mention the protocol’s goal to be a composability and infrastructure layer for users, devs and protocols across DeFi. We discuss how Sentiment allows for very simple to very complex degen strategies for every part of the bell curve, strats that can include yield bearing tokens, LP tokens, and option strats. Snarks speaks to their vision of allowing for devs to build strategies on top of Sentiment and use the margin accounts to source liquidity and use Sentiment as a distribution channel. Sath remarks on how they’re forwarding thinking in many ways including using ERC 4626 standard for their vaults and all the interesting compossibility possibilities that offers. Finally, in regard to Sentiment, we dive into cross-marginalization in vaults using interest-bearing tokens like yDAI and stETH as collateral to earn while you borrow. We end by talking about market sentiment and the all-important topic of the bobba physics of Anata NFTs, and how a paper should be written about it.
If you enjoyed the episode, please subscribe, rate, and share so we can continue to get amazing, alpha dropping guests. We plan to release episodes bi-weekly, so don't sleep!
Big thank you to Snarks, Ruvaag, and Sath for taking the time out of their day to talk crypto with us. You can find them on Twitter @ruvaag, @0xSnarks and @Sathematical. Feel free to tweet or message me @TheRogueItachi. You can find the pod on Twitter @GoodWillYunting

As always, Yunt Hard, Yunt Fast, Yunt Capital.
Disclaimer: Nothing said on this podcast is advice or a solicitation to buy or sell any assets or tokens. We may, and often because we’re passionate about the projects we bring on, hold investments in the project and even work in their communities. None of this is financial advice, please do your own research; this is a risky field.

24 episodes