Episode Details

In this podcast, Jandevman gives us an overview of what they do at Liquidy, how the project originated, and how they ended up building on THORChain.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:02:00 Kenton update — Keplr should be working! More integrations are coming!

00:03:00 Affiliate page widget is ready for testing

00:04:00 Air Canada story

00:06:00 Jandevman introduction

00:10:00 What was so different about Kujira that attracted you to it?

00:13:00 Jandevman rebuilt everything from scratch

00:16:00 Treasury discussion — what were the assets?

00:17:00 What was MantaDAO?

00:19:00 Website walkthrough

00:21:00 Valuation breakdown — comparing Liquidy to TradFi

00:23:00 Kenton explains NAV and asks about redemptions

00:24:00 Financial reports and analytics breakdown

00:26:00 Expense breakdown

00:27:00 Revenue sources

00:29:00 Governance process breakdown

00:30:00 Simple majority or supermajority?

00:31:00 Veto power through a multisig

00:32:00 Bonk comparison

00:36:00 Raising external capital?

00:38:00 Growing the treasury

00:39:00 How does market making work?

00:43:00 Why isn't the LQDY token on the base layer?

00:45:00 How many wallets support secured assets?

00:47:00 Which other wallets should support secured assets?

00:48:00 What other financial primitives will LQDY be involved in?

00:52:00 Will LQDY get involved in lending?

00:55:00 What other assets will be acquired?

00:56:00 What about Auto Rujira?

00:57:00 Liquidity swap router breakdown

00:59:00 What's the difference between the swap router on Rujira and LQDY?

01:02:00 Comparing different liquidity pools

01:07:00 Will redacted functionality be available?

01:09:00 bRUNE breakdown

01:11:00 What is a good APY for users?

01:13:00 Will STO use the LQDY API?

01:15:00 Is there anything else you'd like to add?

01:18:00 Transparency discussion

01:19:00 Proposal discussion

01:22:00 Everything is on-chain

01:27:00 Thoughts on inflation

01:30:00 The model is beautifully simple

01:33:00 We need to do this again!

01:34:00 Conclusion