Tom Schmidt, junior associate at Dragonfly Capital, talks about how liquidators are creating wealth in DeFi — on which protocols, how liquidations work, and the way a lot cash they’re making. He additionally discusses how liquidators do their work, how simple it’s to create a bot to look at for liquidation alternatives, and the way aggressive the house is. We additionally talk about the rising aggressive pressures, each from different liquidators in addition to savvier debtors.
Thanks to our sponsors!
eToro: https://www.etoro.com
Crypto.com: https://crypto.com/
Kelman Legislation: https://kelman.legislation
Episode hyperlinks:
Tom Schmidt: https://twitter.com/tomhschmidt
Dragonfly Capital: https://www.dcp.capital
Tom’s put up on Liquidations in DeFi: https://medium.com/dragonfly-research/liquidators-the-secret-whales-helping-defi-function-acf132fbea5e
Unchained interview on Compound: https://unchainedpodcast.com/how-youll-earn-interest-on-your-crypto-with-compound-ep-82/
Unchained interview on MakerDAO, pt. 1: https://unchainedpodcast.com/rune-christensen-of-makerdao-part-1-how-to-keep-a-crypto-collateralized-stablecoin-afloat/
Unchained interview on MakerDAO, pt. 2: https://unchainedpodcast.com/rune-christensen-of-makerdao-part-2-how-dai-stayed-at-1-while-eth-crashed-from-1400-to-85/
Unchained interview on dYdX: https://unchainedpodcast.com/how-dydx-allows-you-to-take-a-short-position-in-one-token-ep-86
The hyperlinks from this week’s information recap:
https://unchainedpodcast.com/games-that-look-like-finance/
