Samy Karim Head of Business Development at Binance BNB Chain on State of DeFi

DeFi Sparks Podcast

Nick Drakon Twitter 👉 https://twitter.com/NickDrakon
Defi Sparks Podcast Twitter 👉 https://twitter.com/DefiSparks
Defi Sparks Podcast 👉 https://www.defisparks.com/
Samy Karim has a unique vantage point of the state of DeFi from his position within the Binance organisation.
In our discussion, I ask him about changes he has seen post the change in market regime since may of this year, both on the user side and also on the developer side.
The BNB chain (formally Binance Smart Chain) is the biggest chain by TVL outside of Ethereum so from my perspective I want to be up to speed with development in that area. They are well funded obviously and according to Samy, has a strong desire to build an ecosystem that stands the test of time.
🔗 Useful Links 🔗
Samy Karim Twitter 👉https://twitter.com/cryp7omaxi
BNB Chain - 👉 https://www.bnbchain.org/en
BNB Chain MVB Program 👉 https://www.bnbchain.org/en/bsc-mvb-program

Chapters

1. Intro (00:00:00)

2. Samy's Background & Role (00:01:20)

3. Decentralised DeFi Trade Offs (00:02:50)

4. Activity Analysis (Users) (00:16:30)

5. Lack of Stress Testing in DeFi (00:23:00)

6. Funding for Security Firms (00:27:20)

7. Stable Coins & BUSD (00:29:45)

8. On Chain Derivatives (00:35:20)

9. Developer Demand (00:45:00)