Investing in DeFi with Re7 Capital: yield, risk management, data, valuation | Fundamentals ep.79

Fundamentals

In today's episode, we’re joined by Evgeny Gokhberg – the founder of Re7 Capital – a fund that specializes in DeFi R&D and liquid crypto investment strategies. We delve into the vast arena of DeFi, exploring everything from generating yield to managing risks. We discuss the intrinsic value of crypto, how investors should approach valuing multidimensional cryptoassets, and what Re7’s edge is in the space. Tune in as we dive deep into exciting trends, case examples from Re7s portfolio, the best KPIs to look at when assessing an investment opportunity, the challenges we face as an industry, the critical need for onchain data analytics, and Re7's framework for managing risks within DeFi. Re7 Capital: https://www.re7.capital/ Evgeny on X: https://twitter.com/evgeny_re7 Re7 on X (Twitter): https://twitter.com/Re7Capital Make sure to leave a comment if you have any questions 🙌 📊 Token Terminal platform: ► https://www.tokenterminal.com/ ----------------------------------------- 💬 Join our Discord: ► https://discord.com/invite/tokenterminal ----------------------------------------- 📱 Follow us on Twitter: ► https://twitter.com/tokenterminal ----------------------------------------- 📩 Subscribe to our Newsletter: ► https://tokenterminal.com/resources ----------------------------------------- Timestamps: 00:00 Introduction

01:22 Overview of Re7 Capital

03:33 Building a cycle agnostic business

06:07 What is Re7’s edge?

07:59 Current state of the market, and what makes web3 interesting

11:44 What is intrinsic value in crypto?

15:21 Valuing a multidimensional asset like ETH

20:12 The significance of monetary premium for an asset like ETH

24:03 Betting on ETHs growth rather than moneyness

25:19 Investment approach to DeFi applications

30:33 KPIs for identifying potential success in early stage projects

33:19 The power of granular transaction-level data

34:26 Achieving similar upside to traditional VC in a de-risked fashion

37:30 The pros and cons of liquid venture

39:30 Case example from Re7s portfolio: Gelato

43:28 The Re7 Risk Index

49:08 What trends and market sectors currently stand out in crypto?

51:12 The biggest challenges and opportunities for Re7 today … Crypto redefines the way businesses are built and operated. Token Terminal gives you the tools to evaluate and track the most promising projects. The following content is meant purely for educational and informational purposes, and should not be relied upon as financial, investment, legal, tax, or any other professional advice. The authors of this content, or members, affiliates, or stakeholders of Token Terminal may be participating, or are invested, in protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol. None of the content and information herein is presented to induce or to attempt to induce any reader or other person to buy, sell or hold any token or participate in any protocol or enter into, or offer to enter into, any agreement for or with a view to buying or selling any token or participating in any protocol. Statements made herein (including statements of opinion, if any) are wholly generic and not tailored to take into account the personal needs and unique circumstances of any reader or any other person. Readers are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol. Observations and views expressed herein may be changed by Token Terminal at any time without notice. Token Terminal accepts no liability whatsoever for any losses or liabilities arising from the use of or reliance on any of this content. #Re7Capital #Fundamentals #DeFi #Crypto #TokenTerminal