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Epicenter Media Ltd.에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Epicenter Media Ltd. 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
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Benjamin Sarquis Peillard: Cap Labs – Insured Yield & the Future of Stablecoins

58:02
 
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Manage episode 510241733 series 41400
Epicenter Media Ltd.에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Epicenter Media Ltd. 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

In this episode, Sebastien Couture is joined by Benjamin, the founder of CAP, a stablecoin protocol designed to provide insured yield. The protocol features two main products: CUSD, a digital dollar, and stCUSD, its staked, yield-bearing version. Yield is generated through an "allocation engine" where third-party operators borrow from the protocol's reserve to execute yield strategies. To ensure user deposits, these operators must be vouched for by restakers on protocols like Symbiotic. If an operator defaults, the restakers who vouched for them are slashed, protecting the stablecoin holders' funds. This model shifts risk from the end-user to the restakers, who have a bilateral relationship with the operators they underwrite, often backed by legal agreements.
Topics covered in this episode:
- Benjamin's background and perspective on China
- Journey into crypto and stablecoins
- Hot Take: Stablecoins are not as safe as you think
- The evolution of stablecoin models
- Has DeFi forgotten about decentralization?
- CAP's design: CUSD and stCUSD
- How CAP generates yield with operators and restakers
- The role of restakers and legal agreements
- Integrating with Symbiotic and views on EigenLayer
- The best use cases for shared security
- Navigating the Genius Act and global regulations
- Rebuilding trust in the DeFi ecosystem
- Why the stablecoin space is not too crowded
Episode links:
- [Benjamin on X](https://x.com/Benjamin918_ )
- [Cap Money](https://x.com/capmoney_)
Sponsors:
- Chorus One: Chorus One runs validators on cutting edge Proof of Stake networks such as Cosmos, Solana, Celo, Polkadot and Oasis. - https://epicenter.rocks/chorusone
- Gnosis: Gnosis builds decentralized infrastructure for the Ethereum ecosystem, since 2015. This year marks the launch of Gnosis Pay— the world's first Decentralized Payment Network. Get started today at gnosis.io -
This episode is hosted by Sebastien Couture. Show notes and listening options: [epicenter.tv/618](https://epicenter.tv/618)

  continue reading

883 에피소드

Artwork
icon공유
 
Manage episode 510241733 series 41400
Epicenter Media Ltd.에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Epicenter Media Ltd. 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

In this episode, Sebastien Couture is joined by Benjamin, the founder of CAP, a stablecoin protocol designed to provide insured yield. The protocol features two main products: CUSD, a digital dollar, and stCUSD, its staked, yield-bearing version. Yield is generated through an "allocation engine" where third-party operators borrow from the protocol's reserve to execute yield strategies. To ensure user deposits, these operators must be vouched for by restakers on protocols like Symbiotic. If an operator defaults, the restakers who vouched for them are slashed, protecting the stablecoin holders' funds. This model shifts risk from the end-user to the restakers, who have a bilateral relationship with the operators they underwrite, often backed by legal agreements.
Topics covered in this episode:
- Benjamin's background and perspective on China
- Journey into crypto and stablecoins
- Hot Take: Stablecoins are not as safe as you think
- The evolution of stablecoin models
- Has DeFi forgotten about decentralization?
- CAP's design: CUSD and stCUSD
- How CAP generates yield with operators and restakers
- The role of restakers and legal agreements
- Integrating with Symbiotic and views on EigenLayer
- The best use cases for shared security
- Navigating the Genius Act and global regulations
- Rebuilding trust in the DeFi ecosystem
- Why the stablecoin space is not too crowded
Episode links:
- [Benjamin on X](https://x.com/Benjamin918_ )
- [Cap Money](https://x.com/capmoney_)
Sponsors:
- Chorus One: Chorus One runs validators on cutting edge Proof of Stake networks such as Cosmos, Solana, Celo, Polkadot and Oasis. - https://epicenter.rocks/chorusone
- Gnosis: Gnosis builds decentralized infrastructure for the Ethereum ecosystem, since 2015. This year marks the launch of Gnosis Pay— the world's first Decentralized Payment Network. Get started today at gnosis.io -
This episode is hosted by Sebastien Couture. Show notes and listening options: [epicenter.tv/618](https://epicenter.tv/618)

  continue reading

883 에피소드

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