Welcome to the fifth episode of the View from the Nest Podcast! Listen in as AG and Dark Forest go over the most recent happenings within the community. This week we get carried away talking about Binance Smart Chain and gas fees before diving into what’s been happening at the Coop. Topics covered are:
Mainly that Binance kept pausing withdrawals because of congestion and high gas fees, which highlighted the difference between centralised vs decentralised networks. Ethereum doesn't prevent you from transacting for any reason because it can't
I love the point AG makes in terms of $FLI reducing impairment loss for LP's. Impairment loss is definately a risk and is caused by volatility, $FLI can be packaged as a hedge against volatility risk. I love when the indexcoop creates simple products that solve problems for real users in the Defi Eco-system. Keep it up with the podcast, I always learn something new about Indexcoop when listening to the podcast.
Mainly that Binance kept pausing withdrawals because of congestion and high gas fees, which highlighted the difference between centralised vs decentralised networks. Ethereum doesn't prevent you from transacting for any reason because it can't
I love the point AG makes in terms of $FLI reducing impairment loss for LP's. Impairment loss is definately a risk and is caused by volatility, $FLI can be packaged as a hedge against volatility risk. I love when the indexcoop creates simple products that solve problems for real users in the Defi Eco-system. Keep it up with the podcast, I always learn something new about Indexcoop when listening to the podcast.
Guys i couldn't catch what you said about BSC? Any thoughts on that to elaborate