Diving Into Leverage Mode with Hedge Labs

Update: 2022-07-08

Description

In this episode of Exploring Solana with Jupiter, let’s learn about HedgeLabs with product and business developer Haoqian Zheng and how they accommodate leveraging with the lowest collateral in the market . Together with your host, Ben Chow, check this episode out if you are interested in taking your A game to the next level. If you liked this episode, don’t forget to subscribe and show your support to Exploring Solana with Jupiter by rating us 5 stars.

Definition of Terms:

TPS- In the context of blockchains, transactions per second (TPS) refers to the number of transactions that a network is capable of processing each second.
UX- The worldwide cryptocurrency adoption growth of over 880% in 2021 has exposed long-ignored problems with user experience (UX) in crypto.
Oracle- Oracle offers easy ways to adopt blockchain technology including a cloud service
UI-The interface where interactions between humans and machines occur. It establishes how a user can interact with a machine.
APR- The crypto APR is the annual interest rate offered to customers who lend their tokens or crypto assets for borrowers to access at investment companies or cryptocurrency exchanges
Logic Wallet - a programmable wallet for DAOs which can delegate treasury authority using role-based access control
Wrapped sol - sol token pegged to the value of another crypto
USC - ultimate secure cash / utility settlement coin
Terra - a blockchain protocol and payment platform used for algorithmic stablecoins

Episode timeline:

[00:43 ] Learn more about HedgeLabs

[3:01 ] First experiences with cryptocurrency

[7:00 ] Standout things they’re proud of

[19:45 ] Making Logic even better

[22:40 ] Why there’s a minimum deposit

[32:24 ] Preparing for the worst in DeFi

[34:44 ] How they handle or recover things

[35:59 ] Thought process in integrating Jupiter

[39:18 ] What to build next

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