Liquity's Robert Lauko On Censorship And Building A Fully Decentralized Stablecoin
Description
This week on The Defiant Podcast we speak with Robert Lauko, founder & head of research at Liquity, an overcollateralized DeFi lending protocol and issuer of the LUSD stablecoin.
Following the fallout from CeFi services such as Voyager, BlockFi, and Celsius, the focus has shifted back to the core values of decentralization, which Liquity tries to apply to the fullest: LUSD is backed purely by Ether and Liquity is governance-free and has no centralized frontend.
Crypto mixer Tornado Cash was recently sanctioned by the US Department of the Treasury together with addresses that interacted with the protocol. This prompted other DeFi protocols such as Aave and dYdX to blacklist those addresses in a bid to minimize legal risk. Robert discusses how DeFi projects can deal with censorship.
Thanking our podcast sponsors:
1inch is a DEX aggregator that finds the best rates across multiple networks. Why use a single DEX when you can use them all? Find your best deal at 1inch.
Pods stETHvv allows you to accumulate more ETH in only one click. Every time ETH price bounces, up or down, the vault earns more ETH. In this market it's not a matter of IF price will move, but WEN.
ZenGo a crypto wallet that uses biometric encryption, 3FA authentication and MPC wallet cryptography instead of private keys.
ApeX Protocol: Engineered for high-performing precision trades in the decentralized derivatives market.