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Lei Yang

๐Ÿ‘ค Speaker
495 total appearances

Appearances Over Time

Podcast Appearances

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

So,

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

So I think this is just one example of DeFi composability.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

But with lending being bootstrapped right now, we also expect to see just the normal DeFi composition between lending and yield-bearing tokens and stuff.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

So yeah, I found it to be quite exciting.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

So yeah, you're right on the point.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

Yeah, 100%.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

And this is where I think composability really shines because if you, yes, you can, of course, build, say, Hit1 and Bricks each as an app chain, as an app on an app chain, but then liquidity between the two apps will not,

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

interplay right and yes you can have i think nowadays cross-chain transfers cross-chain transfers are becoming faster and faster but i think a few weeks ago we just saw the uh like the other side of it right because you're also still sustaining a lot of centralizing risks

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

Yeah, so exactly right.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

World is kind of becoming a, like a central, yeah, when I said central, I didn't, of course, it didn't mean central exchanges.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

It's a liquidity hub.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

It's a central liquidity hub.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

Exactly.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

It's like a hub of liquidity, of liquidity on MegaEth and, yep.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

Yeah, the collocation protocol is kind of centered around the question of how can we capture a fair share of value for the volume, for the transaction volumes on the chain.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

So if you think about USDM and the collocation protocol, USDM captures money's value at rest and the collocation protocol captures value when the monies are moving or like actively participating in trading.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

Yeah.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

Yes, exactly.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

So it's mainly centered around our whole architecture of having a few beefy sequencers being the servers processing the transactions.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

And around them, we can build a semi-exclusive cohort of servers where we can rent out