Paul Frambot
speaker
486 appearances
1 recordings
1 series
first heard Jul 2026
last heard 29 Jul
Paul Frambot’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
Apollo is like the largest private credit fund in the world.
They're, you know, investing in Morpho.
Those guys are the most complex portfolio manager in the entire world.
Like they don't need someone to tell them, hey, my, you know, DAO is going to set the rate for you.
They hate that.
And, you know, I've pitched to like all the largest traditional financial institutions in the world.
And like pretty much half of them are like this interest rate model thing is the most stupid thing we've ever seen.
Which, why?
Why do they think it's stupid?
Because they don't, like, from their perspective as portfolio managers, they want to control their, like, for a given risk, they want to be able to control their rate and their terms.
And the DeFi construct does not let you, does not make you owner of your terms.
You basically, the terms that you have are dictated either by a formula in the case of MorphoBlue or a governance in the case of Aave.
And basically, to their eyes, it's a retail product.
It's basically like Aave is the asset manager and you deposit money into it and they choose the risk profile for you, right?
And so basically, from their perspective, they're the good asset managers.
They don't want to rely on anybody doing that for them, right?
Right.
Which, by the way, is different than trading.
I think DeFi trading and DeFi lending has a very different trajectory.
And I think Uniswap has been able to get to much cleaner primitives sooner because it's lower dimension.
Showing 81–100 of 486 · page 5 of 25
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