Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Shuyao Kong

๐Ÿ‘ค Speaker
178 total appearances

Appearances Over Time

Podcast Appearances

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

Very sophisticated.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

It took the team five years to build it, by the way.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

Like, I'm not sure people understand how difficult it is to build a DAX.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

And then we also have a bunch of what I call them the left curve apps.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

The left curves apps are really the goal is to bring order flow, is to bring novel experiences to users.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

And I'm sure your audience are familiar with the euphoria of the world, the hit one of the world.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

And by the way, even these apps are difficult to build because every single financial experience involves market makers.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

involves settlement.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

It involves user experiences that needs to feel real time.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

So the reason the KPI took two months to hit is precisely because it was a little hard for all of them to get together and integrate in time.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

So for audience who are not familiar, I think, let's zoom back, right?

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

I think when Mega comes out, we basically redefine what a blockchain is.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

I think the idea of blockchain as just a chain database is just gone, right?

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

You build a fast chain, but then you also have to build the economic engine on top of it.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

You also have to facilitate liquidity hub, which is the world market.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

And I look at our stablecoin as part of the infrastructure.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

And the goal is very simple, right?

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

The goal is if you are part of the ecosystem, we rally behind a protocol native stablecoin that gives everybody comfort and ease of familiarity to use USDM.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

But in the meantime, USDM, the yield generated from the stablecoin is going directly back to the token holder.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

I'm a very strong advocate.