Edward Yu – Bringing OTC On-Chain and the VariationalOMNI Perp Dex (S7E18)

Bullish:

• $OMNI - Omni's business model shows promise with higher revenue per dollar traded and lower transaction costs compared to competitors, indicating a strong market position and potential for growth.

  • “Users are also sometimes a little bit surprised because I say, according to our market research, we're making two x the amount of revenue per dollar traded. And for the user, the transaction cost is actually lower compared to, like, Binance or Hyper Liquid, etcetera.”

    Edward·30:21
• $VARIATIONAL - Variational aims to create segregated financial networks, potentially becoming a 'Shopify for derivatives', indicating a long-term vision for growth and innovation in the derivatives market.

  • “Our dream, a really long term vision, would be a bunch of segregated financial networks. One analogy you could think of as Shopify for derivatives.”

    Edward·25:25
• $DEFI - While full decentralization is not yet achieved in most protocols, there is a belief in its value as an end goal, with a focus on gradual implementation and prioritizing impactful aspects.

  • “I think as it currently stands, very few protocols are 100% decentralized. But I do think that is a good end state for things to end up. So I think it's about taking it one step at a time and focusing on the meat of the matter and what gives you the most bang for your buck.”

    Edward·47:01