Why These DeFi Builders Are Betting It All on Coinbase’s L2, Base - Ep. 894
Episode publishedPodcast: UnchainedUnchained
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And what differentiates Aerodrome and Moonwall is we are base focused. We've been base focused on the line for over two years now, and we just know that eventually Coinbase is gonna be the biggest on chain economy in the world. The DeFi two point o protocols, like aerodromes and moonwalls and hyperliquids of the world, will succeed because they actually accrue real value back to token holders in a way that is not just snapshot voting.
I think any protocol that has a sustainable flywheel associated with it is far more sustainable than the traditional sell tokens allocate them to themselves. Incentivize insiders so you can guess larp about being sustainable on the outside.
With Coinbase's transition to having a DeFi mullet underway, I thought it would be a good idea to catch up with some base DeFi builders. Alex Cutler of Aerodrome and Luke Youngblood of Moonwell talked about why they see so much opportunity to be building DeFi on base when it seems like this next phase of crypto adoption will be about distribution, which means that CeFi and DeFi mashups will be how DeFi builders access users. They talked about the benefits of building on base with automatic token listings on Coinbase, plus liquidity benefits, as well as a big advantage in accessing a user base
Thank you so much for having us.
Thanks for having us, Laura. Great to be here.
Yeah. Excited to chat. So why don't we start with some brief intros and background on each of you and your projects? Alex, do you want to start?
Yeah, you bet. I got into DeFi in 2020, 2021, DeFi summer, caught the DeFi bug prior to that. I spent some time working in politics, worked in tech for a period of time and consulting and basically once I got that DeFi bug, quit my job, went full time crypto, didn't really know exactly what I was going to do, but met some other smart people, found my way to becoming kind of an accidental founder and builder in the space, first with Belladrome Finance, which is on OP Mainnet and the top exchange of the Optimism Superchain, and then of course with Airdrome on Base.
And Luke, what about you?
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