In this episode of Uneasy Money, Kain Warwick, Luca Netz, and Taylor Monahan discuss recent trends in the crypto space, including the resurgence of ICOs and their potential benefits and drawbacks, using examples like MegaEth, Monad, and Aztec. They delve into the history of ICOs, highlighting the EOS ICO and Gnosis, and explore the differences between ICOs and airdrops, referencing Luca's experience with the Pengu token. The conversation shifts to Hyperliquid, a decentralized exchange, and the controversy surrounding its liquidation policies, with the hosts analyzing the perspectives of both traders and the exchange's founder. Finally, they examine Multicoin's investment in Ethena (ENA), a project tokenizing the basis trade, and discuss the potential risks and black swan scenarios associated with ENA and similar stablecoin projects.
Sign in to continue reading, translating and more.
Continue