Creating the DeFi Substrate for Polkadot, Bette Chen of Acala Network
The Outlier Ventures Podcast · outlierventures
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Show Notes
Bette co-founder of Acala Network talks us through her teams passionate belief in a multichain universe, being inspired by Gavin Wood, and why they believe Polkadot will both relieve Ethereum of some of its economic load and allow a greater democratisation of DeFi to grow the pie for Web 3.
We talk about the DeFi paradox of yield vs efficiency, the challenges and sustainability of yield farming, ‘progressive decentralisation’ and the creation of the world's first trustless decentralised sovereign wealth fund.