I talk to Micheal Svoboda, he is the COO of Liquity. Liquity is a collateralized back stable coin. It is backed by Ether. It is therefore completely different from Terra-Luna. Its closest relative is the Dai stable coin. However Liquity has 2 major advantages over Dai. First, it is interest free and second the minimum over collateralization rate is much lower, 110% compared to 150%. Micheal Svoboda describes how it works, their great success in just 2 years, regulatory issues and more. Time stamps 02:10 What is Liquity and how it works 03:13 Different types of stable coins 06:26 Comparaison to Dai 08:42 Importance of price oracles 14:47 When Liquity started and its fast growth 16:07 How the fees serve the protocol 19:09 Why no interest rate 19:45 How they achieved such fast growth 21:50 Regulation and protocol independence from the company 22:32 Hook up with Bitcoin Suisse 23:58 Regulation FINMA and decentralization 27:17 How to open a position in LUSD 30:42 Three main use cases of LUSD 33:16 How my opinion of Defi has changed 40:30 Innovation in Defi 43:44 Defi and Tokenomics 45:50 Tokenomics, the commons and scaling —————————————————————————————— Links Liquity website https://www.liquity.org/ Twitter @LiquityProtocol Micheal Svoboda https://www.linkedin.com/in/michaelsvoboda2/ Twitter @svobodamichael Metaforum in Lugano https://metaforum.ch/?track=tsrtc Descript https://www.descript.com/?lmref=m0U0LA Shift crypto https://shiftcrypto.ch/bitbox02/?ref=W7XHHFMKYt Blockfi https://blockfi.mxuy67.net/6bRDLq cointelegraph https://marketspro.sjv.io/BXY1M9 braintrust https://app.usebraintrust.com/r/didier3/ If you enjoyed this episode, share this link on your favorite social networks https://anchor.fm/didier-borel