Summary
The conversation with Token Breeze focuses on the DeFi Collective, a Swiss nonprofit association that supports mission-critical protocols in the decentralized finance (DeFi) space. The collective aims to promote decentralization and evaluate protocols based on their level of decentralization. They provide support to protocols that are building in a way that is relevant and optimized for resilience and decentralization. The collective operates with transparency and generates revenue to sustain its operations. They have a set of guidelines to evaluate decentralization and plan to review existing protocols based on these guidelines. The ultimate goal is to create a decentralized ecosystem of DeFi primitives. In this conversation, Samuel McCulloch discusses the challenges of designing resilient protocols and the potential impact of rapid changes in the Ethereum Virtual Machine (EVM) on existing protocols. He introduces Liquity V2 and highlights the changes in interest rate determination and the acceptance of LSDs as collateral. The conversation also touches on the importance of inclusive language in the llama community and the need to avoid the pitfalls of traditional associations. Samuel emphasizes the role of the DeFi Collective in shaping the future of DeFi and preventing its denaturation. The conversation covers various topics in the DeFi space, including the political nature of DeFi, the importance of human relations, the impact of team behavior on protocols, and the differences between Velo and Aerodrome. The discussion also explores the evolution of DeFi, the liquidity driving dimension of Connective, the decentralization of Layer 2 solutions, and the need for better information aggregation in DeFi. The challenges of onboarding new users to DeFi are also discussed, along with upcoming events and where to find more information.