Asymmetry is a protocol that offers higher yield options for liquid staking tokens, primarily using the convex ecosystem. The Gem Rush is an opportunity for users to qualify for an airdrop by minting high yield staking tokens. The protocol aims to provide real yield in DeFi and plans to allow users to customize their convex exposure and add leverage. Asymmetry is in talks with liquid funds and institutional players for potential collaborations. The protocol also plans to introduce veASF, which will distribute protocol revenue to token holders in ETH. The conversation covers the importance of controlling emissions and real yield in token economies, the potential fit of cvxASF on Symmetry Finances token, the benefits of structured products and stable coins, the different generational perspectives on crypto, the shift from thinking in dollar terms to ETH terms, the potential of Protocol FX and rUSD launch, the scalability and revenue potential of Protocol FX, and the partnership with EtherFi and future LRTs. The conversation also touches on gem boosts for the llama community, where to find Asymmetry and Protocol FX, and the upcoming products and launches.
Chapters
00:00 Introduction and Overview of Asymmetry
01:24 Higher Yield Options for Liquid Staking Tokens
03:18 Rapid Growth and Impressions of Asymmetry
04:14 Interest and Excitement in Asymmetry
06:10 Building a Product with Real Yield in DeFi
07:36 Hybrid LSTs and Future Possibilities
08:33 Concerns about CVX Price and Performance
09:03 Maintaining Stability in Volatile Market Conditions
10:29 Customizing Convex Exposure and Adding Leverage
11:54 Earning Yield and Buying the Dip
12:35 Resilience of the Protocol in Volatile Periods
13:31 Arbitrage Opportunities and Balancing the Protocol
14:55 Customizing Convex Exposure and Adding Leverage
15:25 Future Plans and Potential Collaborations
28:29 Possible Collaborations and Partnerships
32:47 The Future of ASF and Yield Distribution
39:48 Importance of Controlling Emissions and Real Yield
40:14 CVX ASF and Symmetry Finances Token
41:12 Structured Products and Stable Coins
42:10 Different Generational Perspectives on Crypto
43:02 Thinking in ETH Terms vs Dollar Terms
44:28 Denominating Holdings in Assets Other Than USD
45:25 Returning Value Through Real Yield
47:39 Protocol FX and RUSD Launch
48:08 Scalability of Asymmetry and Protocol FX
51:26 ASIM's Role in the DeFi Ecosystem
52:55 The Future of Stable Coins and Traditional Money
55:12 Expanding the Yield Potential with Protocol FX
56:13 The Potential of Protocol FX and ASIM
57:06 Improving User Experience and Fees on Protocol FX
58:05 Scaling and Revenue Potential of Protocol FX
59:21 The Growing Capital and Interest in Protocol FX
01:01:13 Scalability of Asymmetry and Other Projects
01:03:16 Scaling and Ease of Use in DeFi
01:06:10 Partnership with EtherFi and Future LRTs
01:08:16 Gem Boost for Llama Community
01:10:04 Where to Find Asymmetry and Protocol FX
01:11:15 Upcoming Products and Launches
01:13:03 Getting Involved with Leviathan News
