Hasu & Hart on Oval & The Recapturing of Billions in DeFi Liquidations

Today on the show, we’re talking about Oval, a new DeFi primitive that Hart Lambur from UMA is introducing to the world of DeFi’s biggest lending markets. Billions of dollars have been liquidated from protocols like Aave, Compound, and MakerDAO over the years, and these liquidations have been extremely inefficiently priced, due to reasons! Reasons that we will discuss here on the show today. 

Hasu also joins us on this conversation today to discuss the way that MEV share from Flashbots is a part of this conversation, and he helps illuminate what this means for DeFi going forward as a whole.

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TIMESTAMPS
 
0:00 Intro
7:15 MEV & Oracle Foundations 
11:19 Why Solving MEV is Important
21:16 High-Level Patterns 
28:19 The Oval Mechanism 
42:23 MEV Share Parameters 
48:36 Decentralization of the MEV Share 
54:30 Auction Length
56:08 Oval B/D Adoption 
58:05 Uniswap v4 
1:02:31 Oval Cut Upside
1:05:45 Future Questions to be Answered 
1:08:42 Closing & Disclaimers 

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RESOURCES

What is SUAVE? FlashBots Phil Daian and Andrew Miller explain
https://youtu.be/j3ZM2ZdUWXU 

Oval 
https://uma.xyz/  
https://twitter.com/UMAprotocol  

Hart 
https://twitter.com/hal2001  

Hasu
https://twitter.com/hasufl  

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