Uniswap Moves to Polygon, Terra Moons, and 2022 Crypto Bill - News Byte - EP 45
Episode description
👾 Discord: https://discord.gg/BfN9ybDU7n
🦆 Twitter: https://twitter.com/blockexploring
📷 Instagram: https://www.instagram.com/blockexploring/
🌍 Check us out everywhere: https://linktr.ee/blockexplorer
--------------------------------------
In this week's episode of the Block Exploring Podcast, Tommy (@sabaisquared) and Elias (@otokocrypto) discuss the state of the market.
This week, the US lawmakers announced plans for a bill specifically tailored towards crypto for 2022. This can go two ways, either more regulatory certainty for start-ups and established companies, or more tax and still little clarity on the legal standing of crypto. Moreover, the bill seems to aim towards regulating stablecoins. This is important since stablecoins, such as Tether and DAi are quite central to the crypto space. Unfortunately, as we reported in the past Tether has been quite controversial.
Stablecoins and the protocols behind them are other points of discussion in this episode. With LUNA booming in the current market it is important to discuss the value of algorithmic stablecoins, dApps, and layer 2 solutions for transactions. We see this very practically occur with Uniswap moving to Polygon.
What does this mean for you? Find out in this episode!
Let us know what you think in the comments!
--------------------------------------
Music: prod. Riddiman
--------------------------------------
DISCLAIMER: This podcast is not financial advice