122 - DeFi Reality check with Taylor Monahan
Mar 05, 2020•49 min
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Episode description
CEO and founder of Ethereum wallet MyCrypto join POV Crypto to discuss the DeFi, the best way to leverage it, and the biggest misconceptions around DeFi. Taylor is optimistic about the Ethereum DeFi movement but she has seen what can go wrong and she is very wary of false promises and naive decision making.
Topics:
- How MyCrypto was created
- Reflections and lessons from 2017
- The implications of flash loans
- Dai Savings rate vs just holding ether
- The merits of cold storage
- Dangerous attack vectors in DeFi
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