How do DeFi projects generate profit?


This week's episode of Cointelegraph market talks welcomes Alvin Xu, Co-Founder and CEO of Maverick Protocol, a platform that is taking a new approach to building decentralized finance (DeFi) infrastructure. Xu has been in the crypto space since 2018, and prior to co-founding Maverick, he led products and ecosystems at MetaMask, Abra Wallet, BitTorrent, and the Tron Foundation.

The show begins with a discussion about the Ethereum Community Conference in Paris, where Xu was a guest. Provides insider information on the latest conference updates and developments.

Capital shifting is a problem in DeFi, as money is constantly rotating across different protocols and blockchains. How can protocols create real products that are sustainable when users only chase performance and airdrops? Xu explains how his protocol plans to solve this problem.

Below, the episode explores where performance in DeFi really comes from. Xu gives his take on the Ethereum staking derivatives market, what the real performance is, and how it differs from previous bull markets.

Xu talks about the Maverick Protocol and how it differs from others in the industry in three main ways. He also explains the differences between DeFi and centralized finance.

Finally, we have Xu's macro take on the crypto market in 2023 and whether he thinks the bull market is already here.

market talks airs every Thursday and features interviews with some of the most influential and inspiring people in the cryptocurrency and blockchain industry. So head over to the Cointelegraph Markets and Research YouTube Pageand break out those "Like" and "Subscribe" buttons for all future videos and updates.

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