Podcast Summary
In the episode from the Bell Curve series, Mike, Dan, and Westie discuss the future of airdrops, the potential of Solana, the state of Liquid Staking Derivatives (LSDs), and the impact of the Azuki drama on NFTs. They also delve into the future of DeFi and the recent approval of Lido’s stETH Treasury.
Key Takeaways
- Airdrops Functionality & Liquidity Provisions: The team discusses the functionality of airdrops and their future liquidity provisions. They highlight the potential for new projects to attract attention due to the lack of historical price charts.
- Solana’s Future: The podcast hosts express optimism about Solana’s future, noting its potential for growth and development.
- State of LSDs: Westie breaks down leverage staking, AMM liquidity, LSD baskets, LSD-backed stables, and interest rate derivatives, providing a comprehensive overview of the current state of LSDs.
- Azuki Update & Wider NFT Impact: The hosts discuss the ongoing Azuki drama and its wider impact on the NFT market, suggesting that new creative ideas in the NFT space could attract significant interest.
- DeFi 1.0 & Future Development: The team discusses the potential for a resurgence of DeFi 1.0 projects, which have been oversold but have clear roadmaps towards profitability.
- Lido’s stETH Treasury Approval: The hosts discuss the recent approval of Lido’s stETH Treasury, noting that it could provide a source of revenue for the protocol.
Sentiment Analysis
- Bullish: The hosts express a bullish sentiment towards Solana, noting its potential for growth and development. They also express optimism about the future of DeFi 1.0 projects, which they believe have been oversold but have clear roadmaps towards profitability.
- Bearish: There is a bearish sentiment expressed towards the current state of the NFT market, particularly in relation to the ongoing Azuki drama.
- Neutral: The sentiment towards Lido’s stETH Treasury approval is neutral. While the hosts acknowledge that it could provide a source of revenue for the protocol, they also note the potential risks involved.
