Opyn

Crypto sits at the intersection of two male-dominated industries: tech and finance. I was asked to moderate a panel for the Amber Group with four leading women in crypto to discuss the role of gender in the crypto industry and what can be done to bring more women into the space. Panelists include Mia Deng, partner at Dragonfly Capital; Amy Zhang, vice president of sales at Fireblocks; Alexis Gauba, cofounder at Opyn; and Annabelle Huang, partner at Amber Group. Show highlights: how each panelist got into crypto, what it is they do, and which company they work for why women have been somewhat reluctant to speak on crypto gender disparity in public what the main obstacles to bringing about better gender diversity in crypto whether the crypto space is harder to break into than traditional finance for women how gender issues in the U.S. are different than in Asia why more women have begun trading cryptocurrencies and how to increase that interest which crypto explanations are most effective for female friends why there are so few female crypto co-founders good hiring practices for bringing more women into the space advice for women trying to break into crypto    Thank you to our sponsors! E&Y: https://ey.com/globalblockchainsummit  Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2  Kyber Network: Dmm.exchange    Episode Links   Panelists Mia Deng Crypto career cofounder at TR Lab ---- NFT Platform (2021) partner at Dragonfly Capital - https://medium.com/dragonfly-research  Head of biz Development + Venture partner @ Amber Group - https://www.ambergroup.io/about  Social link https://twitter.com/miagegedeng?lang=en   Amy Zhang Crypto career vice president of sales at Fireblocks - https://www.fireblocks.com/  head of sales/investor relations at Diginex - https://www.diginex.com/  Social link https://www.linkedin.com/in/amyzwzhang/?originalSubdomain=hk    Alexis Gauba Crypto career cofounder at Opyn - https://www.opyn.co/#/  cofounder at she256 - https://she256.org/  Social link https://twitter.com/AlexisGauba   Annabelle Huang Crypto career partner at Amber Group  - https://www.ambergroup.io/about  founding member at KeeperDAO - https://twitter.com/Keeper_DAO  risk lead at AirSwap - https://www.airswap.io/  Social Link https://twitter.com/_annabellehuang?lang=en Learn more about your ad choices. Visit megaphone.fm/adchoices

Mia Deng

Partner

Dragonfly Capital

Amy Zhang

Vice President of Sales

Fireblocks

Alexis Gauba

Co-Founder

Opyn

Annabelle Huang

Partner

Amber Group

In this week’s interview I talk with Alexis Gauba, the cofounder of Opyn. Alexis and her team built the first decentralized options market, on Ethereum. These instruments give investors a tool to protect against market volatility and Black Swan events, like hacks, bank runs, and big price crashes. In DeFi the risk is especially high, which explains why Opyn has taken off since its February launch. Options are a key piece in traditional finance and make up the most liquid market in the world, with contracts representing trillions of dollars in value. Opyn contracts are not quite yet, and even if notional volume grew five times in the past month, it’s still under $40 million. But if DeFi ends up overtaking centralized finance, we could be witnessing the rebirth of this monster-sized market. The difference is that this time, everyone can access it, and anyone can build their own financial instruments on open sourced protocols. Alexis shares more about how Opyn was born, the project’s traction, the next markets the team plans to add and what innovative projects devs are building on top of the protocol. She also gives a peak at what Opyn V2 might look like.

Alexis Gauba

Co-Founder

Opyn

Maya Zehavi, blockchain consultant, and Zubin Koticha, cofounder and CEO of Opyn, discuss the two recent bZx attacks, whether they were hacks or arbs and whether they were unethical or illegal. They also look at whether flash loans are to blame, how much transparency DeFi teams should have about vulnerabilities on their platforms, how much bug bounties should be for DeFi, and whether flash loans means the amount of bug bounties should be higher. We also talk about  whether DeFi should institute circuit breakers, when those would make sense, and whether these attacks could happen to anybody or whether bZx isn't up to the standards needed in this community. We also cover how bZx should handle the under-collateralized loans left on their platform, whether Chainlink will be a sufficient solution to prevent these attacks in the future, and whether DeFi insurance should cover these kinds of attacks. Plus, Maya and Zubin explains why they're happy the attacks happened and have made them more optimistic. And Maya reveals why she has a pizza slice emoji in her Twitter profile. Thank you to our sponsors!  CipherTrace: https://ciphertrace.com Crypto.com: https://crypto.com/ Kraken: https://www.kraken.com Episode links:  Maya Zehavi: https://twitter.com/mayazi Zubin Koticha: https://twitter.com/snarkyzk Opyn: https://opyn.co/ Description of first attack: https://www.theblockcrypto.com/post/56171/bzx-exploit-former-google-engineer-explains-how-an-attacker-made-350k-in-single-transaction  Description of second attack: https://www.theblockcrypto.com/post/56171/bzx-exploit-former-google-engineer-explains-how-an-attacker-made-350k-in-single-transaction https://www.theblockcrypto.com/daily/56413/experts-weigh-in-on-bzx-attacks-flash-loans-highlight-the-need-to-improve-defi-security-models https://www.theblockcrypto.com/linked/56134/defi-lending-protocol-bzx-exploited-a-portion-of-eth-lost Unconfirmed episode about the attacks: https://unchainedpodcast.com/how-2-defi-attacks-made-almost-1-million-in-profit/ 1inch.exchange blog post: https://medium.com/@1inch.exchange/yes-we-hacked-bzx-fulcrum-but-one-month-ago-3f7e5c437ee3 1inch exchange-Fulcrum dispute: https://www.theblockcrypto.com/post/56579/bzx-attacks-and-1inch-exchange-allegations-heres-what-the-teams-have-to-say  Nexus Mutual payouts: https://defirate.com/nexus-mutual-first-payouts/ Nexus Mutual blog post: https://medium.com/nexus-mutual/bzx-flash-loan-event-55753d19e52b Learn more about your ad choices. Visit megaphone.fm/adchoices

Maya Zehavi

Blockchain Consultant

Zubin Koticha

Co-Founder and CEO

Opyn