Osmosis

This week's podcast features a number of interviews we conducted in Romania, during the xDay conference hosted by MultiversX. In this podcast, we will hear from Beniamin Mincu - founder of MultiversX Bogdan Ivan - Romanian Minister of Digitalization Sheraz Ahmed - Managing Partner at Storm Partners Sunny Aggarwal - Co-Founder of Osmosis Sergiu Biriș - Head of Product at MultiversX Grigore Rosu - Founder of Runtime Verification Danilo Carlucci - Founder and CEO of Morningstar Ventures. In this episode, we discuss the current state of MultiversX and the transition from Elrond, crypto adoption in Romania, Universal zkRollups and its benefits, upcoming trends and narratives, challenges lying ahead for MultiversX, and much more. But first, Beniamin will introduce us to xDay.

Beniamin Mincu

Founder

MultiversX

Sheraz Ahmed

Managing Partner

Storm Partners

Sunny Aggarwal

Co-Founder

Osmosis LabsOsmosis

Sergiu Biriș

Head of Product

MultiversX

Grigore Rosu

Founder

Runtime Verification

Danilo Carlucci

Founder and CEO

Morningstar Ventures

Sometimes, the frontier is at a crypto conference. One of the most prestige being, ETHDenver! We’re back with a handful of exclusive interviews with some of the most fascinating minds in crypto.  Wish you could make it to all the crypto conferences, but don't have the time? Don't worry, Bankless brings the frontier to you. In this episode, we’re talking to Sunny Aggarwal of Osmosis Labs and Cosmos. Sunny and David chat about how Osmosis and Axelar are working together, what’s new in the Cosmos ecosystem, and how Cosmos isn’t solely DeFi-focused.  ------ 📣 RhinoFi | Makes DeFi Frictionless  https://bankless.cc/rhino   ------ 🚀 JOIN BANKLESS PREMIUM:  https://newsletter.banklesshq.com/subscribe  ------ BANKLESS SPONSOR TOOLS:  ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken  🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap  👻 PHANTOM | #1 SOLANA WALLET https://bankless.cc/phantom-waitlist  🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask  🚁 EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS https://bankless.cc/earnifi    ------ Timestamps: 0:00 Intro 3:11 The Interoperability Meta 4:05 Axelar vs. THORChain 5:15 Osmosis & Axelar  6:50 Bridge Risk 8:43 The Cosmos Ecosystem 10:11 AppChains  12:00 Is Cosmos Only DeFi-Focused?  13:00 State of the Cosmos Community 14:25 Sunny’s ETHDenver Agenda 15:08 Sunny’s Sweater 15:30 Closing ----- Resources:  Sunny Aggarwal https://twitter.com/sunnya97   Osmosis https://twitter.com/OsmosisZone   Cosmos https://twitter.com/Cosmos   ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures

Sunny Aggarwal

Co-Founder

Osmosis LabsOsmosis

There's a heated debate in crypto right now around AppChains and the modular vs monolithic paradigm. That's why we released this special episode today from our other favorite podcast, Bell Curve. Sunny Aggarwal and Dmitriy Berenzon discuss how AppChains enable developers and protocols to customize consensus, cryptography, MEV rules, fees and more. But is this customization worth the fragmentation, start-up costs, lack of tooling and other challenges AppChains face? Tune in to find out! And don't worry - we'll be back to the usual roundup with Jason and Santi next week! - - Timestamps (00:00) A Note from Jason (02:45) Intro: Pre-Interview (05:15) The AppChain Thesis (13:34) Reasons to Build an AppChain (30:00) Blockworks Research ad (31:33) The Downsides and Challenges (46:22) What is Permissioned Blockspace? (53:06) Cosmos vs Ethereum (01:06:28) Solving Interoperability (01:12:12) User Lock-in, Wallets (1:18:00) Recap: Post-Interview - - Follow Myles: https://twitter.com/MylesOneil Follow Mike: https://twitter.com/MikeIppolito_ Follow Sunny: https://twitter.com/sunnya97 Follow Dmitriy: https://twitter.com/dberenzon Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - Resources: Bell Curve podcast https://spoti.fi/3JWqLmK Dmitriy's blog https://dberenzon.medium.com/ Osmosis https://osmosis.zone/ 1k(x) https://1kx.network/ - - Disclaimer: Nothing said on Bell Curve or Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

Sunny Aggarwal

Co-Founder

Osmosis LabsOsmosis

Dmitriy Berenzon

Partner

Archetype1kx

✨ DEBRIEF | Unpacking the Episode: https://shows.banklesshq.com/p/the-cosmos-thesis-debrief  Sunny Agarwal and Zaki Manian are crypto OGs that have been in the Cosmos ecosystem and community from the very beginning. Sunny started the Blockchain at Berkeley, the largest student organization for crypto in the world, and also co-hosts the Epicenter podcast. Zaki is helping ship Cosmos’s IBC, is working on the validator ecosystem, and is also an advisor to the Electric Coin Company, the org behind Zcash and is also a co-founder of Iqlusion. On today’s episode, Sunny and Zaki share what the Cosmos Thesis is, how Cosmos is similar and different to Ethereum, and what Cosmos’s ATOM 2.0 unlocks for the ecosystem. Zero to 60 in one episode. This is the Cosmos Thesis. ------ 📣 Galxe | Explore Crypto’s #1 Credential Network https://bankless.cc/Galxe  ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  ❎ ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across  🦁 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave  💠 NEXO | CRYPTO FINANCIAL HUB https://bankless.cc/Nexo  🔐 LEDGER | NANO HARDWARE WALLETS https://bankless.cc/Ledger  ⚡️FUEL | THE MODULAR EXECUTION LAYER https://bankless.cc/Fuelpod  ----- Topics Covered 0:00 Intro 8:05 Zaki & Sunny 10:08 The Cosmosverse Conference 18:38 Cosmos’s Central Thesis 23:10 Metaphors & Ethereum vs. Cosmos 29:18 Trade-offs 36:13 Monetary Premium Thoughts 40:18 Osmosis & Power Laws 48:24 Stablecoins on Cosmos 54:13 L2s vs. Cosmos 1:09:11 Cosmos vs. Polkadot 1:14:52 MEV Problems & Solutions 1:23:24 ATOM 2.0 1:32:16 Mesh & Interchain Security 1:41:50 Does ATOM Break Top 10 Tokens? 1:43:43 Will ATOM Flip ETH? 1:44:50 The Future of Cosmos 1:49:03 How to Explore Cosmos 1:50:44 Closing & Disclosures ------ Resources: Sunny Aggarwal https://twitter.com/sunnya97  Zaki Manian https://twitter.com/zmanian  ATOM 2.0 https://forum.cosmos.network/t/proposal-draft-a-new-vision-for-cosmos-hub/7328  The Inevitability of UNIchain https://medium.com/nascent-xyz/the-inevitability-of-unichain-bc600c92c5c4  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures

Sunny Aggarwal

Co-Founder

Osmosis LabsOsmosis

Zaki Manian

Co-Founder

Sommelier ProtocolIqlusionCosmosSommelier Finance

🇫🇷 Welcome to the Bankless EthCC 2022 Experience 🇫🇷 With fantastic guests from all corners of the ecosystem, this 8-part series is an exploration of crypto culture and the current state of Ethereum. In episode 5, Sunny Aggarwal joins us from the Cosmos ecosystem, and gives the high level on one of the more compelling theses in the crypto space. ------ 📣Rhino.Fi | Massive Mystery Airdrop https://bit.ly/3o9trRE ------ 🚀 SUBSCRIBE TO NEWSLETTER:          https://newsletter.banklesshq.com/   🎙️ SUBSCRIBE TO PODCAST:                 http://podcast.banklesshq.com/   ------ BANKLESS SPONSOR TOOLS:  🚀ROCKET POOL | ETH STAKING https://bankless.cc/RocketPool ⚖️ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum ❎ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across 🦁BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave 🌴MAKER DAO | DECENTRALIZED LENDING https://bankless.cc/MakerDAO 🔐LEDGER | SECURE STAKING https://bankless.cc/Ledger ------ Topics Covered: 0:00 Intro 2:30 Sunny and EthCC 4:00 The Cosmos Vision 7:50 Horizontal vs Vertical 11:50 Acceleration Strategies 14:40 Ethereum Cosmos Overlap ----- Resources: Sunny on Twitter: https://twitter.com/sunnya97 ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Sunny Aggarwal

Co-Founder

Osmosis LabsOsmosis

In this episode of Empire, Jason and Santi are joined by Sunny Aggarwal (Osmosis co-founder) and Derek Hsue (Reverie co-founder & "I Pledge Allegiance" co-host) to discuss the future of Osmosis, appchains and protocol governance. Show highlights include: - Learnings from the CeFi fallout - How protocols should re-think token incentives - Thoughts on dYdX moving to Cosmos - Why applications should launch their own chain - One of the biggest shortfalls of rollups - Osmosis as the interchain DEX - Mars protocol on Osmosis - Why Cosmos governance is so active - Experimenting with a DAO's org structure - Osmosis exploit and learnings - The Osmosis roadmap - What Sunny and Derek are looking forward to - - Follow Sunny: https://twitter.com/sunnya97 Follow Derek: https://twitter.com/derek_hsue Follow Jason: https://twitter.com/JasonYanowitz Follow Santi: https://twitter.com/santiagoroel Follow Empire: https://twitter.com/theempirepod Subscribe on YouTube: https://tinyurl.com/4fdhhb2j Subscribe on Apple: https://tinyurl.com/mv4frfv7 Subscribe on Spotify: https://tinyurl.com/wbaypprw - - Referenced in the show: "I Pledge Allegiance" podcast co-hosted by Derek https://tinyurl.com/493vrmpp - - ParaSwap: If you want to make a swap at the best price across the DeFi market, check out paraswap.io. ParaSwap’s state-of-the-art algorithm beats the market price across all major DEXs and brings you the most optimized swaps with the best prices and lowest slippage. Visit paraswap.io/beta to learn more about Paraswap's new app. - - Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- (00:00) Introduction (00:50) Lessons Learned From CeFi Fallout (03:04) Rethinking Capital Spend (06:17) Osomosis Incentive Structure (08:04) dYdX Moves to Cosmos (10:27) The Downside of Rollups Today (15:38) Why Projects Should Launch Their Own Appchain (18:56) The Cosmos Hub and Shared Security (22:09) Appchains Will Expand Their Scope (26:38) Paraswap Ad (27:48) Applications on Osmosis (31:00) The Fat Application Thesis (33:47) Active Governance in Cosmos (37:54) Governance Is Not the Goal (40:22) What Should DAOs Be Used For? (42:41) DAO Org Structures (47:30) Osmosis Exploit & Learnings (50:35) The Osmosis Exploit & Learnings (1:00:55)The Osmosis Vertical Integration Bet (1:05:40) The Future of DeFi (1:14:40) Web of Trust & zk Applications -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Sunny Aggarwal

Co-Founder

Osmosis LabsOsmosis

Derek Hsue

Co-founder

Reverie

Sunny Aggarwal, co-founder of Osmosis Labs, talks about how Osmosis is being built, the innovations that are coming, the reasons to use app chains, and much more. Show highlights: how Sunny got into crypto  how the DAO hack turned him off Ethereum at first  how the scaling issues with Ethereum got him interested in the Cosmos vision of app-chains why he is interested in Proof of Stake what the vision of Cosmos is how Sunny compares the evolution of blockchains with human evolution why he thinks that Cosmos integrates the best of Bitcoin and Ethereum networks why he thinks that having more than one Proof of Work chain is fundamentally insecure which three technologies are necessary for Cosmos to succeed what IBC and the Cosmos SDK do why Sunny decided to build Osmosis  how automated market makers are massively underexplored why UX is such a priority for the Osmosis team why Sunny does not want to list the OSMO token on other exchanges why Osmosis has a curated dex as well as a permissionless one how Osmosis governance works  how security is provided on Osmosis what superfluid staking is how CosmWasm helps Osmosis compete with centralized exchanges how Osmosis is solving frontrunning with threshold encryption why the Osmosis team chose Axelar for bridging whether Yuga Labs could have used an app chain    Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Beefy Finance: https://beefy.finance/   EPISODE LINKS Sunny Aggarwal Twitter: https://twitter.com/sunnya97 LinkedIn: https://www.linkedin.com/in/sunnya97/   COSMOS What is Cosmos: https://v1.cosmos.network/intro Cosmos whitepaper: https://v1.cosmos.network/resources/whitepaper CosmWasm: https://cosmwasm.com/ Cosmos IBC: https://www.coinbase.com/es/cloud/discover/dev-foundations/ibc-protocol#:~:text=The%20Cosmos%20ecosystem%20has%20a,protocol%20(IBC)%20was%20created. Cosmos SDK: https://v1.cosmos.network/sdk OSMOSIS  Twitter: https://twitter.com/OsmosisZone Website: https://osmosis.zone/ Superfluid staking: https://medium.com/osmosis/osmosis-superfluid-staking-launch-feb-28-45f8e43064af Osmosis Vision: https://medium.com/osmosis/vision-for-osmosis-e68e796ff1c2 Threshold Encryption: https://medium.com/zero-knowledge-validator/privacy-in-cosmos-defi-edition-event-summary-8cafda021aa6#:~:text=Threshold%20encryption%2C%20applied%20by%20Osmosis,of%20votes%20required%20for%20consensus. Osmosis Governance: https://docs.osmosis.zone/overview/governance.html   Learn more about your ad choices. Visit megaphone.fm/adchoices

Sunny Aggarwal

Co-Founder

Osmosis LabsOsmosis