"‘By 2025, Ethereum Will Feel Like One Unified Network" | Hart Lambur
Hart Lambur, co-founder of Across Protocol and UMA, discusses Across’s mission to enable fast, low-cost asset transfers between Ethereum layer twos, with a focus on creating a seamless user experience. He explains how the protocol’s “intent architecture” leverages third-party solvers to improve cross-chain interactions, offering a cohesive way for users to transfer assets and execute transactions across different Ethereum networks. Lambur also emphasizes the importance of Ethereum’s upcoming account abstraction upgrades in achieving a unified ecosystem, allowing actions on any Ethereum chain from a single wallet. He envisions a future by 2025 where Ethereum feels like a unified network, improving user experience significantly.
Chapters
00:04 - Introduction to Hart Lambur
00:14 - Hart’s Background and Motivation for Building Across Protocol
00:50 - Integration with Uniswap
10:34 - Challenges in Ethereum Interoperability and Gas Fees
12:03 - Ethereum’s Scalability Achievements and New Issues
18:04 - Account Abstraction: ERC-7702 and Its Role in Ethereum
27:02 - Intents Architecture
41:00 - Current User Experience Issues in Ethereum and Solutions
52:32 - Hart’s Vision for Ethereum as a Unified Network by 2025
57:08 - Closing Thoughts on Ethereum’s Future and Overcoming Fragmentation
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Hasu & Hart on Oval & The Recapturing of Billions in DeFi Liquidations
Today on the show, we’re talking about Oval, a new DeFi primitive that Hart Lambur from UMA is introducing to the world of DeFi’s biggest lending markets. Billions of dollars have been liquidated from protocols like Aave, Compound, and MakerDAO over the years, and these liquidations have been extremely inefficiently priced, due to reasons! Reasons that we will discuss here on the show today.
Hasu also joins us on this conversation today to discuss the way that MEV share from Flashbots is a part of this conversation, and he helps illuminate what this means for DeFi going forward as a whole.
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------ TIMESTAMPS 0:00 Intro 7:15 MEV & Oracle Foundations 11:19 Why Solving MEV is Important 21:16 High-Level Patterns 28:19 The Oval Mechanism 42:23 MEV Share Parameters 48:36 Decentralization of the MEV Share 54:30 Auction Length 56:08 Oval B/D Adoption 58:05 Uniswap v4 1:02:31 Oval Cut Upside 1:05:45 Future Questions to be Answered 1:08:42 Closing & Disclaimers
------ RESOURCES
What is SUAVE? FlashBots Phil Daian and Andrew Miller explain https://youtu.be/j3ZM2ZdUWXU
Oval https://uma.xyz/ https://twitter.com/UMAprotocol
Hart https://twitter.com/hal2001
Hasu https://twitter.com/hasufl
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UMA's Hart Lambur Says The Current Market Crisis Is A Sales Pitch For DeFi
This week on The Defiant Podcast we speak to Hart Lambur, co-founder of the UMA protocol. UMA is an optimistic oracle on Ethereum that aims to record any knowable truth onto a blockchain.
We discuss his take on the crypto market and how the current crisis is not a DeFi crisis, but rather a failure of risk management at centralized institutions.
We dive into UMA's plans for its 2.0 release, the risks posed by centralized cross-chain bridges and Outcome Finance, an upcoming brand that will encompass all the DAO tooling that the UMA team has been building.
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The Great L2 Migration | Cross-Chain L2 Panel
We think 2022 is going to be a huge year for Layer 2 scaling solutions. Cross-Chain protocols will be a crucial infrastructure for the great migration to L2s, allowing users to bridge assets across platforms.
Composability and user experience is the glue of modular blockchains, which optimize for decentralization, scaling, and cost. The projects and representatives each present cryptographic solutions for building a web of liquidity across the many suburbs of DeFi, where average users will live and engage.
GUESTS:
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Arjun Bhuptani - Connext https://twitter.com/arjunbhuptani?s=20
Chris Whinfrey - Hop Protocol https://twitter.com/WhinfreyChris?s=20
Vaibhav Chellani - MOVR https://twitter.com/vaibhavchellani?s=20
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----- 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
AMA with Hart Lambur, Co-Founder of UMA Protocol
UMA Protocol (https://umaproject.org/) provides open-source infrastructure for developers to efficiently create secure synthetic assets. Hart Lambur is Co-Founder.
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UMA Protocol https://umaproject.org/
Hart on Twitter https://twitter.com/hal2001?s=20
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----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.