The Element Airdrop & DAO Launch | Will Villanueva & Jonny Rhea
Element Finance is an open-source protocol for fixed and variable yield markets. Yield markets you say? Like the incoming Trillion-dollar ETH Staking yield market? Come learn about how Element is putting a financial layer on top of Ethereum staking, and the other cool new inventions that the Element team has for the DAO space. ------ CONSENSYS | M·A·C: NFT Collection for a Good Cause https://bankless.cc/MAC ------ SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ ️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ ------ BANKLESS SPONSOR TOOLS: ️ ARBITRUM | SCALED ETHEREUM https://bankless.cc/Arbitrum ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across ALTO IRA | TAX-FREE CRYPTO https://bankless.cc/AltoIRA AAVE V3 | LEND & BORROW CRYPTO https://bankless.cc/aave ️ MAKER DAO | THE DAI STABLECOIN https://bankless.cc/MakerDAO BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave ------ Guests: Will Villanueva - CEO of Element, previous worked at Consensys doing research on Ethereum Sharding Jonny Rhea - CTO of Element, previously worked at Consensys working on an Ethereum client. ----- Topics Covered: 0:00 Intro 8:30 What is Element? 13:37 The ELFI Airdrop 19:05 The zk Claim Process 25:48 Non-Transferable 29:20 NFTs & DAO Governance 35:57 Council Governance 41:14 Voting Vaults 49:58 Maximally Expressive Governance 53:55 ETH Staking Yield 1:01:06 Protocol Security 1:07:50 Bullish PoS Merge 1:15:10 What's Next for Element? 1:18:22 Closing & Disclaimers ------ Resources: DAO Launch Announcement: https://mirror.xyz/0x3fcAf7DDf64E6e109B1e2A5CC17875D4a5993F39/bctuLRkf7oBL4mMJ9lPf0y0blFjBDslTUfUL0CEk1gc Guide to Element: https://newsletter.banklesshq.com/p/a-guide-to-fixed-income-on-element?s=w Yield Token Compounding: https://ytc.component.fi/ytc?base_token=0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48 Previous Bankless show with Element https://www.youtube.com/watch?v=iF5O1rPbsm4 ----- 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