"It's Not About Fighting for People Already in DeFi, But About Bringing More People In:" 0xMaki

In this week's episode we interview 0xMaki, an anonymous DeFi developer contributing to SushiSwap and Yearn Finance protocols. We talk about growing Sushi beyond its drama-filled beginnings as a fork of Uniswap, into a DEX that can hold its own as the second-most active trading platform in Ethereum DeFi. He goes into the main pieces that set SushiSwap apart with its margin trading and a soon-to-be-released smart contract suite to easily launch tokens. In the works is also an NFT trading platform. And all of this innovation is coming from a community of contributors, and not from a centrally organized team.

We talk about Uniswap V3, and he says that while the concentrated liquidity concept is interesting, he doesn’t think it will be the holy grail for AMMs and says Sushiswap is also working on a way to make liquidity pools more capital efficient —though he didn’t go into much detail on how. He shrugged off the fact that Uniswap introduced a business license to v3 and said SushiSwap wasn’t planning on forking the code. In the end he says, it’s short-sighted for DEX competitors to be fighting among each other, as they should be fighting outwards, to bring more people into DeFi, and not inwards trying to win over the people who are already here.

Follow The Defiant
http://thedefiant.substack.com​
https://twitter.com/DefiantNews​
https://thedefiant.io/​
https://t.me/DefiantNews​

#TheDefiant​ #DeFi​ #Decentralized​ #Finance​ #Blockchain