Home
Categories
EXPLORE
True Crime
Comedy
Society & Culture
History
Business
Sports
News
About Us
Contact Us
Copyright
© 2024 PodJoint
00:00 / 00:00
Sign in

or

Don't have an account?
Sign up
Forgot password
https://is1-ssl.mzstatic.com/image/thumb/Podcasts122/v4/24/da/f2/24daf2e9-b93c-9111-ab34-e7c13e27697c/mza_9538111711764794191.jpg/600x600bb.jpg
Web3 Talks: Stories & Tips from the Builders
Mac Budkowski
50 episodes
1 month ago
Web3 Talks is a web3 podcast where founders of top crypto projects share the backstage perspective of their work and the lessons they learned along the way. Join 1,500+ web3 founders, devs & operators who subscribe to Web3 Talks. Hosted by Mac Budkowski.
Show more...
Technology
RSS
All content for Web3 Talks: Stories & Tips from the Builders is the property of Mac Budkowski and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Web3 Talks is a web3 podcast where founders of top crypto projects share the backstage perspective of their work and the lessons they learned along the way. Join 1,500+ web3 founders, devs & operators who subscribe to Web3 Talks. Hosted by Mac Budkowski.
Show more...
Technology
https://d3t3ozftmdmh3i.cloudfront.net/production/podcast_uploaded_episode400/19271842/19271842-1665428984165-060fd7722b984.jpg
#30: Leighton, Co-Founder @ PoolTogether | The story behind the OG DeFi protocol which has distributed over $5 million to depositors as a reward for saving money
Web3 Talks: Stories & Tips from the Builders
44 minutes 8 seconds
3 years ago
#30: Leighton, Co-Founder @ PoolTogether | The story behind the OG DeFi protocol which has distributed over $5 million to depositors as a reward for saving money

If you don't want to miss our episodes, subscribe to our Substack and get an e-mail whenever the new one comes out: https://web3talks.substack.com/

PoolTogether is known as the #1 DeFi protocol that encourages saving. Depositors participate in a lottery-like process where their deposited money can win prizes. But contrary to a lottery - even if they don't win, they keep their money. The luckiest winner ever deposited $73 and won over $43k, reaching a 589X return.

How it's possible? How Leighton came up with the idea? How was PoolTogether built, how they got it secured, and how they dealt with the lawsuit? 


Here's episode #30:

0:50 What is PoolTogether, and how it encourages saving

2:00 How PoolTogether started as the result of Leighton's research on TradFi tools that make people more wealthy

3:45 How blockchain makes the premium bonds model more transparent and scalable

5:40 How PoolTogether works technically: non-custodial design, integrations with yield sources, random numbers generation, price tiering contracts

9:19 How have they acquired the first users in May 2019?

12:10 Mitigating security risks via reducing attack surface area, no oracle dependencies, non-custodial design, internal testing, bug bounties, investing over $1M in third-party auditors

15:15 How have they educated the market about PoolTogether?

16:56 The story behind Poolies that raised over $1.5M for combating the lawsuit

24:11 At what stage is the lawsuit right now

26:00 What needs to happen for PoolTogether to reach a truly global adoption

21:30 How do they take care of the community

32:03 Why crowdfunding on the blockchain might be a killer app

34:22 What Leighton would fix with his web3 magic wand

36:35 Why MakerDAO & Gearbox blew his mind

38:42 Why was Uniswap airdrop such a magical moment for Leighton

41:20 Where people can learn more about PoolTogether

42:18 Leighton's guest ideas

Web3 Talks: Stories & Tips from the Builders
Web3 Talks is a web3 podcast where founders of top crypto projects share the backstage perspective of their work and the lessons they learned along the way. Join 1,500+ web3 founders, devs & operators who subscribe to Web3 Talks. Hosted by Mac Budkowski.