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Podcast: The Defiant - DeFi Podcast
Episode: 🎙 Scoopy Trooples of Alchemix: "Liquidity Mining is Like a Drug; You Have to Wean Yourself Off Over Time"
Description: In this week’s episode I speak with Scoopy Trooples, founder of Alchemix, a protocol that programs self-paying loans without the risk of liquidations. Think about that; here’s a DeFi application that promises to automatically pay users’ collateralized loans, and on top of that, guarantee they won’t be liquidated. Scoopy explains how something like that can work and it’s all about plugging into other money legos like Yearn Finance to earn yield off that collateral and use that yield to pay off loans. Scoopy also goes into Alchemix v2 and into what he believes is a new moveme...