Solana DeFi: marginfi borrow and lending

Solana DeFi: marginfi borrow and lending

Author: Nick and James July 4, 2023 Duration: 46:45

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Notes from the show

The founders of marginfi, Edgar and Mac, share how they got into crypto and why they decided to dive in full time into the DeFi ecosystem.


They both explain how they adjust their building plans based on the macro conditions and their actual product usage. Tailoring their product roadmap to the types of users they are getting at the time, while still keeping a longer term vision in mind.


Edgar explains the concept of "over collateralization" in the finance world, and why it is such a useful safety mechanism for DeFi lending and borrowing. Even though it is not an end-all-be-all safety solution (due to price fluctuations in token prices), it might need to be a fundamental safety feature for permissionless protocols.


Mac also teases some alpha for marginfi and an upcoming points based system for protocol usage, maybe with a reward system. And why he thinks having a reward system is important for projects/protocols that do not yet have a token.


Also, Mac decided he wanted to be shirtless for the episode...

Disclaimer: Nothing said in this episode (or any of our episodes) is financial or legal advice. The opinions and statements expressed are the personal opinions/statements of those who said it. Both Nick and James have tokens deposited into margin fi's borrow/lend pool(s). Margin fi is not sponsoring this content.


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What does it actually take to build a meaningful project in the fast-moving world of Solana? On the Solfate Podcast, hosts Nick and James pull back the curtain on the process, moving beyond hype to explore the real work happening on-chain. As developers actively building in the ecosystem themselves, they bring a practitioner's perspective to every conversation. Each episode features an in-depth interview with a founder or core builder, delving into the technical hurdles, strategic decisions, and personal journeys that define their work. You'll hear firsthand accounts of architecting protocols, designing tokenomics, navigating community growth, and solving the unique challenges presented by high-performance blockchain technology. The discussions are grounded, detailed, and focused on the mechanics of creation, offering listeners a genuine look at the innovation shaping Solana's future. This isn't about surface-level commentary; it's a series of deep dives for anyone curious about the people and code behind the projects. Tune in for candid insights you won't find anywhere else, straight from the developers on the front lines.
Author: Language: English Episodes: 76

Solfate Podcast - Interviews with blockchain founders/builders on Solana
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