Blockcrunch - 20 Minute Crypto Insights

Why Drift Is Betting Big on Solana - Cindy Leow & Chris Heaney, Ep. 256

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Sinopse

Today Jason is joined by Drift Co-Founder Cindy Leow & Developer Chris Healey. In today’s episode the three discuss the founding story of Drift, why there was a gap in the market for Drift, why the Solana ecosystem made sense, and whether it would if Drift launched today. Cindy and Chris then share their bear market learnings, what they took away from the Luna saga, and Drift’s 2024 roadmap—enjoy!   Host: Jason Choi @mrjasonchoi . Not financial advice.   This episode is sponsored by YGG. https://www.yieldguild.io/ https://twitter.com/yieldguild   Timestamps: (00:00) Introduction  (02:48) Motivation to found Drift (05:05) “YGG Ad”  (05:56) Why Drift chose Solana   (08:16) Ecosystem tradeoffs    (11:07) Drift’s growth   (14:29) Bear market start-up learnings   (15:53) Would Drift choose Solana in 2024?  (19:35) Drift’s USP  (24:21) Cross-collateralization (28:45) Market research findings   (31:16) Luna leveraged short learnings   (36:05) Drift’s roadmap  (38:28) Outro    Twitter accounts: Jason Choi’s Twitt