11 - Going Bankless with Compound | Robert Leshner

<p>Episode: #11<br /> May 11, 2020</p> <p>Your savings account, your high-yield bank deposits, a CD. Can we replace these bank functions with a protocol? </p> <p>Compound seems to think so. Compound is a two-sized money robot that provides borrowing and lending to create something new: interest. Learn what it does, why it's powerful, and how it's evolving as we talk with Robert Leshner. We even ask if there's a way for the community to get its hand on some Comp tokens and start shaping the future of the protocol.</p> <p><span class="s1">We cover:</span></p> <ul> <li>What you can do w/ Compound</li> <li>Power of programmable interest</li> <li>How Compound's different than: <ul> <li>WellsFargo (traditional banks)</li> <li>Maker (other procotols)</li> <li>BlockFi (crypto banks)</li> </ul> </li> <li>If crypto banks will out-compete DeFi</li> <li>How you can get COMP tokens</li> <li>Future of protocol politicians</li> <li>The protocol sink thesis</li> <li>Robert's biggest fear for DeFi</li> <li>How the Bankless community can help</li> </ul> <div><span style="font-weight: 400;"><span class="s1">This is our final of three episodes in the "King Money Protocols Series" where we talk through the three most important DeFi protocols. Catch up on <a href= "http://podcast.banklesshq.com/10-going-bankless-with-uniswap-w-with-caleb"> Episode 10</a> and <a href= "http://podcast.banklesshq.com/9-going-bankless-with-maker-w-mariano-conti"> Episode 9</a> if you missed them. </span></span></div> <div> </div> <div><span style="font-weight: 400;"><span class="s1">Before the episode begins we also talk about:</span></span></div> <ul> <li><span style="font-weight: 400;"><span class="s1">Tron stealing our tax money</span></span></li> <li><span style="font-weight: 400;"><span class="s1">What wBTC backing means for DAI</span></span></li> </ul> <p>-----</p> <p>Tools from our sponsors to go bankless:</p> <ul> <li><a href="https://www.jdoqocy.com/click-9261763-13920047">Rocket Dollar</a> - tax shelter your crypto ($50 w/ "<a href= "https://www