SotN #41: Scaling DeFi with dYdX and StarkWare

<p>Antonio Juliano is Founder of dYdX, and Uri Kolodny is CEO of StarkWare.</p> <p>State of the Nation is live-streamed on Tuesdays at 11am PT.</p> <p>------</p> <p>🔀 10% Off dYdX Trading Fees w/ Bankless!<br /> <a href= "https://bankless.cc/dydx">https://bankless.cc/dydx</a> </p> <p>------<br /> 🚀 SUBSCRIBE TO NEWSLETTER: <a href= "https://newsletter.banklesshq.com/">https://newsletter.banklesshq.com/</a> <br /> 🎙️ SUBSCRIBE TO PODCAST: <a href= "http://podcast.banklesshq.com/">http://podcast.banklesshq.com/</a> <br /> 🎖 CLAIM YOUR BADGE: <a href= "https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge"> https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge</a> <br /> ------<br /> BANKLESS SPONSOR TOOLS:</p> <p>💰 GEMINI | FIAT & CRYPTO EXCHANGE<br /> <a href= "https://bankless.cc/go-gemini">https://bankless.cc/go-gemini</a> </p> <p>🦊 METAMASK | DEFI PASSPORT<br /> <a href= "https://bankless.cc/metamask">https://bankless.cc/metamask</a> </p> <p>🦄 UNISWAP | DECENTRALIZED EXCHANGE<br /> <a href= "http://bankless.cc/uniswap">http://bankless.cc/uniswap</a> </p> <p>🔀 KWENTA | SYNTHETIC ASSET EXCHANGE<br /> <a href= "https://bankless.cc/kwenta">https://bankless.cc/kwenta</a> <br /> ------<br /> State of the Nation #41: Scaling DeFi<br /> Guests: Antonio Juliano & Uri Kolodny</p> <p>Antonio Juliano (founder of dYdX) and Uri Kolodny (CEO of StarkWare) join this edition of State of the Nation to discuss their new announcement: dYdX, in partnership with StarkWare, recently released a Layer 2 Product for Perpetual Contracts, which namely allows for leveraged trading.</p> <p>Perpetual Contracts expose investors to a synthetic contract, representing the price action of a given asset. The nature of perpetual contracts allow for flexibility and expression in the financial mechanisms powering the contract, giving traders the ability to use leverage. These types of contracts attract high-level, high-frequency traders and make scalability crucial for a platform to be capital-efficient.</p> <p>Sta