Horowitz, Alex discussed on The Defiant - DeFi Podcast


Any amount, <Speech_Telephony_Male> <SpeakerChange> <Speech_Male> it's <Speech_Male> hard to explain quickly. <Speech_Male> But basically, <Speech_Male> if you <Speech_Male> set, if you set a <Speech_Male> limit order at, <Speech_Male> say, a $1000, <Speech_Male> and then <Speech_Male> eats price drops <Speech_Male> quickly <Speech_Male> to like $999, <Speech_Male> <Speech_Male> they will <Speech_Male> fill your <Speech_Male> buy order <SpeakerChange> at 999 <Speech_Telephony_Male> <Speech_Telephony_Male> and give you <Speech_Male> some of the <Speech_Male> and give <Speech_Male> you that extra <Silence> that <Speech_Male> amount that you were able <Silence> to <Speech_Male> save. They don't <Speech_Male> pocket that <SpeakerChange> for themselves. <Speech_Male> So, I mean, <Speech_Male> it doesn't amount to <Speech_Male> a huge amount. <Speech_Male> I think it was like, it's <Speech_Male> only like .1% <Speech_Male> <Speech_Male> of trades <Silence> has <SpeakerChange> <Speech_Male> <Silence> .1% <Speech_Male> <SpeakerChange> of the value of the <Speech_Male> trace has been helped through <Speech_Male> that feature, but at <Speech_Male> scale, <Speech_Male> it's pretty exciting. <Speech_Male> And I think that's kind of <Speech_Male> the theme with khao soi <Speech_Male> overall is that <Speech_Male> they because they're also <Speech_Male> they have MeV <Speech_Male> protection. So they're kind of <Speech_Male> they're trying to <Speech_Male> give you all these <Speech_Male> basis points back <Speech_Male> and compete <Speech_Male> in that way. <Speech_Male> So <Speech_Male> and <Speech_Male> setting the limit orders <Speech_Male> is gasless, which <Speech_Male> I also thought was noteworthy. <Speech_Male> So <Speech_Male> I think you only <Speech_Male> charge gas when you <Speech_Male> win the trade bills. <Silence> <Speech_Male> <SpeakerChange> <Speech_Female> <Speech_Female> It's good to <Speech_Female> see innovation coming <Speech_Female> out of the <Speech_Female> decks <Speech_Female> space. <Speech_Female> <SpeakerChange> <Speech_Female> It's becoming so <Speech_Female> competitive <Speech_Female> among taxes, but also <Speech_Female> between taxes and <Speech_Female> centralized <Speech_Female> exchanges. So it's <Speech_Female> <Speech_Female> interesting to see <Speech_Female> when <Speech_Female> new <Speech_Female> developments <Speech_Female> <Speech_Female> that <Speech_Female> <SpeakerChange> <Speech_Female> make trading <Speech_Female> easier. <Speech_Female> It comes <Speech_Female> out. <Speech_Female> And then <Speech_Female> finally, we <Speech_Female> covered this <Speech_Female> huge <Speech_Female> race <Speech_Female> by Aztec, <Speech_Female> a 100 million <Speech_Female> in a series <Speech_Female> B round led <Speech_Female> by andreessen <Speech_Female> Horowitz. <Speech_Female> So, you know, <Speech_Female> the market is <Speech_Female> not dead. It <Speech_Female> looks like VCs <Speech_Female> are still deploying <Speech_Female> capital <Speech_Female> in the <Speech_Female> middle of the bear. <Speech_Female> And <Speech_Female> <Speech_Female> there's this <SpeakerChange> theme of <Speech_Female> just how <Speech_Female> needed <Silence> <Speech_Female> privacy <Speech_Female> is in <Speech_Female> crypto. So <Speech_Female> Aztec is a network <Speech_Female> that <Speech_Female> <Speech_Female> <SpeakerChange> enables <Speech_Female> that. <Speech_Female> So <Speech_Music_Female> yeah, I <Silence> think <Speech_Music_Female> <Speech_Music_Female> that's <Speech_Female> <Speech_Female> those were the main reasons <Speech_Female> that we covered <Speech_Female> this week. <Speech_Female> Somebody <Speech_Female> Bitcoin TV is asking, <Speech_Female> can we talk about <Speech_Female> the nouns <Speech_Female> commercial? <Speech_Female> I haven't seen <Speech_Female> that one. <Speech_Female> Does anyone <Speech_Female> know what? <Silence> <SpeakerChange> <Speech_Music_Male> I mentioned, <Speech_Music_Male> I mentioned them. <Speech_Music_Male> I <Speech_Telephony_Male> mentioned them briefly in <Speech_Male> the party bid <Speech_Telephony_Male> story. I think that <Speech_Male> at least <Silence> a lot of <Speech_Male> more visible <Speech_Telephony_Male> announced creators are <Speech_Male> aware of party bid, <Speech_Telephony_Male> but I didn't <Speech_Male> I'm not sure if I <Speech_Male> saw the commercial. <SpeakerChange> You're talking <Speech_Female> about Bitcoin. Yeah. <Speech_Female> No, I <Speech_Female> haven't seen it either. <Speech_Female> But <Speech_Female> now it's <Speech_Female> <Speech_Female> a really great, <Speech_Female> well, at <Speech_Female> least I really like <Speech_Female> it. NFT <Speech_Female> collection. So I'll <Speech_Female> check that <SpeakerChange> out. <Speech_Music_Female> <Speech_Music_Female> All right, <Speech_Music_Female> okay, I think <Speech_Female> we've come to <Speech_Female> the end of <Speech_Female> the weekly recap. <Speech_Female> Thanks <Speech_Female> everyone for joining. <Speech_Female> <Speech_Female> Thanks, <Speech_Female> Owen, and <Speech_Female> the way we see <Speech_Female> and Alex had to <Speech_Female> drop off <Speech_Female> for <Speech_Female> the <Speech_Female> great panel <Speech_Female> and <Speech_Female> coverage. <Speech_Female> And yes, see <Speech_Music_Female> you all <Speech_Music_Female> next <SpeakerChange> week. <Speech_Female> Hope you <Speech_Music_Male> enjoyed it. <Speech_Music_Male> All right.

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