Similar to how I feel about Magic Eden, it's very inspiring to see how well Drift Protocol is doing today after all the thick and thins. In light of the $DRIFT TGE, I did this podcast with Cindy and David.
Shownotes:
- How was these 3 years of building? How does it feel having been through the whole bull and bear and bull again?
- What was the toughest time for you during these years? How did you power through it?
- How did that challenging experience impact and lead to the design of v2? How was v2 different from v1?
- In Drift V2, can you define the participants of the ecosystem into a few categories?
- Why did you decide to offer spot trading and swap with leverage? You also introduced the money market protocol and allow people to stake in the Insurance Fund.
- How’s the market making experience like on Drift? Can a retail participate in the MM?
- How to understand protocol owned holdings on your dashboard? Where did they come from?
- What exactly happens when there are more unsettled PnL to be withdrawn than what’s available in the pool?
- How do you pick which assets to start a market?
- What does your demographic look like, if you know.
- How did Solana congestion impact your performance? What did you do to try to optimize the experience for the users?
- Can you talk about the $DRIFT token distribution for the users? What’s the thinking behind not considering trading volume and points accumulated in the distribution terms?
- What’s on the roadmap for the next 6 months? Have you thought about a mobile app?
Twitter: @DriftProtocol / @cindyleowtt / @davijlu
Website: www.drift.trade
Previous Episode 53 on 51% with Mable Jiang, Presented by Multicoin Capital:
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Important Disclaimers: All opinions expressed by Mable Jiang, or other podcast guests, are solely their opinion. This podcast is for informational purposes only and should not be construed as investment advice. Mable Jiang may hold positions in some of the projects discussed on this show.