DeFi Sparks Podcast

ZKX: Derivatives & Perpetual Futures Trading in DeFi, Self Custody, & Governance w/ 0xEduardo

April 10, 2023 Nick Drakon, 0xEduard Episode 19
DeFi Sparks Podcast
ZKX: Derivatives & Perpetual Futures Trading in DeFi, Self Custody, & Governance w/ 0xEduardo
Show Notes Chapter Markers

With an uncertain regulatory environment and growing interest in DeFi solutions for trading after the collapse of multiple centralized exchanges, Founder of ZKX, Eduard, recognized a significant gap in the market. Eduard saw an emerging opportunity with the adopting of CEXs int eh global markets - where there was an ease of transferring funds from user bank accounts into their CEX and back. However, users don't have custody of their accounts, which became a problem when it comes to transparency and security. ZKX aims to be a decentralized trading venue for derivatives and perpetual futures, offering self-custody and true community governance. 

This discussion covers a range of topics related to the emerging DeFi space and the challenges and opportunities that come with it. Founder of ZKX, Eduard, shares his background and the decision process behind moving away from a diversification standpoint. He also discusses Zero Knowledge Technology and the reason for building on StarkNet. The conversation then delves into the differences between DEX and CEX, and the importance of account abstraction.

Later in the video, Eduard talks about what ZKX aims to solve, including issues related to transparency, security, and regulatory compliance. The discussion also covers the concept of liquid governance and how it's implemented in the ZKX platform. Eduard outlines the company's roadmap and the milestones they hope to achieve in the future.

This is truly an interesting time to be discussing the perpetual futures in DeFi and the growth opportunity for DEXs.

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Nick Drakon Twitter πŸ‘‰ https://twitter.com/NickDrakon
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πŸ”— Useful Tools πŸ”—

Ledger Hardware Wallet πŸ‘‰ https://bit.ly/3hMmR3T
Trezor Hardware Wallet πŸ‘‰ https://bit.ly/3PhZb3M

πŸ”— Useful Links πŸ”—

ZKX Website πŸ‘‰ https://zkx.fi/
ZKX Discord πŸ‘‰ https://discord.com/invite/7YrNHdwNyu
ZKX Twitter πŸ‘‰https://twitter.com/zkxprotocol


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πŸ“œ Disclaimer πŸ“œ

This video is for informational purposes only. Nothing contained shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial adviser or registered investment adviser. Trading cryptocurrencies poses considerable risk of loss. 

#NickDrakon #ReveloIntel #DeFiSparks #VelvetCapital #DeFi #PassiveInvesting #ETF

Intro
Eduard's background
Decision process on moving away from a diversification standpoint
Zero Knowledge Technology
Why build on StarkNet?
DEX vs. CEX
Account Abstraction
What does ZKX solve?
Regulatory Compliance
Liquid Governance
Roadmap
Closing Thoughts