Wyatt sits down with Guy Young, founder of Ethena, for Guy's third appearance on the pod. In this episode:

  • What has driven Ethena's success and durability?
  • Where is there demand for other yield assets?
  • Where is capital coming from?
  • Is full onchain portfolio construction possible today?
  • Why tokenize financial products at all?
  • Who are the eventual winners?
  • How is Ethena positioning to an evolving onchain yield landscape?

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