In this episode, we chat with Evgeny Gaevoy, the co-founder and CEO of Wintermute. They're one of the largest market-makers in crypto, and are active across many different markets, chains, and products.
Evgeny does not mince any words here, and we go into many topics including the origins of Wintermute, the current state of DeFi, and which protocols have moats (and which don't). We also discuss Wintermute's increasing participation in governance, why he thinks DAO governance is fundamentally flawed currently, and how it can be improved.