Leap Day, 2024: unStableSummit Recap 💵🎟️
Degens Delight in Denver DeFi Discussions
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The ETH Denver chapter of unStableSummit 2024 is officially in the books. Congrats to all on a massive success!
All the talks will be posted online soon enough to https://stablesummit.xyz/, so we won’t review them all in depth. Instead we’ll recap some of the highlights of what you missed and discuss a few of the big themes.
DeFi Dave served capably as master of ceremonies for the event, setting the energy with a humorous kickoff while sporting a gorgeous Arizona Iced Tea Cherry Blossom Knit Sweater from the official merch store.
“Ambassador of the Year” Curve Finance loomed large over the programming, despite not setting foot in the venue in an apparent effort to promote decentralization.
The fireside chat with Michael Egorov hosted by ChainSecurity was the centerpiece of the programming. Mich’s mansioncast addressed updates in the Curve ecosystem, Llama Lend, $crvUSD, capital efficiency, and live questions from the audience.
Another notable talk that’s already been posted is Sam Kazemian of Frax, noting the Federal Reserve’s accounting structurally makes the US Dollar itself a stablecoin (pegged to CPI + 2.5%), thus making runaway inflation essentially a “depeg.” Worth a listen!
Discussion of the regulatory status of stablecoins in the United States was a hot topic. Although the United States of late has undeniably acted somewhat hostile towards cryptocurrency broadly, many speakers had a sense of optimism around the topic.
In a breakout workshop session featuring new stablecoin heavyweight PayPal, speakers felt that recent trends suggest a cataclysmic mass-extinction level event around stablecoins appears unlikely.
Reserve Protocol co-creator Nevin Freeman provided a comprehensive history of the digitalization of finance to offer clues as to whether or not the US securities market will inevitably become tokenized. He suggests it’s probably unlikely, asking both sides of the debate introspective questions to challenge their core positions.
Reserve Protocol was well represented at the conference, with offshoot ABC Labs CEO Thomas Mattimore joining a panel on optimizing stablecoin designs, with a clip provided here:
Outside of the panels, IRL attendees had plenty of bonuses to make the conference worthwhile. Although a crypto conference is hardly the sort of event where one might expect quips about fashion, some outfits occasionally would turn heads.
Attendees went home with plenty of good swag. Scattered about the conference were rare printout copies of Rekt News.
Attendees also received an onchain bonus through their smart tickets, courtesy event provider Blocklive.
As always, if there’s a Stable Summit in your neck of the woods, we recommend you check it out! At the actual ETH Denver conference, DeFi is somewhat swept under the rug, instead opting for a greater emphasis on the facets of Ethereum that didn’t self-immolate in a globally embarrassing fashion over the past few years.
Although this is a sensible choice, if you’ve fallen down the DeFi rabbit hole, you likely are interested enough in the subject to crave a better signal-to-noise ratio. Anybody opting into a paid event on stablecoins is likely to be your crew, so the event boasts a great caliber of people for in-depth conversations.
If you missed the Stablecoin Summit, the next event on the calendar we can unabashedly recommend is… tomorrow’s Llama Party IRL!
Registration is free for anybody with sufficient Leviathan Points! Visit our registration page to secure your spot!