Will DeFi Scale on Layer 1 or 2? - Sam Bankman-Fried, Kain Warwick, Ep. 117

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It's no news that DeFi needs to scale - but will it happen on layer 2, or will projects move to other layer 1s? Serum's Sam Bankman-Fried (@SBF_Alameda) and Synthetix's Kain Warwick (@kaiynne) join us in discussing their opposite views on scaling Serum vs. Synthetix  Solana vs. Optimistic Rollups Is Layer 2 enough to scale all of DeFi? Composability concerns with layer 2 solutions Bootstrapping liquidity for a new layer 1 Host: Jason Choi (@MrJasonChoi). This show is not financial advice; show host and guest may hold some of the assets discussed.  ****** Resources: Borrow and lend crypto at market-beating rates: Nexo.io Subscribe to my essays here: jasonchoi.substack.com    ****** Musical credits: Intro track: Underground Stars by Loxbeats https://spoti.fi/34tPBBOCreative Commons — Attribution 3.0 Unported — CC BY 3.0 Free Download / Stream: https://bit.ly/underground-stars Music promoted by Audio Library https://youtu.be/vpJDMD2EzkA Disclaimer: Jason Choi is an investor at Spartan Capital, the hedge fund arm of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries and personnel. This podcast is for information purposes only and should not be relied upon as a basis for investment decisions.