In this masterclass, Markus, Co-Founder and CEO of Propeller Heads, and I discuss his background in AI and journey into crypto. We spend a good deal of time unpacking Solvers, market making, role specialization, and AMMs. Markus shares key insights regarding block times and their impact on LVR, the challenges with the current trade supply chain, and Tycho, his new product which solves the integration nightmare. We finish by discussing Markus' time as a digital nomad and how it inspires his writing.
In this masterclass, Markus, Co-Founder and CEO of Propeller Heads, and I discuss his background in AI and journey into crypto. We spend a good deal of time unpacking Solvers, market making, role specialization, and AMMs. Markus shares key insights regarding block times and their impact on LVR, the challenges with the current trade supply chain, and Tycho, his new product which solves the integration nightmare. We finish by discussing Markus' time as a digital nomad and how it inspires his writing.
Chapters
(0:00) - Intro
(02:15) - Working in AI
(04:23) - Communication in remote team
(07:54) - MEV feedback loops
(12:43) - Crypto culture
(19:10) - Defining solver
(21:26) - What solvers do
(22:00) - Market makers
(24:57) - Relayers / Fillers
(28:25) - Role specialization
(32:24) - AMMs
(37:46) - Blocktimes & LVR
(41:30) - Onchain liquidity
(46:40) - Trade supply chain
(59:44) - Barriers to entry
(1:03:54) - Tycho
(1:07:03) - Integration nightmare
(1:13:31) - Verifiable data
(1:15:03) - Solarpunk trading
(1:20:27) - Compliance criteria
(1:23:59) - Chain agnostic design
(1:25:50) - Digital nomad reflections
(1:29:14) - Friends everywhere
(1:31:50) - Writing