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GreenPill

Kevin Owocki
GreenPill
Latest episode

299 episodes

  • GreenPill

    S.10 Ep.13 The DAO Security Fund: Round 2 with Griff Green

    15/09/2026 | 39 mins.
    New @greenpillnet pod out today!
    In this episode of the Green Pill Podcast, Griff Green returns to discuss Round 2 of the DAO Security Fund a new approach to funding and coordinating security initiatives across the Ethereum ecosystem.
    Griff explains what the first round revealed about the Ethereum security landscape, why Round 2 is designed to go deeper rather than wider, and how the DAO Security Fund aims to become a Schelling point for security funding coordination.
    The conversation covers quadratic funding, security initiatives, RFPs, grants, milestone-based funding, market adoption, formal verification, operational security, bug bounties, and the role AI could play in making Ethereum more secure.
    Griff also shares his vision for the DAO Security Fund: making Ethereum safer than banks by building shared infrastructure and moving the ecosystem from a reactive security posture to a proactive one.
    In this episode:
    - The results of DAO Security Fund Round 1
    - What changes in Round 2
    - How the new funding mechanism works
    - Grants vs. RFPs
    - Why market participation matters
    - Funding Ethereum's shared security infrastructure
    - Formal verification and compiler security
    - The economics of collective security
    - Why Ethereum needs to stop funding hackers
    - Moving from reactive to proactive security
    - AI and the future of Ethereum security
    - The role of DAOs and collective action
    - How you can propose a security initiative
    If you're an Ethereum security researcher, builder, company, or community member, Griff's message is simple: bring forward the security problems you want to see solved, and help the ecosystem fund them together.
    Some of the materials we mention in the episode:
    https://x.com/Giveth/status/2036815581685350671?s=20 
    https://x.com/griffgreen 
    https://x.com/Giveth 
    https://x.com/thedaofund 
    https://thedao.fund 
    https://gitcoin.co
    Timestamps
    00:00 — Introduction & Griff Green's Ethereum journey
    01:36 — TheDAO Security Fund Round 1: What worked and what they learned
    03:49 — From broad funding to deeper security initiatives
    04:58 — How Round 2 works: Initiatives, multisigs & ecosystem funding
    07:20 — Security Badge holders, rankings & the funding process
    09:47 — Grants vs. RFPs and milestone-based funding
    20:01 — Why security needs better market coordination
    22:24 — Formal verification and the case for funding shared infrastructure
    24:22 — The apartment-building analogy: Why collective security makes sense
    25:45 — Why Ethereum needs to stop funding hackers
    27:31 — Griff's goal: Making Ethereum safer than banks
    29:13 — Moving Ethereum security from reactive to proactive
    30:38 — Why coordinated security spending can save everyone money
    30:44 — Lightning Round: Incentives & public goods
    31:28 — Quadratic funding & participatory budgeting
    32:02 — Are DAOs making a comeback?
    32:37 — AI, robotics & the future of DAOs
    34:11 — The most overrated crypto trend: TradFi in crypto
    36:01 — How to get involved with TheDAO Security Fund
    38:17 — Wrap-up & where to learn more
    Subscribe to the podcast here  https://pod.link/1609313639 
    https://greenpill.network/
  • GreenPill

    S.10 Ep.12 Can Quadratic Funding Go Mainstream? | Ma Earth, Hypercerts & the Future of Public Goods

    30/06/2026 | 40 mins.
    New @greenpillnet pod out today!
    In this episode, Kevin Owocki sits down with Matthew Monahan (Ma Earth) and Holke Brammer (Hypercerts Foundation) to discuss a bold new experiment: a $1 million Quadratic Funding round designed to bring public goods funding beyond the crypto ecosystem.
    After years of learning from Gitcoin Grants, the conversation explores what comes next. How can communities fund local regeneration? How do Hypercerts create measurable impact? And what does it take to make coordination mechanisms accessible to everyday people not just Web3 natives?
    Together, they unpack the lessons from Ethereum, the future of regenerative funding, and why building open infrastructure matters more than ever.
    Topics covered:
    The $1M Ma Earth Quadratic Funding round
    Lessons learned from Gitcoin Grants
    Bringing Quadratic Funding to local communities
    Hypercerts and impact verification
    Public goods beyond crypto
    Open infrastructure and regenerative finance
    Ethereum's role in the next generation of coordination
    AI, collective intelligence, and future collaboration
    The core idea:
    Better coordination creates better communities.
    Quadratic Funding and Hypercerts aren't just crypto experiments they're tools for building a more collaborative future.
    Some of the materials we mention in the episode:

    Ma Earth -  https://maearth.com 
    Hypercerts -  https://hypercerts.org 
    Certified - https://certified.app 
    Hypercerts Docs - https://docs.hypercerts.org 
    Gitcoin - https://gitcoin.co 
    Greenpill Network - https://greenpill.network 
    Follow Matthew Monahan - https://x.com/matthewmonahan 
    Follow Holke Brammer -  https://x.com/holkexyz 
    https://bsky.app/profile/holke.xyz 
    Donate to the Ma Earth Quadratic Funding Round (July 1–21, 2026)
    https://maearth.com 

    Timestamps 
    00:00 – Introduction & why this conversation matters
    01:34 – Meet Matthew Monahan & Holke Brammer
    04:17 – The $1M Ma Earth Quadratic Funding round
    05:53 – How the funding round works
    07:24 – Why Quadratic Funding still matters
    09:04 – Lessons from Gitcoin Grants
    10:37 – Hypercerts explained
    13:56 – Measuring real-world impact with Hypercerts
    16:44 – Why blockchain matters for public goods
    19:49 – Ethereum's influence on the project
    22:14 – Building beyond the crypto ecosystem
    24:24 – Public goods, regeneration & systems change
    26:52 – The future of regenerative funding
    28:02 – Why the team remains bullish on Ethereum
    30:08 – What success looks like in the next decade
    33:02 – AI, coordination & the future of collaboration
    35:30 – Finding builders and growing the ecosystem
    38:01 – Final reflections & call to action
    39:52 – Closing remarks
  • GreenPill

    VDAO Ep 12 The Hidden Risks of Stablecoins (And Why Decentralization Matters) | Michael

    27/04/2026 | 1h 6 mins.
    In this episode, Michael explores one of the most overlooked risks in crypto today:
    Are stablecoins actually safe?
    As billions flow into stablecoins, most users don't realize the hidden layers of risk from custodians and intermediaries to complex yield strategies happening behind the scenes.
    This conversation breaks down the difference between centralized vs decentralized stablecoins, and why that distinction matters more than ever.
    From early Ethereum days to building in DeFi, Michael shares how crypto unlocks true financial sovereignty giving individuals the ability to opt out of fragile systems.
    Topics covered:
    • What inspired Michael to build in Ethereum
    • Peer-to-peer finance & financial sovereignty
    • What "resilience" and "anti-fragility" really mean
    • Stablecoins explained (simple breakdown)
    • Centralized vs decentralized stablecoins
    • Hidden risks in yield farming ("trust me bro" zone)
    • Why your stablecoin is "traveling" behind the scenes
    • Counterparty risk vs code-based trust
    • Silicon Valley Bank & real-world failures
    • Why optionality is the key to financial freedom
    • Liquity, BOLD & decentralized stablecoin design
    • The future of money, regulation & crypto systems
    The core idea:
    Not all dollars are equal.
    Not all stablecoins are safe.
    If you don't understand where your money is going,
    you're taking risks you didn't sign up for.
    Greenpill isn't just about building new systems.
    It's about building systems you can actually trust.
    greenpill.network
    vdao.org
    https://x.com/JoinVDAO
    https://x.com/greenpillnet
    https://x.com/svobodamichael
    https://x.com/LiquityProtocol
    Timestamps 
    00:00 – Introduction
    00:11 – Michael's "why" & discovering Ethereum
    01:36 – Peer-to-peer finance & removing intermediaries
    02:29 – Journey into crypto & early DAO era
    03:31 – Early crypto vs traditional finance mindset
    04:22 – Ethereum community & early DeFi innovation
    05:28 – Resilience, sovereignty & optionality
    08:27 – Why financial independence matters
    10:16 – Introduction to stablecoins
    10:58 – What is a stablecoin (simple explanation)
    12:00 – Centralized vs decentralized stablecoins
    13:25 – The "trust me bro" risk zone
    14:09 – On-chain vs off-chain backing explained
    15:04 – Why decentralization matters in stablecoins
    16:28 – Stablecoins for payments vs savings
    17:04 – Risk comparison: CeFi vs DeFi
    19:17 – Sovereignty, control & censorship resistance
    21:05 – Why most stablecoins don't give real claims
    21:29 – Human systems vs code-based systems
    21:56 – Risks in centralized finance (SVB example)
    23:05 – Optionality & monetary systems
    25:25 – Regulatory risks & future scenarios
    26:58 – Why decentralized stablecoins matter
    27:47 – Pegging to the dollar explained
    30:39 – Scalability limits of crypto-backed stablecoins
    31:24 – Stablecoins as "last resort" money
    32:12 – Risk & resilience in DeFi systems
    33:14 – How to earn yield on stablecoins
    35:39 – The "journey" your stablecoin takes
    37:46 – Why chasing yield increases risk
    38:32 – Terra Luna & unsustainable yields
    39:48 – Where yield actually comes from
    40:20 – Risk vs reward in DeFi
    42:45 – Regulation vs code-based trust
    43:11 – Understanding hidden dependencies
    44:19 – Rehypothecation & hidden risks
    47:34 – Who should use decentralized stablecoins
    49:00 – Network states & financial systems
    50:23 – Why stablecoin adoption is hard
    52:38 – The idea of an "Ethereum-native dollar"
    53:48 – Future of stablecoins & regulation
    56:43 – Risks of over-regulation
    59:08 – Why decentralized systems need support
    01:00:03 – Stablecoins & Ethereum security
    01:00:58 – Why this matters for Ethereum's future
    01:01:46 – Aligning with crypto values
    01:03:40 – The need for stronger community voice
    01:05:24 – Final thoughts & closing
  • GreenPill

    S.10 Ep.11 $170M to Fix Ethereum Security (After Another Major Hack) with Griff Green

    24/04/2026 | 53 mins.
    In this episode, Griff Green dives into one of the most urgent challenges in crypto today:
    Can Ethereum actually become safe enough for everyone?
    From billion-dollar hacks to AI-driven exploits, security has become the defining bottleneck for the future of decentralized systems.
    Griff shares lessons from over a decade in crypto from the original DAO hack to leading new efforts like the DAO Security Fund, a $170M initiative designed to fund and coordinate Ethereum security at scale.
    This conversation explores:
    • The DAO Security Fund & how it works
    • Turning Ethereum security into a public good
    • The recent wave of hacks across DeFi & Web2
    • The Arbitrum Security Council decision & North Korea exploit
    • Why incentives for white hats are broken
    • AI as both the biggest threat and biggest defense
    • Coordination vs fragmentation in Ethereum security
    • Why crypto still isn't safe for normal users
    • Lessons from the original DAO hack
    • Quadratic funding & new experiments in capital allocation
    • The future of public goods funding in Ethereum
    The core idea:
    Security isn't just a feature.
    It's the foundation of everything.
    If Ethereum can become truly safe,
    it won't just compete with traditional finance it could replace it.
    Greenpill isn't just about funding public goods.
    It's about building systems people can actually trust.
    greenpill.network
    @owocki 
    @greenpillnet
    https://x.com/griffgreen
    https://x.com/Giveth

    Some of the materials we mention in the episode:
     - https://x.com/thedaofund
     - https://qf.giveth.io/qf/apply
     - https://qf.giveth.io/qf
    Timestamps 
    00:00 – Intro: Greenpill & Griff Green
    01:19 – What is the DAO Security Fund?
    03:16 – $170M fund & Ethereum security as a public good
    04:25 – The current wave of hacks (Web3 + Web2)
    05:07 – AI arms race: white hats vs black hats
    07:14 – Short-term risk vs long-term security
    08:10 – Lindy, AI & system resilience
    09:06 – Arbitrum hack situation explained
    10:26 – KelpDAO exploit & systemic DeFi risk
    12:50 – Why hackers didn't move funds immediately
    13:54 – Emergency governance & Arbitrum response
    15:35 – Flashbacks to the original DAO hack
    18:17 – The hardest part: returning funds to users
    20:40 – Multi-DAO coordination problem
    22:21 – Why this situation is more complex than before
    23:43 – DAO Security Fund: goals & vision
    26:08 – Security as a scalable public good
    27:48 – Coordination vs individual defense
    28:22 – Why "security" works better than "public goods"
    29:10 – Why crypto still isn't safe for normal users
    30:14 – Open source vs public goods framing
    31:06 – Giveth QF round & how to apply
    33:33 – Expert-weighted quadratic funding experiment
    36:18 – Tunable QF & improvements over past models
    38:01 – Is quadratic funding still relevant?
    39:06 – 10-year vision: Ethereum as global infrastructure
    41:36 – Why hacks keep happening
    43:17 – Misaligned incentives for white hats
    44:57 – Future of public goods funding
    45:21 – How the Arbitrum situation plays out
    47:22 – Decentralization vs security council debate
    49:11 – Social media manipulation & misinformation
    50:53 – Are L2s still decentralized?
    51:20 – Final call to action (QF round)
    52:44 – Closing thoughts
  • GreenPill

    S.10 Ep.11 $170M to Fix Ethereum Security (After Another Major Hack) with Griff Green

    22/04/2026 | 53 mins.
    In this episode, Griff Green dives into one of the most urgent challenges in crypto today:
    Can Ethereum actually become safe enough for everyone?
    From billion-dollar hacks to AI-driven exploits, security has become the defining bottleneck for the future of decentralized systems.
    Griff shares lessons from over a decade in crypto from the original DAO hack to leading new efforts like the DAO Security Fund, a $170M initiative designed to fund and coordinate Ethereum security at scale.
    This conversation explores:
    • The DAO Security Fund & how it works
    • Turning Ethereum security into a public good
    • The recent wave of hacks across DeFi & Web2
    • The Arbitrum Security Council decision & North Korea exploit
    • Why incentives for white hats are broken
    • AI as both the biggest threat and biggest defense
    • Coordination vs fragmentation in Ethereum security
    • Why crypto still isn't safe for normal users
    • Lessons from the original DAO hack
    • Quadratic funding & new experiments in capital allocation
    • The future of public goods funding in Ethereum
    The core idea:
    Security isn't just a feature.
    It's the foundation of everything.
    If Ethereum can become truly safe,
    it won't just compete with traditional finance it could replace it.
    Greenpill isn't just about funding public goods.
    It's about building systems people can actually trust.
    greenpill.network
    @owocki 
    @greenpillnet
    https://x.com/griffgreen
    https://x.com/Giveth

    Some of the materials we mention in the episode:
     - https://x.com/thedaofund
     - https://qf.giveth.io/qf/apply
     - https://qf.giveth.io/qf
    Timestamps 
    00:00 – Intro: Greenpill & Griff Green
    01:19 – What is the DAO Security Fund?
    03:16 – $170M fund & Ethereum security as a public good
    04:25 – The current wave of hacks (Web3 + Web2)
    05:07 – AI arms race: white hats vs black hats
    07:14 – Short-term risk vs long-term security
    08:10 – Lindy, AI & system resilience
    09:06 – Arbitrum hack situation explained
    10:26 – KelpDAO exploit & systemic DeFi risk
    12:50 – Why hackers didn't move funds immediately
    13:54 – Emergency governance & Arbitrum response
    15:35 – Flashbacks to the original DAO hack
    18:17 – The hardest part: returning funds to users
    20:40 – Multi-DAO coordination problem
    22:21 – Why this situation is more complex than before
    23:43 – DAO Security Fund: goals & vision
    26:08 – Security as a scalable public good
    27:48 – Coordination vs individual defense
    28:22 – Why "security" works better than "public goods"
    29:10 – Why crypto still isn't safe for normal users
    30:14 – Open source vs public goods framing
    31:06 – Giveth QF round & how to apply
    33:33 – Expert-weighted quadratic funding experiment
    36:18 – Tunable QF & improvements over past models
    38:01 – Is quadratic funding still relevant?
    39:06 – 10-year vision: Ethereum as global infrastructure
    41:36 – Why hacks keep happening
    43:17 – Misaligned incentives for white hats
    44:57 – Future of public goods funding
    45:21 – How the Arbitrum situation plays out
    47:22 – Decentralization vs security council debate
    49:11 – Social media manipulation & misinformation
    50:53 – Are L2s still decentralized?
    51:20 – Final call to action (QF round)
    52:44 – Closing thoughts
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About GreenPill
GreenPill is about crypto-economic systems that create positive externalities for their neighbors & for the world. We explore the intersection of programmable money, game theory, & mechanism design. We search for powerful new ways to fund, design, develop, & market regenerative web3-era applications and digital assets. We launch the meme of regenerative crypto-economics into the world. Ethereum is the ultimate substrate for human coordination. Learn about the web3 builders who are solving coordination failures and creating a more regenerative infrastructure for the world using Ethereum. Take the Green Pill!
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