The Edge Podcast

Ram Ahluwalia is an investor and the Founder of Lumida.
Weeks ago, crypto was doom and gloom. Now everything is pumping and nobody owns enough!
In this episode, Ram explains exactly why the rally happened, breaking down Bessant's bond market intervention and a massive short squeeze that caught everyone offsides. He shares his views on whether the bear market bottom came earlier than expected, and the most important question in markets right now: should you prioritize crypto or AI?
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💎 THIS EPISODE'S SPONSORS
🔒 KPK | Best risk-adjusted yield through automated vaults

🏦 AXIS | The Origin Vault launched on Ethereum

🌐 RE | Earn real yield backed by regulated reinsurance programs

🟠 APYX | The first dividend-backed stablecoin (DBS)

🐡 PUFFER INSTITUTIONAL | ETH staking solutions for scale

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⏱️ TIMESTAMPS
0:00 - Intro
2:15 - Ram’s background on Wall Street
3:15 - What is Lumida?
4:51 - Why Is crypto pumping right now?
8:59 - Did the bear market bottom earlier than expected?
11:10 - Can ETH outperform this cycle?
13:53 - Everyone’s offsides in this market, even the bulls
15:15 - Why Ram’s bullish on HYPE and DeFi
16:57 - Uncertainty about what follows if CLARITY passes
19:24 - Pros and cons of BTC as a momentum trade
24:52 - Bessent’s bond market intervention and its impact
28:26 - Expectations for Warsh’s Jackson Hole speech
30:58 - How could markets respond to Warsh
33:10 - Why the AI CapEx bears are wrong
42:30 - Nvidia is the lender of last resort
45:29 - Would Ram rather invest in AI or crypto right now?
47:58 - The pitch for Lumida
51:25 - Opportunity to tokenize private investments
52:53 - Closing
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🔗 GUEST LINKS
► Lumida website: https://www.lumidawealth.com/
► Lumida Invest app: https://lumidainvest.com/
► Lumida on X: https://x.com/lumidawealth
► Ram Ahluwalia on X: https://x.com/ramahluwalia
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🎙️ MORE FROM THE EDGE PODCAST AND EDGE NEWSLETTER
► Newsletter: https://the-edge.xyz
► Apple: https://tinyurl.com/edgepod
► Spotify: https://tinyurl.com/edgepodspotify
► Linktree: https://linktr.ee/edge_pod
► Follow DeFi Dad: https://x.com/DeFi_Dad
► Follow Nomatic: https://x.com/Nomaticcap
► Learn DeFi: http://defidad.com/
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DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast. DeFi Dad and Nomatic hold BTC, ETH, and HYPE mentioned.

Thomas Coratger is a Researcher at the Ethereum Foundation.
Quantum computers don't exist yet at the scale needed to threaten Ethereum. But they will, and Ethereum will be ready before they do!
In this first episode of our Lean Ethereum series, Thomas walks through what the quantum threat actually is, how real it is, and when it could arrive. He explains which parts of Ethereum are most vulnerable, what a quantum attack would actually look like, and why average ETH holders don't need to panic. He also covers how AI is dramatically accelerating the EF's post-quantum research and why the full migration to quantum-safe Ethereum is on track for 2029.
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💎 THIS EPISODE'S SPONSORS
🔒 KPK | Best risk-adjusted yield through automated vaults

🏦 AXIS | The Origin Vault launched on Ethereum

🌐 RE | Earn real yield backed by regulated reinsurance programs

🟠 APYX | The first dividend-backed stablecoin (DBS)

🐡 PUFFER INSTITUTIONAL | ETH staking solutions for scale

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⏱️ TIMESTAMPS
0:00 - Intro
2:40 - Background and why focus on Ethereum
6:51 - What is Lean Ethereum?
13:58 - What is the quantum risk to blockchains like Ethereum?
17:18 - How real is the quantum threat? How soon?
21:52 - What resources does a quantum attack actually require?
27:01 - Will users need to migrate to quantum-safe Ethereum?
32:51 - Will Glamsterdam or Hegota help post-quantum Ethereum?
34:49 - Tradeoffs in upgrading to quantum resistance
41:56 - The quantum research team at EF
46:28 - Can AI accelerate this research and the EF strawmap?
50:22 - Is Ethereum on track to be quantum-safe?
53:29 - Closing
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🔗 GUEST LINKS
► EF's Strawmap website: https://strawmap.org/
► EF on X: https://x.com/ethereumfndn
► Thomas Coratger on X: https://x.com/tcoratger
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🎙️ MORE FROM THE EDGE PODCAST AND EDGE NEWSLETTER
► Newsletter: https://the-edge.xyz
► Apple: https://tinyurl.com/edgepod
► Spotify: https://tinyurl.com/edgepodspotify
► Linktree: https://linktr.ee/edge_pod
► Follow DeFi Dad: https://x.com/DeFi_Dad
► Follow Nomatic: https://x.com/Nomaticcap
► Learn DeFi: http://defidad.com/
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DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast. DeFi Dad and Nomatic hold ETH.

TokenBrice is the Founder and Ike is Growth & Comms Lead at Pharos.
In this episode of DeFi Frontier, Bryce and Ike walk through how Pharos provides investors, a free tool for tracking stablecoin cap, peg stability, liquidity, and dependency risk, including what factors into a stablecoin safety score, and what red flags to avoid. They even offer case studies and live examples of how Pharos tracks stablecoins, including how Pharos flagged the pmUSD stablecoin before it ever depegged.
Don't touch another stablecoin without checking Pharos first!
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💎 THIS EPISODE'S SPONSORS
🔒 KPK | Best risk-adjusted yield through automated vaults

🏦 AXIS | The Origin Vault launched on Ethereum

🌐 RE | Earn real yield backed by regulated reinsurance programs

🟠 APYX | The first dividend-backed stablecoin (DBS)

🐡 PUFFER INSTITUTIONAL | ETH staking solutions for scale

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⏱️ TIMESTAMPS
0:00 Intro
2:22 - Origin of Pharos
7:08 - Why DeFi needed Pharos
11:35 - Screenshare demo of Pharos platform
16:48 - What factors into scoring a stablecoin?
24:21 - How Pharos called out pmUSD ahead of its depeg
30:44 - Tensions with stablecoin protocol teams
35:01 - Taking research public, before a depeg
40:46 - Case studies of depegs
41:34 - Explaining the USDC depeg in March 2023
46:14 - What are red flags to avoid in any stablecoin?
53:30 - What’s next for the Pharos platform?
1:07:24 - Closing
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🔗 GUEST LINKS
► Pharos website: https://pharos.watch/
► Pharos on X: https://x.com/pharoswatch
► TokenBrice on X: https://x.com/TokenBrice
► Ike on X: https://x.com/Ikebillion_
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🎙️ MORE FROM THE EDGE PODCAST AND EDGE NEWSLETTER
► Newsletter: https://the-edge.xyz
► Apple: https://tinyurl.com/edgepod
► Spotify: https://tinyurl.com/edgepodspotify
► Linktree: https://linktr.ee/edge_pod
► Follow DeFi Dad: https://x.com/DeFi_Dad
► Follow Nomatic: https://x.com/Nomaticcap
► Learn DeFi: http://defidad.com/
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DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast.

Karn Saroya is the CoFounder and CEO of Re.
T-bills got tokenized. Private credit's getting tokenized. Now it's reinsurance's turn.
In this new DeFi Frontier episode, Karn walks through how Re brings reinsurance, the financial backstop behind every insurance company, onchain for the first time. He explains what reinsurance actually is, why the yield is real, how Re's programmable capital architecture gives them dramatically higher operating leverage, and what metrics actually matter for assessing whether the business is working.
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💎 THIS EPISODE'S SPONSORS
🔒 KPK | Best risk-adjusted yield through automated vaults

🏦 AXIS | The Origin Vault launched on Ethereum

🟠 APYX | The first dividend-backed stablecoin (DBS)

🐡 PUFFER INSTITUTIONAL | ETH staking solutions for scale

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⏱️ TIMESTAMPS
0:00 - Intro
1:38 - Building insurance tech before Re
6:36 - What is reinsurance and why it matters?
9:16 - How big is the reinsurance market?
10:05 - How Re brings reinsurance capital onchain
14:46 - The DeFi mullet and capital efficiency unlocked
18:46 - Growing revenue with just 12 employees
22:45 - Re’s strategy for winning new business
28:21 - The capital stack behind Re
30:57 - Duration mismatch and how Re navigates this risk
35:07 - Re junior tranche and what’s it earning
36:40 - How Re differs from competitors
43:17 - AI and its potential impact on Re’s future underwriting
46:47 - Re’s role in the growing market of RWAs
48:50 - Agentic operations within Re
52:28 - Tracking the most important growth metrics at Re
55:13 - What’s needed for hundreds of billions to come onchain?
56:45 - Overview of the RE token
58:44 - Closing
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🔗 GUEST LINKS
► Re website: https://re.xyz/
► Re on X: https://x.com/re
► Karn Saroya on X: https://x.com/karnsaroya
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🎙️ MORE FROM THE EDGE PODCAST AND EDGE NEWSLETTER
► Newsletter: https://the-edge.xyz
► Apple: https://tinyurl.com/edgepod
► Spotify: https://tinyurl.com/edgepodspotify
► Linktree: https://linktr.ee/edge_pod
► Follow DeFi Dad: https://x.com/DeFi_Dad
► Follow Nomatic: https://x.com/Nomaticcap
► Learn DeFi: http://defidad.com/
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DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast. Re has been a sponsor of The Edge Podcast but it has no impact on our independent editorial process in choosing to cover them as a market leader in bringing reinsurance yield to DeFi.

Robert Mullins is the CoFounder of Polaris.
DeFi has a yield trap, where we're entirely reliant on staking rewards, T-bills, and basis trades for yield, all sources we don't fully control.
In this new episode of DeFi Frontier, Robert explains how Polaris built native yield infrastructure for Ethereum. We review a new native yield-bearing ETH called pETH, that has both a market price and a mathematically guaranteed floor price. With pETH, users will be able to mint a stablecoin USDp, or Polaris digital gold GOLDp or other pAssets supported by the protocol. Robert walks us through Polaris's vision to issue stablecoins, commodities and synthetic assets against pETH, with the economic activity generated flowing back into the ecosystem.
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💎 THIS EPISODE'S SPONSORS
🔒 KPK | Best risk-adjusted yield through automated vaults

🏦 AXIS | The Origin Vault launched on Ethereum

🌐 RE | Earn real yield backed by regulated reinsurance programs

🟠 APYX | The first dividend-backed stablecoin (DBS)

🐡 PUFFER INSTITUTIONAL | ETH staking solutions for scale

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⏱️ TIMESTAMPS
0:00 - Intro
1:46 - Why Ethereum and Polaris are mutually self-reinforcing
3:27 - What’s “the yield trap” most decentralized stablecoins run into?
6:38 - How Polaris solves the yield trap?
12:25 - What is pETH? Why hold it instead of just ETH?
15:15 - The rising floor price of pETH, risks vs rewards
24:03 - More core assets coming like GOLDp and BTCp
28:44 - Why GOLDp could be hugely popular
31:03 - Polaris Testnet demo
35:49 - What is fpETH vs vpETH?
38:56 - Stewardship, not governance
41:03 - Why Polaris aligns with Ethereum's CROPS mandate
45:05 - Closing
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🔗 GUEST LINKS
► Polaris website: https://polarisfinance.io/
► Polaris on X: https://x.com/polarisfinance_
► Robert on X: https://x.com/0xluude
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🎙️ MORE FROM THE EDGE PODCAST AND EDGE NEWSLETTER
► Newsletter: https://the-edge.xyz
► Apple: https://tinyurl.com/edgepod
► Spotify: https://tinyurl.com/edgepodspotify
► Linktree: https://linktr.ee/edge_pod
► Follow DeFi Dad: https://x.com/DeFi_Dad
► Follow Nomatic: https://x.com/Nomaticcap
► Learn DeFi: http://defidad.com/
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DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast.