How will Regulations impact Ethereum Projects?

Transcript

Yeah. Also like kind of like the based rollups, we have some of them, but like the market does not >> the market doesn't value any. >> Yeah. To adopt them and to use them or like to prioritize them at all. Um yeah, thank you for >> Oh, thank you for the question. But actually uh my theory on this is that now the market don't uh value anything because a lot of things that supposed to be not so so so legal they are because we are in a gray area. I I it's like since 2022 that I'm waiting for regulation to actually go forward to create incentives on builders actually and that's like a huge problem we have

right now in the space I suppose actually. [clears throat] Yeah, I'm I mean I'm kind of sorry. Uh I I I thought about the regulation that uh currently the major states and the countries they apply the old regulation, financial regulation to the new projects and new infrastructure. It just doesn't fit, but uh they still do it and it works in in some way. And also um the fact that the US currently um adopting the stable coins and they are fans for of stable coins with their bills and so on. Um it already shows that um even though the regulation is not fully here

it's gray area but like projects and even institutions they are ready to build and uh yeah use the technology for their advantage actually uh not just for free of course because there is a lot of money. >> Yeah. >> Yeah. But uh yeah but I don't know I think at some point something will happen like in terms of regulation because I don't think that we can go for too much into you know like um into extracting extracting extracting extracting extracting extracting actually. So probably like uh I think I don't know I just hope that this round of regulation will bring to something actually especially like into

DeFi and these kind of things but we will see. What is your favorite D5 project? >> Uh, unis swap. >> Whoa. Sorry, I have to leave. >> No, actually like I'm not a huge fan of of some architecture of the unis swap before in general. Uh, but uh I like unis swap. My favorite version of unis swap is the v2 actually >> and I have a lot of reason for why. But that's >> how do you like v3 or v4? [laughter] I mean um generally the I I don't like loose swap because of the token structure like we have curve we have a drone finance and it's much better much like

>> that that's an important thing like for example take unis swap okay the token about regulation >> so everyone know that it's not like the unis swap team which is actually so bad as a team because unis swap is the most like u I can say like a tumalion team that we have in the space in terms of defi The problem is that without clear regulation they have this token which they supposed to do something with it and they cannot do because for example most people I complain about why unis swap don't do like for some uh revenue share or something like this it's because this gray area of regulation so is I struggle that the fact that people complain that okay we have a lot of tokens and the token don't have utility

is because most of the financial utility to attach to a token to create value they are in the gray area and especially teams that are more focused to be compliance to try to work for long term they're really scared to do this so that's is something that I hope that it will change like regulations >> you have another example finance they do it and they are I think they're pretty successful um >> yeah it's true it's true they also have a very great team actually >> yeah and they're yeah they're going to uh announce something big in a in a week actually >> ah >> uh yeah looking forward Okay.

>> Y then thank you for for the participation. [applause]