Moonwell: Normalizing Onchain Tools for Everyone

Luke Youngblood, founding contributor to Moonwell (moonwell.fi/), joins the Pirate Pod for a deep dive on the lending protocol. A permissionless, decentralized protocol run by a DAO, Moonwell is one of the largest initiatives on Base, with a market size of over $400M. Luke brings a unique perspective, including his experience at Coinbase and involvement in the early days of DeFi, and shares how Moonwell is building powerful onchain financial tools accessible to everyone in the world no matter what their technical ability.
With a vision to create a world where finance and governance are powered by Web3, Luke walks us through how he is helping to "normalize" being onchain through empowering money markets by letting anyone that has a digital asset lend or borrow against it, democratizing access to borrow and lend opportunities. One of the first applications on Coinbase's Layer 2, Base, and a day one launch partner for the Coinbase Smart Wallet, Luke goes in depth on the impressiveness of the infrastructure that was ready to go from Base on day one and the potential that he sees in the Base ecosystem as it expands to millions of users.
Topics covered:
Benefits of isolated markets.
Programmable smart contract wallets.
Removing points of friction for borrow / lend.
USDC and EURC adoption and use cases.
Web2 and Web3 security measures for Web3 founders.
The future of Base and what it means to bring $350 billion worth of crypto assets on-chain.
Disclaimer: The views discussed in this conversation are the views of the individuals, and not of Arrington Capital. This podcast is provided solely for informational purposes and is not financial, legal, tax or investment advice.
The participants of this podcast are not recommending any particular security, protocol, token, financial instrument, or other tradable asset or any investment strategy and is not offering to sell or soliciting to buy any security or asset.