Resilient DeFi with Kirk Hutchison | Layer Zero

Kirk Hutchison is the Co-Founder of Volt Protocol, an inflation hedged stablecoin built on Ethereum. Kirk is widely known as the gigabrain’s gigabrain when it comes to all things DeFi.
Jun 28, 20221 min read

As inflation continues to rise, Kirk couldn’t have joined at a better time. However, Kirk and David dive into much more than inflation. In this episode, Kirk explains symmetric money systems, self-referential feedback mechanisms, the problems with DeFi today, what Volt is and its future, and so much more.


0:00 Intro

4:45 What Kirk Thinks About

8:36 Decentral Bank Terms Explained

13:45 What is a PSM?

18:16 The Bankless Thesis

21:20 Fully Symmetric Money System

28:05 Why is Fixed Rate a Problem?

32:12 Self-Referential Feedback Mechanisms

40:45 The Problems with DeFi Today

47:40 DeFi Utopia vs. Dystopia

1:00:55 What is Volt & Its Future?

1:09:25 Governance Token Design

1:13:35 8% Yield to Combat Inflation in DeFi

1:19:20 Closing  




Volt Protocol


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