Hi everyone, we are back with another episode of our podcast allowing you to get to know people working behind the scenes of the crypto industry. Today we catch up with Pranjal Prashar, the Founder of Paxo Finance. Paxo Finance is a decentralized, secure, smart contracts-driven money market protocol on Ethereum. It opens up investment loan options in DeFi for global users to invest in digital assets via isolated multi-pool borrowing without over-collateralization when borrowing
Welcome to the ninety-fifth episode of the Inside Crypto Podcast. This episode was recorded on September 7th 2022. Today we dive into KYC, regulations and the need for different kinds of lending in the crypto space.
I also would like to thank my employer Amun Tokens for making podcasts like this happen. Please don’t forget to check us out and our products at tokens.amun.com.
Thanks everyone for listening and don’t forget to tune in next week where we interview someone else in the cryptocurrency universe.
Topics Covered Today:
Pranjal, I could read something off a website but I love hearing from founders. How would you unpack Paxo Finance for the average crypto user?
How does bigger loans for less work? Isn’t there a danger of default?
You really embody the ethos of crypto according to your website. Most protocols are moving towards some sort of KYC, do you ever see yourself moving in that direction in the future?
I saw the mention of the portfolio builder on your site? How does that work? There are similar tools out there. What are you trying to do differently?
How are you able to offer such low interest rates?
How does your risk management work. I was reading an article on Bitcoinist and they mentioned the walled garden. How does that work?
Has your token launched? What stage are you at the moment when it comes to tokenomics?
Lastly, what should people be looking out for in the future when it comes to Paxo? What should get them excited for 2023?