
About this episode
Consider staking with Interop Ventures https://interop.ventures
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Squid was built out of the need to communicate with multiple blockchains when there is not just one dominant chain. Squid is the router for moving assets across different chains, utilizing Axelar as the underlying layer. Squid does the work of figuring out the best path and rates for swapping assets across ecosystems, and simplifies this into a one-click process for the user. Squid has packaged swaps, bridges, and message transfer into one router.
TOPICS
00:00:00 Intro
00:01:55 Fig's background
00:06:18 What is Squid?
00:11:11 Pain points for developers Squid is solving
00:13:20 Squid's relationship to Axelar
00:17:50 Message passing layer
00:20:30 Gas management in Axelar
00:22:40 Atomicity guarantees between chains
00:25:55 Will intents lead to everything going off-chain?
00:33:20 User considerations using Axelar over other interoperable solutions
00:41:56 Longterm view of $AXL and $USDC
00:45:20 Squid integration with Noble and dYdX
00:48:07 Bridge asset fungibility and liquidity fragmentation
00:54:02 ETH stake used to secure Cosmos chains?
00:55:51 What would a Squid token be used for?
00:57:55 Squid business model
LINKS
Website: https://www.squidrouter.com/
Squid dApp: https://app.squidrouter.com/
Squid Twitter: https://twitter.com/squidrouter
GUESTS
Fig, Co-Founder: https://twitter.com/ecdsafu
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SOCIAL MEDIA
Sebastien Couture: https://twitter.com/seb3point0
The Interop: https://twitter.com/TheInterop
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