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Exploring DeFi within NFT communities with FFF and Hubble
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Episode Description:
In this episode of Exploring Solana with Jupiter, let’s learn about Web3 Communities with the cofounders of Fox Famous Federation and Hubble Stablecoin. They talk about how they maximized their communities in Stablecoin and Jupiter. They also discussed the new tools and utilities they developed in their respective companies in order to cater to the Web3 Community. Together with your host, Ben Chow, check this episode out if you are interested in taking your A game to the next level. Press play and if you liked this episode, don’t forget to subscribe and show your support to Exploring Solana with Jupiter by rating us 5 stars.
EXPLORING SOLANA WITH JUPITER SHOW NOTES
Definition of terms:
- Aggregator - brings together trades across various decentralized finance platforms (DeFi) into one location, saving users time and increasing efficiency for cryptocurrency trades
- USTC - stands for TerraClassicUSD, a form of digital cryptocurrency; aims to carry out the function of stablecoins like tether, which track the price of the U.S. dollar, but without any actual cash held in a reserve to back it
- Stablecoin - a fixed-price cryptocurrency whose market value is attached to another stable asset
Episode timeline:
- [0:34] Introducing the guests
- [1:51] On aggregators and builders
- [4:02] How builders build their team,
- [7:12] On DeFi serving an old need
- [9:28] Draxx’s personal journey with DeFi
- [15:08] How would you characterize your community?
- [16:08] The Stablecoin community
- [18:32] The Jupiter community
- [21:16] The artists in the Fox Famous Community
- [23:32] The most used tool or utility in the FFF Community
- [30:03] Integrating DeFi into Hubble
- [38:48] NFT rates and taking risks
- [41:39] How Famous Fox Federation works
- [43:32] Ben’s observation on FFF
- [47:29] FFF’s Upcoming events
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For more information on Jupiter please visit:
Website : jup.ag/
Podcast: http://podcast.jup.ag/
Twitter : twitter.com/JupiterExchange
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