About this episode

David Reising discusses the challenges and innovations in DeFi lending with host Ryan Rodenbaugh.

Episode Description Today’s guest is David Reising, founder and CEO of Lotus Protocol. Ryan and David get into why isolated lending markets keep converging on the same handful of pairs, how Lotus prices risk on liquidation thresholds, and why the recent string of DeFi exploits (Aave, Resolv, Stream Finance) is forcing a real rethink of how curators underwrite collateral. They also cover productive debt and the LotusUSD base rate, what David learned relaunching hyETH on Morpho with Gauntlet at Index Coop, and the case for going direct to markets in an agentic world. Guest Links * David Reising: https://twitter.com/Davidareising * Lotus Protocol: https://x.com/LotusFi _ * Lotus Labs: https://lotuslabs.net Host Links * Ryan Rodenbaugh: https://twitter.com/ryanrodenbaugh * Vaults.fyi: https://vaults.fyi * API Docs: https://docs.vaults.fyi/ Subscribe to Wallfacer Podcast https://wallfacer.io/podcast Timestamps * [00:00] Intro and what Lotus is * [01:18] Pricing risk on liquidation thresholds, not collateral quality * [04:47] The Morpho cbBTC market example and the case for tranched lending * [08:24] Designing for borrowers, not just lenders * [11:09] Embedded borrow, predictable…

People in this episode

Host: Ryan Rodenbaugh

Guest: David Reising

Topics covered

• DeFi
• tranched lending
• risk pricing
• collateral management
• productive debt
• market dynamics

Keywords

• Lotus Protocol
• DeFi exploits
• liquidation thresholds
• collateral
• borrowing
• credit markets
• LotusUSD
• hyETH
• agentic world

Mentioned in this episode

Organizations: Lotus Protocol, Aave, Resolv, Stream Finance, Morpho, Gauntlet, Index Coop, Credora, Lotus Labs

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