#10: Sefton Kincaid, Cicada Partners | The past, present and future of onchain credit
In our latest podcast, we sat down with Sefton Kincaid of @cicadacredit!
We discussed the past, present and future of onchain credit, as well as Cicada’s recent partnership with @TrueFiDAO 🎙️
00:00 - Sefton’s background
04:40 - The efficiencies of DeFi protocols
09:44 - The history of crypto credit
17:20 - Collateralized vs uncollateralized credit
18:30 - TrueFi and Maple’s appeal
21:55 - Crypto credit today
21:45 - Borrowing from custodians
26:38 - Communication between lenders
29:03 - The pricing of risk
31:25 - Why Sefton stayed in onchain credit
32:20 - Cicada Partners’ founding thesis…
The skinny
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