Latest / The Paul Barron Crypto Show / XRP DeFi Going Parabolic?🚀Doppler Finance INTERVIEW🚨

Transcript

XRP DeFi Going Parabolic?🚀Doppler Finance INTERVIEW🚨 · The Paul Barron Crypto Show

• 0:00
  Speaker 1: Today we're going to be diving into XRP DeFi where
• 0:03
  Speaker 1: trap liquidity could be and maybe the biggest opportunity out
• 0:07
  Speaker 1: there in the XRP ecosystem. Let's jump right into it.
• 0:10
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• 0:35
  Speaker 1: is going and that of course is into the crypto market.
• 0:37
  Speaker 1: A lot of news going out there in the market.
• 0:40
  Speaker 1: One of the topics that we've been asked to cover
• 0:42
  Speaker 1: here on the show is yield bearing assets such as XRP.
• 0:47
  Speaker 1: One of them, of course comes through the way of
• 0:49
  Speaker 1: Doppler finance. You can kind of see XRPL continuing to
• 0:53
  Speaker 1: grow in terms of its total value and if you
• 0:56
  Speaker 1: look at the current position right now on Doppler, all
• 1:00
  Speaker 1: so growing in general. So we thought let's reach out
• 1:02
  Speaker 1: to the Doppler team and get one of their advisors
• 1:05
  Speaker 1: to come in and tell us a little bit more. So,
• 1:07
  Speaker 1: I want to welcome Max Zang, who is an advisor
• 1:09
  Speaker 1: over at dopper Finance.
• 1:10
  Speaker 2: Great to have you, Thank you for having me.
• 1:12
  Speaker 3: It's a great honor. So a few episodes already, so
• 1:16
  Speaker 3: very great to speak to you.
• 1:17
  Speaker 1: So Max, let's get into a little bit about First
• 1:19
  Speaker 1: of all, looks like Doppler's about to hit the one
• 1:22
  Speaker 1: hundred million mark in total locked and continuing to grow.
• 1:27
  Speaker 1: What is your anticipation in terms of growth here for
• 1:31
  Speaker 1: Doppler in general, especially when it comes to XRP.
• 1:34
  Speaker 3: Sure, so, while the XRP price is currently still floating
• 1:39
  Speaker 3: around two to three dollars, were bere positive fult price
• 1:44
  Speaker 3: itself in terms of all TBL, they're actually quite a
• 1:47
  Speaker 3: number of catalysts that the Doppler team.
• 1:51
  Speaker 2: Is striving for.
• 1:54
  Speaker 3: One of the recent ones is the is our integration
• 1:57
  Speaker 3: with decent Wallet.
• 1:59
  Speaker 2: So decent Wallet is one of the.
• 2:01
  Speaker 3: Niche wallets in the XOP space, a very big holders
• 2:05
  Speaker 3: hold account in South Korea and debt integration enables that
• 2:10
  Speaker 3: you know, these users can now deposit XRP and then
• 2:13
  Speaker 3: there and yields. From what I've seen in statistics have
• 2:15
  Speaker 3: shown that that has sold out within I think ten
• 2:20
  Speaker 3: minutes fifteen minutes, right, and that was like sixteen million
• 2:24
  Speaker 3: dollars of worth XRP.
• 2:27
  Speaker 2: So hopefully we will see.
• 2:28
  Speaker 3: You know that the trust what it will look at
• 2:30
  Speaker 3: us that Exodus Wallet may consider dopp the finance as
• 2:35
  Speaker 3: a back end infrastructure for for you know this XRP yield.
• 2:40
  Speaker 1: Well, yeah, yeah, this could definitely create a little bit
• 2:43
  Speaker 1: of a domino effect if Descent is successful with this,
• 2:47
  Speaker 1: and obviously we've talked about Descent before on the on
• 2:51
  Speaker 1: the channel, I'm trying to get the tangum guys they
• 2:53
  Speaker 1: should probably be trying to connect up as well for
• 2:56
  Speaker 1: Doppler to start to connect into this. Overall, when you
• 3:00
  Speaker 1: you consider, really I think for some of our viewers
• 3:03
  Speaker 1: and listeners an explanation of what Doppler Finance does, especially
• 3:08
  Speaker 1: within the ecosystem of XRP. Explain to me, first of all,
• 3:13
  Speaker 1: what do you guys do and how do you generate yield?
• 3:16
  Speaker 3: I think it's important to understand that the underlying problem
• 3:19
  Speaker 3: was always that XRP is considered an idle asset, right,
• 3:23
  Speaker 3: It's opassive. You know, you cannot earn yields natively because
• 3:28
  Speaker 3: it does not rely on proof of.
• 3:29
  Speaker 2: Steak, and that's a big problem.
• 3:32
  Speaker 3: We're talking about one hundred and eighty billion worth of
• 3:35
  Speaker 3: XRP that's sitting idle essentially. So Doppler saw this need
• 3:40
  Speaker 3: for providing heels and therefore created vaults XRP yield vaults
• 3:46
  Speaker 3: where people can now deposit their XRP and then earn
• 3:50
  Speaker 3: three to four percent in yields. And the way Doppler
• 3:54
  Speaker 3: generates these fields is currently through trading. Pomers of these
• 4:00
  Speaker 3: trading problems are deploying trading strategies mostly delta neutral principle protected.
• 4:07
  Speaker 3: Those are funding rates, farming basis trades market neutral strategies,
• 4:12
  Speaker 3: and they generate yield and they get returns to the user.
• 4:17
  Speaker 1: That is coming in right now at a seven to
• 4:19
  Speaker 1: ten percent setting on the XRP reward three to four
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  Speaker 1: And I think most XRP holders would probably say, yeah,
• 4:25
  Speaker 1: that's a great opportunity. But you also get the XRP
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  Speaker 1: community out there that talks about there's no way they
• 4:31
  Speaker 1: would ever let their XRP go or go into platforms
• 4:34
  Speaker 1: they don't trust. How would you present a case to
• 4:38
  Speaker 1: an XRP user that would say, well, wait, the team
• 4:41
  Speaker 1: is not doxed yet, we're looking at all kinds of
• 4:45
  Speaker 1: problems within the crypto market. What makes Doppler safe and
• 4:50
  Speaker 1: a good bet for an XRP holder today?
• 4:53
  Speaker 3: Yes, I think there are a number of components that
• 4:57
  Speaker 3: would speak for the credibility of dopal finance. Number one
• 5:00
  Speaker 3: is the backing, the official backing.
• 5:03
  Speaker 2: Of reptable VC firms.
• 5:06
  Speaker 3: That that have strong affiliations to the Ripple ecosystem, and
• 5:10
  Speaker 3: namely that would be Reforch. Reforch is a ripple backed
• 5:16
  Speaker 3: fund that invested in numerous Ripple companies. Then there's ccg
• 5:22
  Speaker 3: uh long, one of the oldest investors in the entire
• 5:27
  Speaker 3: crypto space. We also have backing from mayven eleven, c
• 5:31
  Speaker 3: m C C, Hashkei Capital.
• 5:32
  Speaker 2: And on top of that.
• 5:34
  Speaker 3: We you know, Dougler already has one hundred million, close
• 5:37
  Speaker 3: close one hundred million in.
• 5:39
  Speaker 2: Tv L that is trusted money.
• 5:42
  Speaker 3: And then finally, and I think that's the final component
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  Speaker 3: dot The finance is audited by cerdig and Zenith, which
• 5:49
  Speaker 3: are top tier auditors that have some track record within
• 5:54
  Speaker 3: the XRP ecosystem, which it was technical I guess due diligence,
• 5:58
  Speaker 3: and then that paired with what's publicly available in the
• 6:04
  Speaker 3: doctor documentation where you can read up on the technical stuff.
• 6:08
  Speaker 3: But also this CD five model, right, which I think
• 6:12
  Speaker 3: is key to this whole equation, gives it the round
• 6:17
  Speaker 3: adopt kind of safety measure, making it extremely secure in
• 6:24
  Speaker 3: terms of various risks that play into this model.
• 6:28
  Speaker 1: Yeah, I was just kind of scrolling through the companies
• 6:31
  Speaker 1: that you guys are backed by, and there's quite a
• 6:33
  Speaker 1: few in here that obviously have been in the industry
• 6:36
  Speaker 1: for quite some time. So kudos to Doppler for being
• 6:40
  Speaker 1: able to put this together. Do you think we'll see,
• 6:44
  Speaker 1: especially with the digital asset treasuries, do you think we're
• 6:47
  Speaker 1: going to start to see more companies starting to kind
• 6:49
  Speaker 1: of support networks like Doppler. When we've talked about Vivo Power,
• 6:53
  Speaker 1: one of the largest out there in terms of a
• 6:56
  Speaker 1: XRP digital asset treasury, now talking about deploying like thirty
• 6:59
  Speaker 1: million into Doppler. This will be the first stage of
• 7:02
  Speaker 1: a two hundred million dollar XRP yield program. Do you
• 7:06
  Speaker 1: think if they come in have good experience, that we
• 7:10
  Speaker 1: could see a whole slew of dat start to move
• 7:13
  Speaker 1: into doppler.
• 7:15
  Speaker 3: For sure, there's a massive GAT wave that's just waiting
• 7:18
  Speaker 3: to roll, and so obviously a few power is one
• 7:21
  Speaker 3: of the first movers, one.
• 7:23
  Speaker 2: Of the biggest out there as well.
• 7:25
  Speaker 3: I know that Doctor is talking to all XRP relevant
• 7:28
  Speaker 3: DAT treasuries. I guess from a timeline perspective, you need
• 7:32
  Speaker 3: to understand two variables. One the variable with other the
• 7:37
  Speaker 3: money is actually raised, so are the treasury is finalized?
• 7:41
  Speaker 3: And the second part is are they technical and regulatory
• 7:46
  Speaker 3: frameworks ready to actually receive these funds from institutions? And
• 7:52
  Speaker 3: so both are in the final stages. From my understanding,
• 7:56
  Speaker 3: maybe I can comment briefly on both variables. The first
• 8:00
  Speaker 3: one rebinding DAT is actually having the funds.
• 8:04
  Speaker 2: From all the conversation.
• 8:06
  Speaker 3: That I've heard and I'm involved with, they are at
• 8:10
  Speaker 3: the final stages.
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  Speaker 2: So funds need.
• 8:12
  Speaker 3: To be raised, they need to be closed, but once
• 8:14
  Speaker 3: they're closed, they'll be ready to be deployed. And then
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  Speaker 3: the second variable comes into place, which is can could
• 8:21
  Speaker 3: Doctor even you know, receive it?
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  Speaker 2: And the short answer is.
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  Speaker 3: Yes, but even that has to be strictly coordinated with
• 8:29
  Speaker 3: the respective DAT, with the respective partners and play and
• 8:34
  Speaker 3: that is in the final stage. We see it with
• 8:37
  Speaker 3: Bitcoin treasuries, we see it with there Treasure and Solana treasuries.
• 8:42
  Speaker 3: Those are obviously custodied by regulatory compliant custom providers, and
• 8:47
  Speaker 3: so that the missing piece right now.
• 8:51
  Speaker 1: Okay, So with that being said, you look at the variation.
• 8:55
  Speaker 1: If you look at just MXRP, it's a good example
• 8:58
  Speaker 1: right here, only thirty million in TVL right now. These
• 9:02
  Speaker 1: are other competitive products out there. But the point being
• 9:05
  Speaker 1: is that we haven't seen mass adoption into being able,
• 9:10
  Speaker 1: especially in the yield protocols, to be able to really
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  Speaker 1: kind of migrate a lot of XRP, and I would
• 9:16
  Speaker 1: think you would think, I would hope is that you'd
• 9:19
  Speaker 1: see at least one or two percent of TVL within
• 9:23
  Speaker 1: XRP starting to move into these yield bearing platforms. Why
• 9:27
  Speaker 1: do you think we have not seen that massive growth
• 9:29
  Speaker 1: like we've seen it over on these other platforms with
• 9:34
  Speaker 1: other chains.
• 9:35
  Speaker 3: I love that question because I think fundamentally XRP holders
• 9:41
  Speaker 3: and XOP investors are very different from other cryptal investors.
• 9:46
  Speaker 3: So when you look at the demographics, and I can
• 9:49
  Speaker 3: share a few insights because dopplers hosting community events in
• 9:54
  Speaker 3: Japan and Korea, where the market share is over thirty
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  Speaker 3: five to forty percent. Just just in playing numbers over
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  Speaker 3: eight billion dollars in market capt sits in Korea and Japan,
• 10:07
  Speaker 3: and Doppler is hosting offline community events where they invite
• 10:12
  Speaker 3: hundreds of XARP whales out there, and they have statistic
• 10:18
  Speaker 3: they ran, you know, surveys, collected all the data and
• 10:22
  Speaker 3: the and here's the interesting thing.
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  Speaker 2: The average age of these XARP investors.
• 10:27
  Speaker 3: Is around forty five to fifty, right, So those are
• 10:31
  Speaker 3: really I want to be careful old folks, and these
• 10:36
  Speaker 3: older people, they are very very careful with their money, right,
• 10:40
  Speaker 3: so it takes much more time to convince them and
• 10:43
  Speaker 3: also educate them into you know, applying their previously centralized
• 10:49
  Speaker 3: exchange held XRP to be deployed on it.
• 10:53
  Speaker 2: Right.
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  Speaker 3: So I think the shift is just the fundamentally slower,
• 10:58
  Speaker 3: but it's inevitable that it will happen once every one's
• 11:02
  Speaker 3: picked up, everyone's eddicated, and the respective tools are easy
• 11:08
  Speaker 3: to use.
• 11:09
  Speaker 1: Yeah, so you're saying, really, it's just a matter of time.
• 11:11
  Speaker 1: This is kind of the argument we've had even within
• 11:13
  Speaker 1: my own research team, when we're kind of looking at
• 11:16
  Speaker 1: the different yield platforms. Why haven't we seen the TVL
• 11:18
  Speaker 1: pick up quickly? And I kind of agree with you,
• 11:21
  Speaker 1: is that it is a much more cautious crowd when
• 11:24
  Speaker 1: you look at the XRP community in general, I would
• 11:27
  Speaker 1: say even more cautious than maybe even the bitcoiners that
• 11:29
  Speaker 1: are out there for sure. So I would agree that
• 11:32
  Speaker 1: that makes sense. Again, I got to see it happen,
• 11:35
  Speaker 1: because those are the things. The other thing, of course,
• 11:38
  Speaker 1: is before I get into that, in terms of the
• 11:40
  Speaker 1: complexity of being able to start to earn yield on
• 11:44
  Speaker 1: your assets, explain to me the differences between if you
• 11:47
  Speaker 1: look at flair what they're able to do, actual largist
• 11:51
  Speaker 1: launch their program with midas. You have all these different
• 11:55
  Speaker 1: platforms that are now starting to generate yield asset pability.
• 12:01
  Speaker 1: What makes Doppler different.
• 12:02
  Speaker 3: There's also no definitive answer. However, I think the basis
• 12:08
  Speaker 3: for everyone's own decision should be risk appetite, and that's
• 12:12
  Speaker 3: where the difference is.
• 12:13
  Speaker 1: Right.
• 12:14
  Speaker 3: Doppler finance is fully deployed natively on XRPL. There's no bridging,
• 12:21
  Speaker 3: there's no collateralization or anything like that that other platforms
• 12:27
  Speaker 3: may have, Right, so you need to really read into
• 12:30
  Speaker 3: the fine print and see what happens with your XRP.
• 12:34
  Speaker 2: Whether it's a bridge to another chain or whether it's
• 12:37
  Speaker 2: colateralized whatsoever. Right, And so it comes down to risk appetite.
• 12:43
  Speaker 3: I think that's part number one, and the second part.
• 12:46
  Speaker 2: Will be you know, nobody wants to be first and
• 12:50
  Speaker 2: everyone wants to be second.
• 12:51
  Speaker 3: And so I think what one major, one major decision
• 12:56
  Speaker 3: making factor is also who's going to be the first.
• 12:59
  Speaker 2: I know that that Flair has also previously.
• 13:01
  Speaker 3: Announced a polishable fever power, right, but viver For has
• 13:05
  Speaker 3: actually not yet deployed you real hard cash, and so
• 13:10
  Speaker 3: everyone's waiting for that moment of the actually capital right,
• 13:16
  Speaker 3: and so I think that will be again one of
• 13:19
  Speaker 3: the domino first dominos that will fall and then everyone
• 13:22
  Speaker 3: will follow, you know whatever instance.
• 13:26
  Speaker 1: Listen, if you're right, you could see an absolute wave
• 13:31
  Speaker 1: of capital coming in uh into these markets. So, but
• 13:35
  Speaker 1: one of the things that has always held this up,
• 13:37
  Speaker 1: at least in my opinion, has been access. If you
• 13:39
  Speaker 1: look at just over on the Doppler website, I'm looking
• 13:42
  Speaker 1: here on the wallets that are here. I mean not
• 13:46
  Speaker 1: that people don't know the Gaman wallet, it's not you know,
• 13:49
  Speaker 1: but it's in most cases meta mass coin based et cetera.
• 13:53
  Speaker 1: Even one of our sponsors, Tangent, those are not available
• 13:56
  Speaker 1: right now. Is there a plan to start to accelerate
• 13:59
  Speaker 1: or even a wallet connect something that would really start
• 14:02
  Speaker 1: to open up the ability to get to more access
• 14:04
  Speaker 1: of funds.
• 14:05
  Speaker 2: That's a very fair question.
• 14:07
  Speaker 3: I know that Doddler is talking to almost all x
• 14:10
  Speaker 3: RP related wallets, including Tangent. Tangent, by the way, it
• 14:13
  Speaker 3: is also backed by DCG, So yeah, you know Doddler
• 14:16
  Speaker 3: and the same investor. I know they're talking and it's
• 14:20
  Speaker 3: just a matter of time when they will actually.
• 14:24
  Speaker 2: Integrate with them.
• 14:25
  Speaker 3: The most crucial point is whether that's a meta mask
• 14:30
  Speaker 3: or or some other wallet is supporting XRPL natively as
• 14:34
  Speaker 3: a as a chain, because that's kind of a requirement
• 14:37
  Speaker 3: for for dopper Finance, right. We need to be because
• 14:40
  Speaker 3: we put so much emphasis into that everything should be native.
• 14:44
  Speaker 3: We want the wallet to already support that, you know,
• 14:47
  Speaker 3: the XRP ledger, right, and therefore I think that's.
• 14:50
  Speaker 2: Number one, and then number two is just a matter
• 14:52
  Speaker 2: of times.
• 14:52
  Speaker 3: So I know that the pipeline for doper Finance is
• 14:56
  Speaker 3: all major wallets to set the previously mentioned, and so
• 15:02
  Speaker 3: right now I think it's all about to set up
• 15:04
  Speaker 3: in coordination.
• 15:06
  Speaker 1: I know that your site, or I should say the
• 15:09
  Speaker 1: Doppler site says coming soon. Is there any estimated date
• 15:12
  Speaker 1: on the r l USD vaults as in terms of availability.
• 15:16
  Speaker 3: Yeah, I've heard internally that it will be around November, November.
• 15:21
  Speaker 2: Board December.
• 15:22
  Speaker 1: Wow, okay, very soon. Wow. Well that will be good
• 15:27
  Speaker 1: in terms of the kind of your your framework of
• 15:31
  Speaker 1: the trust line model, because this is one of the
• 15:34
  Speaker 1: things that has kind of kept people, I want to say,
• 15:37
  Speaker 1: keep them from from it, but it's a more technical
• 15:40
  Speaker 1: process to be able to move XRPN to a platform
• 15:44
  Speaker 1: like this. Do you feel like that has been a
• 15:46
  Speaker 1: problem in terms of dealing with trust lines? And I
• 15:50
  Speaker 1: know it was Jaman even they you know, came out
• 15:53
  Speaker 1: and did an update here which removed one of the
• 15:55
  Speaker 1: biggest hurdles, which is the need for trust lines within that.
• 15:59
  Speaker 1: But there's still some you know, a little bit of
• 16:01
  Speaker 1: a duct tape approach here. Nothing wrong with the genre wallet,
• 16:04
  Speaker 1: but they're trying to fix a problem that probably shouldn't
• 16:07
  Speaker 1: even exist. Any plans for that in the future to
• 16:11
  Speaker 1: kind of make that more seamless that's.
• 16:13
  Speaker 2: Actually a big problem.
• 16:14
  Speaker 3: I remember when I first had to set up the
• 16:16
  Speaker 3: trust line, was completely confused.
• 16:20
  Speaker 2: But that's actually a.
• 16:22
  Speaker 3: Problem that wallets have not double the finance, So double
• 16:25
  Speaker 3: the finance is merely using the wallet to be the gateway.
• 16:30
  Speaker 3: And but I totally agree with you, the trust lines
• 16:32
  Speaker 3: should be something that should have never existed in the
• 16:35
  Speaker 3: first place, or should be programmed or much more intuitive
• 16:40
  Speaker 3: to solve and create.
• 16:42
  Speaker 1: Listen, I think a sharp wallet engineer out there could
• 16:47
  Speaker 1: solve this problem if given enough time and effort. But
• 16:49
  Speaker 1: I think the concern is is that you know, they
• 16:52
  Speaker 1: they're not sure yet that there's going to be a
• 16:54
  Speaker 1: big demand for it. I think if a wallet were
• 16:58
  Speaker 1: to come out and make this super sexy integrated into
• 17:01
  Speaker 1: where you could literally gain access to vaults, etc. Inside
• 17:04
  Speaker 1: the wallet, like what we've seen with Sewey network, they've
• 17:07
  Speaker 1: done this already, there are you know, good roadmaps for that.
• 17:11
  Speaker 1: I think that would make a huge difference in terms
• 17:14
  Speaker 1: of adoption for a lot of the XRP crowd. For sure,
• 17:17
  Speaker 1: we're gonna be watching very closely. I'm interested in what
• 17:21
  Speaker 1: you guys are doing and what the Doppler team is
• 17:24
  Speaker 1: up to. So We're gonna be watching very closely this
• 17:26
  Speaker 1: things start to develop. So thanks so much for coming
• 17:28
  Speaker 1: in on the show today. I appreciate it.
• 17:29
  Speaker 2: Thank you for very time. It's a pleasure.
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