Why Crypto Needs Better Insurance Models | Drew Patel, Karak

In this episode, Drew, co-founder of Karak, discusses the evolution of crypto security from DeFi insurance to restaking. He explains Karak's multi-chain support and diverse collateral types. The conversation also covers the challenges of DeFi insurance, the potential of restaking to lower security costs for projects, and the importance of creating sustainable yield sources. Drew also shares insights on Karak's development philosophy, the risks associated with restaking, and his vision for the future of crypto risk management. Thanks for tuning in!

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(00:00) Introduction

(01:23) Insurance Security in Crypto

(12:32) Onchain Insurance Bull Case

(22:09) Karak Restaking PMF

(26:24) Risks of Restaking

(31:02) Size of the Restaking Market

(41:04) Sei Ad

(42:02) Polygon Ad

(43:12) Free Market Restaking

(49:17) DSS Curation & Risks

(55:17) Karak Traction

(01:11:14) Measuring Karak Success

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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

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