In this episode of Exploring Solana with Jupiter, let’s learn about HedgeLabs with product and business developer Haoqian Zheng and how they accommodate leveraging with the lowest collateral in the market . Together with your host, Ben Chow, check this episode out if you are interested in taking your A game to the next level. If you liked this episode, don’t forget to subscribe and show your support to Exploring Solana with Jupiter by rating us 5 stars.

Definition of Terms:

  • TPS- In the context of blockchains, transactions per second (TPS) refers to the number of transactions that a network is capable of processing each second.
  • UX- The worldwide cryptocurrency adoption growth of over 880% in 2021 has exposed long-ignored problems with user experience (UX) in crypto.
  • Oracle- Oracle offers easy ways to adopt blockchain technology including a cloud service
  • UI-The interface where interactions between humans and machines occur. It establishes how a user can interact with a machine.
  • APR- The crypto APR is the annual interest rate offered to customers who lend their tokens or crypto assets for borrowers to access at investment companies or cryptocurrency exchanges
  • Logic Wallet - a programmable wallet for DAOs which can delegate treasury authority using role-based access control
  • Wrapped sol - sol token pegged to the value of another crypto
  • USC - ultimate secure cash / utility settlement coin
  • Terra - a blockchain protocol and payment platform used for algorithmic stablecoins

Episode timeline:

[00:43] Learn more about HedgeLabs

[3:01] First experiences with cryptocurrency

[7:00] Standout things they’re proud of

[19:45] Making Logic even better

[22:40] Why there’s a minimum deposit

[32:24] Preparing for the worst in DeFi

[34:44] How they handle or recover things

[35:59] Thought process in integrating Jupiter

[39:18] What to build next

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