Solace | DeFine by Stake DAO
Channel: Stake DAO
Date: 22/08/2022

Welcome to DeFine. The podcast making the most important projects in crypto easy to understand and accessible to all. Every episode we are sitting down with a team who are trying to solve important issues of our modern society.

This week we speak about insurance in DeFi and why it is so relevant to scale this industry to the broader world. That's why we invited Nikita from Solace, a novel insurance protocol allowing you to underwrite your risk in DeFi. 

DeFine on Spotify: https://open.spotify.com/show/2fewAcuDJEDEOvIZMDfygb

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0:00 Welcome to DeFine
0:15 Nikita from Solace
5:02 Pivoting to crypto
7:35 Mutual insurance model
9:47 Prediction markets insurance model
12:14 What is Solace?
14:28 History of financial insurance
16:48 DeFi and the new financial system
18:49 Solace insurance model
21:58 Insurance in three clicks
22:56 Scaling the team
24:42 Hiring and running Solace team
28:40 Solace Team values
29:54 Solace today?
32:43 Solace in the midterm
35:01 Hitting growth targets
37:37 Solace onboarding process
39:29 Future of the protocol

Intro Jingle produced by by Danya Vodovoz:
https://youtu.be/P4wENibK7VQ