IPOR Protocol – Building the foundational layer for DeFi credit markets | Fundamentals ep.60

In this episode of the Fundamentals podcast, I’m joined by Darren Camas and Dimitar Dinev, the Co-Founders of IPOR Protocol. IPOR is a non-custodial exchange for interest rate swaps built on Ethereum.

Listen to the episode:

As a DeFi protocol, IPOR refers to a series of smart contracts that provide a benchmark interest rate and enable users to access Interest Rates Derivatives on the Ethereum blockchain. IPOR is an abbreviation for Inter Protocol Over-block Rate. It derives its name from major indices from traditional finance like the LIBOR - the London Interbank Offered Rate, and the SOFR - Secured Overnight Financing Rate and adapts it to DeFi.

We discuss what IPOR is, how it works, its core value proposition, and its position within the market. Also, we dive into IPOR’s financials, the upcoming v2 of the protocol, the team behind the project, exciting upcoming developments, and more!

IPOR Protocol’s dashboard on Token Terminal: https://tokenterminal.com/terminal/projects/ipor-protocol

Timestamps:
00:00 Introduction
01:51 What is the IPOR Protocol?
04:01 The core problem that IPOR solves
07:32 IPOR's product suite
09:17 Overview of the protocol's architecture
13:14 Why build on Ethereum? How is IPOR thinking about going multichain?
15:29 IPOR V2
22:55 State of the market & IPORs unique selling proposition
26:26 Founding story & the team building IPOR
32:00 Economic and business models
36:05 The IPOR token
38:17 The venture case for IPOR
39:27 Growth drivers & challenges
42:59 IPOR Power Tokens: innovating liquidity mining
45:25 ETH staking rate derivative

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