Interview

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

Oskari Tempakka

Article hero image

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

The authors of this content, or members, affiliates, or stakeholders of Token Terminal may be participating or are invested in protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol. Token Terminal does not recommend any particular course of action in relation to any token or protocol. The content herein is meant purely for educational and informational purposes only, and should not be relied upon as financial, investment, legal, tax or any other professional or other advice. None of the content and information herein is presented to induce or to attempt to induce any reader or other person to buy, sell or hold any token or participate in any protocol or enter into, or offer to enter into, any agreement for or with a view to buying or selling any token or participating in any protocol. Statements made herein (including statements of opinion, if any) are wholly generic and not tailored to take into account the personal needs and unique circumstances of any reader or any other person. Readers are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol. Observations and views expressed herein may be changed by Token Terminal at any time without notice. Token Terminal accepts no liability whatsoever for any losses or liabilities arising from the use of or reliance on any of this content.

Stay in the loop

Join our mailing list to get the latest insights!

Continue reading

  1. The Rainmakers of the Crypto Market
    The Rainmakers of the Crypto Market

    The Rainmakers of the Crypto Market

    This week’s newsletter focuses on protocols (blockchains & decentralized applications) that generate the most fees. We’ll learn that analyzing only one chart from the Terminal can tell us a lot about the industry dynamics in the crypto market.

  2. Changelog #004
    Changelog #004

    Changelog #004

    This week, we’re excited to announce our full data-pipeline integration with Immutable zkEVM! Additionally, we shipped some important data changes and new metrics for Aptos, Aave, Jito, Arbitrum, Uniswap, and more!

  3. Token Terminal brings Immutable’s onchain data in front of 300,000 institutional customers
    Token Terminal brings Immutable’s onchain data in front of 300,000 institutional customers

    Token Terminal brings Immutable’s onchain data in front of 300,000 institutional customers

    Token Terminal has completed its integration of Immutable zkEVM, Immutable X, and Immutable Orderbook (“Immutable”) to enable institutional-grade onchain analytics for the Immutable ecosystem. This integration improves the accessibility of Immutable’s onchain data to enable more informed decision-making for all stakeholders in the ecosystem.