Interview

Re7 Capital: investing in DeFi, yield, liquid venture, risk management, data, valuation | Fundamentals ep.79

Article hero image

In today's episode, we’re joined by Evgeny Gokhberg – the founder of Re7 Capital – a fund that specializes in DeFi R&D and liquid crypto investment strategies.

We delve into the vast arena of DeFi, exploring everything from generating yield to managing risks. We discuss the intrinsic value of crypto, how investors should approach valuing multidimensional cryptoassets, and what Re7’s edge is in the space.

Listen to the episode

Tune in as we dive deep into exciting trends, case examples from Re7s portfolio, the best KPIs to look at when assessing an investment opportunity, the challenges we face as an industry, the critical need for onchain data analytics, and Re7's framework for managing risks within DeFi.

Timestamps:
00:00 Introduction
01:22 Overview of Re7 Capital
03:33 Building a cycle agnostic business
06:07
What is Re7’s edge?
07:59 Current state of the market, and what makes web3 interesting
11:44 What is intrinsic value in crypto?
15:21 Valuing a multidimensional asset like ETH
20:12 The significance of monetary premium for an asset like ETH
24:03 Betting on ETHs growth rather than moneyness
25:19
Investment approach to DeFi applications
30:33 KPIs for identifying potential success in early stage projects
33:19 The power of granular transaction-level data
34:26 Achieving similar upside to traditional VC in a de-risked fashion
37:30 The pros and cons of liquid venture
39:30 Case example from Re7s portfolio: Gelato
43:28 The Re7 Risk Index
49:08
What trends and market sectors currently stand out in crypto?
51:12 The biggest challenges and opportunities for Re7 today


Re7 Capital: https://www.re7.capital/

Evgeny on X: https://twitter.com/evgeny_re7

Re7 on X (Twitter): https://twitter.com/Re7Capital

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. Tezos – Tech, traction, challenges, vision, XTZ, and more with Co-Founder Arthur Breitman | Fundamentals ep.85
    Tezos – Tech, traction, challenges, vision, XTZ, and more with Co-Founder Arthur Breitman | Fundamentals ep.85

    Tezos – Tech, traction, challenges, vision, XTZ, and more with Co-Founder Arthur Breitman | Fundamentals ep.85

    In this episode, we’re joined by Arthur Breitman, the Co-Founder of Tezos, a layer 1 blockchain. We focus on what sets Tezos apart from other blockchains on the market, and how they stack up in terms of performance, network activity, economics, and more. We speak about the network's current use cases, and vision for the future.