#48 – Michael Bentley on Euler, credit, and natural selection

This is my conversation with Michael Bentley, the cofounder and CEO of Euler and previously a dynamical systems postdoctoral research associate at Oxford.Timestamps:- (00:00:00) intro- (00:01:11) early DeFi and experiencing the 2008 crash- (00:06:52) interest rate design and PIDs- (00:20:40) risk management- (00:28:27) sponsor: Splits- (00:29:10) macro view of the world- (00:32:27) the fundamental importance of credit- (00:35:47) Euler protocol design- (00:39:08) modularity and integration- (00:54:40) network topology- (01:10:55) natural selection and dynamical systems- (01:26:33) outroLinks:- Michael on X: https://x.com/euler_mab- Michael on Medium: https://medium.com/@euler-mab- Michael Bentley on the evolution of lending protocols: https://youtu.be/TW9Tv2Y0fkw- Euler: https://www.euler.financeThank you to our sponsor for making this podcast possible:- Splits: https://splits.orgInto the Bytecode:- Sina Habibian on X: https://twitter.com/sinahab- Sina Habibian on Farcaster - https://warpcast.com/sinahab- Into the Bytecode: https://intothebytecode.com Disclaimer: this podcast is for informational purposes only. It is not financial advice nor a recommendation to buy or sell securities. The host and guests may hold positions in the projects discussed.