Today, Jon Libby joins us to discuss protecting users and protocols with Steady State’s DeFi insurance.
Jon is the founder of Steady State, a DeFi insurance protocol inspired by blockchain’s transformative power to impact global financial systems. Jon has founded four businesses including a digital marketing firm, an e-commerce platform, and the Executive Partners Group. Jon was mentored by leading figures in global finance including Ronald Latz (former CFO at AIG), Michael Engelhart (former COO at Lloyd’s of London) and Richard Vazquez (financial services entrepreneur).
The following transcript was created using artificial intelligence. There will be some grammatical errors below.
00:01:12:18 – 00:01:37:18
Richard Carthon: Hello, everyone. Welcome to another episode of Crypto Current, your host here, Richard Carthon. And today I got a special guest who had the pleasure of meeting in person at a plethora of different places, but is working on an extremely cool project that I think everyone needs to be paying attention to, because I think it is pretty revolutionary and when pulled off will be something that everyone needs to be paying attention to. We have Jonathan Libby with the Steady State. How are you doing today?
00:01:38:12 – 00:01:39:01
Jonathan Libby: Doing good, man.
00:01:40:04 – 00:01:48:20
Richard Carthon: Man, I appreciate you joining us today. I want to unpack a lot with you, but before we do that, I want the audience to learn a little bit more about you. Give us some background on yourself.
00:01:49:13 – 00:02:21:16
Jonathan Libby: Oh, God. So, my background revolves around finance. You know, before I got into Crypto, I was really deeply in finance. And being a big nerd, you know, consulting, strategy, IBE, insurance, all that stuff I’ve studied and learned. And then, my first composure to Crypto kind of came in the fall of 2019. Leighton Cusack, he’s the founder of a project called PullTogether, with one of the first projects I was exposed to.
00:02:22:10 – 00:02:56:13
Jonathan Libby: PullTogether is a know lost lottery savings account for people’s, it’s kind of how it functions, which is very, very powerful. But what interested me about what he was doing was not necessarily compound finances that’s generating the AQI returns and I was trying to ration how as a financier, and I was trying to ration how someone could generate lending APY by the second. And I’m like, what? And I’m like, that’s impossible. That’s a scam. And the more I researched it, I’m like, holy crap, this isn’t a scam and ever since then, I’ve been falling down the rabbit hole of DeFi and Crypto and really just diving in.
00:02:56:25 – 00:03:31:02
Jonathan Libby: You know, I started buying Crypto in that 2019 as well. My first big, big purchase came in the COVID-19 crash, very blessed for that. And then, yeah, and I think my whole like, really everything I believe about DeFi kind of was realized fully I think when EuroFinance came out, where how the smart contract where you deposit your CC into a smart contract, and get the highest APY lending between synthetics and compound, you want it naturally moving. And all I could think about was like, if you could do that to a bank, what would that do to APY?
00:03:31:04 – 00:03:47:02
Jonathan Libby: For all banks where your money’s going to the highest APY at all times between banks, and so like, this kind of forces you guys like, start scratching. How do we start making these people more money? You know, and it was just really powerful. And I think, you know, that’s kind of my intro, my background, my intro to Crypto.
00:03:47:20 – 00:04:13:02
Richard Carthon: And that’s great. And a lot of people and the reason I always like to ask about backgrounds is you came in fall of 2019, so, you’ve been in the game for about two years. Some people that we bring on the show have been in the game for over a decade. The point being, everyone listening, whether you’re a Crypto OG or you’re new to the game, whenever you get involved, if you see where the opportunity is, you can get started and you can have something pretty massive that is helping to move the needle in the world of Crypto.
00:04:13:04 – 00:04:46:05
Richard Carthon: And one of the things that was brought up multiple times was APY, so, annual percentage yield, and what’s great about that, for most people who don’t know, if you have a savings account in traditional banking, you might get .01 percent on your money, whereas, in Crypto right now, you can see something as low as three percent all the way up to 20 percent or even higher, depending on where you’re at. And so, it sounds like in a lot of ways, this is what the introduction for Jonathan was. And he said, Wow, this is really cool, how can I make this more accessible to more people and like, how is this not a scam? So, is that kind of the premise of how Steady State came to be?
00:04:47:07 – 00:05:30:03
Jonathan Libby: Steady State actually came to be more I thought, not necessarily how is it not a scam, but it was more like I believe Crypto and decentralized finance is going to transform money and how we understand money. Not just like, yeah, it’s just everything going to be stablecoins, but like, I think the average returns for people, in many ways, it’s going to be, you know, things are going to really going to alter and change, but the many way returns, I think people are going to see on their investments, rather than being seven to 10 percent annually, it’s going to be 20 to 30. And at least I think that’s going to totally reinvent how we understand finances and growth. And like, my view on returns are totally warped now, it’s because of the space.
00:05:30:05 – 00:06:08:27
Jonathan Libby: And Steady State came to be fundamentally where I want everyone exposed to the space for mass adoption because I think it’d be one of the greatest ways to create wealth equity among large groups of people would be in Crypto and DeFi, that cannot be achieved in traditional finance, how it works now. Poverty and equity is very important, it’s just I think it solves people’s money problems and they can solve risks. And so, that’s kind of like what you know, why Steady State was kind of like, I want Crypto to be here for everyone and one of the key problems is no one understands it. And if people want to use it, if people are offered to use it for them, they want to know are my assets protected.
00:06:09:06 – 00:06:55:23
Richard Carthon: Right. And what I think is great about as people start to learn more about APY is, you always think about like, how do you create multiple streams of income and one can be just having your money sit and make money for you and have it being in a secure and safe place and having it be liquid if you need it to be. But again, it’s still making money for you. The challenge with savings accounts where people go and build that is that, yes, you have this liquid money, but it’s not making you money. It’s not really doing anything other than having this liquidity available in the event that something bad happens. But why not be able to still have that security, but then also have it make money for you as well? And so, I kind of want to now break down, you know, what is Steady State and what are you ultimately building with it right now?
00:06:57:02 – 00:07:25:13
Jonathan Libby: So, Steady State is kind of two things, but let’s start with kind of what it is from the base. You know, we’re trying to create insurance for protocols. So, currently in the space of DeFi and Crypto, you can use all of these protocols. There are a lot of risk when using these protocols, all mostly technological. If I put $100 in Curve, I’m scared when I wake up tomorrow that money in Curve’s going to be gone and someone hacked the money and just stole the pool. That’s one of the biggest fears we all have the space and it’s a very rational fear.
00:07:25:24 – 00:08:21:15
Jonathan Libby: And currently, the avenue of taction in this space is through retail insurance, where I have to get insurance for my exposure to every protocol I use in the whole industry, DeFi, and mostly in the Ethereum chain I think where solutions are available. And this kind of very capital efficient, my opinion, where I have to get insurance for my exposure to every protocol and the risk I’m trying to get protected from is what the protocol is exposed to, not necessarily what I’ve done. And so, what we’re trying to do is create an insurance which protocols gets to start protecting their communities. Now, the model we’re looking to build is that we understand that business insurance or any kind of form of business insurance has, you know, you need to have a pretty high payout to create coverage. And any protocol promising to pay out a business right now, unless they have a, you know, two, three billion dollar pool lying around, they can’t even begin to start ensuring protocols.
00:08:22:00 – 00:08:59:20
Jonathan Libby: And so, our approach is very different, where we actually combine a lot of finance concepts to build an insurance pool long-term. And what we do is protocols say they want $30,000,000 of coverage for their exposure, liquidity pool, they can post it. And rather than, you know, rather than a business itself just insuring and promising to pay out, providing people with stake capital and receiving a high rate of return for covering the downside risk. Take Aave. If Aave wanted $30,000 in coverage, and they’re will to pay say a 20 percent rate of return in Aave tokens, if I stake 100 USDC, I can raise even 20 percent rate of return on Aave tokens.
00:09:00:15 – 00:09:55:24
Jonathan Libby: And the problem here with Steady State and what we’re trying to solve is like, if we’re trying to sort of invite people to stake capital to our model or our system, and just like if you put money into a pool and it gets hacked and stolen, well, if a hack does happen, you’re going to lose money. And again, by protecting the hack, and so, the problem we have here now is a new kind of problem where like, you’re upsized 20 percent, you’re downsized 100 percent, why is that a good bet. And, you know, and I think when we think about models, you’re always making bets like that, but this is much more apparent. And I think a more proper strategy when it comes to stake capital’s, rather than is to allow them to control their downside risk. And that’s why we built these things called index pools. Index pools mirror structured products and typical traditional finance, where basically it’s a pool with percent exposure to all these different kinds of insurance pools and its protocols.
00:09:56:05 – 00:10:36:28
Jonathan Libby: So, if an event happens, rather your downside being 100 percent on the payout when you stake your capital, it’s two, three, five percent, but your upside of, say, is a 20, 25 percent return and a bunch of tokens all across the DeFi ecosystem. You’re naturally accumulating a bunch of tokens naturally. Blue-Chip DeFi’s the highest rate of return possible, say in the industry. Well, actually, it controls downside risk, meaning that in the industry, we’re trying to liquidate these pools where your internal return will be net positive. It’s almost like, into like, the first bond in DeFi, but like, rather than like, you buy a bond, like an Apple bond, you can save the dollar. You’re basically buying the risk of Apple and getting paid in Apple stock. And that’s a really interesting concept.
00:10:37:11 – 00:10:58:02
Richard Carthon: It is extremely interesting. And that’s why I wanted to bring you on, because when I first heard it, I was like, man, this is revolutionary. So, for everyone listening, I’m sure that was a lot to unpack. I’m going to try to make sure we unpack this for you, because what Jonathan is trying to make here is extremely impressive, especially once executed like, it could really help change the game.
00:10:58:04 – 00:11:37:05
Richard Carthon: So, in the traditional finance world, you have index funds, index funds, if you listen to a lot of different financial books, everything else are typically your safest types of long term investments because they diversify and they typically in the long term, outdo a lot of other types of funds that you can get into. So, essentially, trying to create an index fund in the Crypto, DeFi world. Now, typically, when you would put in money into like, an index fund, let’s say I put in $1,000 and I can hopefully expect somewhere between five to eight percent year over year. But when I’m ready to cash out, even though I’m getting into a lot of different stocks like an Apple and Amazon, whatever else, I’m getting paid out in US dollars.
00:11:37:20 – 00:12:10:14
Richard Carthon: But instead, for this DeFi fund, the way that Jonathan’s explaining it is that you would actually get paid. So let’s say in this hypothetical world, I’m doing an index fund that has Bitcoin, Ethereum and Chainlink and DOT. So essentially, I put in the money for this and instead of getting paid back, let’s say I put in $100 worth of USDC and it gives me 20 percent of each of those, instead of just getting $20 back, now I’m getting $20 worth of all of those different assets that were in each of those. Does that about sum it up?
00:12:11:02 – 00:12:39:28
Jonathan Libby: Yeah, that’s a good explanation. Where, exactly, how ETF’s work, if you have one token with your exposure to say like, one stock with your exposure to 100 stocks, the return five percent is weighted, versus us it’s like, we’re just going to pay you, you know, you’re accumulating tokens and you’re not just exposed to the growth of all of them, you’re actually accumulating. So, it’s like you’re buying an ETF, but you’re getting paid a dividend in all the stocks. And that’s what makes this model really interesting.
00:12:40:15 – 00:12:58:16
Richard Carthon: Absolutely, man. So, one, that sounds very appetizing. What are the ways that as you model this out, is it that anyone can get into it? Is it that there’s going to be certain thresholds? Like, when I put in my money, am I now locked up for a month, a year, ,two years, like how’s that model going to work?
00:13:02:06 – 00:14:15:16
Jonathan Libby: So, when it comes to like, total value of able to buy, it’ll be comparative to the total available in that index pool. So, if the threshold value is $150,000,000, and then I get staked for the $150,000,000 to cover protocols, I want to make sure like, you know, $30,000,000 exposure each to, you know, coverage, then there’s $150,000,000 available. And so, like, it’s all about the structure product build and how you make it available. So, the problem I see in a lot of Crypto, to answer your question about like, the lockup period, the problem I see in a lot of these kind of Crypto insurance funds when there’s retail or people trying to take a stake approach to reciprocal insurance is they want to make sure that you can stake your capital and build on stake your capital when you want.
00:14:16:12 – 00:14:50:17
Jonathan Libby: You know, I love Nexus Mutual. I use Nexus Mutual, I think it’s a good system. You know, it has its ups and downs, but it’s, you know, it’s a good start for where we’re trying to go with the industry I think. And with Nexus, if I stake my Ethereum and I want my Ethereum back to unstake, it takes 90 days for me to unstake my capital, which is a really capital efficient model. And so, I started thinking about what model is available where you’re, you know, these guys are staking money on risk on all of these Nexus Mutual models and rather than that, it’s like, how do you make that liquid where if you unsake, you’re sacrificing protocol.
00:14:51:03 – 00:15:53:28
Jonathan Libby: Well, I was trying to think, what are the models that, you know, you can stake capital, like, people hand money over some kind of object that, you know, receives returns and then you can trade that object around. And that was a bond market. So, what we’re looking to do is basically when a business produces $100,000,000 and about $100 is bonds, then basically when I hold that bond, rather than give back the business, I trade around a secondary market. And so, when you see these index polls, you’ll see a synthetic tool. When you plan plan to actually create a new use case for Uniswap, Sush and other Dex’s where you can now trade the state indexable capital, where say Steady State dow will buy a portion of those private liquidity in the models and have some kind of great values and you can trade those in the markets. And that’s how you make it liquid. It’s rather than, you know, staking, unstaking for a 90 day period, you’re going to just trade the collateral round, just like you would other kinds of risk debt objects. And that’s what we’re trying to do where it’s going to be liquid. And Uniswap is a perfect use case to build something, so.
00:15:54:18 – 00:16:23:21
Richard Carthon: Yeah. Man, that is really cool. I think that’s going to make a lot of people attracted to this opportunity. Something I want to go back track to for a second is I really want to unpack the idea of, you know, for some of the liquidity pools that are out there, you know, you can get a 20 percent APY but you have 100 percent risk, right? If there’s a hack or whatever, you lose everything. How is it that Steady State is able to kind of help bridge some of that and deflect some of that risk?
00:16:23:23 – 00:16:43:02
Richard Carthon: So, my understanding is like, for example, let’s say that in a pool of 20 tokens, that means that you roughly have a five percent exposure to each of those tokens. So, if one of them gets hacked, that means that, you know, you’re still safe for about 90, 95 percent of your upside. Is that kind of how that’s broken down?
00:16:43:04 – 00:17:21:04
Jonathan Libby: Yeah, exactly. And you’re sort of seeing the token let’s say, it’s the protocol, it’s the underlying value. If I stake $100 USDC, I’m going to lose $5 of USDC in underlying capital is in the payout of the protocol from when I staked, but I’m sourcing the tokens, you know. And so, if you’re long on a protocol, this is almost a great model where if it gets hacked like crap, but the token value decreases. So, if you just keep capital stake and that model maybe go and add that $5 is you’re going to accumulate a lot more as tokens, at a lower US dollar value, which means you’re going to get a lot more naturally, which makes it a more interesting model there, yeah. Yeah, exactly what you’re saying is exactly how it works.
00:17:21:13 – 00:17:56:09
Richard Carthon: Yeah. No, that’s awesome, man. And it just seems like there is a lot of layers to this and a lot of ways that people can find an opportunity to be able to create some of this passive income that we were talking about earlier, right? So, you’re securely putting your money into a place that you can feel safe about getting a high APY, but then, also derisking your downside as well. So like, from a roadmap standpoint, you know, where are you presently at in like, where are things kind of headed as Steady State continues to be built out?
00:17:59:10 – 00:18:35:04
Jonathan Libby: So, we’re currently 30 percent built out. Our product team has be working, you know, remote. We’re now centralizing for a period of time to build the product more quickly. We’re hoping to have a testnet out between November, December. We’re going through audits, hopefully have a full product with token launch, a utility token launch with product in March or February, January, sometime Q1 2022 is our plan to launch. And, you know, we don’t want to just launch a token, we want to launch a token with product and utility value to make sure, you know, we’re meeting a lot of different security requirements.
00:18:35:23 – 00:18:41:29
Richard Carthon: Definitely. And I believe you actually had some pretty good news coming out about something that you’re doing with Chainlink. You want to talk about that?
00:18:42:24 – 00:19:32:04
Jonathan Libby: Yeah. So, one thing that makes our insurance model relatively attractive is we’re automating a lot of the insurance claims for the protocols. So, the problem lies in insurance claims processes in DeFi, Crypto right now is if the claims payout for retailers on Nexus is about 18 percent, I think. Our team just did research on it a couple weeks ago and we’re like, Wow, is it really that low? But basically, if I filed a claim on Nexus and the chance of a payout is 18 percent, now, based on our market research we did in February and March, is we found that no protocol was going to pay high premiums to a business model that has an 18 percent chance to pay them out if it didn’t happen. So, it’s an 82 percent chance of loss is like, Okay, I’m not going to bet on that, I’m going to keep my own treasury.
00:19:32:14 – 00:20:16:18
Jonathan Libby: So, what we’re doing is we’re trying to automate the events in Crypto and DeFi, like the known events in DeFi we categorize, whether it’s an Oracle manipulation, flash on attack, exploit, we’re recategorizing these criterion on them. And we’re using the keepers that work with Chainlink. What the Keeper’s Network basically is, is, so, smart contracts are great, but they’re also pretty dumb in the sense where, you know, there is an agreement, but you have to input data to perceive an output and someone has to walk in and input the data. What the keeper’s networks is supposed to do is attract a whole bunch of Blockchain data where you’re trying to search for and when it finds the data you’re trying to search for, it’ll input it naturally into the smart contract without people ever having to be involved.
00:20:17:02 – 00:21:09:11
Jonathan Libby: And so, we’re one of the first integrations and key use cases for the Chainlink Keeper’s Network, where it’s going to be tracking data all across like, different kinds of protocols and what kind of variables metrics are looking for, whether it’s minimal transactions or gas prices or, you know, a key code change in manipulations. And it’ll basically take all those different data and when it sees an event that triggers a payout, it’ll just naturally flood it into the smarter contract. And protocols find this to be a system they can trust a lot more because it’s automated rather than a mutual vote. And because of that, they actually know that like, if the event happens, if it meets the category of this event, then I’m going to get a payout. Our goal is to get a 95 percent success rating on the payout, which will be substantially better than 18 percent.
00:21:10:16 – 00:21:44:12
Richard Carthon: Which is awesome that you’re able to build that out. So, just so I can kind of layer that back just a moment, just so I can unpack that for a second, you’re essentially able to create a protocol that for people who participate through Steady State or what have you, by validating these different smart tracks that are going on, there would be a reward for those validations. And so, by having like a 95 percent quality rate, that’s a whole nother kind of work stream of revenue that would be able to come into the company. Does that sound about right?
00:21:45:18 – 00:21:46:20
Jonathan Libby: Yeah, that sounds right.
00:21:47:18 – 00:22:14:20
Richard Carthon: Gotcha. Nah, well, that’s cool, man. I mean, it just sounds like y’all are trying to find as many creative ways to be able to bring revenue opportunities to people who participate in Steady State. And I just know through offline conversations, it sounds like there’s even more things that are kind of on the horizon in the future, which we will save to unpack at a later date as those developments continue to happen. But it sounds like this is an exciting time for a lot of what y’all are building right now.
00:22:15:20 – 00:22:32:22
Jonathan Libby: Yeah, we’re really excited. You know, there’s really two models, we go out and share the protocols, we get them through stake capital. And long term, we’re going to take the fees and receive and build our own insurance fund that’s going to float on top of the whole model and keep the APY as high for the stakers over use for the protocols. And I think our approach would be very, very successful in the long term.
00:22:33:15 – 00:22:56:27
Richard Carthon: No doubt. We’ll Steady State’s definitely one I’m going to be looking out for. And I think everyone listening you should be looking out for, too. Just as an aside question, as you look into the greater Crypto realm, right? We’re heading into this next decade of Crypto and Blockchain technology. We’ve seen this explosion in DeFi, we’ve also seen NFTs beginning to take off, we see different, you know, Web 3s continue to develop as well.
00:22:57:01 – 00:23:09:07
Richard Carthon: What do you think the short term future is where a lot of people should be paying attention and seeing a lot of things start to develop? Do you think it’s in the insurance space or what do you think people should be looking out for?
00:23:10:03 – 00:24:13:08
Jonathan Libby: If you’re thinking about like, different opportunities, like, front run opportunities in the space, I would say gaming is still a very incredibly undervalued industry, Crypto gaming. I definitely am putting a lot of eyes there. I think the market cap is significantly lower compared to the total potential value. You know, I think, you know, I’m not sure if we’re in a euphoria stage of NFTs, there’s still long term window there. I think Dao’s may be the next big you know, NFT summer, DeFi summer, could be Dao summer i think next year. I’m hearing a lot of people building really interesting models and actual companies, corporate public companies. But I think the next big play, if I was going to research, would be gaming, I think gaming is a weird marriage in the space between Crypto, Blockchain, NFTs and DeFi. And I think it’ll be really fun for people to start exploring that and also see, you know, if that’s encouraging people to like, short term the next two to three months to be gaming. After that, I’d say Daos and, you know, always keep a long view on DeFi and NFTs no matter what because that stuff is going to transform a lot,
00:24:13:21 – 00:24:38:28
Richard Carthon: No doubt. And just to echo the gaming, more and more people I’ve been speaking to have been telling me that as well. And I say it on the show a couple of times, when you hear something, you know, two or three times in a short amount of time, pay attention. Even as I look at some of the newest ICO opportunities that have been in gaming lately, they’ve been doing pretty well compared to the rest of the market. So, I’m definitely going to be spending more time and attention on that. So, thank you for putting that on everybody’s horizon.
00:24:39:06 – 00:24:52:20
Richard Carthon: But, you know, as we kind of wrap up here, man, I always like to ask these final two fun questions. One of them being with all the knowledge you have right now and if you could go impart two to three pieces of wisdom when you first got started in the Crypto space, what would you tell yourself?
00:24:55:22 – 00:25:24:14
Jonathan Libby: There’s a lot of noise, I would tell myself. Trust your gut and bet on yourself, would be the first thing I would tell myself. You know, I have a lot of people, advisors and people offering strategy and all those other things, trying to give me advice. And I had to just learn to take what you can and ignore the rest. And that’s like a really key thing that a lot of people don’t do well. I think another one is like, aiming to be better every day. And, you know, aim to be better every day.
00:25:24:21 – 00:25:55:27
Jonathan Libby: Treat yourself like a standard for yourself and just for yourself. And when you’re leading groups of people, make sure you’re the standard everyone else is striving to meet. So, it’s better to ignore the noise, be the standard. And I think the third best advice I can give is, is, you know, keep your peace. I imagine you have a lot of people and Crypto entrepreneurs listening to this call, you guys go through a lot of stuff on a daily, weekly basis. I have to be very careful not to lose my mind.
00:25:56:15 – 00:26:29:11
Jonathan Libby: I think people have commented that I sound a lot more stern when I talk, but also that like, I sound way calmer than I did two months ago at the same time, where I’m just like, you don’t seem fazed by much, but like, also you seem very fazed. I’m like, Yeah, I’m just learning to deal with it. But it’s like, just find your peace. You know, for me I go play sports. I was playing volleyball yesterday and then ultimate Frisbee. You know, I just want to be active when I can, whether it’s a gym or anything. And so, I guess the big thing is, you know, ignore the noise, trust your gut, bet on yourself, be the standard.
00:26:29:13 – 00:26:41:03
Jonathan Libby: And third is, is find your peace. And I think those are like, top of the three things I lean on more and more every day and try to remind myself every day, you know. Yeah.
00:26:41:05 – 00:26:54:04
Richard Carthon: No, that is amazing. Great advice. Everyone listening, run that back. Just listen to it about two or three times. It’s important and people lose sight of it. One of them that I want to spend just a second more time on is finding your piece.
00:26:54:11 – 00:27:26:15
Richard Carthon: So, there is a moment probably in early summer where like, I was just stressed out, just working on a bunch of different things and feeling like I was being pulled a million directions and it’s realizing like, no, like, I just need to take a moment, take a deep breath, figure out what’s important, and then refocus, realign. Step away from things just for a second, just to get perspective back and get that peace back and feeling good about everything. So, I think that was a great reminder. So, I really do appreciate those three pieces. But as we wrap up here, man, what is a final thought that you want to leave with all the listeners here today?
00:27:28:12 – 00:28:03:10
Jonathan Libby: The future of Crypto is bright. Don’t stop betting on the future, don’t stop betting on the entrepreneurs, don’t stop betting on what’s going on now and what you think is going to happen. Keep your view rather than the next two months, three months, five, 10 years. And if you can do that, well, then you can get anywhere. I believe you can be anything you want. And I think with this space itself, if you’re trying to be an entrepreneur, if you’re trying to innovate, if you’re trying to achieve something, your personal goal as well, some level of freedom, whatever you’re looking to do, this is the space to be in. Keep your scope high and always keep look out for the next opportunity.
00:28:03:12 – 00:28:14:12
Jonathan Libby: And rather than be skeptical, try to be creative. Ask constructive questions just for the goal of learning rather than critiquing. And I think people who do that are really going to be the leaders in space.
00:28:15:07 – 00:28:25:16
Richard Carthon: No doubt. Amazing final thought. Jonathan, really appreciate that sentiment and everything you shared with us today. What are ways that people can connect with you and learn more about everything going on at Steady State?
00:28:25:29 – 00:29:00:15
Jonathan Libby: Yeah. Steady State DeFi is our Telegram. You know, Steady State DeFi is also our Twitter. Feel free to, you know, John SST is my Telegram channel if you want to reach out personally. We’d love to catch a lot of people through Telegram and if you want to talk in person, I’m always available. I try to be available as much as I can, 13 hours a day, at least I’m trying to. But it’s you know, I’m always down to grow our community, always down to teach people more. And our website is SteadyState.Finance. So, a lot of different links you probably can share below and we can really get people interested in what we’re doing.
00:29:01:03 – 00:29:08:03
Richard Carthon: No doubt. We’ll, we’re going to share all of those links in the show notes. Again, we really appreciate all your time today. And for everyone listening, Stay Crypto Current.
Crypto Current will be guiding all of you who are new to the cryptocurrency world to becoming a cryptocurrency and blockchain expert. Crypto Current was founded to give access to information to everyone on current events occurring in cryptocurrency and blockchain in a digestible way. Since its creation, we have created content that impacted thousands of people through its podcast, blog, and social media.