Welcome to episode 82 of the FTX Podcast with guests Tommy & Taylor Johnson, the founders of Psyoptions, with host Tristan Yver.

PsyOptions is an American style options protocol built on the Solana blockchain. The principles that have guided the architecture and development of the core protocol are flexibility and composability. PsyOptions strives to be the most community oriented DeFi protocol.

Time Stamps:

0:00 : Introduction and brief background.

1:12 : What is Psyoptions.

1:55 : The initial impetus of becoming engineers and the personal dynamics that served as a catalyst.

3:03 : Initial crypto encounters and projects dabbled in – including a trading bot.

5:57 : Blockfolio experience, a business venture and aspirations to live in California.

7:06 : Choosing the Solana blockchain; including surf and shill bonding off the coast of L.A.

10:48 : The first Solana hackathon project – a trusted third party oracle and Psyoptions pivot.

15:40 : Sacrifices.

17:18 : The Solana Defi Hackathon and progressing the proof of concept.

18:59 : Evolution of building on the Solana blockchain.

21:40 : Building out the team and legality hiccups.

23:35 : Personal learning experience launching Psyoptions and advice.

26:09 : Platform mechanics, use cases and growth potential.

28:49 : How ‘rent’ fees work on Solana.

31:20 : NFT interaction.

34:55 : Leveraging the growth and protection tools and discussing strategies on Twitter.

37:36 : Bullish trajectory and bootstrapping others to build out.

42:03 : Advice to others entering the space and building.

Thank you for your time and insight!

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See also  #Blockchain 101 Ep 70 - #Cryptocurrency and Litecoin!

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