In this 21st episode of Colors of Web3 & Entrepreneurship, we dive into the world of Web3 treasury management with Bo and Carlos from Fyde Treasury. Fyde is a pioneering protocol that aims to solve the challenges faced by DAOs, protocols, and crypto projects in managing their native-token treasuries.

Bo and Carlos share their unique backgrounds, transitioning from traditional finance to the crypto space, and how their experiences shaped their vision for Fyde. They discuss the importance of diversification, risk management, and sustainability in treasury management, highlighting the pitfalls of holding a single native token.

The conversation explores Fyde's innovative approach, including broad market diversification, yield generation, and the preservation of governance rights. Bo and Carlos also shed light on the challenges they've faced, their plans for future growth, and their vision for onboarding traditional businesses into the Web3 ecosystem.

Get ready to gain valuable insights into the world of Web3 treasury management and learn how Fyde is paving the way for a more sustainable and resilient crypto ecosystem.

⌛ Timestamps

00:00 - Episode preview

00:22 - Quick announcement before the episode

00:33 - Introduction about the show and the guests from Fyde Treasury

03:10 - How Bo discovered Web3 and crypto

06:16 - How Carlos discovered Web3 & crypto

12:20 - Involvement with London Business School Blockchain Society

13:20 - Personal hobbies and interests of Bo and Carlos 16:46 - Deep dive into Fyde Treasury

17:50 - Issues with DAO's having treasuries sitting mainly in their own native tokens

24:45 - Features and benefits of Fyde Treasury Protocol

30:55 - Importance of diversification in crypto portfolios and treasuries

35:32 - Safety measures and risk management processes that Fyde uses

39:00 - Building a multifaceted approach to security and performance

40:48 - Stress testing and simulation engine

43:50 - Stochastic analysis for portfolio management

47:23 - Typical clients of Fyde Treasury and gradual treasury allocation

51:36 - Traction of Fyde Treasury Protocol so far (as of recording date in late Feb 2024)

53:12 - Challenges facing Fyde Treasury

57:17 - The Future of Web3 Treasury Management

01:01:03 - Web3 treasury management applied to Web2 businesses - future possibility

01:02:32 - How to onboard 1 billion people into Web3

01:05:05 - Advice for Web3 entrepreneurs

01:07:00 - Where to follow Fyde

01:08:08 - Episode outro and bonus for participating in Fyde Treasury

Follow Fyde Treasury Protocol:

Twitter/X: https://twitter.com/FydeTreasury

Discord: https://discord.com/invite/HXNrWZPBkf

Website: https://fyde.fi

Link to their app and my referral code (so we will both get more points for future airdrop):

App: https://app.fyde.fi/

Referral code: i8qhoBxhdP

My social media if you guys want to follow me:

Twitter/X: ⁠https://www.twitter.com/LamWeb3⁠

LinkedIn: ⁠https://www.linkedin.com/in/lamweb3/⁠

Website: ⁠https://lamtrinh.xyz⁠

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