From fixing broken casino games to Head of DeFi at one of the most bespoke curators in the space. In January, his team was the first curator out of a failing market on Base. Their depositors took zero bad debt, while other parties got hit. Their next mandate: grow Cardano's TVL by a quarter billion dollars. Join @EricWaisanen & @snj_peters to learn everything about how @alphagrowth1 curates risk, survives blowups, and builds ecosystems. Topics covered: 00:00 — Intro & what Alpha Growth is 01:00 — Economic philosophy, casinos & game theory 03:02 — Card counting is investing: fixing games for the house 04:44 — January on Base: first curator out, zero bad debt 06:06 — Security vs scalability & coming through October 10th clean 06:57 — Becoming Euler's house curator & the numbers that didn't add up 08:28 — Bespoke curation vs off-the-shelf formulas (and how those get gamed) 11:14 — "There's lots of fugazi in the ecosystem" 12:14 — Insurance, tranching & the first liquidation-insured money markets 14:05 — We made DeFi too efficient: the race to zero killed deal flow 15:54 — Morpho's curators: the middlemen re-injected 16:45 — Who should pay for risk ratings? The DeFi mullet answer 18:45 — Why rating vaults is hard: different builds, janky oracles 20:50 — One outlier and your whole methodology is doubted 23:21 — "Our grade was low, and we totally understood": off-chain deals & OpenFi 24:52 — Who curates the curator? Conflicts of interest in max-extract mode 27:03 — Off-chain NAV: monthly is unacceptable, per-block is the goal 30:01 — The Cardano Prime mandate: a general contractor for a whole chain 33:51 — Nested transactions & UTXO: what Cardano can do that others can't 35:13 — Hurdle rates: buying TVL without overpaying mercenary capital 40:58 — Should Ethereum cut staking yield? An economic philosopher answers 43:22 — DAOs, prediction-market governance & tools of freedom