Key Points:
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Leap into Web3
Discover Catoshi's bold transition from Web2 to Web3 and how passion and resilience shaped his journey in the Jupiverse.
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Power of Community
Learn how the Jupiverse community fosters growth and wellness through Cadet Wellness Sessions and collaboration.
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DeFi Innovation
Explore Ben Chow’s vision for dynamic liquidity pools and their potential to transform decentralized trading.
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Taking Risks
Hear inspiring stories of leaving comfort zones to pursue innovation and opportunity in the evolving world of Web3.
In JUP AND JUICE 39, hosts @wakeGMI and @SAXWEB3 bring the heat with two inspiring guests: Catoshi, a core contributor to the Jupiverse and the Catdet Work Group, and Ben Chow, the visionary founder of Meteora.
The episode is a journey through personal growth, professional pivots, and groundbreaking innovations in decentralized finance. Whether you’re looking to transition into Web3, understand the power of community, or dive into DeFi’s next big thing, this episode delivers.
Segment Highlights
Catoshi: A Leap of Faith Into Web3 (7:00 - 34:00)
The episode kicks off with Catoshi, a beloved figure in the Jupiverse, sharing his transformative journey from Web2 to Web3. His decision to leave behind the security of a corporate job and dive headfirst into the fast-paced world of blockchain is a testament to the power of resilience and passion.
As he recounted, his initial steps into crypto trading during the 2020-2021 bull market were anything but smooth. From battling steep trading fees on exchanges to weathering the emotional turbulence of market downturns, Catoshi’s path was challenging. Yet, his determination to find a place in the Web3 world never wavered.
I was desperately applying for Web3 jobs but couldn’t get in because they always wanted prior experience. Then I saw Meow talking about the community and building the DAO, and I knew this is where I belong.
Catoshi credited Solana and Jupiter as pivotal in his journey, noting how the ecosystem’s low fees and seamless trading infrastructure allowed him to explore DeFi without the barriers he faced on traditional exchanges. Eventually, he found his home in the Catdet Work Group, where his contributions helped foster community engagement and innovation.
Wellness and Community
Beyond trading and technical contributions, Catoshi emphasized the importance of maintaining balance in the whirlwind of Web3. He shared his involvement in the Cadet Wellness Sessions, an initiative combining fitness, meditation, and gamified incentives like earning Jup points.
The wellness initiative, which features activities like mindfulness sessions and workouts, is not just about health, but it’s about reinforcing the bonds of the Jupiverse community.
Ben Chow: Dynamic Liquidity Pools (37:00 - 1:30:00)
The second half of the podcast transitions to Ben Chow, a name synonymous with innovation in DeFi. As the founder of Meteora, Ben is reshaping liquidity pools to make decentralized trading more efficient and accessible. With the imminent launch of the $MET token, Meteora is set to become a cornerstone of the DeFi landscape.
Ben elaborated on how the platform’s dynamic liquidity pools empower both novice and seasoned traders by mitigating common pain points like high fees, slippage, and inefficiencies. His vision is to build a platform that not only elevates DeFi infrastructure but also democratizes access, ensuring that anyone, regardless of their technical expertise, can participate in the decentralized economy.
We decided, let’s just teach normal people how to LP better and make more money. I hopped on video, started recording myself teaching people, and then live-streamed it. Over time, a community called 'Goose Gang' formed, starting with about $10k in liquidity, and now they collectively manage six to seven figures of liquidity
Ben delved into the concept of dynamic liquidity pools, explaining how these tools optimize capital efficiency while reducing slippage and impermanent loss a game-changer for traders and liquidity providers alike.
Key Themes and Takeaways
1. The Power of Community in Web3
Both guests emphasized the transformative role of community in Web3. Whether it’s the wellness sessions hosted by the Catdet Work Group or the collaborative spirit driving Meteora, the sense of shared purpose is what sets Web3 apart from its Web2 counterpart.
2. Taking Risks to Pursue Passion
Catoshi and Ben’s stories underline the importance of stepping out of one’s comfort zone. Leaving stable jobs to venture into a volatile and evolving industry like Web3 isn’t easy, but their successes highlight the potential rewards for those willing to take the leap.
3. Innovation in DeFi
Ben’s work with Meteora demonstrates how advanced financial tools can democratize access to decentralized trading. As liquidity pools evolve, they hold the potential to transform how users interact with DeFi, making it more accessible and efficient.
What’s Next?
The journey continues with more inspiring guests and insights into Web3, DeFi, and community building. Dive deeper into the Jupiverse by joining initiatives like the Cadet Wellness Sessions or explore Meteora’s groundbreaking liquidity solutions. Thanks for reading, and for being part of this growing Web3 community.
Stay tuned for the next episode!
Links to Explore and Connect
Follow the Speakers
- Ben on X: https://x.com/hellochow
- Catoshi on X: https://x.com/usimeow
- Sax on X: https://x.com/SAXweb3
- Wake on X: https://x.com/wakeGMI
