The Blockchain Show · 2023-11-17 · 53 min
Bracket Labs' founders, Michael Wasyl and Pelli Wang, take center stage to share their mission of democratizing decentralized finance (DeFi). Pelli, with a background in traditional finance and crypto incubation, and Michael, seasoned in financial analytics at Bloomberg, discuss their journey and the genesis of Bracket Labs. The duo unveils their ambitious plans for crypto volatility products, aiming to fill gaps in the market and make DeFi more accessible. They introduce Bracket X, a tool enabling leverage positions on blue-chip assets, and explore the concept and benefits of crypto perpetuals for extended leverage. The conversation delves into the challenges and potential of the crypto market, new product developments, and the necessity for better user experience and security features in DeFi. The team discusses regulatory concerns, emphasizing the delicate balance between fostering innovation and ensuring compliance. Michael details Bracket Labs' commitment to security, transparency, and their tech stack, highlighting future plans and developments, including the upcoming launch of Passage.
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