Friday Jun 13, 2025

AVAX Dominates L1s, Meme Season & ACP-77 Impact with Kory Shipp | DeFi Podcast #66

In this episode of the DeFi Podcast, hosts Bill, Rhett, and Jared sit down with Kory Shipp to break down why Avalanche is dominating the L1 space and how ACP-77 changed everything.


Kory explains how Avalanche's genius strategy of slashing validator costs from 2000 AVAX to just 1 AVAX per month triggered a flood of Web2 companies building their own L1s. We dive deep into why this approach beats Ethereum's expensive L2 model and Polkadot's failed auction system.


The conversation covers Avalanche's current meme coin season, native Warp messaging advantages, and why the C-chain is now the fastest and cheapest EVM in crypto.


Key Topics:

🔺 ACP-77: How validator cost cuts changed everything

🔺 Why AVAX L1s are crushing Ethereum L2s

🔺 Avalanche meme coin season analysis (Cat coin, Arena app)

🔺 Native bridging vs expensive Ethereum bridges

🔺 Web2 companies flooding into Avalanche ecosystem

🔺 GoGoPool rebrand to Haifa and L1 infrastructure

🔺 Why low fees beat high revenue extraction models


Chapters:

00:00 Introduction to Meme Coins

01:19 Market Update and Trends

03:42 Discussion on Fed Policy and Economic Indicators

11:19 Avalanche and Meme Coin Season

18:14 Debate on the Value of Meme Coins

22:25 Bitcoin: A Meme or More?

24:15 Regulatory Shield of Meme Coins

24:52 Avalanche and the Om Fork

26:54 Avalanche's Fee Reduction and L1 Model

28:43 Ethereum's Fee Market and L2s

29:37 Value Drivers for L1 and L2 Chains

35:36 Avalanche's Validator Fee Reduction Impact

38:40 Haifa's Role in the L1 Ecosystem

44:13 User Experience and Cost in Blockchain

48:29 Concluding Thoughts and Future Discussions


Follow the Hosts:

@Bill_Tanyeri

@JFSaine

@RhettShipp


Disclaimer: Nothing discussed on this podcast constitutes financial advice. Please consult a professional investment advisor and do your own research before making any financial decisions.

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