Lava Protocol: Cardano Liquid Staking for Real DeFi Yield

Lava is building a liquid staking protocol for Cardano that lets ADA holders deposit ADA, mint the LADA receipt token, and keep staking exposure while using DeFi. In this interview, Peter speaks with Nick Milne about why Cardano native staking is already liquid, what changes when that ADA moves into DeFi, and how Lava aims to stack staking yield with on-chain strategies.

They also discuss Atrium delegation, LADA as a Cardano native token, DEX and stablecoin liquidity, lending collateral, regulatory and tax friction, vault infrastructure, looping strategies, and what Nick learned from the Draper University program.

Chapters:

0:00 Intro

1:26 How LADA Works

3:28 Staking Plus DeFi

5:20 Cardano Versus Ethereum

7:28 DeFi As A Hedge

9:35 Stacking Yield

12:02 Integrations And TVL

17:21 Stablecoin Liquidity

20:01 Tax Friction