How can Vest Exchange’s zkRisk engine enabled cheaper fees compared to other DEX’s?

zkSync’s Deep-Dive series aims at shedding light on projects building on zkSync and to learn from the minds behind them.

Join us as we speak with Justin, CEO at Vest Labs. Simply put, Vest Labs is the team behind Vest Exchange, a fully trustless and autonomous decentralized perpetual futures exchange designed for secure and capital efficient trading. 

Tune in to learn about Vest Exchange’s key features, their reason to build on zkSync and much more. Enjoy!

Link to Vest’s Twitter page
👉🏻 https://twitter.com/VestExchange

Link to Vest’s website
👉🏻 https://www.vest.exchange/

Link to zkSync’s Twitter page
👉🏻 https://twitter.com/zksync

Link to zkSync’s website
👉🏻 https://zksync.io/

Episode Breakdown

01:00 - What was your background prior to founding Vest Labs?

03:00 - What made you decide to make the switch from Web3 investor to Web3 entrepreneur and builder?

05:30 - How were you able to find your niche and vertical of choice within the extremely vast and varied crypto landscape?

08:00 - Would you be able to provide an overview of the Dexes’ market and identify some of the main problems that are currently holding DeFi back?

13:00 - Was the spark that led you to found Vest fuelled by a conceptual motive or a more practical one?

16:00 - Would you be able to provide an overview of Vest Exchange’s zkRisk engine?

19:00 - What led you to develop the Premia concept and what role does this component play within the zkRisk engine?

21:00 - Would you be able to elaborate on Vest’s capacity to add tail assets compared to other dexes?

23:00 - Would you be able to provide an overview of the new product features that users can expect to be shipped from Vest at the beginning of 2024?

26:30 - What made you decide to build on zkSync?

28:00 - How did you settle on the name Vest for the project?

29:00 - How were you able to find like-minded individuals to share Vest’s vision with?

31:00 - In your role as a leader at Vest, how do you handle the responsibility of sometimes having to make tough decisions?

34:00 - What can we expect from Vest in the near future?