Tristan Frizza, the Founder of Zeta Markets, a decentralized finance (DeFi) platform built on the Solana blockchain, recently discussed the platform’s plans for Solana’s Layer 2, perpetual trading, and the future of DeFi in a conversation with Cryptonews. Frizza explained how he was inspired to build on Solana after a conversation with Anatoly Yakovenko, the founder of Solana. He praised Solana’s scalability, speed, and lower fees, which attracted him to the blockchain. Frizza also revealed that Yakovenko became an angel investor in Zeta Markets.
Despite Zeta’s success, Frizza acknowledged the congestion issues on Solana, which pose a challenge for building on the platform. He emphasized the need for fast transaction speeds in the crypto market and discussed Zeta’s efforts to mitigate these challenges. However, Frizza expressed excitement about the upcoming launch of Zeta’s Solana Layer 2 rollup, which will enhance scalability and performance.
Frizza highlighted the unique nature of building an L2 solution on Solana, as no one has done it before. He emphasized the importance of research, engineering, and assembling a team of experts to navigate this uncharted territory. Frizza also mentioned Zeta’s focus on competing with centralized exchanges while maintaining the benefits of DeFi, such as self-custody, transparency, and security.
In addition to discussing Zeta Markets, Frizza shared personal insights in the interview. He talked about writing his thesis on Generative Adversarial Network for Image Super-Resolution, the advancements in AI models, his move to Singapore, and his vision for the future of DeFi.
Overall, Frizza’s interview shed light on Zeta Markets’ journey on Solana, their plans for the future, and their commitment to revolutionizing the financial landscape through DeFi.
