Powering Solana's Onchain Economy | Garrett Harper & Stepan Simkin

Gm! This week we invite Garrett Harper & Stepan Simkin from Squads to the show after they raised a $10 million Series A round. We deep dive into the Squads origin story, why wallet security matters & how they want to help power Solana's on chain economy. Enjoy! -- Follow Stepan: https://x.com/SimkinStepan Follow Garrett: https://x.com/GarrettHarper_ Follow Mert: https://twitter.com/0xMert_ Follow Dan: https://twitter.com/smyyguy -- Join us at Permissionles III. Use code LIGHTSPEED10 for a 10% discount: https://blockworks.co/event/permissionless-iii -- Subscribe on YouTube: https://bit.ly/43o3Syk Subscribe on Apple: https://apple.co/3OhiXgV Subscribe on Spotify: https://spoti.fi/3OkF7PD Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- (00:00) Introduction (01:14) The Squads Origin Story (06:17) What Are Smart Accounts? (08:30) What Is Fuse? (15:10) Permissionless III Ad (16:13) Formal Verifications & Wallet Security (24:51) Powering Solana's On Chain Economy (32:28) Building A Subscription Model (39:06) DAO Services & Governance (44:26) Advice For Founders -- Disclaimers: Lightspeed was kickstarted by a grant from the Solana Foundation. Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Dan and our guests may hold positions in the companies, funds, or projects discussed.