GreenPill

Kevin Owocki

Details

GreenPill is about crypto-economic systems that create positive externalities for their neighbors & for the world. We explore the intersection of programmable money, game theory, & mechanism design. We search for powerful new ways to fund, design, develop, & market regenerative web3-era applications and digital assets. We launch the meme of regenerative crypto-economics into the world. Ethereum is the ultimate substrate for human coordination. Learn about the web3 builders who are solving coordination failures and creating a more regenerative infrastructure for the world using Ethereum. Take the Green Pill!

Recent Episodes

SEP 15, 2026
S.10 Ep.13 The DAO Security Fund: Round 2 with Griff Green
New @greenpillnet pod out today! In this episode of the Green Pill Podcast, Griff Green returns to discuss Round 2 of the DAO Security Fund a new approach to funding and coordinating security initiatives across the Ethereum ecosystem. Griff explains what the first round revealed about the Ethereum security landscape, why Round 2 is designed to go deeper rather than wider, and how the DAO Security Fund aims to become a Schelling point for security funding coordination. The conversation covers quadratic funding, security initiatives, RFPs, grants, milestone-based funding, market adoption, formal verification, operational security, bug bounties, and the role AI could play in making Ethereum more secure. Griff also shares his vision for the DAO Security Fund: making Ethereum safer than banks by building shared infrastructure and moving the ecosystem from a reactive security posture to a proactive one. In this episode: - The results of DAO Security Fund Round 1 - What changes in Round 2 - How the new funding mechanism works - Grants vs. RFPs - Why market participation matters - Funding Ethereum's shared security infrastructure - Formal verification and compiler security - The economics of collective security - Why Ethereum needs to stop funding hackers - Moving from reactive to proactive security - AI and the future of Ethereum security - The role of DAOs and collective action - How you can propose a security initiative If you're an Ethereum security researcher, builder, company, or community member, Griff's message is simple: bring forward the security problems you want to see solved, and help the ecosystem fund them together. Some of the materials we mention in the episode: https://x.com/Giveth/status/2036815581685350671?s=20 https://x.com/griffgreen https://x.com/Giveth https://x.com/thedaofund https://thedao.fund https://gitcoin.co Timestamps 00:00 — Introduction & Griff Green's Ethereum journey 01:36 — TheDAO Security Fund Round 1: What worked and what they learned 03:49 — From broad funding to deeper security initiatives 04:58 — How Round 2 works: Initiatives, multisigs & ecosystem funding 07:20 — Security Badge holders, rankings & the funding process 09:47 — Grants vs. RFPs and milestone-based funding 20:01 — Why security needs better market coordination 22:24 — Formal verification and the case for funding shared infrastructure 24:22 — The apartment-building analogy: Why collective security makes sense 25:45 — Why Ethereum needs to stop funding hackers 27:31 — Griff's goal: Making Ethereum safer than banks 29:13 — Moving Ethereum security from reactive to proactive 30:38 — Why coordinated security spending can save everyone money 30:44 — Lightning Round: Incentives & public goods 31:28 — Quadratic funding & participatory budgeting 32:02 — Are DAOs making a comeback? 32:37 — AI, robotics & the future of DAOs 34:11 — The most overrated crypto trend: TradFi in crypto 36:01 — How to get involved with TheDAO Security Fund 38:17 — Wrap-up & where to learn more Subscribe to the podcast here https://pod.link/1609313639 https://greenpill.network/
39 MIN
JUN 30, 2026
S.10 Ep.12 Can Quadratic Funding Go Mainstream? | Ma Earth, Hypercerts & the Future of Public Goods
New @greenpillnet pod out today! In this episode, Kevin Owocki sits down with Matthew Monahan (Ma Earth) and Holke Brammer (Hypercerts Foundation) to discuss a bold new experiment: a $1 million Quadratic Funding round designed to bring public goods funding beyond the crypto ecosystem. After years of learning from Gitcoin Grants, the conversation explores what comes next. How can communities fund local regeneration? How do Hypercerts create measurable impact? And what does it take to make coordination mechanisms accessible to everyday people not just Web3 natives? Together, they unpack the lessons from Ethereum, the future of regenerative funding, and why building open infrastructure matters more than ever. Topics covered: The $1M Ma Earth Quadratic Funding round Lessons learned from Gitcoin Grants Bringing Quadratic Funding to local communities Hypercerts and impact verification Public goods beyond crypto Open infrastructure and regenerative finance Ethereum's role in the next generation of coordination AI, collective intelligence, and future collaboration The core idea: Better coordination creates better communities. Quadratic Funding and Hypercerts aren't just crypto experiments they're tools for building a more collaborative future. Some of the materials we mention in the episode: Ma Earth - https://maearth.com Hypercerts - https://hypercerts.org Certified - https://certified.app Hypercerts Docs - https://docs.hypercerts.org Gitcoin - https://gitcoin.co Greenpill Network - https://greenpill.network Follow Matthew Monahan - https://x.com/matthewmonahan Follow Holke Brammer - https://x.com/holkexyz https://bsky.app/profile/holke.xyz Donate to the Ma Earth Quadratic Funding Round (July 1–21, 2026) https://maearth.com Timestamps 00:00 – Introduction & why this conversation matters 01:34 – Meet Matthew Monahan & Holke Brammer 04:17 – The $1M Ma Earth Quadratic Funding round 05:53 – How the funding round works 07:24 – Why Quadratic Funding still matters 09:04 – Lessons from Gitcoin Grants 10:37 – Hypercerts explained 13:56 – Measuring real-world impact with Hypercerts 16:44 – Why blockchain matters for public goods 19:49 – Ethereum's influence on the project 22:14 – Building beyond the crypto ecosystem 24:24 – Public goods, regeneration & systems change 26:52 – The future of regenerative funding 28:02 – Why the team remains bullish on Ethereum 30:08 – What success looks like in the next decade 33:02 – AI, coordination & the future of collaboration 35:30 – Finding builders and growing the ecosystem 38:01 – Final reflections & call to action 39:52 – Closing remarks
40 MIN
APR 27, 2026
VDAO Ep 12 The Hidden Risks of Stablecoins (And Why Decentralization Matters) | Michael
In this episode, Michael explores one of the most overlooked risks in crypto today: Are stablecoins actually safe? As billions flow into stablecoins, most users don't realize the hidden layers of risk from custodians and intermediaries to complex yield strategies happening behind the scenes. This conversation breaks down the difference between centralized vs decentralized stablecoins, and why that distinction matters more than ever. From early Ethereum days to building in DeFi, Michael shares how crypto unlocks true financial sovereignty giving individuals the ability to opt out of fragile systems. Topics covered: • What inspired Michael to build in Ethereum • Peer-to-peer finance & financial sovereignty • What "resilience" and "anti-fragility" really mean • Stablecoins explained (simple breakdown) • Centralized vs decentralized stablecoins • Hidden risks in yield farming ("trust me bro" zone) • Why your stablecoin is "traveling" behind the scenes • Counterparty risk vs code-based trust • Silicon Valley Bank & real-world failures • Why optionality is the key to financial freedom • Liquity, BOLD & decentralized stablecoin design • The future of money, regulation & crypto systems The core idea: Not all dollars are equal. Not all stablecoins are safe. If you don't understand where your money is going, you're taking risks you didn't sign up for. Greenpill isn't just about building new systems. It's about building systems you can actually trust. greenpill.network vdao.org https://x.com/JoinVDAO https://x.com/greenpillnet https://x.com/svobodamichael https://x.com/LiquityProtocol Timestamps 00:00 – Introduction 00:11 – Michael's "why" & discovering Ethereum 01:36 – Peer-to-peer finance & removing intermediaries 02:29 – Journey into crypto & early DAO era 03:31 – Early crypto vs traditional finance mindset 04:22 – Ethereum community & early DeFi innovation 05:28 – Resilience, sovereignty & optionality 08:27 – Why financial independence matters 10:16 – Introduction to stablecoins 10:58 – What is a stablecoin (simple explanation) 12:00 – Centralized vs decentralized stablecoins 13:25 – The "trust me bro" risk zone 14:09 – On-chain vs off-chain backing explained 15:04 – Why decentralization matters in stablecoins 16:28 – Stablecoins for payments vs savings 17:04 – Risk comparison: CeFi vs DeFi 19:17 – Sovereignty, control & censorship resistance 21:05 – Why most stablecoins don't give real claims 21:29 – Human systems vs code-based systems 21:56 – Risks in centralized finance (SVB example) 23:05 – Optionality & monetary systems 25:25 – Regulatory risks & future scenarios 26:58 – Why decentralized stablecoins matter 27:47 – Pegging to the dollar explained 30:39 – Scalability limits of crypto-backed stablecoins 31:24 – Stablecoins as "last resort" money 32:12 – Risk & resilience in DeFi systems 33:14 – How to earn yield on stablecoins 35:39 – The "journey" your stablecoin takes 37:46 – Why chasing yield increases risk 38:32 – Terra Luna & unsustainable yields 39:48 – Where yield actually comes from 40:20 – Risk vs reward in DeFi 42:45 – Regulation vs code-based trust 43:11 – Understanding hidden dependencies 44:19 – Rehypothecation & hidden risks 47:34 – Who should use decentralized stablecoins 49:00 – Network states & financial systems 50:23 – Why stablecoin adoption is hard 52:38 – The idea of an "Ethereum-native dollar" 53:48 – Future of stablecoins & regulation 56:43 – Risks of over-regulation 59:08 – Why decentralized systems need support 01:00:03 – Stablecoins & Ethereum security 01:00:58 – Why this matters for Ethereum's future 01:01:46 – Aligning with crypto values 01:03:40 – The need for stronger community voice 01:05:24 – Final thoughts & closing
66 MIN
APR 24, 2026
S.10 Ep.11 $170M to Fix Ethereum Security (After Another Major Hack) with Griff Green
In this episode, Griff Green dives into one of the most urgent challenges in crypto today: Can Ethereum actually become safe enough for everyone? From billion-dollar hacks to AI-driven exploits, security has become the defining bottleneck for the future of decentralized systems. Griff shares lessons from over a decade in crypto from the original DAO hack to leading new efforts like the DAO Security Fund, a $170M initiative designed to fund and coordinate Ethereum security at scale. This conversation explores: • The DAO Security Fund & how it works • Turning Ethereum security into a public good • The recent wave of hacks across DeFi & Web2 • The Arbitrum Security Council decision & North Korea exploit • Why incentives for white hats are broken • AI as both the biggest threat and biggest defense • Coordination vs fragmentation in Ethereum security • Why crypto still isn't safe for normal users • Lessons from the original DAO hack • Quadratic funding & new experiments in capital allocation • The future of public goods funding in Ethereum The core idea: Security isn't just a feature. It's the foundation of everything. If Ethereum can become truly safe, it won't just compete with traditional finance it could replace it. Greenpill isn't just about funding public goods. It's about building systems people can actually trust. greenpill.network @owocki @greenpillnet https://x.com/griffgreen https://x.com/Giveth Some of the materials we mention in the episode: - https://x.com/thedaofund - https://qf.giveth.io/qf/apply - https://qf.giveth.io/qf Timestamps 00:00 – Intro: Greenpill & Griff Green 01:19 – What is the DAO Security Fund? 03:16 – $170M fund & Ethereum security as a public good 04:25 – The current wave of hacks (Web3 + Web2) 05:07 – AI arms race: white hats vs black hats 07:14 – Short-term risk vs long-term security 08:10 – Lindy, AI & system resilience 09:06 – Arbitrum hack situation explained 10:26 – KelpDAO exploit & systemic DeFi risk 12:50 – Why hackers didn't move funds immediately 13:54 – Emergency governance & Arbitrum response 15:35 – Flashbacks to the original DAO hack 18:17 – The hardest part: returning funds to users 20:40 – Multi-DAO coordination problem 22:21 – Why this situation is more complex than before 23:43 – DAO Security Fund: goals & vision 26:08 – Security as a scalable public good 27:48 – Coordination vs individual defense 28:22 – Why "security" works better than "public goods" 29:10 – Why crypto still isn't safe for normal users 30:14 – Open source vs public goods framing 31:06 – Giveth QF round & how to apply 33:33 – Expert-weighted quadratic funding experiment 36:18 – Tunable QF & improvements over past models 38:01 – Is quadratic funding still relevant? 39:06 – 10-year vision: Ethereum as global infrastructure 41:36 – Why hacks keep happening 43:17 – Misaligned incentives for white hats 44:57 – Future of public goods funding 45:21 – How the Arbitrum situation plays out 47:22 – Decentralization vs security council debate 49:11 – Social media manipulation & misinformation 50:53 – Are L2s still decentralized? 51:20 – Final call to action (QF round) 52:44 – Closing thoughts
53 MIN
APR 20, 2026
VDAO Ep 11 Rethinking Systems: Resilience, Coordination & the Future We're Building | Raphael
In this episode, Raphael explores a fundamental question shaping our future: How do we build systems that can actually withstand uncertainty? As the world becomes more complex, interconnected, and fragile, it's no longer enough to optimize for efficiency. We need systems that are resilient, adaptive, and aligned with human values. This conversation dives into the deeper layers of coordination beyond technology into incentives, culture, and long-term thinking. Topics covered: • Why modern systems struggle under stress • The trade-off between efficiency and resilience • Coordination challenges in decentralized systems • Cultural vs technical solutions • Designing systems that evolve over time • Incentives, behavior, and unintended consequences • Local vs global resilience • The role of communities in system design • How narratives shape the systems we build This isn't just a conversation about infrastructure. It's about rethinking the foundations of how we organize society. The core idea: Resilient systems don't emerge by accident. They are designed intentionally, iteratively, and collectively. Greenpill isn't just about better tools. It's about building systems that can last. greenpill.network vdao.org https://x.com/JoinVDAO https://x.com/greenpillnet Timestamps 00:00 – Introduction & framing the problem 01:30 – Why resilience matters now 04:00 – The limits of current systems 07:00 – Efficiency vs resilience trade-off 10:00 – Coordination challenges 13:30 – Decentralization & its realities 17:00 – Incentives shape behavior 20:30 – Cultural vs technical solutions 24:00 – Designing adaptive systems 28:00 – Local vs global resilience 32:00 – Community as infrastructure 36:00 – Failure modes & unintended consequences 40:00 – Long-term thinking vs short-term optimization 44:00 – Narratives & system design 48:00 – What needs to change 52:00 – Final reflections 55:00 – Closing
55 MIN