# Is SOL Money? with Austin Federa, Head of Strategy at the Solana Foundation *Author: David Hoffman* *Published: Aug 10, 2023* *Source: https://www.bankless.com/podcast/is-sol-money-with-austin-federa-head-of-strategy-at-the-solana-foundation* --- Bankless hasn’t had the most coverage of Solana, the network, and SOL, the asset, but in this episode that changes. Our guest, Austin Federa is Head of Strategy at the Solana Foundation and is the host of the Validated podcast. David was recently a guest on Austin’s podcast where they went back and forth on some of the cultural and philosophical differences between the Solana and Ethereum projects. Today is a continuation of that episode. Despite some differences in community perspectives, Austin brings a fresh perspective on the design philosophy that relates Solana the network to SOL the asset and so much more.   --- ### TIMESTAMPS 0:00 Intro 6:50 Programmable SOL Values 8:10 SOL’s Story Arc 12:25 SOL’s Architecture & Utility 17:30 SOL’s Economic Sustainability Model 19:20 SOL’s Triple Point Asset Thesis 25:15 Solana’s LSDs 28:48 Solana’s MEV Philosophy 33:56 End Game of Solana MEV 40:00 Ethereum vs. Solana 50:00 Market Cap, Values, & Layers Debate 1:00:15 Closing & Disclaimers   --- ### RESOURCES Austin Federa https://twitter.com/Austin_Federa 157 - Will Solana Make It with Anatoly Yakovenko [https://youtu.be/zlx64JjXlgQ](https://youtu.be/zlx64JjXlgQ) Solana is Launching a Phone? | Co-Founders Anatoly & Raj [https://youtube.com/live/9wfNeVTtBz0](https://youtube.com/live/9wfNeVTtBz0) The Philosophy of Ethereum According to Bankless' David Hoffman [https://solana.com/validated/episodes/the-philosophy-of-ethereum-according-to-bankless-david-hoffman](https://solana.com/validated/episodes/the-philosophy-of-ethereum-according-to-bankless-david-hoffman) --- *This article is brought to you by [MetaMask](https://www.bankless.com/sponsor/metamask-1776260643?ref=podcast/is-sol-money-with-austin-federa-head-of-strategy-at-the-solana-foundation)*