Ryan Todd and Matteo Leibowitz, research analysts at The Block, discuss why Dai has fallen below $1 in price, how the community has attempted to keep it pegged to $1 and how well that's been working. They also describe what the governance system looks like, how high participation is, and whether or not that's decentralized. And since 2% of al, ETH is locked up in Maker CDPs and Dai is the fuel behind the DeFi movement, we look at what type of role and risk it plays in Ethereum and the overall DeFi system.
Thank you to our sponsor!
CipherTrace: http://ciphertrace.com/unconfirmed
Episode links:
Matteo Leibowitz: https://twitter.com/teo_leibowitz
Ryan Todd: https://twitter.com/_RJTodd
The Block: https://twitter.com/theblock__
March 15 governance call report: https://www.theblockcrypto.com/2019/03/15/makerdao-governance-risk-call-march-14-stability-fee-hike-post-mortem/
March 21 governance call report: https://www.theblockcrypto.com/2019/03/22/makerdao-governance-call-march-14-despite-0-75-supply-decrease-dai-continues-to-trade-down/
Unchained interview with Rune Christensen of MakerDAO, part 1: https://unchainedpodcast.com/rune-christensen-of-makerdao-part-1-how-to-keep-a-crypto-collateralized-stablecoin-afloat/
Unchained interview with Rune Christensen of MakerDAO, part 2: https://unchainedpodcast.com/rune-christensen-of-makerdao-part-2-how-dai-stayed-at-1-while-eth-crashed-from-1400-to-85/
Unconfirmed podcast with Rune Christensen of MakerDAO on its investment of $15 million from a16z: https://unchainedpodcast.com/rune-christensen-of-makerdao-on-its-15-million-from-andreessen-horowitz-ep-039/
Unchained podcast on why it's so hard to keep stablecoins stable: https://unchainedpodcast.com/why-its-so-hard-to-keep-stablecoins-stable/
Unconfirmed interview with Uniswap, another DeFi project the utilizes Dai: https://unchainedpodcast.com/how-uniswap-quickly-became-one-of-the-most-popular-dexes/
Unconfirmed interview on earning money on collateral in DeFi: https://unchainedpodcast.com/how-to-earn-money-on-collateral-in-defi-and-why-thats-risky/
Jackson Palmer of Why We're Not Decentralized Yet - Ep.048
Laura's TEDx Talk: How Crypto Could Allow More People to Be Their Own Boss - Ep.047
The Bitcoin Cash Hard Fork: Bitcoin ABC vs. Bitcoin SV - Ep.046
Emin Gun Sirer on the SEC/EtherDelta Settlement and Why Code Is Speech - Ep.045
Charlie Lee, aka Satoshi Lite, on the 10-Year Anniversary of the Bitcoin White Paper - Ep.044
Fidelity Digital Asset Services' Tom Jessop on Why It's Serving Institutional Clients First - Ep.043
Why the Tether Situation Brought Up Memories of Mt. Gox - Ep.042
How We're Misusing the Word 'Decentralization' - Ep.041
How Abra Enables You to Buy $5 of an ETF-Like Token of the Top 10 Cryptos - Ep.040
Rune Christensen of MakerDao on Its $15 Million From Andreessen Horowitz - Ep.039
Why 'Ethereum Killers' Will Have a Hard Time Attracting Its Developers - Ep.038
Alex Sunnarborg of Tetras Capital on Why He's Bearish on Ether - Ep.037
Shapeshift's About-Face: Why Now? - Ep.036
Pamela Morgan on How to Pass Your Crypto Assets On to Your Heirs - Ep.035
Joe Lubin and Jimmy Song Work On the Terms of Their Bet on Dapps — and Trash Talk the Other’s Coin - Ep.034
How Crypto Will Give You More Flexibility in Your Work - Ep.033
Why the ICE/Bakkt News Makes Some Crypto Investors Nervous - Ep.032
A Place Where People May Be Using Crypto For More Than Speculation - Ep.031
CoinList's Andy Bromberg on the One Big Regulatory Issue Facing Crypto - Ep.030
Token Economy's Stefano Bernardi on How DAOs Could Create a Less Capitalist World - Ep.029
Create your
podcast in
minutes
It is Free
Pharmacy Podcast Network
Startitup podcasty
Sarah Westall - Business Game Changers
Børsen Morgenbriefing
Wall Street Breakfast