Ryan Todd and Matteo Leibowitz, analysis analysts at The Block, focus on why Dai has fallen under $1 in value, how the neighborhood has tried to maintain it pegged to $1 and the way properly that’s been working. In addition they describe what the governance system seems to be like, how excessive participation is, and whether or not or not that’s decentralized. And since 2% of al, ETH is locked up in Maker CDPs and Dai is the gasoline behind the DeFi motion, we have a look at what sort of function and danger it performs in Ethereum and the general DeFi system.
Thanks to our sponsor!
CipherTrace: http://ciphertrace.com/unconfirmed
Episode hyperlinks:
Matteo Leibowitz: https://twitter.com/teo_leibowitz
Ryan Todd: https://twitter.com/_RJTodd
The Block: https://twitter.com/theblock__
March 15 governance name report: https://www.theblockcrypto.com/2019/03/15/makerdao-governance-risk-call-march-14-stability-fee-hike-post-mortem/
March 21 governance name 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, half 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, half 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 funding 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 arduous to maintain stablecoins secure: https://unchainedpodcast.com/why-its-so-hard-to-keep-stablecoins-stable/
Unconfirmed interview with Uniswap, one other DeFi challenge the makes use of Dai: https://unchainedpodcast.com/how-uniswap-quickly-became-one-of-the-most-popular-dexes/
Unconfirmed interview on incomes cash on collateral in DeFi: https://unchainedpodcast.com/how-to-earn-money-on-collateral-in-defi-and-why-thats-risky/
