Rune Christensen: Maker DAO – The Central Bank of Web 3.0
Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
English - July 30, 2019 17:49 - 1 hour - 78.4 MB - ★★★★★ - 143 ratingsInvesting Business Education decentralized web open source crypto ethereum investing sto distributed technologies cryptoeconomics bitcoin blockchain Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
We're joined by Rune Christensen, CEO and Co-Founder of MakerDAO. We discuss the rise of Maker DAI as an algorithmically backed stable token and get into the weeds of the new version featuring multi collateral DAI as well as the ability to natively generate interest on DAI. We also cover the current governance model and how this can be attacked. The governance will undergo an overhall for the new version of Maker, introducing an Emergency Shutdown that can be triggered through MKR holders and promises to make the system more resilient. Lastly, we venture into what Rune hopes the future will bring for MakerDAO.
Topics covered in this episode:
Recap of how single collateral DAI is kept at peg of 1 USD
Why was DAI intermittently trading at < 1USD
Governance functions exercised by MKR holders
Sale of MKR tokens and MKR distribution
Is the current governance model satisfactory?
New governance mechanisms to be rolled out soon
Introduction of multi collateral DAI
Interest generating DAI: Implementation and rationale
Future of Maker DAO: What will be able to serve as collateral?
Episode links:
MakerDAO white paper
MakerDAO CDP portal
MakerDAO Blog
Roadmap Multi Collateral DAI
DAI in numbers
DAI in DeFi
Sponsors:
Cosmos: Join the most interoperable ecosystem of connected blockchains - http://cosmos.network/epicenter
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This episode is hosted by Sunny Aggarwal & Friederike Ernst. Show notes and listening options: epicenter.tv/298