Consultant with Bankless Consulting and Tokenomics DAO. Writer and Researcher for Web 3. Crypto Class of 2016
Bringing Real World Assets to the Blockchain
Key TakeawaysTraditional Financial Markets can help to bring the over 20 trillion dollars in debt denominated assets onto the blockchain and into the greater Decentralized Finance (DeFi) ecosystem.Real World Assets on the block chain allow for greater transparency, easy accessibility to liquidity, and fast, cheap transaction fees we’ve come to expect from the blockchainThe stability of these assets give defi protocols like Maker and Aave a great way to back stable coins with stable assets cre...
Bringing Real World Assets to the Blockchain
Key TakeawaysTraditional Financial Markets can help to bring the over 20 trillion dollars in debt denominated assets onto the blockchain and into the greater Decentralized Finance (DeFi) ecosystem.Real World Assets on the block chain allow for greater transparency, easy accessibility to liquidity, and fast, cheap transaction fees we’ve come to expect from the blockchainThe stability of these assets give defi protocols like Maker and Aave a great way to back stable coins with stable assets cre...
DeFi-Nostradamus: A Glimpse Into the Future of DeFi Lending and Borrowing
I have no crystal ball and no prophetic talents, but I do have access to some of the brightest minds in DeFi and a news feed full of builders in the Web 3 space, so let’s tap into that mind share and take a look at the future of lending and borrowing in DeFi. Past and Present of DeFi Lending The summer of 2020 also referred to as “DeFi Summer ‘’ brought the world of decentralized finance (DeFi) to the mainstream of crypto. Protocols such as: Compound, Aave, and Alchemix made waves across the ...
DeFi-Nostradamus: A Glimpse Into the Future of DeFi Lending and Borrowing
I have no crystal ball and no prophetic talents, but I do have access to some of the brightest minds in DeFi and a news feed full of builders in the Web 3 space, so let’s tap into that mind share and take a look at the future of lending and borrowing in DeFi. Past and Present of DeFi Lending The summer of 2020 also referred to as “DeFi Summer ‘’ brought the world of decentralized finance (DeFi) to the mainstream of crypto. Protocols such as: Compound, Aave, and Alchemix made waves across the ...
The Rise of Stablecoins in Africa
Written by: Tobias Kaiser , Researcher: Joe-KingStability FirstStablecoins are cryptoassets which generally track the value of a specific fiat currency, such as the U.S. dollar, the Euro, or the South African rand, making stablecoins a subclass of synthetic assets. Stablecoins are hosted on one or more smart contract platforms, and are classified as tokens rather than blockchain-native coins. Of the many different types of stablecoins on the market, most are pegged to the U.S. dollar. General...
The Rise of Stablecoins in Africa
Written by: Tobias Kaiser , Researcher: Joe-KingStability FirstStablecoins are cryptoassets which generally track the value of a specific fiat currency, such as the U.S. dollar, the Euro, or the South African rand, making stablecoins a subclass of synthetic assets. Stablecoins are hosted on one or more smart contract platforms, and are classified as tokens rather than blockchain-native coins. Of the many different types of stablecoins on the market, most are pegged to the U.S. dollar. General...
Stable Coin Summary: DAI
Written by: ZJ and Joe_KingType of Stable Coin: Over Collateralized Who’s behind the project: DAI stablecoin was created by MakerDAO which is a Decentralized Autonomous Organization. MakerDAO was established in 2014 by Danish entrepreneur Rune Christensen. The DAO operates in a globally decentralized fashion using smart contracts and governance using a digital token called MKR. MakerDAO is managed in a democratic way where MKR token holders vote on decisions to be made regarding changes to Ma...
Stable Coin Summary: DAI
Written by: ZJ and Joe_KingType of Stable Coin: Over Collateralized Who’s behind the project: DAI stablecoin was created by MakerDAO which is a Decentralized Autonomous Organization. MakerDAO was established in 2014 by Danish entrepreneur Rune Christensen. The DAO operates in a globally decentralized fashion using smart contracts and governance using a digital token called MKR. MakerDAO is managed in a democratic way where MKR token holders vote on decisions to be made regarding changes to Ma...
Stable Coin Summary: USDT (Tether)
Written by Shaun Geer and Joe_KingType of Stable Coin: Fiat Backed Who’s behind the project: Bitfinex, through its child company Tether Limited. Reserve / Peg Mechanism: Tether has always been a bit opaque about its collateralization, and has been sued by the New York Attorney General because of incomplete collateralization in the past. There is also reason to suspect that in the past collateral for both Bitfinex (the exchange) and Tether have been double counted, that is, one dollar of asset...
Stable Coin Summary: USDT (Tether)
Written by Shaun Geer and Joe_KingType of Stable Coin: Fiat Backed Who’s behind the project: Bitfinex, through its child company Tether Limited. Reserve / Peg Mechanism: Tether has always been a bit opaque about its collateralization, and has been sued by the New York Attorney General because of incomplete collateralization in the past. There is also reason to suspect that in the past collateral for both Bitfinex (the exchange) and Tether have been double counted, that is, one dollar of asset...
