EPISODE · Mar 27, 2019 · 1H 12M
Digging into DAI with Rune Christensen from Maker
from Zero Knowledge
In this interview, we chat with Rune Christensen from MakerDAO about stablecoins, MakerDAO’s take on this concept, the peg and how this is maintained, security, oracles and more. Here are a few of the terms that we discuss in the episode: DAI: a crypto asset-backed token pegged to the USD — it is designed to maintain a stable value.MKR: Valuebearing, tradeable token. As a governance token, MKR holders have the responsibility of making risk based decisions that will influence the future health of the system.CDP: The MakerDAO Collateralized Debt Position (CDP) is a smart contract which runs on the Ethereum blockchain. It is a core component of the Dai Stablecoin System whose purpose is to create Dai in exchange for collateral which it then holds in escrow until the borrowed Dai is returned.The best resource we found to explain the CDP is here: https://medium.com/cryptolinks/maker-for-dummies-a-plain-english-explanation-of-the-dai-stablecoin-e4481d79b90Thanks again to this week's sponsor Neufund. If you’re interested in how Neufund's open-source technical environment is enabling tokenization of real-world assets or the VP of Engineering position, check their GitHub profile at github.com/neufund or the Neufund job offer at neufund.org/careersIf you like what we do: Follow us on Twitter - @zeroknowledgefmJoin us on Telegram - https://t.me/joinchat/B_81tQ57-ThZg8yOSx5gjASupport our Gitcoin Grant - https://gitcoin.co/grants/38/zero-knowledge-podcastSupport us on Patreon - https://www.patreon.com/zeroknowledge Or directly here: ETH: 0xC0FFEE1B5083230a5154F55f253B6b6ae8F29B1aBTC: 1cafekGa3podM4fBxPSQc6RCEXQNTK8Zz
What this episode covers
In this interview, we chat with Rune Christensen from https://twitter.com/MakerDAO (MakerDAO) about stablecoins, MakerDAO’s take on this concept, the peg and how this is maintained, security, oracles and more. Here are a few of the terms that we discuss in the episode: DAI: a crypto asset-backed token pegged to the USD — it is designed to maintain a stable value. MKR: Valuebearing, tradeable token. As a governance token, MKR holders have the responsibility of making risk based decisions that will influence the future health of the system. CDP: The MakerDAO Collateralized Debt Position (CDP) is a smart contract which runs on the Ethereum blockchain. It is a core component of the Dai Stablecoin System whose purpose is to create Dai in exchange for collateral which it then holds in escrow until the borrowed Dai is returned. The best resource we found to explain the CDP is here: https://medium.com/cryptolinks/maker-for-dummies-a-plain-english-explanation-of-the-dai-stablecoin-e4481d79b90 (https://medium.com/cryptolinks/maker-for-dummies-a-plain-english-explanation-of-the-dai-stablecoin-e4481d79b90) Thanks again to this week's sponsor https://neufund.org/ (Neufund). If you’re interested in how Neufund's open-source technical environment is enabling tokenization of real-world assets or the VP of Engineering position, check their GitHub profile at https://github.com/neufund (github.com/neufund) or the Neufund job offer at https://neufund.org/careers (neufund.org/careers) If you like what we do: Follow us on Twitter - https://twitter.com/zeroknowledgefm (@zeroknowledgefm) Join us on Telegram - https://t.me/joinchat/B_81tQ57-ThZg8yOSx5gjA (https://t.me/joinchat/B_81tQ57-ThZg8yOSx5gjA) Support our Gitcoin Grant - https://gitcoin.co/grants/38/zero-knowledge-podcast (https://gitcoin.co/grants/38/zero-knowledge-podcast) Support us on Patreon - https://www.patreon.com/zeroknowledge (https://www.patreon.com/zeroknowledge) Or directly here: ETH: 0xC0FFEE1B5083230a5154F55f253B6b6ae8F29B1a BTC: 1cafekGa3podM4fBxPSQc6RCEXQNTK8Zz
NOW PLAYING
Digging into DAI with Rune Christensen from Maker
No transcript for this episode yet
Similar Episodes
No similar episodes found.