Did the Launch Generate the Intention That It Did?

5min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

"It was amazing to see such enthusiasm, um, an interest in the total value lock numbers go up. And then all the thrill left when we first recognized the bug," he said. "There were some dark days after that." He added: "The irony is in the fact that trying to listen to the very grey, minimul rules that have been presented to the thecrypto space...is really what caused us to do this decentralized governmente and cause it to be unfixable"...

Today, Su and I talk to Will Price and Trent Elmore of YAM.finance.

YAM launched last month as a mix between Yearn’s fair launch, Ampleforth's supply elasticity, and Compound’s on-chain governance. And while its launch was short-lived (it had to shut down from a bug only two days later), it inspired a whole wave of food coins that tried to replicate its initial success. In this episode, we explore what made YAM so successful and what might be in store for the future.

Will Price https://twitter.com/will__price

Trent Elmore https://twitter.com/trentelme

Su Zhu https://twitter.com/zhusu

Hasu https://twitter.com/hasufl