3min chapter

I Pledge Allegiance cover image

MonetSupply - Perspectives on MakerDAO Governance

I Pledge Allegiance

CHAPTER

MakerDAW - What's Next?

Monet Supply: MakerDAW founded in 2016 with the vision of being a decentralized stablecoin. Single Collateral Die, which was just backed by a single collateral asset, ETH, and it actually worked fairly well. But I think it was running into some scalability issues, where if you're only using a single collateral, it's really tough to meet the markets demand for a stable coin. So the next evolution, which they've been working on since a single collateral die launched, was multi-collateral die. And in 2019, I think this sort of precipitated a bit of a split in MakerDAO. Some people roughly led by Nikolai wanted to pursue kind of a

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode