Into the Bytecode cover image

Into the Bytecode

Charles St.Louis: Element Finance, and voting vaults as a primitive

May 24, 2022
48:31

Charles St.Louis is the COO at Element Finance, a protocol for fixed and variable rate yield markets and previously the governance architect at MakerDAO. In this conversation, we talked about Element’s governance system - with a particular focus on voting vaults, a powerful new primitive that decouple the relationship between capital and voting power and allow much more expressiveness in how users are given a governance voice in the ecosystem.

Timestamps:
(00:02:54) - MakerDAO’s arc of decentralization
(00:07:51) - how Maker influenced Element’s design
(00:10:22) - the Governance Steering Council
(00:21:25) - voting vaults
(00:29:10) - L1 and L2 for governance
(00:33:23) - qualitative evaluation for contributions
(00:37:50) - the ElFiverse and NFTs in the Element community
(00:42:24) - on being a protocol delegate

Links:
The Governance Steering Council - https://medium.com/element-finance/the-governance-steering-council-63aea7732262
Voting Vaults - https://docs.element.fi/governance-council/council-protocol-smart-contracts/voting-vaults
The Elfiverse - https://elfiverse.element.fi/

Into the Bytecode:
- Sina Habibian on X: https://twitter.com/sinahab
- Sina Habibian on Farcaster - https://warpcast.com/sinahab
- Into the Bytecode: https://intothebytecode.com

Disclaimer: this podcast is for informational purposes only. It is not financial advice or a recommendation to buy or sell securities. The host and guests may hold positions in the projects discussed. 

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner