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MakerDAO Early History and Conflict
- MakerDAO started as one of the oldest DeFi projects with a mission for decentralized stablecoins.
- Early conflict arose over adopting purely crypto-native vs real world asset collaterals, resolved by integrating real world assets.
Risks of Real World Assets
- Real world assets introduce regulatory and credit risks that challenge decentralization.
- Maker is pioneering mitigating these while advancing real-world asset integration, but the path remains complex.
Advice for DAO Core Units
- Early teams should spin out from core foundation teams with existing trust and context.
- Token holders should maintain funding power but bias hiring towards having more core teams than too few at early stages.