Uncommon Core 2.0

Interview with Andre Cronje, Part 2 - with Hasu and Tarun Chitra

Aug 21, 2020

01:04:34

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Highlights

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Episode notes

The Security Budget or Governance Budget Is an Attack Factor

03:25

The Launch of Wify Talking

05:45

Is Bitqin Secured?

02:36

Introduction

4min

Is It Not Vote Codify, It's I Codified?

3min

Is It a Good Idea to Have a Proxy Upgradable Contract?

5min

Immutability - Is It a Misnomer?

3min

The Risk Victors

4min

Burne in Quotes - I Don't Have a Key, but You Can't Destroy It

3min

Is There a Time Change on the Controllers?

2min

Is There a Time Delay Between Security and Security?

6min

Cryptocurrency - Is There a Risk?

2min

10.

I've, I'm Tempted to Give the Benefit of the Doubt, and I Want to Say, Look, a Lot of People Have Been Trudging Through the Bear Market With Everyone Else.

5min

11.

The Launch of Wify Talking

6min

12.

Is the Far Value of a Wifey Tokin Really Zero?

2min

13.

I'm Not a Big Fan of Ad Thiks, I'm Just Not Going to Vote.

5min

14.

Is Bitqin Secured?

3min

15.

The Security Budget or Governance Budget Is an Attack Factor

3min

16.

Speculators and a Decentralized Hedge Fund Slash Mutual Fund

4min

17.

I'm a Fond Observer

5min

We return for the second half of our interview with Andre Cronje, a long-time DeFi developer, and creator of Yearn Finance. You can think of Yearn as a smart bank account that automatically allocates your assets to different low-risk investment strategies that execute on the Ethereum blockchain. My co-host is Tarun Chitra, the CEO and founder of Gauntlet, a company that helps stress test the incentive structures and economics of cryptocurrency protocols, especially of DeFi protocols. In this episode, we explore governance in Yearn in particular and how governance in DeFi should work in general. What roles exist, and how can we align their incentives? Is governance a feature to be tokenized and sold off, or an attack vector to be closed? How does the price of a governance token affect the security of its parent protocol? And why does Andre eventually want to retreat from being the lead developer of Yearn Finance? Yearn Finance Gauntlet Hasu's article "Is Yearn.finance safe to use?" Episode Transcript