In this episode, guest Kristen O'Brien delves into the Maker Dow project and Dye stablecoin, explaining its protocol, collateral assets, and key external actors. Further discussions cover the Die Savings Rate, governance, risk mitigation, and emergency shutdowns. The future of the protocol and Dye stablecoin use cases are also explored.

In December 2017, the white paper introducing Maker and the original decentralized Dai Stablecoin System was published.  It describes the exact design and features of the Dai launch, as well as a roadmap for the future of Dai. The Dai Stablecoin is a collateral-backed cryptocurrency whose value is stable relative to the US Dollar.

You can also listen to the Bitcoin and Ethereum white papers on The Founders’ List, at - founderslist.nfx.com

Read here - https://makerdao.com/en/whitepaper/

(0:00) Introduction to the Maker Dow project and the Dye stablecoin (4:05) Deep Dive into the Maker Protocol and Dye stablecoin (7:46) Understanding Collateral Assets and Maker Vaults in the Maker Protocol (13:41) Introduction to Key External Actors in the Maker Protocol (17:21) Discussion on the Die Savings Rate (DSR) and Maker Protocol Governance (24:12) Risk Mitigation Strategies in the Maker Protocol (27:14) Emergency Shutdown in the Maker Protocol (30:13) Future of the Maker Protocol and Use Cases of the Die Stablecoin (32:56) Outro: More about NFX Podcast