Analyzing MakerDAO's Governance and User Focus

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The analysis highlights that MakerDAO's focus on governance over user-centric development has potentially slowed down protocol growth and innovation. The lack of attention to Die holders for two years led to missed opportunities to enhance Die's liquidity, usability, and acceptance. The community's vibrant nature and decentralized structure are acknowledged. However, the political execution of the endgame through voting is critiqued.

In today's interview Sam and Brick are joined by Vance, Mark, and Hasu. Together they dive into MakerDAO's endgame. They discuss the current state of MakerDAO, including the DAI stablecoin and RWA adoption. The conversation then shifts to the bull case for Maker, with a focus on the new subDAO structure and how it aims to drive demand for the Maker token through a flywheel effect involving token farming incentives. The guests also debate the challenges MakerDAO faces in igniting organic demand for DAI and finding product-market fit between more centralized stablecoins like USDC. Stick around for all of this and much more!

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Resources

https://www.steakhouse.financial/projects/makerdao-financial-report-2023

PDF: https://drive.google.com/file/d/196mQAbiajSnjFM3SJq-pGuF8GhUwKtL3/view?usp=sharing

PDF (IPFS): https://aqua-hollow-alpaca-520.mypinata.cloud/ipfs/QmdPmF9EuogwY5F2VHbYXG6eke8hYBvBc5p5rXQtvg1WtM

EPUB: https://drive.google.com/file/d/18MVlmvd-b-bnFXAu2hnp7P0cPgj5DYHN/view?usp=sharing

EPUB (IPFS): https://aqua-hollow-alpaca-520.mypinata.cloud/ipfs/QmXnr3VdsgM5MDjN3yMWmerQjWQMU54ExVW2yncSM9PAiA

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Timestamps:

(0:00) Introduction

(1:37) MakerDAO Overview

(5:29) Maker's RWA Adoption

(15:52) Future of DAI Adoption

(21:27) Bull Case for Maker

(28:36) DAS London Ad

(29:43) MakerDAO Endgame

(35:20) subDAO Structure Inefficiencies

(46:04) Maker Token Demand

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Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.