BROADCASTS.com

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, and Robert Leshner chop it up about the latest news in the digital asset industry. In this episode, Hasu, the gourmand of governance and Rune Christensen, chief mischief maker at MKR, discuss how to manage a DAO, their respective visions for MakerDAO, and much more.\xa0\n\xa0\nShow topics:\n\xa0\n\nWhat MakerDAO is, how DAI works and whether it is the \u201ccentral bank\u201d of DeFi\n\nHow the visions for MakerDAO of Hasu and Rune differ\n\nWhether Maker should only hold highly liquid collateral assets\n\nHasu\u2019s mental model of DAI as eurodollars\n\nThe role of real-world assets in backing DAI\n\nWhat the purpose of a DAO is and how it differs from a legal entity\n\nWhether people behave in their purest form within a DAO\n\nHow DAI can create positive externalities and make a better world\n\nHow crypto holders are not only in it for the money but also for the philosophy\xa0\n\nWhat the \u201cdecentralized stablecoin trilemma\u201d is\n\nWhether there\u2019s a need for dollar-denominated collateral for DAI to work\n\nWhat \u201cclean money\u201d is according to Rune\n\nWhy Rune thinks having a single council is not viable due to the political risks and whether the solution is to have multiple councils\n\nHow to keep the principal-agent problem in check, according to Hasu\n\nWhy Hasu believes council members wouldn\u2019t pursue their own interests and go against the benefit of MKR token holders\n\nWhether a council would be corruptible and the dangers that it entails\n\nWhat kind of interests should be represented in the council\n\nWhether Maker can create more synthetic assets\n\nThe iron law bureaucracy and how it relates to governance\n\nHow to design the DAO to be steered in alignment with the token holders\n\nWhether ossification is a feature to be pursued, and where innovation happens\n\nHow complexity is very expensive for an organization\n\n\nHosts\n\nHaseeb Qureshi, managing partner at Dragonfly Capital\n\nhttps://twitter.com/hosseeb\n\nTom Schmidt, general partner at Dragonfly Capital\n\nhttps://twitter.com/tomhschmidt\n\nRobert Leshner, founder of Compound\xa0\n\n\nhttps://twitter.com/rleshner\xa0\n\n\xa0\nHasu\nTwitter: https://twitter.com/hasufl\n\n\xa0\nRune Christensen\nTwitter: https://twitter.com/RuneKek\n\n\nEpisode Links\n\xa0\nMakerDAO\n\nHasu\u2019s governance proposal: https://vote.makerdao.com/address/0xafaff1a605c373b43727136c995d21a7fcd08989#delegate-credentials\n\n\nRune\u2019s proposal - the endgame: https://forum.makerdao.com/t/the-endgame-plan-parts-1-2/15456\n\n\nProposal to add a lending oversight core unit: https://forum.makerdao.com/t/mip39c2-sp33-adding-lending-oversight-core-unit-love-001/15098\n\n\nPrevious Coverage of Unchained:\xa0\n\n\n Rune Christensen of MakerDAO Part 1: How to Keep a Crypto-Collateralized Stablecoin Afloat: https://unchainedpodcast.com/rune-christensen-of-makerdao-part-1-how-to-keep-a-crypto-collateralized-stablecoin-afloat/\n\n\n\n Rune Christensen of MakerDAO Part 2: How Dai Stayed at $1 While ETH Crashed From $1,400 to $85: https://unchainedpodcast.com/rune-christensen-of-makerdao-part-2-how-dai-stayed-at-1-while-eth-crashed-from-1400-to-85/\n\n\n\n The Rise of MakerDAO: A Personal Journey:\xa0 https://unchainedpodcast.com/the-rise-of-makerdao-a-personal-journey/\n\n\n\nReal World Assets:\n\nHuntingdon Valley Bank (\u201cHVB\u201d) proposal: https://forum.makerdao.com/t/huntingdon-valley-bank-hvb-rwa-collateral-onboarding-risk-assessment/15828\n\n\n$500 million allocation proposal: https://forum.makerdao.com/t/signal-request-asset-allocation-of-mip65-clydesdale/15922\n\n\n\xa0\nThe stablecoin trilemma: https://fluid.ch/stablecoin-trilemma/#:~:text=A%20deeper%20dive%20into%20the,decide%20on%20the%20stablecoin%20supply.\nLearn more about your ad choices. Visit megaphone.fm/adchoices