Wyre Talks

Ep 28, Creating Stability out of Chaos - Advanced Maker Topics with Rune Christensen, Founder of MakerDAO

Episode Summary

For MakerDAO to reach its full potential, the platform will need access to massive collateral. Collateral beyond what the crypto ecosystem can provide. Rune Christensen sees this as the most lucrative opportunity to come out of Maker, an opportunity with the potential to unlock the connection between traditional and decentralized finance. And as Maker adds real-world assets to its collateral pool, Rune sees a future where Maker maintains a synthetic version of any asset of any value.

Episode Notes

Rune is the cofounder and CEO of MakerDAO, the originator of Dai, the world’s first stablecoin built on the Ethereum blockchain. Dai serves to eliminate volatility through a system of smart contracts designed to respond to market dynamics. Today, Rune joins us to discuss the imminent launch of Multi-Collateral Dai, explaining how the team overcame the challenge of formal verification and how it impacts product quality. He shares the impetus for the recent Dai stability fee increase and offers insight on the three data points Maker uses to design monetary policy and react in real time.

Follow Rune (guest) on Twitter: https://twitter.com/RuneKek

Follow Thomas (host) on Twitter: https://twitter.com/tomscaria

Follow Louis (co-host) on Twitter: https://twitter.com/louAboudHogben