The Massive Potential of Multi-Collateral Dai — Conference Call November 21, 1pm-2pm EST

Lou Kerner
Nov 7 · 3 min read

Presented by CryptoMondays, DeFi NYC, & Silver Castle

Click here to register for the call on Zoom and you can listen real time or listen to the replay

Since launching the Collateral Debt Protocol (CDP) Portal to enable the creation of Dai, in late 2017, Maker has carved out a position as the leading DeFi application on the Ethereum network:

Source: DeFI Pulse

Since it’s inception, holders of the Maker coin (MKR) could vote on changes to:

  • Interest Rates — thus incentivizing or de-incentivizing borrowing and lending.
  • Increase or decrease the total debt limit

With the introduction of Multi-Collateral Dai (MCD), MKR holders will also get to vote on:

  • The Dai Savings Rate (DSR) — Once locked into the DSR contract, Dai can continuously accrue interest. There are no restrictions or fees for using DSR other than the gas required
  • What other digital assets will be able to be collateralized like ETH is today.

CEO Rune Christensen believes that the introduction of MCD “… is going to cause an explosion of new innovative ways to implement DAI”. I agree, and couldn’t be more excited for what’s to come.

To that end, this conference call features four speakers who will each talk about MCD from a different angle, putting the historical growth in to context, and laying out their own visions for how MCD could change DeFi and the world. We’ll also discuss the challenges, including the oracle problem, the entry of larger competitors, and global regulators.

We’ll leave plenty of time at the end of the presentations for questions form the audience.

Click here to register for the call on Zoom

Our esteemed speakers are:

Steven Becker, President & COO, Maker Foundation— Prior to Maker, Steven was invested in alternative assets including private equities and hedge funds. Steven got a B.S. in Finance, and a Master of Science (M.Sc) frpm the University of Cape Town.

Robert Leshner, Founder & CEO, Compound — an open-source, autonomous interest rate protocol. prior to Compound Robert was a Product Lead at Postmates, Founder of Safe Shepherd a personal-information opt-out service for consumers), and a Principal of HPM Partners, which managed over $6 billion in client assets. Robert has a B.A. in Economics from the University of Pennsylvania.

Tim Ogilvie, Co-Founder & CEO of Staked — Tim has spent 20 years starting and operating technology companies. Most recently, Tim founded Y-Combinator-backed Think Gaming, a SaaS data platform focused on mobile games. Previously, he was founder and CEO of AdBuyer.com, an early demand side platform (sold to Mediaocean), and was a pre-launch employee at two successful consumer internet companies, Interactive Search Holdings and Pronto (both sold to IAC/InterActiveCorp).

Allison Lu, Co-Founder & COO of UMA— a decentralized financial contracts platform built to enable Universal Market Access. UMA’s technology comprises of smart contract templates that can be used to create decentralized financial products, and an oracle service to power it. Prior to UMA, Allisonwas Head of Credit at mobile lending startup Tala, and a VP on the Goldman Sachs Interest Rate Products trading desk. She graduated from MIT.

Click here to register for the call on Zoom

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CryptoOracle

Thought leaders in all things Crypto

Lou Kerner

Written by

Partner @ CryptoOracle.io which runs CryptoMondays. Believer that Crypto is the biggest thing to happen in the history of mankind.

CryptoOracle

Thought leaders in all things Crypto

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