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How MakerDAO Works: A Video Explainer
An illustrated guide to the decentralized finance (DeFi) lending platform MakerDAO and its tokens, MKR and DAI.
Updated Sep 13, 2021, 9:15 a.m. Published May 30, 2019, 4:00 a.m.
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An illustrated guide to the decentralized finance (DeFi) lending platform MakerDAO and its tokens, MKR and DAI. Got questions about fluctuating interest rates and collateralization? We've got you covered.
Here's how Maker works:
Read more: What Is Yield Farming? The Rocket Fuel of DeFi, Explained
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Pudgy Penguins: Challenging the Pokemon and Disney Legacy in the Global IP Race
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CoinDesk Research looks into how Pudgy Penguins disrupts traditional toys market via a phygital model. With 2M+ units sold, they scale via global partnerships and events.
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- Disrupting a Stagnant Market: Pudgy Penguins is utilizing a "Negative CAC" model to challenge the traditional $31.7B licensed toy industry by treating physical merchandise as a profitable user acquisition tool rather than just a final product.
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Ethereum Foundation wants the network to be the trust layer for AI
Davide Crapis, the foundation's AI lead, sees the network acting as a coordination and verification layer in an increasingly AI-mediated world.
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- As artificial intelligence reshapes everything from finance to cybersecurity, the Ethereum Foundation (EF) is carving out a strategy for how the world’s second-largest blockchain fits into that future.
- Instead of trying to fuse blockchains and AI at the level of raw computation, the EF sees the network playing a different role: acting as a coordination and verification layer in an increasingly AI-mediated world.
- Davide Crapis, the AI lead at the EF, argues that the motivation is as philosophical as it is technical.
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