Austin Castellaw

-A high value of yearn is having people take initiative and not having gated processes. An example of this is multiple private yearn telegram groups, but the problem is information was not trickling to the wider community

To identify and reward the users who have contributed value to the platform—a form of signaling, which those users can parlay into public reputation.

-Power naturally falls into a small group of people so you have to be intentional about giving away power as there are common roles that people can fall into. 

Since the advent of Optimistic Rollups (ORUs) and Zk-Rollups (ZRUs), the paradigm has changed.Computation is run off-chain by high-end machines (the provers) while posting a fraud proof (on ORUs) or a validity proof (on ZRUs) on a settlement chain, which can prove the computation integrity, or in other words, that the computation has been executed... See more

-According to Spencer defining a DAO should be from the bottom and looking at the DAOs actions. A DAO is an organization where the decisions occur in a decentralized manner by many people in a collective.

There are a variety of different strategies that can be employed to achieve a long term, stable value for a token. ‘Locking tokens’ is one of these strategies and is commonly seen as an effective way to keep a token’s value high in the long run. Token lockup refers to a specific period of time during which the tokens cannot be transacted or traded.... See more

Hybrid — Some projects like Frax Finance use a hybrid approach to find a balance between these issues. The peg to USD is algorithmically maintained, but they also have reserves available to handle periods of extreme volatility and market demand. This strategy seems the most likely to survive long term.

With these market conditions come implicit assumptions around the future state of crypto. For builders and investors to meet expectations over the next 5-10 years, how much market cap creation will we need to see? How much institutional capital will need to enter the space to support these assets? Where might institutions allocate? How can both... See more