Austin Castellaw

In Coordinape's current app distributing funds is a manual process, with Gnosis Safe and Disperse App being popular ways to use our CSVs for distribution. Soon, we will integrate our first contract element with Coordinape: the ApeVaults.ApeVaults are Ethereum mainnet vault contracts that can be minted by a DAO to hold currency or native tokens in... See more

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

I get paid in a lot of different ways which is the fun part of this. So, there are a few different ways. One of them is in tokens that are effectively like governance tokens from a DAO. So, for Index for example, I’m paid in Index tokens. I personally hold those tokens. Some people who are paid in those tokens sell them right away, it depends on if... See more

Coordinape offers a novel model for determining compensation in a way that can be more fair and reflective of actual contributions: since peers vote, there’s not as much emphasis on appeasing a single person, and power is more distributed throughout the organization.

-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

Algorithmic — The value and supply of algorithmic stablecoins are controlled by code. If the demand for the coin starts to increase rapidly, the protocol automatically creates more coins to bring the price down. If the value drops too low, some of the supply is burned to bring the price back up.

1. How the community can participate towards meaningful objectives for the network (give tokens for work to be done)

-Tracheo says at yearn finance people were really open to the unknown and wasn't concerned about creating a corporate structure. The competitive advantage is the collective wisdom of the group emerged when there was a permissionless structure.