sari

the problem was: there isn’t an easy way for a relatively savvy investor to get the type of market-beating risk-adjusted returns that hedge funds and their clients have access to.

For the last decade the web has served up bite-sized information like cheap fast food. But the new web just might give us that nutritious gourmet meal we’ve been waiting for. And why not? For my part, I find the whole notion rather appetizing.

By offering a reward, a principal signals to the agent that the task is undesirable.

Writing a document is easy. But sharing a document to get thoughts from my team has been hard. I’ve sent out the link over Slack, asked for feedback by a certain date, tried to monitor who’s opened it, pinged people to read it again, and maybe ended up with a handful of inline comments that don’t give me meaningful feedback.

Contributors should have flexibility in how they are compensated by the DAO

For the largest banks, interchange was the primary way they monetized consumers who lived paycheck to paycheck. If you live paycheck to paycheck, you have high volatility in your income and expenses and you generally don’t keep a balance in your bank account, so the bank relies on interchange fees to profitably service you.