Exploring un(der)collateralized lending in DeFi

09 May 2022

Lending markets are a core financial primitive with one of the highest adoption rates across DeFi today. The top 3 lending protocols, Aave, Compound, and MakerDAO currently have around $10B in outstanding loans. While loan volume is one lens through which to look at these lending protocols, another is to...

Morpho

22 Oct 2021

Lending markets were one of the first decentralized finance (DeFi) primitives to show product-market fit and have consistently ranked amongst the applications with the most traction. A quick glance at total value locked (TVL) across DeFi protocols today reveals that 4 of the top 5 are lending protocols, holding over...

DAOs - scaling capital coordination

05 Sep 2021

One of the most impactful innovations of the 19th century was the creation of the Limited Liability Company (LLC). The LLC is a business structure which defines that investors can only lose as much money as they have committed. Prior to the establishment of the LLC, businesses had unlimited liability,...

User Owned Platforms

16 Feb 2021

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb Ben Thompson wrote an interesting post recently on the topic of Substack, highlighting its opportunity and challenges. I highly recommend that you read it. Beyond being a good take on Substack, it makes the case,...

Hiring the first developer advocate

04 Dec 2020

Hiring a developer advocate is a challenge every developer-first company faces. With the rise of developer-first companies, developer advocates are increasingly in high demand. Yet, there still remains a lot of variance in the practices of hiring and building developer relations teams across companies. Community management is one of the...