Unconfirmed: Insights And Analysis From The Top Minds In Crypto

Ryan Todd and Matteo Leibowitz, research analysts at The Block, discuss why Dai has fallen below $1 in price, how the community has attempted to keep it pegged to $1 and how well that's been working. They also describe what the governance system looks like, how high participation is, and whether or not that's decentralized. And since 2% of al, ETH is locked up in Maker CDPs and Dai is the fuel behind the DeFi movement, we look at what type of role and risk it plays in Ethereum and the overall DeFi system. Thank you to our sponsor! CipherTrace: http://ciphertrace.com/unconfirmed Episode links: Matteo Leibowitz: https://twitter.com/teo_leibowitz Ryan Todd: https://twitter.com/_RJTodd The Block: https://twitter.com/theblock__ March 15 governance call report: https://www.theblockcrypto.com/2019/03/15/makerdao-governance-risk-call-march-14-stability-fee-hike-post-mortem/ March 21 governance call report: https://www.theblockcrypto.com/2019/03/22/makerdao-governance-call-march-14-despite-0-75-supply-decrea