Restoring the Dai peg with the yVault

By Wil Barnes on

Yearn's innovative new yETH/strategy products have the potential to restore the Dai peg that's been off since the March market collapse, and I've spent some time reviewing the yETH/StrategyMKRVaultDAIDelegate contracts, so I wanted to assemble some notes I've taken over the past week below in hopes that others…

Observations on zero premine protocols

By Wil Barnes on

Zero premine protocols have shown up with force, letting loose upon the world fledgling un-audited code with no premine. Meanwhile, the devs continue building the thing while flying through metaphorical blockchain thunderstorms. Think test piloting but with software, a rapidly growing, hyperventilating user base, and a deluge of cash (lest…