Almost 50 flavors of crypto finance
We explore a nomenclature of crypto-finance projects from crypto-currencies to flavors of DeFi then CeFi.
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Money
Stablecoins and currency boards
This article dig into currency boards and what we could apply to stablecoins. This will also lead to an improved value proposition for MakerDAO and its stablecoin DAI.
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Stablecoins: currency or credit?
We will analyze the difference between money-like credit and a currency. Then we will try to understand how such a dichotomy related to the stablecoin construct, in particular DAI, the MakerDAO stablecoin.
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How money work
This article presents a simple and short case on why it is commercial banks and not the Fed that creates
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How to fix the par value of stablecoins
In the real world, a one-dollar bill has the same value as $1 at your Citigroup account or $1 at
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Stablecoin design — Liquidity
Very early draft paper (not sure it will be finished) Crypto-banking 101 In my Crypto banking 101 paper, I’ve described the
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