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Podcast

MakerDAO vs. Aave | Sam MacPherson & Marc Zeller

Hashing out the DeFi drama
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Apr 5, 20241 min read

In today’s episode, we dive into the latest drama in the Ethereum DeFi lending scene. MakerDAO has sparked discussions by integrating Ethena's new Synthetic Dollar USDe, while Aave expresses caution, considering removing DAI as collateral.

We brought on Sam MacPherson from MakerDAO and Marc Zeller from Aave to provide their insights on this evolving situation. Expect a deep yet amicable discussion on the future of DeFi, focusing on collaboration over conflict. Also, tune in to better understand how these developments impact the broader DeFi ecosystem.


TIMESTAMPS

0:00 Intro

1:41 MakerDAOs Thought Process

7:46 MakerDAO & Ethena

10:03 Offboarding DAI as Collateral

16:57 Clarifying Numbers & Timing

19:35 Risks & Liquidity

28:08 Marc’s Thoughts on Ethena

31:33 Sam’s Response

34:07 Marc’s Disagreement

38:06 Summary of Marc’s/Aave’s Stance

40:44 Sam’s Response

42:48 Trust

45:46 MakerDAO Identity Crisis?

50:02 Aave’s Identity

50:56 Closing & Disclaimers


RESOURCES

Sam MacPherson

https://twitter.com/hexonaut

Marc Zeller

https://twitter.com/lemiscate

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

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