Kerman Kohli

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Things I'm reading

Some light holiday reading

Kerman Kohli
Dec 23, 2021
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Things I'm reading
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  1. First up on the list, we have Aave governance voting. This is about using a software license that prevents people from using the Aave codebase until a few months after the software is launched. What sparked my thoughts here was that we’ll continue to see projects start to have conflicting motivations between crypto ideology and economic incentives. What was interesting about this vote was the fact that defimaximalist.eth (Defiance Capital) tipped the vote over to yes. Kind of ironic for the name huh.

Twitter avatar for @0xSisyphusSisyphus @0xSisyphus
web3 taking cues from web2 expect more conflicts between the economically and ideologically motivated

The Defiant @DefiantNews

🗳️The votes are in! @AaveAave token holders have voted in favour of a Business License for the lending protocol's upcoming V3 release. Under a Business License, the V3 code would be remain restricted for a predetermined period before becoming free, similar to @Uniswap. https://t.co/Pk74Ea00Lf

December 13th 2021

42 Likes
  1. Things are heating up in the DAO service provider space. We had Open Zeppelin request a few million a year to provide Compound with continuous auditing services and what followed were many counter-proposals. We’re finally seeing the end stages go through governance. Why this matters: service providers going and making public proposals is a new level of transparency we’re seeing, but also a different sales process altogether. Feels like the new enterprise sales process.

Twitter avatar for @_jamicoJeff Amico @_jamico
Compound’s Audit RFP is a major milestone, both for the protocol and for the broader DAO ecosystem. Here's a quick overview on how it worked, why it matters, and how it can serve as a blueprint for other DAOs looking to hire service providers going forward.👇

Compound Labs @compoundfinance

Proposals 075, 076, & 077 are competing #B2DAO proposals submitted by @chain_security, @OpenZeppelin, and @trailofbits to provide audit & security services to the Compound protocol. Voting begins in 2 days. Discussion: https://t.co/ai0Krlk2uQ https://t.co/MUaLxqnbRH

December 15th 2021

7 Retweets43 Likes
  1. Jeffery Morris Jr is a pretty well-known Web2 social investor. Seeing him raise a new fund focused on Web3 is a leading sign of what’s to come when you have a boatload of Silicon Valley VC money flood the space. This fund is one of many that will obliterate the space soon in my view. It’s things like this that make me think multi-year bear markets are less plausible.

Twitter avatar for @menemazarakismenelaos.eth @menemazarakis
🌟 Launching Page Two: $50m fund dedicated to bringing Web3 to the masses through product & design excellence 🌟 Could not be more excited to share what we've been building the past 6 months @chapterone and how we plan to double down on product & design
mirror.xyz/chapterone.eth…Announcing our $50 million fund to elevate product & design acro… — MirrorFoundational technologies like the computer and the Internet have fundamentally shaped the way we live, work, interact, transact, and communicate. The list goes on.mirror.xyz

December 14th 2021

11 Retweets193 Likes
  1. Jacob Shiach from Union Finance wrote about some interesting properties of how uniqueness in crypto addresses can be used for risk mitigation and management. There’s going to be a clear $ value associated with Web3 identities and we’re only accelerating in that direction.

Twitter avatar for @dberenzonDmitriy Berenzon @dberenzon
On-chain data that identifies the uniqueness of an individual (address) is a form of "soft collateral" which enables undercollateralized DeFi. Insightful piece by @JacobShiach at @unionprotocol:
Soft CollateralLong gone are the days of the friendly town banker who knows you, deciding if you’re worth underwriting based on their personal experience with who you are (or perceived you to be). Instead, whether…medium.com

October 7th 2021

2 Retweets13 Likes
  1. Dune is raising a round at a potential billion-dollar valuation while Nansen raised at a $750m valuation. What struck me as interesting is that Dune is spinning a newsletter sub at $450/month which is half the price of Nansen’s $1000 pro/month. The most probable path here is that the two giants will compete with each other and drive the price of analytics down throughout the industry. When you have a shared data layer what is the true defensibility?

Twitter avatar for @tier10kdb @tier10k
Dune Analytics is raising funds at a $1 billion valuation: The Block
Dune Analytics is raising funds at a $1 billion valuation: sourcesDune Analytics, the Norwegian crypto analytics startup, is raising a fresh round of financing at a strikingly high valuation of $1 billion.ift.tt

December 16th 2021

5 Retweets66 Likes
  1. Shopify is entering the NFT space with its own NFT marketplace! Talking about Silicon Valley entering the space, this is just the start. We also have Coinbase entering this race soon as well! Web3 is here to stay and the building is happening as we speak.

Twitter avatar for @tobitobi.eth @tobi
Use Shopify for your NFT drops
Sell NFTs on Shopify | Join the NFT Beta ProgramMint, list, and sell your own branded NFTs with Shopify and Shopify Payments—right from your store.shopify.com

December 16th 2021

1,041 Retweets5,655 Likes

Anyways, that’s it for now. Have a great holidays :)

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