MKR

product on 1 show · 3 statements across 2 episodes · said 1 times in 1 episodes since 2019

the a16z Podcast 1

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the a16z Podcast 1

2019 1 mention in 1 episode

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3 statements about MKR, every show

a16z Prediction Not checkable as stated
Milenius: Effective governance will make MKR increasingly scarce over time
“If the MKR holders do a good job, then we can expect MKR to become more scarce over time.”
Andy Milenius Jan 2, 2019 ▶ 27:42 a16z Podcast | All About Stablecoins
a16z Assertion Supported
Milenius: Maker mints MKR to cover bad debt during collateral crashes
“In the case where one of the collaterals that they accept to be issued against, if they ever make a mistake, and that collateral loses all of its value overnight, then all of the die that was issued against it needs value to be backing it. And so what happens …”
Andy Milenius Jan 2, 2019 ▶ 27:01 a16z Podcast | All About Stablecoins
a16z Disclosure
Carlson-Wee: Polychain bought Maker tokens via Ethereum because Maker lacked bank accounts
“When we wanted to do a deal with Maker and purchase some of these tokens, there was no legal entity. Behind them. It's a pure open source project, and there was no bank account they had, so there was no way we could send them money. So we actually had to send …”
Olaf Carlson-Wee Jan 2, 2019 ▶ 24:08 a16z Podcast | Cryptocurrencies, App Coins, and Investing in Protocols

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