Building the Factory for DeFi
Episode Summary
In this episode, we're given a tour of the Factory for DeFi with Charles St. Louis, CEO at DELV. Charles walks us through the DELV rebrand, how he thinks governance should be architected, the possibilities with permissionless collateral onboarding, and much more. Also in our conversation, the former governance architect at MakerDAO highlights the tough lessons learned at the leading stablecoin protocol.
Time Stamps
0:00 Intro
1:16 What is DELV?
2:12 Why Rebrand?
3:10 DELV's 2023
5:37 What DELV is Focused on
6:27 DELV Core Product Suite
17:45 How Should Governance Be Architected
21:31 Project-based vs Role-based Governance Contributions
23:58 The Bootstrap Phase in DAOs
27:18 How Element DAO Approaches Governance
32:15 Static vs Upgradeable DeFi Protocols
37:05 Permissionless Collateral Onboarding
41:48 Mitigating Protocol Attack Vectors
44:00 AMM vs Lending vs Yield-based Protocol Governance
45:46 DAO Constitutions as the Unified Vision
49:31 Tradeoffs for Actually Decentralizing
51:19 The Hard Lessons from MakerDAO Governance
55:12 Charles' Fondest MakerDAO & Element Protocol Memories
58:17 Final Thoughts/Outro