Derek

Product @Starknet Foundation |  Consulting and Advisory @Prototech_Labs |  Former Protocol Engineering at @MakerDAO

[emergence @emergence_conf]

i'm gonna tell my kids this was jihan wu and the winklevoss twins

[Anon @starknet_anon]

Great start to Korea Blockchain Week. Here’s @DerekFlossman speaking at @keplrwallet’s Infra Day!

More to come so stay tuned!

[Andy @andyyy]

Use-Cases and Applications in an Abstracted World with Derek of @Starknet foundation, Jerome of @Cometh, Yilan of @CyberConnectHQ, @bitpactum of @zkxprotocol, Ben of @mute_io, and Taylor of @etherspot

Panel live recap at @EFDevconnect Abstract Istanbul starting now! 🇹🇷👇

[Shabbir Khan 🦇🔊 @shabbiryk]

A wonderful wrap to the StarkNet Hacker House.

HoneyPot was among the top 10 projects built at the hack.

Much thanks to our mentor for @DerekFlossman for being the best one!

[Edi Sinovcic | Shard @edisinovcic]

Judging time with @DerekFlossman at @Starknet HH, let’s go!

[Brian McMichael 🙂 @brianmcmichael]

Huge congratulations to @ajnafi @summerfinance_ and the rest of the team on the launch of Ajna Protocol!

Ajna is a truly decentralized permissionless, governance-less, oracle-less, and immutable lending protocol that enables borrow markets across any tokens.

Ajna is *REAL* DeFi

[Sky @SkyEcosystem]

Macro (@0xMacroDAO) completed an audit for @MakerDAO Kiln contracts.

Derek, Facilitator of the MakerDAO Protocol Engineering Core Unit, said: “Macro had great questions, discussion, and a comprehensive report with great findings. We really like Macro’s approach to audits.”

[Derek @DerekFlossman]

6/ In either case we need to be aware of the Faustian bargain at play, one in which resilience, decentralisation and censorship resistant technology come at risk of being compromised by the pursuit of profit.

[Derek @DerekFlossman]

MakerDAO needs to decide whether its purpose is to run a decentralised & de-risked credit facility or an investment vehicle to maximise profit…

[Derek @DerekFlossman]

5/ Individual capture - power corrupts governance structures that are given the ability to wield centralised control and impose agendas on others. DAOs should seek immutability over implementing trust-based structures - humans are notoriously bad at relinquishing power.

[Derek @DerekFlossman]

DAOs as complex systems must be resilient to human imperfection. We need to automate as much as possible because it will always be human nature to change nature’s state.

[Derek @DerekFlossman]

Excessive regulation limits variation, variation limits information, limited information leads to fragile systems and volatility. gm vega!

[Brian McMichael 🙂 @brianmcmichael]

April 2022 update from @MakerDAO Protocol Engineering Core Unit is up.

Recap 🧵

[Derek @DerekFlossman]

Spreading the DAO love with Aave, BitDAO, MakerDAO, ValerianCapital, RealVision and Cayman Enterprise City - A full house discussing DAOs and the opportunities they present for value creation.
@kroseranger @RaoulGMI @JozefVogel @CEC_Cayman

[Derek @DerekFlossman]

1/ Direct Deposit Module aka D3M injects DAI liquidity directly into Aave and uses aDAI as collateral for the MakerDAO D3M vault, already maxed out at 50M 😉

Published audit: https://t.co/V9mO5Nc5W7

[Sam MacPherson @hexonaut]

An interesting story occurred over the past few weeks. It starts with a mistake we see far too often in DeFi - a user has accidentally sent some ETH to the wrong address. The end result is a heart-warming story full of ingenuity.

🧵👇