1/21
β¬οΈ We all know that crypto is at its best: BTC and ETH at ATH, TVL on DeFi breaking records...
π But, have you wondered what crypto could do for worldwide problems?
π± Here is the first thread about "The case for Clean Money", a piece by @RuneKek for the community.
β¬οΈ We all know that crypto is at its best: BTC and ETH at ATH, TVL on DeFi breaking records...
π But, have you wondered what crypto could do for worldwide problems?
π± Here is the first thread about "The case for Clean Money", a piece by @RuneKek for the community.
2/21
π To begin with, @MakerDAO has always had as its main purpose "to serving the underserved".
π² We made this possible through access to a stable, decentralized currency that is free from governments that neglect their own currencies.
πͺ But yes, there is more we can do.
π To begin with, @MakerDAO has always had as its main purpose "to serving the underserved".
π² We made this possible through access to a stable, decentralized currency that is free from governments that neglect their own currencies.
πͺ But yes, there is more we can do.
3/21
π¬ It's because there are more problems that an open and decentralized monetary network can solve.
πͺοΈ One of them, one of the most worrying, is climate change.
ποΈ We all know that since we are living here, ecosystems, lands, resources and climate are not at their best.
π¬ It's because there are more problems that an open and decentralized monetary network can solve.
πͺοΈ One of them, one of the most worrying, is climate change.
ποΈ We all know that since we are living here, ecosystems, lands, resources and climate are not at their best.
4/21
π World is changing.
π§ World is melting.
π₯ World is on fire.
π’ World is watching ecosystems disappear.
π€ World is getting sick. The world where we live.
π World is changing.
π§ World is melting.
π₯ World is on fire.
π’ World is watching ecosystems disappear.
π€ World is getting sick. The world where we live.
5/21
π§ Maker, as a purpose-driven DAO, must be thinking out of the box to be part of the cure.
π€ The first question here is: What can we do?
π° What we are doing now is a good start: Maker is a provider of monetary liquidity through overcollateralized debt.
π§ Maker, as a purpose-driven DAO, must be thinking out of the box to be part of the cure.
π€ The first question here is: What can we do?
π° What we are doing now is a good start: Maker is a provider of monetary liquidity through overcollateralized debt.
6/21
βοΈ And we are good at what we do.
π The Maker Protocol now, beyond working in crypto, is a liquidity provider for entities rooted in the traditional financial system.
βοΈ And we are good at what we do.
π The Maker Protocol now, beyond working in crypto, is a liquidity provider for entities rooted in the traditional financial system.
7/21
π‘ A proof of it is the first overcollateralized debt that issues Dai through real world assets (RWA), such as real estate ones, as a guarantee.
β‘οΈ forum.makerdao.com/t/real-world-fβ¦
π‘ A proof of it is the first overcollateralized debt that issues Dai through real world assets (RWA), such as real estate ones, as a guarantee.
β‘οΈ forum.makerdao.com/t/real-world-fβ¦
8/21
π΅ In short, Maker is tokenizing the traditional financial instruments and putting it into work for creating a decentralized stable currency as an instant liquidity source.
π΅ In short, Maker is tokenizing the traditional financial instruments and putting it into work for creating a decentralized stable currency as an instant liquidity source.
9/21
π¦ Another great example is the vault that one of the biggest european banks, @SocieteGenerale, has proposed to open with tokenized bonds.
β‘οΈ forum.makerdao.com/t/security-tokβ¦
π¦ Another great example is the vault that one of the biggest european banks, @SocieteGenerale, has proposed to open with tokenized bonds.
β‘οΈ forum.makerdao.com/t/security-tokβ¦
10/21
π€ So, the question is: If there are real world assets that @MakerDAO can bring into crypto for generating liquidity through Dai, how can we use that value proposition to fund the world's cure?
π It can't be too complicated at all.
π€ So, the question is: If there are real world assets that @MakerDAO can bring into crypto for generating liquidity through Dai, how can we use that value proposition to fund the world's cure?
π It can't be too complicated at all.
11/21
π Imagine there's a company that is installing clean energy sources in emerging countries at an affordable cost for families living in the area who have never had access to electricity.
π Imagine there's a company that is installing clean energy sources in emerging countries at an affordable cost for families living in the area who have never had access to electricity.
12/21
π° What if Maker can provide liquidity to fund a project like this through a senior credit position that an investor can guarantee by tokenized assets of the project's company?
π° What if Maker can provide liquidity to fund a project like this through a senior credit position that an investor can guarantee by tokenized assets of the project's company?
13/21
β‘οΈ What if @MakerDAO decides to ensure that its collateral from RWA is always coming from projects that removes its carbon footprint or that produce renewable energy?
β‘οΈ What if @MakerDAO decides to ensure that its collateral from RWA is always coming from projects that removes its carbon footprint or that produce renewable energy?
14/21
π€ @MakerDAO and the blockchain can always assure that their collareal are following these purposes, and then, Dai will become a decentralized, stable and clean currency.
π€ @MakerDAO and the blockchain can always assure that their collareal are following these purposes, and then, Dai will become a decentralized, stable and clean currency.
15/21
π But it's not just about "fixing the problem that is in the public eye". It's about sustainability too.
π The problem that we would tackle could have unintended consequences for the global economy.
π But it's not just about "fixing the problem that is in the public eye". It's about sustainability too.
π The problem that we would tackle could have unintended consequences for the global economy.
16/21
β»οΈ If the world as we know it could do a 180-degree turn, the financial system is also supposed to
If we assure that our entire system is backed by sustainable and climate-aligned collateral, we would be becoming a resilient financial system in the face of possible crises
β»οΈ If the world as we know it could do a 180-degree turn, the financial system is also supposed to
If we assure that our entire system is backed by sustainable and climate-aligned collateral, we would be becoming a resilient financial system in the face of possible crises
17/21
β»οΈππ° Maker can be part of the solution and can be prepared for the futurist-sustained finance.
β»οΈππ° Maker can be part of the solution and can be prepared for the futurist-sustained finance.
18/21
π Dai could become the clean money for the world as a stable, decentralized and sustainable currency
Clean as they are funding the planet's cure
Clean as they are created through climate stability collateral
Clean as they are fully working by a decentralized governance
π Dai could become the clean money for the world as a stable, decentralized and sustainable currency
Clean as they are funding the planet's cure
Clean as they are created through climate stability collateral
Clean as they are fully working by a decentralized governance
19/21
βοΈ With a brighter future for a sustainable and climate focused economy, the Clean Dai would drive big benefits for $MKR holders, who would also execute this sustainable purpose by voting on the best projects with better risk, benefit and planet-oriented metrics.
βοΈ With a brighter future for a sustainable and climate focused economy, the Clean Dai would drive big benefits for $MKR holders, who would also execute this sustainable purpose by voting on the best projects with better risk, benefit and planet-oriented metrics.
20/21
π Remember that, as humanity, we have to reduce our CO2 emissions according to the graph below to prevent consequences that would be impossible to mitigate.
β‘οΈ Remember that, Dai can fund and be part of that graph.
π Remember that, as humanity, we have to reduce our CO2 emissions according to the graph below to prevent consequences that would be impossible to mitigate.
β‘οΈ Remember that, Dai can fund and be part of that graph.
1β£ This is the first thread that follows the "clean money" series.
β Stay tuned for more threads about the source article of @runekek
π You can read the entire article here:
forum.makerdao.com/t/the-case-forβ¦
β Stay tuned for more threads about the source article of @runekek
π You can read the entire article here:
forum.makerdao.com/t/the-case-forβ¦
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