Disclosure: I build Pharos (stablecoin analytics) and co-founded Polaris, which I now advise. Both get covered here.

Projects

Leaving the GHO Liquidity Committee: DeFi Newspeak

Why I resigned from the GHO Liquidity Committee: liquidity mismanagement, conflicts of interest and the gap between DeFi governance talk and reality.

Projects

The DeFi Collective: Supporting Unstoppable DeFi

The 2023 launch of the DeFi Collective: a nonprofit using liquidity management, governance and education to support resilient DeFi public goods.

Stablecoin

The Marauder's Map of Decentralized Stablecoins

A map of stablecoin mechanisms including AMOs, PSMs, DSR, pegKeepers, and how to judge their relevance and risks.

DEX

Maverick AMM: Liquidity Shaping Explained

A 2023 study of Maverick's liquidity shaping, rebalancing and incentives. Check current docs before deploying liquidity.

DEX

Solidly vs Velodrome: A ve(3,3) DEX Review

Solidly and Velodrome's ve(3,3) model: locks, fees, bribes and incentives. A 2023 review of V1 and the V2 plans announced at the time.

Projects DEX

Announcement: TokenBrice 🤝 Maverick

I am supporting the Maverick team as an advisor, helping with the growth strategy, tokenomics, and BD.

Projects

Junior DeFi Strategist: Closed 2023 Vacancy

Archived 2023 vacancy, now closed: a part-time DeFi strategist role focused on liquidity management, governance and immutable protocols.

DEX

Balancer Wars: veBAL, Aura and Liquidity Incentives

How veBAL, Aura and bribe markets direct Balancer liquidity. A 2022 analysis of the incentive model, with context on the later V2 exploit.

Stablecoin Yield

LUSD Chicken Bonds: Liquity's Bonding Model

How LUSD Chicken Bonds turn bonding into bLUSD yield and protocol liquidity. A 2022 mechanism study; check current status before depositing.

Stablecoin

Aave's GHO: Can a Native Stablecoin Challenge DAI?

A pre-launch 2022 thesis on Aave's GHO: borrowing costs, DAO revenue, collateral trade-offs and the liquidity needed to challenge DAI.