Followers
19 581
Jake Pahor
@jake_pahor
Over the past year, I've released over 30 in-depth dives into high-caliber DeFi projects. If you need to catch up, don't worry—I've got you covered. You can access all of them for free on X or simply subscribe to my email newsletter. Link in my profile bio. https://t.co/A5kuDuyzbm
07:00 - November 22, 2023
Jake Pahor
@jake_pahor
The total score may be misleading because it overlooks a crucial factor. Upside potential. $KUJI m'cap = $400m $LINK m'cap = $7.9b (already 20x larger) So if you wanted a potential 10x, then Kujira is mathematically more likely. On the flipside, it also carries more risk.
07:00 - November 22, 2023
Jake Pahor
@jake_pahor
Deep dive scores reveal an interesting trend: established giants outscore smaller, riskier projects. Examples: • Chainlink = 8.78 • Kujira = 7.78 But remember, the highest score doesn't always guarantee the best investment. Let me explain. https://t.co/G6UZko88wi
07:00 - November 22, 2023
Jake Pahor
@jake_pahor
Overall, I am quite bullish on MakerDAO and the DAI ecosystem. There are a number of upcoming bullish catalysts: • Launch of Sub DAOs • Spark Protocol • RWA narrative • 5% APY on DSR • 11% APY on Gnosis Agave • Token split • Rebranding Overall weighted score = 8.85 https://t.co/rj19CsURnS
07:00 - November 21, 2023
Jake Pahor
@jake_pahor
The Maker protocol has been audited by several reputable firms including: • Trail of Bits (Security review of smart contracts) • PeckShield (Traditional audit) • Runtime Verification (Model used to verify the logic of system) https://t.co/jeo2GkmQSB
07:00 - November 21, 2023
Jake Pahor
@jake_pahor
MakerDAO has established itself as the the clear market leader in the Collateralized Debt Position (CDP) category. It now faces competition from protocols like Liquity and Lybra Finance. Other established DeFi players (Curve & AAVE) have also recently launched stablecoins. https://t.co/PmALrdoa8j
07:00 - November 21, 2023
Jake Pahor
@jake_pahor
Over multiple secondary token sales, Maker has raised around $54.5m. • $12M on 16 Dec 2017, funded by Andreessen Horowitz and Polychain Capital • $15M on 23 April 2019, funded by a16z Crypto • $27.5M inn April 2019, funded by Paradigm & Dragonfly Capital
07:00 - November 21, 2023
Jake Pahor
@jake_pahor
In 2014, MakerDAO was launched on the Ethereum blockchain and has since become one of the largest decentralized finance (DeFi) applications. The protocol was co-founded by Rune Christensen (@RuneKek) and Nikolai Mushegian. $DAI is now one of the most widely used stablecoins. https://t.co/Ase7L24rNH
07:00 - November 21, 2023
Jake Pahor
@jake_pahor
Anyone can submit a proposal for a vote, but only $MKR holders have the power to vote on changes to the Maker Protocol. The process consists of two stages: 1. Proposal polling 2. Executive Voting Ensuring careful consideration before being subjected to a final vote. https://t.co/s6VA05UzRY
07:00 - November 21, 2023
Jake Pahor
@jake_pahor
The @MakerDAO Treasury consists of: • $62.55m in stablecoins • $0.98m in BTC/ETH • $131.77m in their own token (MKR) In total, the treasury holds a healthy $194.77m (including their own token). Placing them in 14th position according to DefiLlama. https://t.co/AaLj1uUcPN
07:00 - November 21, 2023