A breakdown of Empty Set Dollar, a stable coin focused on servicing the DeFi market.
This breakdown isn't from a giggabrain crypto expert. The goal is to follow along as a "regular guy" (college professor) figures out what Empty Set Dollar is and how it works. I'll be explaining basic concepts and working my way through to the depths of ESD. This podcast is not to be taken as investment or financial advice. It's educational. I am not a financial planner.
This episode covers how ESD started and how it changes.
History of ESD, reasoning of anonymous developer team, and the STABLE Act. (00:50 - 2:50)
How governance changes happen. (3:00 - 4:45)
Example of governance changes in the past - namely EIP 8 (4:50 - 6:00)
Deep dive into EIP 10 - The Creation of a Treasury (7:15 -
Quiz (14:10)
3 Dec 2020
Episode 2 - Expansions and Contractions
This episode covers how ESD works its way back to a dollar.
In this episode I cover: Expansion cycles (1:00 - 2:34). What bonding is and how to bond/unbond (2:40 - 8:00). Debt cycles, what coupons are, where to execute coupons, risks (8:45 - 16:00) Test of your knowledge (16:00 - end.)
***Warning, this podcast is meant to be educational and should not be taken as financial or investment advice. I am not a financial advisor, I'm just a guy.
1 Dec 2020
Episode 1 - Background
An unsanctioned podcast that seeks to explain Empty Set Dollar.
Join me as I seek to understand the depths of this new experiment in stable coins. The goal of this pod is to explain ESD in a way that is understandable for "normies." In this episode I cover some background on myself/the show (0 - 1:58), blockchain (2:31-4:45), cryptocurrency (4:50 - 5:28), stable coins (5:40 - 6:37), and (finally) a quick primer on the function of ESD (6:37 - end.)
***I am not a financial planner or adviser and the contents of this podcast should NOT be taken as financial advice. I'm a college professor that is seeking to explain what this new project is and how it works.
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