Sébastien Derivaux·Feb 17, 2023Almost 50 flavors of crypto financeWhere suggest here a nomenclature of crypto-finance project to understand what decentralization mean.A response icon1A response icon1
Sébastien Derivaux·Sep 25, 2022Stablecoins: currency or credit?In this article, we will analyze the difference between money-like credit and a currency. Then we will try to understand how such a…A response icon2A response icon2
Sébastien Derivaux·Sep 8, 2022How the crypto-banking system could reduce systemic riskThis article shows that liquidity pools, a basic construct of DeFi could create a more robust financial system by improving assets…
Sébastien Derivaux·Jul 6, 2022The Crypto Banking SystemThis article dives into the foundations that are needed to build a financial system on top of decentralized finance (DeFi). While there is…
Sébastien Derivaux·Jun 19, 2022Crypto-banking differences with traditional and shadow bankingAnd do we need fractional or full-reserve banking in crypto?A response icon1A response icon1
Sébastien Derivaux·May 19, 2022Capital structures for DAOs in DeFiStructuring the liability side of balance sheets
Sébastien Derivaux·Feb 28, 2022How money worksThis article presents a simple and short case on why it is commercial banks and not the Fed that creates money and why it matters for…
Sébastien Derivaux·Feb 14, 2022Introducing ClearingDAO: a decentralized clearinghouse for stablecoinsThis article makes the case of the importance of DeFi stablecoin fungibility and provides initial thoughts
Sébastien Derivaux·Dec 20, 2021The history of a DAI at par valueStory of the DAI peg since December 2019. What can we learn from it? How did MakerDAO achieve price parity with $?
