vault backup: 2022-11-14 13:42:56

content/notes/DeFi.md

@@ -0,0 +1,16 @@
+---
+title: "DeFi"
+aliases: 
+tags: 
+
+---
+
+Decentralised finance - an umbrella term for financial services on public blockchains
+
+expands of the basic premise of bitcoin and creates an entire alternative to wall street
+
+users engage with DeFi via [dApps](notes/dApps.md)
+
+further reading
+- https://www.coinbase.com/learn/crypto-basics/what-is-defi
+- 

content/notes/blockchain-bursary.md

@@ -13,11 +13,13 @@ tags:
 - [412-lectures](notes/412-lectures.md)
 - [governance](notes/governance.md)
 - [decentralized-autonomous-organization](notes/decentralized-autonomous-organization.md)
-
+- [DeFi](notes/DeFi.md)
+- [dApps](notes/dApps.md)
 
 # Reading
 - https://en.wikipedia.org/wiki/Cyberocracy
 - https://en.wikipedia.org/wiki/Government_by_algorithm
+- https://coopahtroopa.mirror.xyz/_EDyn4cs9tDoOxNGZLfKL7JjLo5rGkkEfRa_a-6VEWw
 
 # Log
 - 14/11

content/notes/dApps.md

@@ -0,0 +1,10 @@
+---
+title: "dApps"
+aliases: 
+tags: 
+
+---
+
+decentralized apps. 
+
+mostly run on the ethereum blockchain

content/notes/decentralized-autonomous-organization.md

@@ -5,9 +5,25 @@ tags:
 
 ---
 
-In general terms, DAOs are member-owned communities without centralized leadership.
+In general terms, DAOs are member-owned communities without centralized leadership. A commitment to share value with a community.
+
+they seek to 
+- provide members with a voice through governance
+- flatten hirarchy and create fluid workstreams
+- allocate reources to achieve a core mission
+
+
+A Telegram group with 10 members and 1 ETH is a DAO.
+
+A DeFi protocol with $1B+ of assets governed on-chain by 10,000+ token holders is a DAO.
 
 E.g., [The DAO](https://en.wikipedia.org/wiki/The_DAO_(organization))
 
+# Social DAOs
+
+
 # My opinions
-sounds like extreme democracy basically
+sounds like extreme democracy basically
+
+# Sources
+- https://coopahtroopa.mirror.xyz/_EDyn4cs9tDoOxNGZLfKL7JjLo5rGkkEfRa_a-6VEWw