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# 42 | Valkyrie: MakerDAO and Our Side of History
DAOs In 2022: Dystopian Authoritarian Oligarchies
Jun 30, 2022 • 
Luca Prosperi
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# 42 | Valkyrie: MakerDAO and Our Side of History
# 61 | EigenLayer: My Value Analysis of Economic Security
Merits, Return Profile, and Blatant Ironies of the Hottest Protocol Out There
Mar 15, 2024 • 
Luca Prosperi
18

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# 61 | EigenLayer: My Value Analysis of Economic Security
6
# 66 | A Network Model of Money
Thinking Through the Topology of the Ring That Rules Them All
Apr 23 • 
Luca Prosperi
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# 66 | A Network Model of Money
5
# 59 | Death To Stablecoins!
I Have Been Called a Stablecoin Nerd, and I Hate Stablecoins
Dec 15, 2023 • 
Luca Prosperi
20

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# 59 | Death To Stablecoins!
4
# 46 | The Great Convergence: $GHO and the Story of the Five Old Kings
Minting Currency Is Great and Everyone Wants a Piece of It
Sep 1, 2022 • 
Luca Prosperi
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# 46 | The Great Convergence: $GHO and the Story of the Five Old Kings
# 43 | First Principles of Crypto Governance
Designing Gonzo-Mathematical Governance Mechanisms for Systems of Irreducible Uncertainty
Jul 14, 2022 • 
Luca Prosperi
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# 43 | First Principles of Crypto Governance
# 53 | Banking Is Broken, Hallelujah
SVB, Circle, Counterparty Risk, and Monetary Triangles
Mar 15, 2023 • 
Luca Prosperi
15

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# 53 | Banking Is Broken, Hallelujah
7
# 57 | PayPal $PYUSD: Does It Really Matter?
NQA-ness, the Money Printing Machine, and FinTech vs. Crypto
Aug 15, 2023 • 
Luca Prosperi
19

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# 57 | PayPal $PYUSD: Does It Really Matter?
5
# 52 | Squaring (the) Circle
Circle Business, Money Transmission, and the Return of the Monetary Triangle
Feb 15, 2023 • 
Luca Prosperi
14

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# 52 | Squaring (the) Circle
# 55 | The 10-Minute Guide to Tether Reserves
Balance Sheet Quality, Money Transmission, Shadow Banking, and the Law of Hard Numbers
May 15, 2023 • 
Luca Prosperi
16

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# 55 | The 10-Minute Guide to Tether Reserves
# 40 | Pruning Memes - "Algo Stables Are Dead"
Watching a Forest Going Up in Flames and Blaming Oxygen Won't Help Us
Jun 2, 2022 • 
Luca Prosperi
26

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# 40 | Pruning Memes - "Algo Stables Are Dead"
# 45 | YODO: You Only Depeg Once
Misunderstanding Currency Pegs and a Guide to Maker Whales
Aug 18, 2022 • 
Luca Prosperi
19

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# 45 | YODO: You Only Depeg Once
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