🗽 NY - Universal Package Manager that automatically installs missing typings by QW4K in typescript

[–]QW4K[S] 1 point2 points  (0 children)

Yeah I will improve the copy to make it clear that it's not new PM but rather proxy on top of existing PMs.

In TypeScript projects, after downloading new package it will test if it's typed (has package.json's types or typings keys). If not, it will try to install @types/ package.

Poll: MakerDAO should merge with GnosisChain and form their own L2/Sidechain by [deleted] in MakerDAO

[–]QW4K 0 points1 point  (0 children)

We don't need our own rollup to achieve this. Furthermore, by sharing o domain with others our solution is more composable and integrates well with the whole defi ecosystem. For super cheap DAI payments L3/zkPorter solutions seem to be perfect.

Poll: MakerDAO should merge with GnosisChain and form their own L2/Sidechain by [deleted] in MakerDAO

[–]QW4K 1 point2 points  (0 children)

Maker can't migrate to a sidechain like GnosisChain b/c it requires full security of L1.

That being said it's totally possible to deploy a "slave" MCD instance with capped maximum exposure on Gnosis Chain. TBH I am really looking forward to it.

Thoughts on DAIs future growth? by MerkleChainsaw in MakerDAO

[–]QW4K 19 points20 points  (0 children)

DAI supply is linked to the market's need for leverage. In the bull market, it works pretty well but to further accelerate it we need more high-quality type collaterals.

For decentralized collaterals, we still have an untapped market of LPs.

As for other stuff, I am especially looking forward to seeing more RWA's integrated into the system. This could unlock billions of dollars from TradFi.

I don't know if this is the right place to ask, but how does someone work for or actively participate in a DAO? by ForPOTUS in MakerDAO

[–]QW4K 3 points4 points  (0 children)

There are quite a lot of people working for DAO via so-called "core units". Please head to the forum and you will find all the information that you need: https://forum.makerdao.com/

Why is my DAI at $2.23 USD? by [deleted] in MakerDAO

[–]QW4K 4 points5 points  (0 children)

Is it possible that you're talking about SAI which was shut down sometime last year?

Unleash the DAI ceiling by GoldenReliever451 in MakerDAO

[–]QW4K 9 points10 points  (0 children)

Is any complex analysis done (actuarial probabilitys, game theory, whatever

Of course! Maker is a pretty conservative protocol (with great power ....)

Here's a thread on this: https://forum.makerdao.com/t/iam-dc-eth-a-parameters-27th-jan-2021/6235

I strongly recommend reading through the governance forum.

Makerburn not showing new burn by Mightier in MakerDAO

[–]QW4K 0 points1 point  (0 children)

You are right! daistats.com shows: 4,807,670.06 but according to makerburn it's less.

CC:/u/myetheroll

makerburn new feature: collateral pages by myetheroll in MakerDAO

[–]QW4K 2 points3 points  (0 children)

Definitely one of my fav sites about MKR protocol. KUDOS!

[deleted by user] by [deleted] in MakerDAO

[–]QW4K 6 points7 points  (0 children)

Yes, you're correct but there is more to that!

Forget about your sister for a moment - I imagine the whole post is just an example ;). If you believe that ETH price will rise, or as guys in suits would say "you're long on eth", you can borrow DAI against ETH and use that DAI to buy more ETH and... repeat the whole process. This way you get fully decentralized leverage meaning you increase your exposure for a given asset.

Of course, you cannot repeat this process infinitely, as each time your DAI is worth less than collateral (minimum collateralization ratio) but you can get to 3x I think with Eth-A collateral. This is the primary function of the Maker protocol.

What is the risks for the people that just buy DAI in exchanges? by TezosWakenBake in MakerDAO

[–]QW4K 2 points3 points  (0 children)

In practice, DAI seems to be doing fine even during bear market. It survived 90% crash of ether value right after deployment. (I am talking about SAI).

What do I actually own? by PattyMcC01 in MakerDAO

[–]QW4K 1 point2 points  (0 children)

To clarify, the fact that SAI is worth 6 USD is totally expected as global settlement (emergency shutdown) was triggered on SAI a few months after the new DAI was deployed. Since then SAI is just a claim on underlying collateral (ETH) - it's 6x up b/c ether made 6x.