Interview
MakerDAO SES – Removing barriers between decentralized workforce, capital, and work | Fundamentals ep.50
In this episode of the Fundamentals podcast, we're joined by Wouter Kampmann, Co-Founder at MakerDAO Sustainable Ecosystem Scaling (SES) – a Core Unit that focuses on sustainably growing the Maker Protocol’s moats by removing barriers between decentralized workforce, capital, and work – to discuss the basics of Maker and the SES Core Unit.
MakerDAO's dashboard on Token Terminal: https://tokenterminal.com/terminal/projects/makerdao
Listen to the episode:
Timestamps:
00:00 Introduction
00:55 MakerDAO and the DAI stablecoin
03:03 What are Core Units?
03:33 The Sustainable Ecosystem Scaling Core Unit
04:40 The expenses dashboard & its purpose
07:05 How is MakerDAO structured as an on-chain organization?
09:42 Overview of the different Core Units & what they do
12:45 How are the budgets for Core Units determined?
15:30 How have budgets and headcount developed over time?
17:06 Overview of Core Unit expense reports
19:42 Forecast & MKR Vesting -tabs
21:20 Auditor cycle – quality control and auditing of expense reports
24:40 What’s next for MakerDAO?
The authors of this content, or members, affiliates, or stakeholders of Token Terminal may be participating or are invested in protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol. Token Terminal does not recommend any particular course of action in relation to any token or protocol. The content herein is meant purely for educational and informational purposes only, and should not be relied upon as financial, investment, legal, tax or any other professional or other advice. None of the content and information herein is presented to induce or to attempt to induce any reader or other person to buy, sell or hold any token or participate in any protocol or enter into, or offer to enter into, any agreement for or with a view to buying or selling any token or participating in any protocol. Statements made herein (including statements of opinion, if any) are wholly generic and not tailored to take into account the personal needs and unique circumstances of any reader or any other person. Readers are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol. Observations and views expressed herein may be changed by Token Terminal at any time without notice. Token Terminal accepts no liability whatsoever for any losses or liabilities arising from the use of or reliance on any of this content.
Stay in the loop
Join our mailing list to get the latest insights!
Continue reading
- Token Terminal Partners with Firstset
Token Terminal Partners with Firstset
Together, Token Terminal and Firstset (“TT x 1S”) provide blockchain networks—both emerging and established—with a comprehensive validator solution that goes beyond traditional validation services. By partnering with TT x 1S, a network gets access to enterprise-level validation services, institutional-grade onchain analytics, and a Wall Street distribution—-from testnet to mainnet and beyond.
- Announcing Our Engineering Blog Series: ‘How We Build’ by the Token Terminal Engineering Team
Announcing Our Engineering Blog Series: ‘How We Build’ by the Token Terminal Engineering Team
We’re excited to launch our new blog series, ‘How We Build,’ where our engineering team takes you behind the scenes to reveal how we run a scalable and reliable blockchain data pipeline—the core infrastructure powering all of Token Terminal’s products. From managing in-house node infrastructure across 40+ blockchains to maintaining a 400TB data warehouse.
- No history, no trust: why full nodes alone aren’t enough
No history, no trust: why full nodes alone aren’t enough
Archival nodes are vital for maintaining the full history of a blockchain. They ensure that anyone can access past data for in-depth analytics or audits. Without archival nodes, it becomes difficult to verify historical transactions or trace the complete history of smart contracts—undermining the very principles that make blockchains so powerful.