Web3-Conf-India / Proposal-2022

MIT License
24 stars 10 forks source link

DeFi 3.0 through account abstraction and new DA0 governance #209

Open kohldtakes opened 2 years ago

kohldtakes commented 2 years ago
  1. Title - DeFi 3.0 through account abstraction and new DA0 governance
  2. Speaker - Eduard Jubany Tur
  3. Audience - Beginner to Advanced
  4. Type - 30 min Talk ( PPT)

Eduard Jubany Tur, Bio

Founder at ZKX, Eduard, is passionate about working on DAOs, product development, token economics, go-to-market strategies, emerging markets, and complex challenges. He was previously at SOSV, one of the world's top VC firms, with over $1.2 billion AUM.

With 15+ years of sector-agnostic experience, Eduard has worked in leadership and growth roles in startups across Asia and Europe.

LinkedIn - https://www.linkedin.com/in/eduardjubany/ Twitter - https://twitter.com/0xEduard

Past Speaker Opportunities

  1. Presented ZKX: Leveling the playing field for Perpetual Swaps at The DAOist, Amsterdam - https://www.youtube.com/watch?v=PAjd5-BKpC8
  2. Introducing ZKX: A novel application for derivatives in DeFi at DeFi Day, Devconnect.
  3. Understanding DEFI & DAO | With Eduard Jubany Tur at CNBC TV18 - https://www.youtube.com/watch?v=opy4VPzjwcE

Description

ZKX is the first permissionless protocol for derivatives built on StarkNet. We're building a decentralized exchange that lets users trade derivatives using reward mechanisms, liquidity provisioning, and simplified access to complex trading strategies.

Our vision for DeFi 3.0 is through account abstraction and new governance.

Account Abstraction

Globally in crypto, we have about 200 to 300 million users. Out of those 200–300 million users, only a small portion of these users, about 10 to 20%, actually use DeFi. The vision alignment here is to improve the overall user experience and architecture to be more accommodating, friendly, and accessible for all users who are not using DeFi.

The important question here is- How do we bridge the off-chain and the on-chain worlds? As part of that, account abstraction is a big first step where you can allow all users to log in with their Gmail or Facebook accounts. That creates a more familiar experience for the user while keeping in line with the tenets of decentralization and web3 and will be a huge part of onboarding the next billion into DeFi and web3.

New DAO Governance

In the last few years, we have seen the rise of governance shares, and these shares allow you to govern and have representation within a DAO and its underlying assets and activities. The issue we're facing across the ecosystem is that the ownership of these governance tokens tends to be concentrated towards whales and institutions. It does not necessarily represent these ecosystems' actual users or value providers and DAOs.

At ZKX, we want to change this and build a governance model that provides representation to everyone involved with a protocol and provides value to the protocol. Our idea here is Liquid Governance, which will enable the fair representation of all stakeholders in the protocol by providing Virtual Governance Shares (VGS) according to each stakeholder's behavior.