Yellow Hat DAO

Basics

• From their Github (as of 10-2019):

"We are the Yellow Hats who play with decentralized financial primitives to experiment with crypto-native problems, in such way that tests the limit of cryptoeconomics. We wear Yellow Hats as construction workers, who make the infrastructure more robust by building the inevitables that may break the weaker ones."

• From Proof of Work 75 (28-9-2019):

"I had lunch with a friend recently who showed me this crazy org she’s assembled called the Yellow Hat DAO. As far as I can tell it’s not really a DAO in the sense I usually think of them, in that it doesn’t have a programmatic reward/rules system that underlies it. But it’s a group of people that seem to have coalesced from the ether, funded by a mix of ICO treasuries, individual wealth, random grants, hackathon prizes etc etc. to reliably churn out weird and interesting stuff. One of the central things the Yellow Hats seem to like to play with is the permissionless aspect of wrapping one thing inside another that blockchain protocols enable. To see how weird and fun this can get, let’s look at LSDai, one of their projects.

So we have Dai, which is created by depositing ETH into a contract. You can then take the Dai and deposit that into another (interest bearing, this time, e.g. Compound) contract and get rDai which is redeemable for your locked up Dai. LSDai takes that rDai as an input, and creates short and long Dai interest tokens, so that people can hedge the interest rate offered by (again, e.g.) Compound."

Community Projects and Research

From their Github (as of 10-2019):

"Projects

1. LSDai: Get high on Interest! (winning hack @ETHBerlinZwei 2019)
   • Introduction en
   • Product Demo: www.LSDai.market

1. BME (Bitcoin Mining Earnings) Index Futures: Tokenized Synthetic PoW Mining Contract
   • Introduction en cn
   • BME data

1. Hashedge: Decentralized Marketplace for Generalized Mining (winning hack @ETHSingapore 2018)
   • Introduction en
   • Website: www.hashedge.io
   • Product Demo: Hashedge Alpha v0.3 on Ropsten Testnet

1. StaFi Protocol: PoS Staking Network
   • Introduction en
   • Github Repo

1. CoinCow: Fair Coin Mining, Fun Cow Milking! (A crypto social satire born out of a dream.)
   • Concept Video: CoinCow in 60 Seconds

1. LiquiDAO: Crowd-funded liquidity AMM for bootstrapping new markets (winning hack @EOS San Francisco 2018)

Research

1. DeFi.WTF Summit: www.DeFi.wtf
   • "A DeFi Billboard" Harberger Tax Social Experiment: Repo
   • Quadratic Voting Toolkit: Repo

1. DAO & Decentralized Governance Research
   • Accountability in Decentralized Networks: The MolochDAO Case by @Arikan
2. PoW vs. PoS Network Cartel Formation Analysis (Coming Soon!)
3. Cost of Liquidity Attacks (Coming Soon!)"

Members

• Yellow Hat DAO is spearheaded by Tina Zhen (28-9-2020).