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HISTORICAL RECORD2017–2018
makerdao / docs · Not publicly available

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Discover this repository through its Hacker News conversations.

Learning & Reference
Explore on GitHubRead Hacker News discussions
7Distinct people
7Mentions
0Explicit recommenders
REPOSITORY AT A GLANCE

What to know before exploring

What it is

A public description has not been verified.

Where it is used

No documented product use has been verified yet.

What people are saying

No recommendation phrase was found in the indexed comments.

No classified warning is attached to this page. Read the discussions before treating silence as approval.

Also in these discussions

No other repository is repeatedly linked in the same discussions.

This week on Hacker News

Nov 7–Nov 14 UTC · Direct repository links and separately labeled related project stories. Indexed through 11/14/2026, 6:01:08 PM UTC.

No direct repository links were found in the indexed HN discussions over the past seven days. Older discussions are available below.

Mentions over time

HN mentions by month7 dated mentions

Observed mentions: 2017-04-03 21:52:23 UTC to 2018-04-11 15:19:01 UTC.

0122017-04-01 00:00:00 UTC to 2017-05-01 00:00:00 UTC (exclusive): 2 mentions; 0 submissions, 2 commentsApr 20172017-05-01 00:00:00 UTC to 2017-06-01 00:00:00 UTC (exclusive): 0 mentions; 0 submissions, 0 comments2017-06-01 00:00:00 UTC to 2017-07-01 00:00:00 UTC (exclusive): 1 mentions; 1 submissions, 0 comments2017-07-01 00:00:00 UTC to 2017-08-01 00:00:00 UTC (exclusive): 0 mentions; 0 submissions, 0 comments2017-08-01 00:00:00 UTC to 2017-09-01 00:00:00 UTC (exclusive): 0 mentions; 0 submissions, 0 comments2017-09-01 00:00:00 UTC to 2017-10-01 00:00:00 UTC (exclusive): 0 mentions; 0 submissions, 0 comments2017-10-01 00:00:00 UTC to 2017-11-01 00:00:00 UTC (exclusive): 1 mentions; 0 submissions, 1 commentsOct 20172017-11-01 00:00:00 UTC to 2017-12-01 00:00:00 UTC (exclusive): 2 mentions; 0 submissions, 2 comments2017-12-01 00:00:00 UTC to 2018-01-01 00:00:00 UTC (exclusive): 0 mentions; 0 submissions, 0 comments2018-01-01 00:00:00 UTC to 2018-02-01 00:00:00 UTC (exclusive): 0 mentions; 0 submissions, 0 comments2018-02-01 00:00:00 UTC to 2018-03-01 00:00:00 UTC (exclusive): 0 mentions; 0 submissions, 0 comments2018-03-01 00:00:00 UTC to 2018-04-01 00:00:00 UTC (exclusive): 0 mentions; 0 submissions, 0 comments2018-04-01 00:00:00 UTC to 2018-05-01 00:00:00 UTC (exclusive): 1 mentions; 0 submissions, 1 commentsApr 2018

Counts come from the repository’s dated source evidence. Index cutoff: 2026-11-02 08:16:59 UTC.

View mention counts and date ranges
UTC ranges include their start and exclude their end. Select a period to filter the source evidence.
PeriodStart (UTC)End (exclusive, UTC)MentionsSubmissionsComments
Apr 20172017-04-01 00:00:00 UTC2017-05-01 00:00:00 UTC202
May 20172017-05-01 00:00:00 UTC2017-06-01 00:00:00 UTC000
Jun 20172017-06-01 00:00:00 UTC2017-07-01 00:00:00 UTC110
Jul 20172017-07-01 00:00:00 UTC2017-08-01 00:00:00 UTC000
Aug 20172017-08-01 00:00:00 UTC2017-09-01 00:00:00 UTC000
Sep 20172017-09-01 00:00:00 UTC2017-10-01 00:00:00 UTC000
Oct 20172017-10-01 00:00:00 UTC2017-11-01 00:00:00 UTC101
Nov 20172017-11-01 00:00:00 UTC2017-12-01 00:00:00 UTC202
Dec 20172017-12-01 00:00:00 UTC2018-01-01 00:00:00 UTC000
Jan 20182018-01-01 00:00:00 UTC2018-02-01 00:00:00 UTC000
Feb 20182018-02-01 00:00:00 UTC2018-03-01 00:00:00 UTC000
Mar 20182018-03-01 00:00:00 UTC2018-04-01 00:00:00 UTC000
Apr 20182018-04-01 00:00:00 UTC2018-05-01 00:00:00 UTC101

What Hacker News says

2 sources
zodiac·Nov 18, 2017
> with a crypto coin, what is the value tied to? In the specific case of ethereum ERC20 tokens [1], it depends on how the mechanism design uses the token, there's no general answer. I can give 3 specific examples. MKR stablecoin (https://github.com/makerdao/docs/blob/master/Dai.md): users of the collateralized debt positions system pay fees for using the service (because they want to take margin long positions, or because they want to issue some stablecoins), those fees go to MKR holders (the mechanism for this has changed over time, but it could be through dividends, or buy-and-burn). In return MKR holders provide a service by having MKR be one "line of defence" in undercollatiralization scenarios (new MKR is minted and auctioned). REP (http://blog.augur.net/for-reporters-a-guide-to-rep-tokens/) - users of Augur's prediction markets pay
Read the rest
fees to REP holders, who in return participate as reporters in the prediction market. Decentralized exchanges (0x and Kyber Network are some that have recently ICO'd) - generally users of the exchanges (who consumer services like liquidity, order routing and matching) pay fees to the token holders, somehow. I'm less familiar with these. The fact that users pay fees is enforced by smart contracts. There is also some thoughts on a general framework for valuing these tokens here http://vitalik.ca/general/2017/10/17/moe.html. > And what happens when the company shuts down In a "proper" decentralized application there's no centralized company that can unilaterally decide to "shut things down". All the projects I mentioned above aim to in the long run behave like this. Notes [1] of course, not all ICOs are of ethereum ERC20 tokens, eg recent ones are EOS, Tezos, arguably Polkadot. But I am much less able to talk about how the token economics of those tokens.
In Hollywood Hitmaker Plans to Fund Next Blockbuster with Crypto

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