Late DeFi legend Nikolai Mushegian left 'principles' manifesto before passing away: Check it out w/ brianmcmichael
Three months after the mysterious death of 29-year old Mushegian, his colleague published the code of principles the MakerDAO co-founder wrote for his last development, the Rico stablecoin platform. This impressive manifesto addresses various aspects of DeFi tech development, ecosystem building and working with potential users.Yesterday, on Feb. 17, 2023, seasoned Ethereum developer Brian McMichael revealed that Mushegian had written a set of rules for DeFi before passing away.
Then, DeFi teams should focus on"credible neutrality." A sound and credibly neutral system will leave in the dust a competitor that relies on"growth hacks" and compromises.Proper DeFis would benefit from integrations and"power users," i.e., customers interested in improving the project they are using. In a broad sense,"synthetic assets" created by these groups would catalyze growth of the Web3 protocol.
Crypto developers and marketers should be honest about the products they are building and promoting. Teams should not market their platforms in a misleading manner. Every possible interaction with the protocol should be described while introducing it, Mushegian stressed.While creating their services, teams should avoid playing in"decentralization theaters": every point of centralization, including interfaces or GitHub repositories, can be hacked.
Last but not least, every proper DeFi design should be auditable: not only cybersecurity vendors would be able to audit the system, but also"power users" with no large resources.Nikolai Mushegian was found dead in Puerto Rico on Nov. 1, three days after posting a tweet about CIA, Mossad and the global"pedo elite" that targeted him. As covered by U.Today, Amber Group's founder Tiantian Kullander died three weeks later at the age of 30.
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