DAOs  and Decentralized governance in some contexts is both necessary and dangerous but the rising popularity of formalized decentralized governance of some form is undeniable, and there are important reasons why people are interested in it. But it is also important to keep in mind the risks of such schemes.

This episode of three point O answers How can we get the benefits of DeGov while minimizing the risks of inequalities and incentive misalignments even in the absence of attackers.

About Guest;

Jordan Grey is the serial founder of Astro DAO and NEAR ecosystem. You can follow him on Twitter @Starpause

Host: Arham Tariq is the Marketing Lead at Xord and the host of this podcast. His experience in marketing, branding and web3 make a combination for him to understand things differently. You can follow Arham Tariq to get updates regarding "three point O" on Twitter: @Oxarham

For more;

Follow us on Twitter: https://twitter.com/BlockshipClub

Visit our website:       https://blockship.club/

Join us on Discord:   https://discord.com/invite/xc9QCxv7jJ

The Nomad bridge is being exploited, with $200M in digital assets stolen so far. Nomad, a protocol allowing users to move digital assets between different blockchains, is being actively hacked on Monday evening.

The hack comes days after Nomad announced the full list of investors in its $22 million seed round, which was led by Polychain Capital, with participation from backers including Ethereal Ventures, Hack VC, Coinbase Ventures and Crypto.com Capital.

This isn’t the only bridge to be hacked this year. The Ronin Bridge, used by the developers of play-to-earn game Axie Infinity, was hacked for nearly $625 million earlier this year

This shortcast of three point O portrays technical analysis based on the current scenario and how such hacks can be avoided.

Decentralization has been an integral part of Blockchain, Web3, and DeFi (Decentralized Finance). But, do you believe DeFi is decentralized enough as We’ve examples of centralized finance with centralized governance that claim to be decentralized?

This episode of three point O features Yurii kyparus (Co-founder, Wallchain) having diverse experience working with Google and Meta. He’s shading lights on recent incidents of Calcius, 3AC, BlockFi about what these incidents tell us and how can we learn from them, and much more. You can follow Yurii on Twitter @Kyparus

Host: Arham Tariq is the Marketing Lead at Xord and the host of this podcast. His experience in marketing, branding and web3 make a combination for him to understand things differently. You can follow Arham Tariq to get updates regarding "three point O" on Twitter  @0xarham.eth

Timestamps:

0:00 Introduction and About Wallchain

4:00 Is decentralization itself a problem

6:02 Is DeFi really decentralized? Hacks of Calcius, 3AC, BlockFi

9:25 Rules and regulations in DeFi?

17:15 Current state of DeFi

24:14 Mindset required before jumping into DeFi