# MakerDAO vs. Aave | Sam MacPherson & Marc Zeller *Author: David Hoffman* *Published: Apr 5, 2024* *Source: https://www.bankless.com/es/makerdao-vs-aave-sam-macpherson-marc-zeller* --- In today’s episode, we dive into the latest drama in the Ethereum DeFi lending scene. MakerDAO has sparked discussions by integrating Ethena's new Synthetic Dollar USDe, while Aave expresses caution, considering removing DAI as collateral. We brought on Sam MacPherson from MakerDAO and Marc Zeller from Aave to provide their insights on this evolving situation. Expect a deep yet amicable discussion on the future of DeFi, focusing on collaboration over conflict. Also, tune in to better understand how these developments impact the broader DeFi ecosystem. --- ## TIMESTAMPS 0:00 Intro 1:41 MakerDAOs Thought Process 7:46 MakerDAO & Ethena 10:03 Offboarding DAI as Collateral 16:57 Clarifying Numbers & Timing 19:35 Risks & Liquidity 28:08 Marc’s Thoughts on Ethena 31:33 Sam’s Response 34:07 Marc’s Disagreement 38:06 Summary of Marc’s/Aave’s Stance 40:44 Sam’s Response 42:48 Trust 45:46 MakerDAO Identity Crisis? 50:02 Aave’s Identity 50:56 Closing & Disclaimers --- ## RESOURCES Sam MacPherson https://twitter.com/hexonaut Marc Zeller https://twitter.com/lemiscate