Brenda Loya
Brenda is the CEO and Co-founder of Tellor, a decentralised oracle network. She is a self-taught solidity developer and formerly, a supervisor with the U.S Federal government, developing and leading teams to develop statistical software and produce Principal Federal Economic Indicators, such as the Producer Price Index, State and Area and National Employment statistics, and Unemployment Insurance statistics, and methodology research. Brenda has a Master of Arts in Applied Economics from Johns Hopkins University.
What really drew Brenda into crypto was Ethereum. She became obsessed with the technology and the freedom it could bring. As a Statistician/Economist she had been programming for years so the transition to Solidity was smooth. Brenda’s first full-time endeavor in crypto was Daxia, a protocol to do long/short tokens (e.g. long/short BTC) (similar to a dy/dx). The issue you quickly run into with derivatives is the oracle problem (how do you get the price to settle to). The companies then were just inputting it themselves, which is not secure and not in line with the ethos of decentralization. Brenda and her team wanted something better so they started building out Tellor internally. And it turned into a full time thing when other projects/investors became more interested in Tellor than Daxia.
Session
This presentation explores the need to decentralize the Consumer Price Index (CPI) to enhance economic transparency. Through D-FACTO, a decentralized framework, I'll discuss mitigating biases and improving trust in economic metrics. It proposes a transparent measure of inflation.