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MakerDAO just launched its stablecoin, DAI. It maintains stability by a complex system of smart contracts and CDPs. The problem is much more difficult than simp
by rewtraw 9y ago
MakerDAO just launched its stablecoin, DAI. It maintains stability by a complex system of smart contracts and CDPs. The problem is much more difficult than simply increasing/decreasing supply.
https://makerdao.com/ https://makerdao.com/
- matthewbauer 9y agoLooks interesting! The trusted oracle part seems concerning as a single point of failure but I suppose it’s necessary.
- berberous 9y agoThere's also BaseCoin, another attempt at a "stable coin" with prominent investors: https://www.coindesk.com/basecoin-revealed-a16z-metastable-seek-crypto-holy-grail-stable-token/ https://www.coindesk.com/basecoin-revealed-a16z-metastable-s...