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It's ironic that a crypto project seeking stability decides to peg its valuation against a fiat currency, i.e. the US dollar.
by twblalock 9y ago
It's ironic that a crypto project seeking stability decides to peg its valuation against a fiat currency, i.e. the US dollar.
- profalseidol 9y agoAs always, you'll have to read into the details. MakerDAO doesn't exactly peg it's value to the US dollar. Here's a good interview about how it works - https://www.youtube.com/watch?v=ZggkzPJ5Yt4 https://www.youtube.com/watch?v=ZggkzPJ5Yt4