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Stabilisation mechanism unlike Maker's DAI for instance What? The Maker DAI relies on users trading Etherium for another token DAI. It’s essentially a mor
by nosuchthing 8y ago
Stabilisation mechanism
unlike Maker's DAI for instance
What?
The Maker DAI relies on users trading Etherium for another token DAI.
It’s essentially a mortgage backed security derivative, except instead of houses it’s a speculative database token swap.
Certainly not safe.