MIM - they lean into the “magic internet money” meme because they don’t need to convince people of its seriousness. It is collateralized by asset backed and int

MIM - they lean into the “magic internet money” meme because they don’t need to convince people of its seriousness. It is collateralized by asset backed and interest bearing cryptos that earn transaction fees such as xSUSHI DAI - but the MakerDao system has worse collateral than MIM, no interest bearing assets to my knowledge, but that can easily change with votes