daics

4 ms·

1.
by daics 7y ago
BitUSD had a different mechanism as it only allowed its own token as collateral. The Maker protocol doesn't use MKR as collateral, instead it serves as an efficient debt engine for other liquid assets and its holders collects fees on t
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Decentralized Finance(avc.com)
2 points by daics 8y ago|0 comments
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by daics 8y ago
> I don't know how active the Maker userbase is $1M in new loans issued every 3.5 days for the last 7 months at 0.5% APR.
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by daics 9y ago
UMG, Warner, Sony and Spotify cannot share bills for running a common database on AWS today without creating yet another corporation and relinquishing power over the data to it. Blockchains are not the next big thing in databases. They are
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by daics 9y ago
No, they were one of the first projects on Ethereum back when Ethereum launched in 2015.
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by daics 9y ago
Maker has been working on this problem for close to two years. https://github.com/makerdao/wiki/wiki
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by daics 9y ago
Ethereum, MakerDAO
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by daics 9y ago
https://oasisdex.com/ is a decentralized OTC exchange for Ethereum tokens that has been successfully running for a year on Ethereum(without getting hacked!) No fees for transactions other than gas costs. I know you can do i
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by daics 10y ago
You might find Ethereum's Whisper messaging protocol interesting. https://github.com/ethereum/wiki/wiki/Whisper
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by daics 10y ago
They must be really good if they could "Scam" reputed VC funds who are also part of the 55%.
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by daics 10y ago
Would you accept my BTC from March 1, 2017 too and give me your USD for the March 1, 2017 price?
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by daics 10y ago
A better whitepaper than the one linked in the article, https://github.com/makerdao/docs/blob/master/Dai.md