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A comment on Crypto Coin Tether Defies Logic on Kraken’s Market, Raising Red Flags. Parent comment

Re:Crypto Coin Tether Defies Logic on Kraken’s Market, Raisi... by RexetBlell on Friday June 29, 2018 @09:14PM (#17428984)
Dai is not backed by Ethereum. Dai is backed by Ether.
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Re:Crypto Coin Tether Defies Logic on Kraken’s Market, Raisi... by rthomas6 on Friday June 29, 2018 @11:51PM (#17429387)
Okay Mr. Pedant. Actually Dai isn't backed by either one. It's backed by an ERC-20 token called Pooled Ether.
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