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A comment on The Cryptocurrency Industry Is 'On the Brink of an Implosion', Research Says. Parent comment
Stabilisation mechanism unlike Maker's DAI for instance
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.
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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.