Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake
by chrisco255 on Sunday December 09, 2018 @06:38PM
(#18644037)
It doesn't have to always be exactly $1. You obviously can't control markets and what people sell things for...but DAI has mechanisms in it's protocol so that the price trends to $1. It's incredibly fascinating, it's decentralized, permissionless, loans with an economic system backing it. It's very novel tech and a huge achievement.
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