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Re:Report on Stablecoins [pdf] by stepanhruda on Monday November 01, 2021 @10:45PM (#29076295)
Sure, if more people who hold DAI thought it would than it wouldn’t, it would be a problem. At this point there are so many arbitrage bots and protocols on top that it won’t even budge to 0.95 though, because this incentive balance has proven to be solid. The main downside really is that it’s overcollateralized by assets in 2x or so value.

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