Dai

A review for

Dai
Coins
JK
Co-Chief Investment Officer at Pantera Capital Source
A better approach is to create something like Maker, which is developing Dai — an asset-backed, hard currency and the first decentralized stablecoin on the Ethereum blockchain. Effectively, the stablecoin is backed by over-collateralizing the system with other crypto-assets. Despite blathering by bloggers, Dai remains valued at one US dollar, thereby retaining its peg.

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