The Coin Detective
Coins:
1987
Market cap:
$ 2434.27B
Volume 24h:
$ 154.65B
BTC dominance:
51.3%

SwanDAI: Hedging Against the Inherent Risks of DAI | BTCMANAGER

By btcmanager.com on September 10, 2019


Ethereum bears have consistently called DAI an unreliable stablecoin, as the peg is dependent on supply and demand stemming from Collateralized Debt Positions (CDPs) on MakerDAO. Similarly, those leveraging DAI to stack 10-14 percent of interest a year might be worried about the DAI peg collapsing. SwanDAI introduces a synthetic…

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Related coins: Dai