Tag: DAI
Algorithmic stablecoins: what are they? Important Elements and Their Danger
Important lessons learned A cryptocurrency known as a stablecoin is one that is based on the value of a real asset, such as gold or fiat money. Because such tokens…
MakerDAO’s founder claims that “PureDai,” a fully decentralized platform, will debut in a few years
The creator of MakerDAO, Rune Christensen, stated that PureDai, a future token, will function as a completely decentralized substitute for its stablecoin tethered to the US dollar. The stablecoin, called…