Comment Comment by RaketenStadt According to paragraph 3 of TFA it's not collateralized similarly> Other on-chain stablecoins like DAI are over-collateralised. For every $1 of DAI, there’s ~$1.75 worth of crypto assets in the DAI system. parent RaketenStadt 5 years ago
> Other on-chain stablecoins like DAI are over-collateralised. For every $1 of DAI, there’s ~$1.75 worth of crypto assets in the DAI system.