Fun fact: Dai was suppose to be done via a float mechanism to keep it purely decentralized so Dai would range from like 0.98-1.02.
However in order to appeal and grow more fast, DAI gave up the float and thus became more centralized pegs.
Fun fact: Dai was suppose to be done via a float mechanism to keep it purely decentralized so Dai would range from like 0.98-1.02.
However in order to appeal and grow more fast, DAI gave up the float and thus became more centralized pegs.
RE: Hive Backed Dollar (HBD) Is Becoming A Stablecoin