Meet Rai: A Governance-Minimized DeFi Project Set On a More Stable Version of ETH

DeFi

Last fall, MakerDAO, the leading DeFi lending project to date, rolled out the Multi-Collateral Dai (MCD) system, which opened up new collateral types to underpin automated Dai stablecoin loans beyond just ether (ETH). However, MakerDAO’s pivot toward embracing more centralized assets like USDC and WBTC in recent weeks has led to some Ethereum community stakeholders […]

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Author: toutiao