Compound-Issued DAI Just Eclipsed Actual DAI, Courtesy an Infinite Issuance Loophole

2020-7-3 15:00

There’s now more DAI, the MakerDAO stablecoin, issued on DeFi project Compound than DAI’s actual circulating supply, CoinDesk reported June 3. DAI on Compound > Actual DAI DeFi – the shiny new sub-sector of crypto that promises ultimate decentralization and returns for early adopters – is facing a strange conundrum.

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Multi collateral Dai (DAI) на Currencies.ru

$ 0 (+0.00%)

Объем 24H $0

Изменеия 24h: 0.00 %, 7d: 0.00 %

Cегодня L: $0 - H: $1.0002

Капитализация $0 Rank 99999

Цена в час новости $ 1.0121 (-100%)

dai actual compound defi crypto sub-sector shiny

301 +

Источник: btcmanager.com

Why DAI Is A Different Kind Of Stablecoin

Most traders group Dai together with Tether (USDT) or TrueUSD (TUSD), dollar-backed tokens that provide shelters from the volatile prices of most other digital assets. The key distinction is that Dai is backed by Ether (ETH) tokens, rather than actual US dollars.

With New Exchange Listings and Demand, New Stablecoins See Pegs Broken

Fresh on the market, the industry’s newest batch of stablecoins is having trouble striking a price balance. Amidst news of listings on Huobi and OKEx, two of the industry’s largest exchanges, TrueUSD (TUSD), Gemini USD (GUSD), the Paxos Standard (PAX) and Circle’s USD Coin (USDC) have all risen well above their pegs.

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Compound-Issued DAI Just Eclipsed Actual DAI, Courtesy an Infinite Issuance Loophole

2020-7-3 15:00

Multi collateral Dai (DAI) на Currencies.ru

dai actual → Результатов: 4

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