As you likely already know, MakerDAO’s DAI is a decentralized stablecoin pegged to $1 and backed by many different collateral types. Historically, there has been high demand for DAI causing it to rise above it’s $1 peg at times. To encourage the necessary inflation to bring DAI back down to $1, MakerDAO can add more …
As any yield farmer can tell you, chasing higher yields can be a risky endeavour and in most cases is not a sustainable strategy for the average user. It’s all too easy to get caught up in hype and be blinded by outrageous yields. If you aren’t careful or are simply unaware of risks such …
This past year has been an incredible time of maturation and expansion for decentralized finance. Familiar protocols have seen increased adoption, cementing the foundation on which the whirlwind of new projects have been built. Our community has multiplied in numbers. Countless newcomers are venturing down the DeFi rabbit hole where it is easy to get …
