3F Mutual – Collective Insurance Against MakerDAO Risks
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 …