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15min chapter
The Chopping Block: Curve Crisis Concludes With a Whimper, PayPal’s PYUSD Raises New Questions - Ep. 529
Unchained
DAI Dynamics and DeFi Developments
This chapter explores the evolving landscape of MakerDAO's stablecoin DAI, focusing on the introduction of the enhanced DAI savings rate (EDSR) and its implications for liquidity in decentralized finance (DeFi). The discussion highlights the complexities of interest rates on stablecoins, misunderstandings about different currencies, and the impact of recent developments like PayPal's stablecoin, PYUSD. Through this analysis, the chapter reflects on the challenges and potential benefits of incentivizing DAI creation amid a changing DeFi ecosystem.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode