Ep. 216 - MakerDAO & DAI 101 w/ Rune Christensen
CRYPTO 101
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The Use of Makers in Cryptocurrency Leverage
One of the most basic and tybical use cases is people who use it for etherium leverage, right? So they want to put in a hundred dollars worth of value, but they want to get kind of, like, say, 300 dollars worth of exposure to etherium. But there's also more creative interesting storis writes, for instance, there are many people that have used maker to take out a car loan. The big advantage of maker, is that you're not handing over your crypto to some other person or company. It removes a certain element of counterparty risk that otherwise exists when you want to get leverage in the crypto space.
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