CRYPTO 101 cover image

Ep. 216 - MakerDAO & DAI 101 w/ Rune Christensen

CRYPTO 101

00:00

The Decentralized Community of Governors, Right?

Mcar holders are kind of similar to the central bank. That's make sure that ta us Dollar doesn't collapse, right er? And what they do is they set to terms for how you can take these collateralized loans. So last week ther actually was a vote to increase the interust rate, or the stability fee, as we call it. And this decision was made by a decentralized community of governors.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app