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MakerDAO’s Transition and DeFi Challenges
This chapter explores MakerDAO's shift towards full decentralization and the creation of micro DAOs, highlighting its commitment to its foundational vision despite community skepticism. It discusses challenges in implementing DeFi on the Bitcoin network, contrasting it with Ethereum, and examines new collaborations in traditional finance involving stablecoins. The chapter also addresses Tether's regulatory concerns and the necessity for clearer understanding among regulators regarding decentralized financial platforms.
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