Building a Distributed Backend for the Global Banking System with Luca Prosperi
Rebank: Fintech Analysis
00:00
Maker's Single Collateral Die
I was fascinated by Maker because I think that the core offering of Maker is absolutely incredibly elegant, especially of the single collateral die. The core concept is very simple, yet phenomenally beautiful. It is a way to abstract one of the core functionalities of commercial banks and put them on the chain. So we can actually open the window to other assets like mortgages, like bonds or whatever that can be pledged as a collateral. That would allow the diet to expand in size and grow and transform maker into some sort of central bank of DeFi.
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