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MakerDAW - What's Next?
Monet Supply: MakerDAW founded in 2016 with the vision of being a decentralized stablecoin. Single Collateral Die, which was just backed by a single collateral asset, ETH, and it actually worked fairly well. But I think it was running into some scalability issues, where if you're only using a single collateral, it's really tough to meet the markets demand for a stable coin. So the next evolution, which they've been working on since a single collateral die launched, was multi-collateral die. And in 2019, I think this sort of precipitated a bit of a split in MakerDAO. Some people roughly led by Nikolai wanted to pursue kind of a