You are viewing a single comment's thread from:RE: BOLO: Good Algo Stable CoinsView the full contextmikezillo (70)in LeoFinance • last year Like it! What do you think of DAI?
DAI was great before you could use USDC as collateral.
At the same time I don't think their model is very sound.
They opted for deflationary mechanics instead of creating yield.
It's basically a VC run chain I think it will collapse eventually.