Definitely a good point by @prestonjbyrne. @MakerDAO collateralization scheme seems, (at least for now), reliant on #ETH alone, hence defeating it's purpose in the first place.https://buff.ly/2FpnFYo
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Replying to @nunoafreitas @prestonjbyrne
Multi collateral is launching in June and we will officially be out of beta and lifting the debt ceiling (max supply) from 50mm to billions ;-)
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Replying to @MakerDAO @prestonjbyrne
Don't take me wrong, a good stablecoin is very much needed, but right now this does seem quite vulnerable given the market it operates in. When you say multi collateral, are those other cryptos/tokens?
1 reply 0 retweets 0 likes
Replying to @nunoafreitas @prestonjbyrne
on chain non correlated assets like @DigixDAO
7:34 AM - 12 Mar 2018
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