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Scott_Sanderson | 4 years ago

Correct, OP seems to be referring to single-collateral DAI aka SAI, which is deprecated. The current DAI is backed by a basket of assets.

IMO, the basket is too heavily weighted towards centralized stablecoins like USDC. I rotated some of my MKR holdings to Terra/Luna, which may have a better peg mechanism (although it is similar to Titan, which exploded).

discuss

order

Maximus9000|4 years ago

> I rotated some of my MKR holdings to Terra/Luna, which may have a better peg mechanism

Me too!