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by rewtraw 3098 days ago
MakerDAO just launched its stablecoin, DAI. It maintains stability by a complex system of smart contracts and CDPs. The problem is much more difficult than simply increasing/decreasing supply.

https://makerdao.com/

1 comments

Looks interesting! The trusted oracle part seems concerning as a single point of failure but I suppose it’s necessary.
There's also BaseCoin, another attempt at a "stable coin" with prominent investors:

https://www.coindesk.com/basecoin-revealed-a16z-metastable-s...