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by thebean11 1496 days ago
DAI has worked pretty well though
1 comments
chizhik-pyzhik 1496 days ago
Yeah, exactly. DAI is fully collateralized. I guess what I mean is non-fully-backed algostables like ust and frax
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thebean11 1496 days ago
Right but DAI is mostly backed by things that aren't pegged to USD like ETH and wBTC.
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