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The Crypto Basic 2022-08-12 07:02:23

Ethereum Founder Kicks MakerDAO Proposal to Use Ethereum As Major DAI Collateral

  Ethereum founder Vitalik Buterin says using ETH as the main collateral for DAI is a terrible idea. With MakerDAO’s founder, Rune Christensen proposing that its stablecoin – DAI – may be collateralized by ETH, Vitalik Buterin, the co-creator of Ethereum, is strongly against the move. According to Yearn Finance core developer @banteg, MakerDAO is considering […]The post Ethereum Founder Kicks MakerDAO Proposal to Use Ethereum As Major DAI Collateral appeared first on The Crypto Basic.

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