...with majors (DAI/BTC, DAI/ETH), Curve including it in the 3pool with USDC/USDT— all without Maker having...Because people wanted to hold $DAI beyond just the yield subsidized by Maker....So, let’s look at the evidence: where’s $DAI and $USDS sitting?...* Pay for integrations that $DAI got for free....USDS is freezable, whereas $DAI is not.

Market Positioning USDai is most comparable to DAI and USDe....DAI was initially backed solely by ETH, before transitioning to USDC backing and eventually RWA backing...USDai, DAI, and USDe have various tradeoffs concerning yield and liquidity.

For example, today – the largest vault on Morpho is the Spark DAI Vault (Curated by SparkDAO – an extension...This enables them to set more efficient, tailored rates on their DAI allocations, while directing liquidity...into highly specific markets like sUSDe/DAI where they allocated 300M DAI in April of last year. ...

The Multichain 3 hack on July 6, 2023 led to $126 million of DAI, LINK, USDC, WBTC, and wETH....The Orbit Bridge hack on December 31, 2023 cost $82 million in ETH, USDT, USDC, WBTC, and DAI due to...

MakerDAO Maker’s SAI/DAI was DeFi’s first decentralized stablecoin....Governance-facilitated opportunities in the DSR and D3M, along with subDAO farming post rebrand, dominate the DAI...The SKY rebrand has gone poorly and there are few remaining growth catalysts for DAI....Last cycle, Abracadabra’s MIM quickly reached over 4B outstanding supply while DAI eclipsed 10B.

Additionally, if Maker was to implement a hard ceiling on the amount of DAI that can be staked into the...

Soon, algorithmic & CDP-backed stablecoins (UST, DAI) would emerge, trying to achieve price stability...Even as other stablecoins like USDC and DAI have grown, none have matched the scale, reach, or liquidity...

There are backers who accept CRC in exchange for stablecoins (DAI, USDC, EURe).

Table: Stablecoin Market Caps Continue Expanding Other stablecoins, including BUSD, DAI, and TUSD, posted...

...predicate that says, “Only lend to the top four lending protocols, and I’m fine swapping for USDT, DAI...

...three specific models: RWA-backed stables (i.e., USDT, USDC) Synthetic dollars (i.e, USDe) CDPs (i.e., DAI...While DAI often gets indiscriminately labeled as a direct competitor to USDT and USDC, I would argue...Although DAI is used less as a quote token on exchanges, the CDP has nonetheless found a way to embed...

Blast: Blast offers a unique bridge that accepts popular stablecoins such as USDC, USDT, or DAI....These are either converted into DAI or deposited into the Dai Savings Rate (DSR) to generate yield....Blast features the rebasing USDB, which is backed by DAI staked in the Dai Savings Rate (DSR).

DAI can either be utilized freely throughout DeFi markets or locked into the DAI Savings Rate (DSR) contract...ETH, wBTC) to mint DAI....through the D3M into various DAI/sUSDe and DAI/USDe pools on Morpho Blue....the total allocation up to 1B DAI....DAI.

Said differently, the scalability of CDPs such as DAI is undermined by the need to collateralize 1 DAI...their DAI....After deploying 100m DAI through the Direct Deposit Module (D3M) into Spark’s sUSDe/DAI and USDe/DAI...DAI backing).

...by the portion of Contango open interest in correlated pairs such as wstETH/ETH, weETH/WETH, sUSDe/DAI...

...users could hypothetically set the following parameters: Swapping can only be done between USDC, USDT, DAI...

Shielding common stablecoins like USDC or DAI will offer greater anonymity than shielding unknown meme...

For example, let’s say ETH is trading at 2000 DAI....If I deposit 1000 DAI into the DAI/ETH pool at the 1600 price bucket, I am therefore willing to lend...my 1000 DAI against ETH at a value of 1600 DAI....price is 1200 DAI / 1 ETH or 1200 DAI/ETH.

Heavy cryptographic… https://t.co/6mQxbaYIie — Wei Dai (@_weidai) September 27, 2024 In this context...

Another alternative is Morpho’s USDE/DAI 91.5% LTV pool paying out the highest yield at 219% APY at current...