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0 pointschizhik-pyzhik3y ago0 comments

Yeah, exactly. DAI is fully collateralized. I guess what I mean is non-fully-backed algostables like ust and frax

0 comments

Right but DAI is mostly backed by things that aren't pegged to USD like ETH and wBTC.

j / k navigate · click thread line to collapse

0 pointschizhik-pyzhik3y ago0 comments

Yeah, exactly. DAI is fully collateralized. I guess what I mean is non-fully-backed algostables like ust and frax

Right but DAI is mostly backed by things that aren't pegged to USD like ETH and wBTC.

j / k navigate · click thread line to collapse