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RE: Crypto Academy Week 6 Homework Post for @yohan2on Stablecoins
Hi @ljhaytorres
Thanks for attending the 6th Crypto course and for your effort in doing the given homework task.
Feedback
Due to the success of MakerDAO, DAI has been made into a non-collateralized stable coin.
Is that true?
DAI is rather a collateralized Stable coin. In fact, it's over collateralized by combining coins like $Eth and $MKR in order to ensure its price stability.
Otherwise, this is good work. Well done with your research study on DAI
Homework task
7.5
Thanks a lot for the review! I guess that was a mistype, should be collateralized and not "non". Thanks for the guidance!