How MakerDAO’s Stablecoin Survived the Crash, Smart Contract Bugs and Full Decentralization

How do DeFi stablecoins actually work and what happened during the sudden, precipitous drop in crypto prices earlier this month? On today’s show Andreas M. Antonopoulos leads us through a very interesting system and how it survived ‘Black Thursday’.

Source: https://www.coindesk.com/how-makerdaos-stablecoin-survived-the-crash-smart-contract-bugs-and-full-decentralization

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