Stablecoin demand in yield farming is breaking dai’s peg. Solutions revolve around USDC and Maker’s version of QE, but will these measures last?
Source: https://www.coindesk.com/makerdao-defi-dai-broken-peg
‘No Other Option but More Collateral’: The Short- (and Long-) Term Fixes for Dai’s Broken Peg
September 11, 2020
CoinDesk