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Created On
4 Dec 2021 04:04:35 UTC
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Magic Internet Money?
Here's a crypto with an interesting name. It is based off of Maker DAI, where Maker is the collateral and DAI is the stable coin. Here we have SPELL and MIM instead. MIM is the stable coin and SPELL is the collateral. It also makes use of CRV to exchange between stable coins. I think this is probably a big improvement over the MKR DAI system, and I think it should be able to hold its peg longer than DAI does. Just my opinion though.
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video/mp4
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English
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