Hacker News new | past | comments | ask | show | jobs | submit login

Worth noting that Maker is different than those other because there's no central authority holding fiat money to maintain the peg. Their stablecoin Dai is minted "out of thin air" and the price peg is maintained via an interest rate mechanism built into the smart contract.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: