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3232Maker Co-Founder Calls UST and MIM ‘Solid Ponzis’ That Will Go to Zero
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Sat, 08 Jan 2022 06:30:10 +0000https://www.digit.info/2022/01/08/maker-co-founder-calls-ust-and-mim-solid-ponzis-that-will-go-to-zero/Read more]]>Rune Christensen, one of the founders of Maker, the decentralized autonomous organization behind the governance of stablecoin DAI, has spoken out against two competitors. He stated that UST, Terra’s dollar-pegged stablecoin, and MIM, another collateralized stablecoin, were “solid ponzis” and that the bear market would eventually lead their prices to zero. Maker Co-Founder Calls Out […]
Rune Christensen, one of the founders of Maker, the decentralized autonomous organization behind the governance of stablecoin DAI, has spoken out against two competitors. He stated that UST, Terra’s dollar-pegged stablecoin, and MIM, another collateralized stablecoin, were “solid ponzis” and that the bear market would eventually lead their prices to zero. Maker Co-Founder Calls Out […]