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DAI lost the peg and it’s getting better only at the price of having a huge percentage of stablecoins (USDC, soon USDT…) as collateral (around 50%, 75%+ if we continue this way). That’s not decentralization anymore. The whales will soon be able to buy DAI for USDC at $1.01 and leave even more USDC as collateral.

When do we agree on another solution to mint DAI after 6 months of failed attempts?

submitted by /u/bitdoggy
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