The DAI protocol does the supply control required to keep it stable
It keeps the price stable, not the supply. The supply can ramp up very rapidly, even more rapidly than SBD.
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The DAI protocol does the supply control required to keep it stable
It keeps the price stable, not the supply. The supply can ramp up very rapidly, even more rapidly than SBD.
Another semantic misunderstanding, I meant supply control = controlling supply to keep the price stable. I didn't mean supply stability, obviously.
I guess I just don't understand what you propose to use DAI for or how it would be used, but that's okay, we both know it isn't going to happen realistically.
I was just thinking out loud, since the argument is that there's a need for stablecoins on Steem, and other dApps that need stablecoins are starting to integrate DAI. Obviously, it's never going to fit the current Steem model, so let's move on.