Steven Becker, president and chief working officer of the Maker Basis, discusses the MakerDAO system’s transition to multi-collateral Dai, what advantages it will get from having a number of collateral sorts, why it began with Courageous’s BAT, and the way the Dai financial savings fee can decrease threat for customers. We additionally discuss what incentives present customers need to transition to Dai, provided that the Dai financial savings fee is simply 2% whereas Sai holders can get pleasure from rates of interest over 5% in Compound and dYdX, and the way the MakerDAO system plans to attempt to incentivize individuals to maneuver over. Plus, we discuss how one can handle such a transition in a decentralized challenge and the way the system would possibly sometime add tokenized real-world belongings.
