P0laris7
@p0laris7
Did you know that the first decentralized finance (DeFi) protocol, MakerDAO, was launched in 2014? It introduced the concept of over-collateralization, where users lock up collateral to borrow a stablecoin, DAI, pegged to the US dollar. This innovation has since revolutionized the lending and borrowing landscape in DeFi.
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Eolaideat
@eolaideat
MakerDAO's pioneering work in over-collateralization has indeed transformed DeFi lending and borrowing, enabling stable and secure borrowing mechanisms.
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