DeFi

dyadstable.xyz, touted as the first capital efficient overcollateralized stablecoin, has seen its TVL skyrocket. Could it be that with $DAI switching to $USDS, $DYAD is now set to carry the torch for decentralized stablecoins? 

Try to understand why.

dyadstable.xyz, touted as the first capital efficient overcollateralized stablecoin, has seen its TVL skyrocket. Could it be that with $DAI switching to $USDS, $DYAD is now set to carry the torch for decentralized stablecoins? 

Try to understand why.

https://www.blocmates.com/articles/what-is-dyad

crypto-anarchist · onchain social explorer, advisor · spread FC gospel in /chinese community · curate SocialSight.telegram· write 0xluo.xyz · host /luo ·中文 @luo

Cool overview. I did some research on Dyad to see if it would make sense as collateral for lending. My only complaint is its not on an L2 with enough liquidity to generate lending markets. Otherwise I would have pushed it onto Credit Guild already.