Modern Finance breaks down all things bitcoin, cryptocurrency, finance hacks & tips, decentralized finance (DeFi), yield farming, NFTs, robo-investing, and more. Join entrepreneur and technology venture capitalist Kevin Rose as he interviews experts and the entrepreneurs building modern finance tools. Time Magazine calls Kevin one of the "Top 25 Most Influential People on the Web," and Bloomberg lists him as a "Top 25 Angel Investor." Kevin has appeared on the Jimmy Fallon Show, Charlie Rose Show, as well as the print covers of Businessweek and Inc. Magazine.
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episode 6: #006 - MakerDAO & the Dai stable coin - Founder Rune Christensen
Dai is a cryptocurrency that is price stabilized against the value of the U.S. Dollar. Dai is created by the Dai Stablecoin System, a decentralized platform that runs on the Ethereum blockchain. Maker is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token, the Dai, against the U.S. Dollar.