Reserve’s Analysis of the MakerDAO Protocol
Reserve Research Team
1.2K6

If demand for dai was too strong would lead to dai going to a higher price, say 1.10. Then people would open CDPs and sell the dai for 1.10 pocketing the 10% arb?

With the equilibrium somewhere close to the interest rate.

Like what you read? Give Moises Cassab a round of applause.

From a quick cheer to a standing ovation, clap to show how much you enjoyed this story.