
The state of Single-Collateral Dai can be considered similar to the limited scalability of pre-Casper Ethereum. Fees on transactions are very high when there is high demand for the limited capacity of the Ethereum Network. Just like how sharding will help relieve the scalability and fee problems of Ethereum, the launch of Multi-Collateral Dai this summer will be our scalability solution and allow the system to sustainably maintain a 1:1 Dai/USD soft peg.