Crypto Currency Tracker logo Crypto Currency Tracker logo
Coin Edition 2023-06-21 13:25:00

Crypto Entrepreneur Questions MakerDAO’s New Savings DAI Token

Adam Cochran, the crypto entrepreneur behind Synthetix, has questioned and expressed concerns about MakerDAO’s recently unveiled Savings DAI token (sDAI). sDAI was introduced by the DeFi lending platform earlier this week. It is an ERC-4626 token powered by the Dai Savings Rate (DSR) and is the tokenized version of DSR-enabled DAI. Cochran, who also happens The post Crypto Entrepreneur Questions MakerDAO’s New Savings DAI Token appeared first on Coin Edition .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.