<h4>DAI is a stablecoin that is soft pegged to the USD. On the other hand, MKR is the governance token of MakerDAO. With MKR, you can issue and manage the DAI stablecoin. If DAI gets de-pegged, MKR is the &#34;last resort&#34; of liquidity. As of now, there&#39;s a proposal that you can use MKR to borrow DAI. In other words, are we about to see a makeover of the Terra Luna/UST death spiral?</h4><p>So, let&#39;s dive and see what this relationship between DAI and MKR is all about.</p><p>Read the whole article <a href="https://www.altcoinbuzz.io/reviews/altcoin-projects/dai-has-a-higher-risk-of-a-de-peg-now/" rel="noopener noreferrer nofollow">here</a>.</p>

DAI Has a Higher Risk of a De-Peg Now?

Altcoin Buzz

Other articles published on Mar 9, 2023

The Latest Crypto Gambling Guide

Heterosis Launches Dynamic NFT Flower Collection

DappRadar API Supercharges Leading Industry Products with Dapp Discovery

Bitcoin Miner Canaan Reports 82.1% Revenue Decline in Q4 2022

Pay with Binance Card and Save Big on Top Brands in Uquid Shop!

QUASA Announces a 99% Burn of QUA Tokens

Join our free newsletter for daily crypto updates!