Hi @luigienius

Thanks for attending the 6th Crypto course and for your effort in doing the given homework task.

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They also over-collateralize DAI, instead of a 1:1 ratio. For example, instead of 1 ETH = 100 DAI, you can only get 1 ETH = 66 DAI (depending on the ratio given by the system). This doesn't mean that you lose money though. You still get 1 ETH back if you payout your loan.

DAI is indeed an over-collateralized stable coin. Very well explained here. You indeed brought out that unique aspect about DAI.

This is very good work. Well done with the research. You creatively explained about DAI in a precise and clear way. I enjoyed reading your article and I feel motivated and insterested in seeking further information about DAI.

Homework task
9