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RE: The Steemit Crypto Academy Week 6 || DAI, Stable Coins from MakerDAO
Hi @levycore
Thanks for attending the 6th Crypto course and for your effort in doing the given homeowork task.
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The value of DAI is held under control by a series of contracts that execute themselves automatically. If the value of DAI deviates so much from 1 US dollar, Creator (MKR) coins are burned or produced to hold the DAI rate constant
Glad to know what exactly keeps DAI in that stable state.
This is excellent work. Well done with the research on DAI. Thanks for creating valuable content. Just keep working hard work on the steem Blockchain.
Homework task
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