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RE: Lets learn about DAI (USDS) token in simple terms

in Tron Fan Club3 days ago

What an excellent clear and beginner-friendly explanation of DAI (now USDS) this was, Wow @aburihan1, I really enjoyed the way you simplified complex ideas in banking like collateralized debt position and the function of MakerDAO to simple language that is easy to understand. It also made the post fun and entertaining.

This section in which you described the distinction between DAI and other stablecoins was particularly useful. Most of them are not aware that DAI is not supported by bank funds but crypto assets secured by smart contracts - that fact was a real value addition.

I would also like to give a disclosure of how you have brought up the rebranding to USDS in 2025 and this has made the post sound contemporary in nature.

In general, it was a balanced article, as it was informative, easy to read, and written in a kind way. Great job, @aburihan1! 👏

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