question about DAI

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question about DAI Anonymous Sat Aug 29 00:03:58 2020 No.21976165 [Reply] [Original]

with DAI's collateral ratio being 1.5:1, what the hell happens if the crypto market crashes and everything that's collateral that backs all DAI is down over 50%, what happens? does DAI just trade at a lower value until they raise collateral ratios to try and peg it to $1 USD again?

>>	Anonymous Sat Aug 29 00:33:33 2020 No.21976720 >>21976165 I wanna fuck Alex Harper so bad. Ahhhhhh

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