DAI is overcollateralized ($10B of collateral for $6B of DAI). Generally the def...

		wmf on May 13, 2022 \| parent \| context \| favorite \| on: Luna Cryptocurrency Collapse: How UST Broke DAI is overcollateralized ($10B of collateral for $6B of DAI). Generally the definition of "algorithmic stablecoins" is that they're undercollateralized.