Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
DennisP
on May 13, 2022
|
parent
|
context
|
favorite
| on:
Luna Cryptocurrency Collapse: How UST Broke
DAI started out backed only by ETH, they added other collateral later. Even when only backed by ETH, DAI stayed within a few percent of the dollar, despite a 94% drop in the ETH price in 2018.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search: