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Vauld Insights 2022-05-13 14:30:00

DAI Avoids A De-Pegging Dump, But Someone’s Moving Big Chunks

DAI sees massive inflow and outflow from large whale wallets. Maker addresses the possibility of DAI’s de-pegging during a volatile market. Stablecoins have been the focus this past week. And not in a good way. After UST, Terra’s native algorithmic stablecoin lost its peg, it led to a domino effect. Stablecoins on other networks like […]The post DAI Avoids A De-Pegging Dump, But Someone’s Moving Big Chunks appeared first on Vauld Insights.

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