Post
Topic
Board Announcements (Altcoins)
Re: [ANN] YggChain - Elastic Supply Price-Stable Coin + Instant Transfer + Sharding
by
Zergity
on 14/08/2018, 16:01:06 UTC
Why not just use DAI?

Hi, we have several paragraphs in the paper explaining why this over DAI (and other collateralized stablecoins). The most important reasons are:
1. Theoretical more robust against Black Swan Events (i.e. coin-price drops too quick).
2. More scalable: market cap of DAI cannot be expanded over it's collateral asset market cap (ETH).