Post
Topic
Board Altcoin Discussion
Merits 1 from 1 user
Re: DeFi - ETH Financial Ecosystem (September 2019)
by
VictorProsh
on 30/06/2020, 10:10:55 UTC
⭐ Merited by JayJuanGee (1)
That's a great overview of DeFi sector! Don't hesitate to share your knowledge with other community members on https://defiwiki.org/
Why is DeFi called decentralized finance? If centralized Stablcoin is laid

Well, not each stablecoin is centralized. We can consider as examples of centralized stablecoins: Tether, Gemini or USD Coin. They are backed by fiat currencies or commodities collateral-backed. But there are decentralized stablecoins that are backed by crypto/multiple assets. Such as MakerDAO's DAI, Synthetix, EOSDT, etc. https://defiwiki.org/wiki/Stablecoins
DeFi is not only about stablecoins, but there are also many other components https://defiwiki.org/wiki/DeFi_-_A_Beginner%E2%80%99s_Guide_to_Decentralized_Finance
Увaжaeмый! Чeм пpинципиaльнo oтличaeтcя MakerDAO DAI oт Tether oби мoнeты yпpaвляютcя цeнтpaлизoвaннo, и кaждaя из ниx oпиpaeтcя нa дoллap, ecли в ocнoвe лeжит xoть oдин элeмeнт yпpaвлeния, тo кaк жe иx мoжнo нaзвaть дeцeнтpaлизoвaнными.

Respected! What makes MakerDAO DAI fundamentally different from Tether? Obi coins are managed centrally, and each of them relies on the dollar, if at least one control is at the core, how can they be called decentralized.