Name: MakerDAO Founder: UST Was a 'Big Ponzi Scheme'
Uploaded: 2022-05-19T14:07:00.000Z
Duration: 11 min 3 s
Description: In the aftermath of TerraUSD's (UST) $14 billion collapse, Rune Christensen, founder of MakerDAO, a decentralized credit platform on Ethereum that supports the Dai (DAI) stablecoin, discusses why UST was "basically a big ponzi scheme" and what makes DAI different. Plus, reacting to Terra's revival plan and "community bond."

CD20$2,036.240.65%BTC$75,800.061.20%ETH$2,072.101.03%XRP$1.330.71%SOL$83.870.22%

MakerDAO Founder: UST Was a 'Big Ponzi Scheme' | CoinDesk Videos

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CD20$2,036.240.65%BTC$75,800.061.20%ETH$2,072.101.03%XRP$1.330.71%SOL$83.870.22%

MakerDAO Founder: UST Was a 'Big Ponzi Scheme' | CoinDesk Videos