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$1,701.39 BTC$62,111.06 ETH$1,769.13 XRP$1.06 SOL$75.24

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

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CD20$1,701.39 BTC$62,111.06 ETH$1,769.13 XRP$1.06 SOL$75.24

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