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Home > Interchain.FM > MakerDAO: Multichain Expansion Plans, $DAI on Osmosis
Podcast: Interchain.FM
Episode:

MakerDAO: Multichain Expansion Plans, $DAI on Osmosis
Category: Technology
Duration: 00:44:48
Publish Date: 2022-10-17 17:00:00
Description: MakerDAO is the godfather of the stablecoin application, with the introduction of DAI to the blockchain space. Now they're aggressively expanding to address a multichain economy. DAI is a Collateralized Debt Position (CDP) based stablecoin that has recently been bridged over to the Cosmos ecosystem via the Osmosis DEX. Axelar has announced a retroactive airdrop to OSMO-DAI LPs who've bridged over net new DAI through the Axelar bridge within an (as yet) unspecified window of time.
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