CHAI: An Interest Bearing Meta-Stablecoin (Dai + Interest + Spendable + Gasless)
17 Jan 2020 4 minute read 8 comments rhyzom
CHAI is an ERC-20 which wraps DAI + Maker's Dai Savings Rate (DSR). DSR is a newly added feature that came with Multi-Collateral Dai (MCD) and constitutes a mechanism for the Maker DAO to have some control on the demand side of the supply and demand...