![New Drama In DeFi: MakerDAO vs. AAVE and How Ethena Is Involved](/content/images/size/w500/2024/04/05042024cover.png)
New Drama In DeFi: MakerDAO vs. AAVE and How Ethena Is Involved
With all the differences between the mechanics of over-collateralized stablecoins like $DAI vs. algorithmic stables like $LUNA/$UST, there has been a surge in the “DAI is the new UST” narrative across the crypto community. What's going on there? What...