Pool DAI
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Revision as of 09:53, 9 September 2019 by wiki_crypto>Zeb.dyor (Created page with "== Basics == * <em>A no-loss donation protocol enabling people to pool money, lend it out and donate the interest.</em> * From Token Economy #107: "''We featured an early iter...")
Basics
- A no-loss donation protocol enabling people to pool money, lend it out and donate the interest.
- From Token Economy #107:
"We featured an early iteration of this in #105, now it's live on Ethereum mainnet. Courtesy of Zefram from Betoken (though not audited yet so play safely).
We've also recently seen rDAI coming to market tackling the same idea, ie a native 'no-principal-at-risk' funding mechanism leveraging the power of Compound cDAI, though rDAI approach is arguably more flexible and interoperable. With Pool DAI each beneficiary gets its own ERC20 token, which makes sense for a particular type of user cases."
