What Makes DeFi Decentralized? Rune Christensen on Centralized Collateral and Decentralizing Make

Centralized Collateral and Decentralizing Make: As part of its Black Thursday mitigation efforts, MakerDAO introduced USDC as a form of collateral. While this was an emergency measure, it touched the very sensitive topic of centralized collateral assets in Maker (MKR). The concept of decentralization underpins the entire existence of crypto, serving as a core ideology. […]