FlapperUniV2
Off-Chain (Private)
Audited on 2023/06/06
No active critical issues
Summary
MakerDAO implemented a new flapper contract. Rather than auctioning off the surplus DAI, it is now exchanged and added to an UniswapV2 pool. — “The Maker Protocol, also known as the Multi-Collateral Dai (MCD) system, allows users to generate Dai by leveraging collateral assets approved by “Maker Governance.” Maker Governance is the community organized and operated process of managing the various aspects of the Maker Protocol. Dai is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Resistant to hyperinflation due to its low volatility, Dai offers economic freedom and opportunity to anyone, anywhere.
Project
Multi-Chain
