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The long anticipated wait for the launch of the next version of the most popular DeFi protocol, MakerDAO, has been set - it will allow users to stake virtually any other cryptocurrency into the system and receive the Dai stablecoin.
To date, the MakerDAO platform is collateralized by 1.5 million ETH, worth roughly $295 million. Launched nearly two years ago, MakerDAO is now the most popular decentralized financial (DeFi) application on the ethereum blockchain, and it has inspired the creation of several other DeFi protocols including crypto lending and borrowing platforms Compound and dYdX.
https://www.coindesk.com/makerdaos-multi-collateral-dai-token-is-launching-nov-18
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