1. EachPod

MakerDAO: Multichain Expansion Plans, $DAI on Osmosis

Author
Sam Macpherson, Chjango Unchained
Published
Mon 17 Oct 2022
Episode Link
https://www.youtube.com/c/ChjangoUnchained

MakerDAO is the godfather of the stablecoin application, with the introduction of DAI to the blockchain space. Now they're aggressively expanding to address a multichain economy. DAI is a Collateralized Debt Position (CDP) based stablecoin that has recently been bridged over to the Cosmos ecosystem via the Osmosis DEX. Axelar has announced a retroactive airdrop to OSMO-DAI LPs who've bridged over net new DAI through the Axelar bridge within an (as yet) unspecified window of time.

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