Reserve Rights

by Reserve Rights

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Steem Dollars

by Steem

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Multi-Collateral DAI

by MakerDAO

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Reserve Rights

by Reserve Rights

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Steem Dollars

by Steem

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Multi-Collateral DAI

by MakerDAO

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What problem does this service solve?

Reserve's goal is to create an inflation resistant digital currency.Steem Dollars are a stablecoin that are designed to be used as a less volatile medium of exchange on the Steem platform.Multi-Collateral DAI is designed to enable the MakerDAO to offer new types of asset collateral and DeFI services.

Token Stats

Company Description

Reserve Rights is an Ethereum-based stable token that is built on the Reserve Protocol. Reserve token will be initially backed by several other collateral tokens that are each tokenized versions of the US Dollar. The project has plans to transition to a collateral model that will not be pegged to the US Dollar.

Steem Dollars, or Steem Based Dollars, are stablecoins released by the Steem platform and pegged to the USD. Steem Dollars (SBD) are one of the three currencies that help power the Steem social media platform. SBD holders are entitled to receive one dollars worth of STEEM when it is redeemed.

The Multi-Collateral DAI stablecoin uses multiple types of collateral to back its value and an interest rate mechanism to stabilize its price. It is designed to be a digital currency with a stable value. MakerDAO is the decentralized autonomous organization that manages DAI and works to combat its price volatility. Multi-Collateral DAI was launched in November, 2019 and is meant to be a successor to the Single-Collateral DAI, that will eventually be phased out. The new stablecoin will enable new features to the Maker Protocol, such as the the Dai Savings Rate (DSR), as well as additional types of asset collateral.

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