How Do MakerDao Dai "Keeper" Bots Make Money?

Multi-collateral Dai removed PETH holders, and this should create even higher profits for Keeper bots and MKR holders.

Jun 08, 2020

∙ Paid

Dear Crypto Asset Investors,

MakerDao launched their “single-collateral” stablecoin pegged to the US dollar in late 2017. What the term single-collateral refers to is what types of collateral the protocol is willing to accept as collateral for creating a collateralized loan.

To put this into relatable terms, imagine wanting to take out a loan to buy a ho…

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