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What are your thoughts on MakerDao which uses the MKR and Dai tokens for decentralized collateral backed stablecoins called Dai?

Their implementation is happening a bit slower due to the novelties but it offers the MKR which is a profit incentive for proliferation, and may be more resilient than centralized stablecoins

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Personal opinion, not the company: I think it's very cool. I've been watching them since they launched and have been impressed with their consistent progress. I love using it as an example of financial experimentation and success: they launched at the top of the bubble and have been able to keep stability even as crypto has gone through a massive crash! Pretty amazing.

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