MakerDAO Co-founder Recommends DAI-USD Depegging: ‘No Option But To Prepare To Free Float Dai’

MakerDAO co-founder Rune Christensen has reached out to the community in light of recent conversations of decoupling its native token from USD Coin (CRYPTO: USDC) amid the sanctioning of Tornado Cash to explain why free-floating Dai (CRYPTO: DAI) may be the only option for the decentralized autonomous organization (DAO). Christensen acknowledged underestimating the hazards associated with risk-weighted assets in his blog post titled “The Path of Compliance and the Path of Decentralization: Why Maker has no option but to Prepare to Free Float Dai.