DAI on Polygon
We have another important key change. We will use the DAI stablecoin on the Polygon blockchain.
This change does not affect the launch date in any way.
Yes, I know that many of you are afraid of all these changes. But, firstly, there are global changes in the market now, and it is very good that we are able to take them into account from the start. Second, don't forget that changes happen before launch.
Why DAI?
Just like with the change of blockchain, the change of the stablecoin has a occasion, and has a more compelling reason. Let me remind you that the claims of the SEC against Binance were only an excuse to study the situation, and the main reason for the transition is the advantages of the Polygon blockchain, and the recent upgrades in this Network, which we were able to notice only recently, plunging into the topic.
As far as the stablecoin is concerned, there have been reports that it is in danger of collapsing, similar to other stablecoins. Capitalization began to leave USDT and increase in USDС. We first considered USDС, because it is the most secured with real dollars. But we began to understand further in all the nuances of different tokens. And and we found a much more serious threat: USDT and USDС are centralized, controlled by the creators and subject to regulators.
Many cases are already known when they simply froze wallets without explanation.
DAI is completely decentralized, and wherein being half backed by USDC. DAI has an excellent decentralized mechanism to motivate action, always leading to price equalization around $1.
Yes, the price is price is determined by the free market, which can change the price in any direction, depending on supply and demand. But depending on the price movement, the amount of DAI is, either decreasing or increasing, and that is decentralized, as a result it always returns to 1 dollar.
You can learn more about how it works on their official website makerdao.com
The question that, of course, will worry everyone is the exchange. The easiest way is to use the main coin of the Polygon blockchain - MATIC, which can be easily exchanged for anything inside the blockchain, including DAI with very low fees.
Many of you may think that we are trying too hard to play it safe. Like, look how many different projects do not pay attention to such things. But from the experience of the last project, we understand that, unlike the others, we cannot go unnoticed.
There will be a lot of noise about us. Because Meta Force is a global project.
Already these days, hackers are actively attacking our site. As we understand, the attacks will be even greater when we launch. We cannot limit ourselves to ordinary defense, we need maximum alert and thoughtfulness of all details.
Now it is not easy for each of you, with all the expectations, changes. But we will be able to cope with this and launch the most powerful system.
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