
MakerDAO: Multichain Expansion Plans, $DAI on Osmosis
MakerDAO is the godfather of the stablecoin application, with the introduction of DAI to the blockchain space. Now they're aggressively expanding to address a multichain economy. DAI is a Collateralized Debt Position (CDP) based stablecoin that has recently been bridged over to the Cosmos ecosystem via the Osmosis DEX. Axelar has announced a retroactive airdrop to OSMO-DAI LPs who've bridged over net new DAI through the Axelar bridge within an (as yet) unspecified window of time.
Interchain.FM · Sam Macpherson, Chjango Unchained
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