Reserve Rights (RSR) is a token that is used to maintain the stability of RSV at its target level of $1.00 with the help of an arbitrage capability system. The backup protocol can be deployed on top of any intelligent contracting platform.

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MakerDAO to Liquidate Overleveraged Vaults and Absorb $1.3M in Bad Debt

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Links

1: Maker Surplus https://t.co/006HhAzaVA

2: Dai Backing https://t.co/hbcWGgJ2t7

3: Maker system surplus docs https://t.co/JZQD1Acct4

3.1: MakerDAO to Liquidate Overleveraged Vaults and Absorb $1.3M in Bad Debt https://t.co/50UMzKlxqz

4: Aave Safety Module Docs…

Links. 1: Maker Surplus. 2: Dai Backing. 3: Maker system surplus docs.

Contrasting CeFi and DeFi safety mechanisms

Insolvency is suboptimal. How do protocols and traditional organizations avoid it? 

Let’s look at how @fdicgov @AaveAave @MakerDAO and Reserve handle this issue.

Each organization has different priorities, different approaches and…

Contrasting CeFi and DeFi safety mechanisms. Insolvency is suboptimal. How do protocols and traditional organizations avoid it.

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