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In the aftermath of TerraUSD's (UST) $14 billion collapse, Rune Christensen, founder of MakerDAO, a decentralized credit platform on Ethereum that supports the Dai (DAI) stablecoin, discusses why UST was "basically a big ponzi scheme" and what makes DAI different. Plus, reacting to Terra's revival plan and "community bond." Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 Site: https://www.coindesk.com Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.linkedin.com/company/3104779/admin Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE CoinDesk is the leading digital media, events, and information services company for the crypto asset and blockchain technology community. #CryptoNews