Looking to make a DAI clone on SmartBCH

Hello everyone,

We all know that SmartBCH is the next step to BCH evolution, but I believe we should step away from centralized stablecoin like what we see on other chains with USDT and step into the world of decentralized stablecoins.

DAI is the native stablecoin for the Maker protocol. It is the world’s first crypto-collateralized and decentralized stablecoin, whose value is soft pegged to the US Dollar. The collateralized assets backing Dai are other cryptocurrencies instead of fiat and are held within smart contracts rather than in institutions.

If SmartBCH got its own version of DAI we could see potentially loads of BCH being sent over and an increase in trading activity on DEXs.

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I am looking to make a team of developers who are willing to work with me on creating this for SmartBCH. Please DM me on reddit!