OP doesn't realize that DAI has sailed through falls in ETH value of far more than 50% (I think the worst was over 90% in 2018)
OP, despite his obvious great intelligence, doesn't realize that another, stronger question about DAI would be the potentially-worrying linkage to USDC etc to provide stability (though critics should note that even before that stability module, PSM, was introduced it had never deviated by more than 1%, AFAIK)
Seeing that this is, despite all those errors and omissions, the top comment here, is extremely dispiriting
I haven't been able to video chat using Hangouts for a long time now. Chrome on Windows 10 or Chrome on Ubuntu 17.10, I click the video button and... nothing.
I speak English, Spanish and Italian. I've been talking to this app for the past hour in those languages and translating to whatever languages have speech output. This is so amazing.
Dai is now backed by a lot more tokens than just Ether, and 150% is really the minimum to avoid liquidation (145% now).
https://daistats.com