Maker, Tinlake, and Real World Assets
Kevin Rooke19 May 2021 | 22:12 pm
Maker is integrating with a dApp called Tinlake, which lets businesses collateralize their assets, and borrow DAI against them without relying on the banking system, fiat payment rails, or delayed approvals on evenings and weekends. Real world assets (like homes, inventory, business revenues, royalty rights, etc.) are already being used as collateral backing DAI, and as adoption grows, they could significantly improve Maker's resilience to crypto market volatility.