Head to Head

    Q172. Excluding the respective foundations, what are the top 10 addresses by amount of UST held? What are the top 10 addresses by amount of DAI held? Do you have any guesses to whom those addresses belong?

    Introduction:

    In this dashboard, we'll look at the top 10 Smart Contract and Non-Smart Contract addresses by amount of UST held, as well as the top 10 addresses by amount of DAI held.

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    As we can see in the above chart, the amount of top 10 wallets holding DAI is inferior to the amount of UST top holders wallets.

    Conclusion:

    Excluding the respective foundations, UST is slightly more popular among the top holder wallets in comparison with the DAi holders.

    As we know both UST and DAI are algorithmic stable coins but they are different in the algorithm itself which terra/luna special algorithm shown more popularity

    High volatility with ETH can affect the stability of DAI and the UST has shown more adoption in comparison with DAi

    In minting DAI, the collateral (ETH) must be way more than the amount of DAI to be minted. UST, on the other hand, needs an equivalent of LUNA in USD to mint the same amount.