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You misspelled Ethereum 4 times. Dai is now backed by a lot more tokens than just Ether, and 150% is really the minimum to avoid liquidation (145% now). https

• FatalLogic 5y ago
  And as well as those errors: 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