Rune Christensen, the co-founder of MakerDAO, confirmed the existence of the freeze function but explained that it's an option built into the code and won't be switched on when the token goes live next month. "Dai is an immutable smart contract and cannot be altered," he said.
AJ Scolaro, senior analyst at crypto research firm Messari, said that concerns are overblown as the feature was already public knowledge and is necessary for a stablecoin backed in part with U.S. Treasuries to reach widespread adoption. "A major decentralized stablecoin should both be governed by its users and able to comply with legal systems," he added. "PureDai will be a reasonable alternative offering for skeptics."
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