Similar coins
UMA, or Universal Market Access, is a protocol for the creation of synthetic assets based on the Ethereum  blockchain. UMA was launched in December 2018.
Nexus Mutual uses Ethereum so that people can pool risk together without the need for an insurance company.
Maker is a smart contract platform based on Ethereum blockchain. It is the very first DAO project. The platform hosts ERC20-based stablecoin called "DAI". DAI is pegged to the US dollar