Bitcoin can now be used as collateral in a tokenized form on MakerDAO’s algorithmically dollar pegged crypto token DAI. “WBTC… read more
What is Dai?
Once generated, Dai can be used in the same manner as any other cryptocurrency. The Dai (DAI) is a collateral-backed cryptocurrency whose value is stable relative to the US Dollar. The DAI was created by the Maker, a smart contract platform on the Ethereum blockchain, to enable anyone to leverage their Ethereum assets and generate DAI tokens on the Maker Platform.
Crypto markets have continued their consolidation for another day but decentralized finance markets are hitting record levels again as Ethereum… read more
Close to half of Dai’s total supply is now in a savings account earning nearly 8% a year. That’s just… read more
Recent statistics revealed that MakerDAO’s tokenized dollar, DAI, has been handling billions of dollars per month in November and December… read more
DAI, the ethereum based tokenized dollar by MakerDAO is now handling considerable volumes just two years after it launched. According… read more
We are being fleeced by the vampire squids on Wall Street, but perhaps not for much longer if the new… read more
Load more articles
DisclaimerThe information provided here does not constitute investment advice, financial advice, trading advice or any other sort of advice and you should not treat any of this content as such. None of the information should be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. We do not endorse or rate any initial coin offerings or cryptocurrencies listed or mentioned, nor do we encourage our readers to invest in anything. Investing in initial coin offerings or any cryptocurrency is considered a speculative and high-risk activity and we strongly encourage all investors to perform their own due diligence and consider their own circumstances before considering an investment.