Dai

Dai (DAI)

$0.99188 +0.58%

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.

Dai News

Is DAI Losing Its Peg?

While eth’s price fell for much of last year, forced closure of Collateralized Debt Positions (CDPs) counter-balanced dai sell-pressure. Now… read more
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