International charity organization Oxfam has partnered with Australian tech startup Sempo and blockchain company ConsenSys to test stablecoin Dai’s (DAI)… 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.
Oxfam International, a U.K.-based non-profit with a global reach, just spent a month testing MakerDAO’s stablecoin DAI as a vehicle… read more
Decentralized Finance, or DeFi, has been the topic of conversation across the space lately. In New York Blockchain Week, DeFi… read more
MakerDAO, the Decentralized Autonomous Organization (DAO) behind the DAI stablecoin, announced a critical security update to its governance contract in… read more
DAI stablecoin, which is pegged to the United States dollar, is now in a relatively stable position, according to the… read more
DAI Has Been Struggling to Maintain Its $1 Peg, but the MakerDAO Community Believes It Will Soon Be Crypto’s ‘Default’ Stablecoin
Stability has become a holy grail for the crypto market, and right now, one of the biggest stablecoins is MakerDAO's… read more
Another vote about whether to raise the so-called stability fee for Maker’s ethereum (ETH)-based DAI decentralized stablecoin by 3% has… read more
Users of Decentralized Autonomous Organization (DAO) MakerDAO (MKR) look set to raise the stability fee for Maker’s DAI (DAI) stablecoin… read more
Decentralized financial contracts platform UMA has partnered with Decentralized Autonomous Organization (DAO) MakerDAO to release a token tied to the… read more
Users of Decentralized Autonomous Organization (DAO) MakerDAO (MKR) have voted to raise the so-called stability fee for Maker’s DAI (DAI)… read more
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