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Dai Price Today

Dai (DAI) Price, Value, Chart, and News

62 Dai Price: $1.02 0.77%

 
Market Cap Volume 24h Circulating Supply Max Supply
$55,360,807 USD $7,890,526 USD 54,318,632 DAI 55,242,087 DAI

What is Dai?

The?

? Dai? ? Stablecoin? ? is? ? a? ? collateral-backed? ? cryptocurrency? ? whose? ? value? ? is? ? stable? ? Relative? ? to? ? The US? ? Money. ? ? We? ? Think? ? that? ? stable? ? digital? ? assets? ? like? ? Dai? ? Stablecoin? ? are? ? essential? ? to? ? Realizing the? ? full? ? potential? ? of? ? blockchain? ? technology. Maker? ? is? ? a? ? Smart? ? contract? ? platform? ? on? ? Ethereum? ? that? ? backs? ? and? ? stabilizes? ? the? ? value? ? of? ? Dai through? ? a? ? Dynamic? ? system? ? of? ? Collateralized? ? Debt? ? Positions? ? (CDPs),? ? Autonomous? ? Feedback mechanisms,? ? and? ? appropriately? ? incentivized? ? external? ? actors. Maker? ? enables? ? Anybody? ? to? ? leverage? ? their? ? Ethereum? ? assets? ? to? ? generate? ? Dai? ? on? ? the? ? Maker Platform. ? ? Once? ? generated,? ? Dai? ? can? ? be? ? used? ? in? ? the? ? Same? ? manner? ? as? ? any? ? Additional cryptocurrency:? ? it? ? can? ? be? ? Publicly? ? sent? ? to? ? others,? ? used? ? as? ? payments? ? for? ? Goods? ? and? ? services,? ? or held? ? as? ? long? ? Term? ? savings. ? ? Importantly,? ? the? ? Generation? ? of? ? Dai? ? Also? ? creates? ? the? ? Components required? ? for? ? a? ? Strong? ? decentralized? ? margin? ? trading? ? platform.

DAI Information

Issued Type Protocol Algorithm
2017-12-25 (- USD) TOKEN POW Ethash
Website Source Code Explorer
Dai Official Website Dai Github 1 

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