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Dai
DAI
$0.99903
-$0.00077 (-0.08%)
Past 1 day
Volume (24H)
$238.5K
Circulating Supply
5.348B
Market Cap
$5.348B
About Dai (DAI)
Dai is a crypto-backed stablecoin that seeks to maintain a soft peg with the U.S. dollar.
Dai was first described in a white paper published in December, 2017. Dai is a decentralized, crypto-collateralized stablecoin that aims to maintain a stable value relative to the U.S. dollar. It was developed by MakerDAO, a Decentralized Autonomous Organization or DAO, and runs on the Maker Protocol, a system of smart contracts that algorithmically maintains Dai’s soft peg. MakerDao built Dai to be used as a global medium of exchange and to promote economic freedom and opportunity in the world.
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Dai Blogs
OXT, LINK, BAT and DAI Trading Now Available
Team Gemini • 2 min read
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