DAI is a stablecoin issued by MakerDAO and backed by crypto collaterals (such as ETH), that can be viewed publicly on the Ethereum Blockchain. Its value is pegged to the US dollar, meaning its value is always approximately $1 USD. Because of this, it’s a great cryptocurrency to buy and sell, or avoiding price volatility.
Its value is maintained through a series of decentralized smart contracts, and no one party controls it.
Why is AlphaWallet the best wallet for DAI?
SVG
Download DAI Stable Coin vector (SVG) logo
EPS
Download DAI Stable Coin vector (EPS) logo