DAI

DAI is the stablecoin of MakerDAO, a well-known DeFi protocol on Ethereum blockchain. Pegged like other popular stablecoins to the value of the U.S. dollar, however, DAI lacks any central authority behind its back.

31 Jan 2022

Stablecoins: definition and examples

Stablecoins try to answer questions such as "can a cryptocurrency extricate itself from volatility?" and "how to protect purchasing power over time?"

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