Dai (DAI) is a USD-pegged stablecoin built on the Ethereum blockchain, and has no centralized authority. Its $1 USD equivalent is maintained through automatic pricing mechanisms built into smart contracts. When Dai is worth more than $1, the smart contract pricing mechanisms works to decrease the price. Conversely, when Dai is worth below $1, the smart contract pricing mechanisms works to increase the price. Dai can be freely traded like any other ERC20 token, and anyone with an Ethereum wallet can own, accept, and transfer it without a middleman.
Dai is an asset-backed, hard currency for the 21st century. The first decentralized stablecoin on the Ethereum blockchain. With Dai, anyone, anywhere has the freedom to choose a money they can place their confidence in. A money that maintains its purchasing power. Dai is a reliable source of stability in the face of volatility. Every Dai is backed in excess by collateral at all times, so you never have to worry about its value moving up or down.
The world’s first unbiased currency. Dai is a stable, decentralized currency that does not discriminate. Any individual or business can realize the advantages of digital money.
Lock your Dai with the other 249.82M earning the Dai Savings Rate set by the Maker community. Anyone with an internet connection can deposit DAI, and earn savings instantly. No fees. No minimums. No speculation.
When there was too much risk and volatility in the markets I decided to trade for DAI and deposit it in Oasis Save. It gave me peace of mind because I knew what my return would be, no more sleepless nights worrying about flash crashes
* Forex Rating accepts no liability for any errors in the Dai Price or DAI Information. For the most recent information please visit the Dai official site.
In the growth and development of Bitcoin towards a mainstream financial asset, the desire to have a Bitcoin ETF has been high on the wish list. Many companies...
21 Oct 2021
Today is the day that crypto traders have so eagerly been waiting for, as the ProShares Bitcoin Strategy ETF is now ready to invest in bitcoin futures and, according...
19 Oct 2021
Bitcoin has attracted a fair bit of attention in the last few days, hitting $62,857 and just shy of a new all-time high. Sentiment remains buoyant as we head past weekend...
18 Oct 2021
Hopes that a Bitcoin futures ETF would be approved by the SEC have supported the price in recent weeks. Some exchanges show the world’s largest cryptocurrency reached $60,000...
18 Oct 2021
The price of Bitcoin jumped towards its all-time high on Friday morning after a Bloomberg report said the US Securities and Exchange Commission (SEC) is set to allow...
15 Oct 2021
The price of Bitcoin resumed its path higher on Thursday with markets still hopeful that a Bitcoin ETF, most likely based on Bitcoin Futures, will be approved by...
14 Oct 2021
RatingsForex Brokers Expert Advisors Trading Platforms Cryptocurrencies
Forex BrokersReviews & Comments Low Spread Brokers MT5 Brokers MT4 Brokers Bitcoin Brokers PayPal Brokers Scalping Brokers Best Forex Brokers Top Forex Brokers Compare Brokers How to Choose Open Forex Account
© 2006-2021 Forex-Ratings.com
The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.