Dai – The stable Ethereum token worth $1



The token is built on the Ethereum blockchain as an ERC-20 token and was implemented on the main network in December 2017. MakerDAO uses its Dai Stablecoin System to ensure the price of Dai does not vary outside of acceptable norms in relation to the dollar. Each Dai token is backed by an …



Source link

Reply

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.