Dai

Dai

DAI

PRICE (USD)
$ 1.00
MARKET CAP (USD)
$ 78.5 M
DAILY VOLUME (USD)
$ 1.6 M
NUMBER OF EXCHANGES
30
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Crypto Anonymous posted on June 13, 2019 23:03:08

The ERC20 token stable coin that is governed by the Maker DAO project, the Maker token is the coin used for governance of the stable price of DAI against the dollar. 1 DAI is supposed to be worth $1 without the backing of actual dollars. Backing is achieved with the staking of Ethereum in smart contracts through a complicated process that involves some kind of arbitrage. Very successful project as


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