DAI

DAI

DAI
$1.02
+0.27%
Edit
  • Market Cap
    $386,024,616
  • 24h Vol (Global)
    ฿774 ($8,695,032)
  • Circulating Supply
    378,566,849
  • Issue Date
    2017-12-25
  • Issue Price
    -
  • 1m
  • 5m
  • 15m
  • 30m
  • 1h
  • 2h
  • 4h
  • 6h
  • 12h
  • 1d
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Max SupplyCirculating SupplyIssue DateIssue PriceConsensus ProtocolExplorer
55,242,087378,566,8492017-12-25-POW1
etherscan.io
2
ethplorer.io
Total SupplyCryptographic AlgorithmSource CodeWhite PaperWebsiteType
378,566,849Ethashhttps://github.com/makerdao/https://makerdao.com/TOKEN

The​ ​Dai​ ​Stablecoin​ ​is​ ​a​ ​collateral-backed​ ​cryptocurrency​ ​whose​ ​value​ ​is​ ​stable​ ​relative​ ​to​ ​the US​ ​Dollar.​ ​We​ ​believe​ ​that​ ​stable​ ​digital​ ​assets​ ​like​ ​Dai​ ​Stablecoin​ ​are​ ​essential​ ​to​ ​realizing the​ ​full​ ​potential​ ​of​ ​blockchain​ ​technology. Maker​ ​is​ ​a​ ​smart​ ​contract​ ​platform​ ​on​ ​Ethereum​ ​that​ ​backs​ ​and​ ​stabilizes​ ​the​ ​value​ ​of​ ​Dai through​ ​a​ ​dynamic​ ​system​ ​of​ ​Collateralized​ ​Debt​ ​Positions​ ​(CDPs),​ ​autonomous​ ​feedback mechanisms,​ ​and​ ​appropriately​ ​incentivized​ ​external​ ​actors. Maker​ ​enables​ ​anyone​ ​to​ ​leverage​ ​their​ ​Ethereum​ ​assets​ ​to​ ​generate​ ​Dai​ ​on​ ​the​ ​Maker Platform.​ ​Once​ ​generated,​ ​Dai​ ​can​ ​be​ ​used​ ​in​ ​the​ ​same​ ​manner​ ​as​ ​any​ ​other cryptocurrency:​ ​it​ ​can​ ​be​ ​freely​ ​sent​ ​to​ ​others,​ ​used​ ​as​ ​payments​ ​for​ ​goods​ ​and​ ​services,​ ​or held​ ​as​ ​long​ ​term​ ​savings.​ ​Importantly,​ ​the​ ​generation​ ​of​ ​Dai​ ​also​ ​creates​ ​the​ ​components needed​ ​for​ ​a​ ​robust​ ​decentralized​ ​margin​ ​trading​ ​platform.

Teams
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    No Teams Information

Introduction

The​ ​Dai​ ​Stablecoin​ ​is​ ​a​ ​collateral-backed​ ​cryptocurrency​ ​whose​ ​value​ ​is​ ​stable​ ​relative​ ​to​ ​the US​ ​Dollar.​ ​We​ ​believe​ ​that​ ​stable​ ​digital​ ​assets​ ​like​ ​Dai​ ​Stablecoin​ ​are​ ​essential​ ​to​ ​realizing the​ ​full​ ​potential​ ​of​ ​blockchain​ ​technology. Maker​ ​is​ ​a​ ​smart​ ​contract​ ​platform​ ​on​ ​Ethereum​ ​that​ ​backs​ ​and​ ​stabilizes​ ​the​ ​value​ ​of​ ​Dai through​ ​a​ ​dynamic​ ​system​ ​of​ ​Collateralized​ ​Debt​ ​Positions​ ​(CDPs),​ ​autonomous​ ​feedback mechanisms,​ ​and​ ​appropriately​ ​incentivized​ ​external​ ​actors. Maker​ ​enables​ ​anyone​ ​to​ ​leverage​ ​their​ ​Ethereum​ ​assets​ ​to​ ​generate​ ​Dai​ ​on​ ​the​ ​Maker Platform.​ ​Once​ ​generated,​ ​Dai​ ​can​ ​be​ ​used​ ​in​ ​the​ ​same​ ​manner​ ​as​ ​any​ ​other cryptocurrency:​ ​it​ ​can​ ​be​ ​freely​ ​sent​ ​to​ ​others,​ ​used​ ​as​ ​payments​ ​for​ ​goods​ ​and​ ​services,​ ​or held​ ​as​ ​long​ ​term​ ​savings.​ ​Importantly,​ ​the​ ​generation​ ​of​ ​Dai​ ​also​ ​creates​ ​the​ ​components needed​ ​for​ ​a​ ​robust​ ​decentralized​ ​margin​ ​trading​ ​platform.

Social Media
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2020-04-07
Rune Christensen: ‘Our Job Is to Support Whatever the Maker Community Decides’
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