Cryptocurrency
The Crash of Algorithmic Stablecoins and its Impact on Dai (DAI)
The Crash of Algorithmic Stablecoins and its Impact on Dai (DAI)
Dai (DAI)
What Is Dai (DAI)? Dai (DAI) is a stablecoin cryptocurrency that is decentralized and pegged to the value of the US dollar. It was created by MakerDAO, a decentralized autonomous organization that operates on the Ethereum blockchain. Here are some key points about Dai: 1. Stability: Dai is designed to maintain a stable value of […]
