world

DAI Price Today


24 May 2024 11:52:19
Rp 15,976
   2.41 %
24 May 2024 11:52:19
Rp 15,976
   1.49 %
24 May 2024 11:52:19
Rp 15,976
   1.38 %
24 May 2024 11:52:19
Rp 15,976
   3.48 %
24 May 2024 11:52:19
Rp 15,976
   10.48 %

Auto-buy your crypto assets on a daily, weekly, monthly basis. In convenience way without hustle.

Try Now

Market Statistic

24H Volume

Rp 7,00 T

Market Cap

Rp 85,16 T

Circulating Supply

5,29 B DAI

Trading Activity

0% Buy ;  0% Sell

Popularity

#18

Stablecoin

About DAI

DAI is a decentralized stablecoin created in 2015 by MakerDAO and built on the Ethereum blockchain. MakerDAO is a decentralized autonomous organization (a kind of company that runs itself in a decentralized manner via the use of smart contracts) on the Ethereum blockchain. DAI aims to be a truly decentralized crypto asset.

Why DAI is Unique

  1. DAI's reserve funds are a mix of other crypto assets as collateral every time a new DAI is minted (created) and soft-pegged to the US dollar
  2. DAI isn't run by a private company but by a decentralized autonomous organization using software protocol
  3. DAI is developed more democratically - by direct voting using its governing tokens Maker (MKR)
  4. DAI's system is more transparent and less prone to corruption

What Gives DAI Value?

  1. DAI is using crypto assets loaned and pledged in ETH for its reserved funds
  2. A stable price following US Dollar

What Affects the Price of DAI?

  1. US dollar's price
  2. Supply and demand of DAI

How Secure is The DAI Network?

DAI is an Ethereum-based, ERC-20-compatible token. Therefore, it is secured by Ethereum's Ethash algorithm.

FAQ

What makes Dai different from other stablecoins?
Compared to other stablecoins, Dai claims to be a truly decentralized stablecoin because MakerDAO is an autonomous body rather than a company.

Is one Dai always worth exactly one USD?
No, DAI is soft-pegged and doesn't perfectly track the price of US dollar. But, DAI offers stability and low volatility against the US dollar.

Trending Assets

Cardano

Rp 7,519

ADA

  -3.88%

Cosmos

Rp 136,067

ATOM

  -1.58%

Algorand

Rp 2,951

ALGO

  -2.02%

Arkham

Rp 38,468

ARKM

  -4.5%

Conflux

Rp 3,676

CFX

  -4.02%

Avalanche

Rp 623,842

AVAX

  -2.97%

BNB

Rp 9,684,361

BNB

  -2.44%

Bitcoin

Rp 1,092,327,000

BTC

  -2.23%

See More