Dai DAI| Crypto Markets | Crypto Currency coingabbar.com
DAI is an Ethereum-based stablecoin whose issuance and development are governed by the Maker Protocol and the MakerDAO decentralised autonomous organisation. The price of DAI is soft-pegged to the US dollar and is collateralized by a mixture of other cryptocurrencies that are put into smart-contract vaults each time fresh DAI is produced.
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