Crypto Guide
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Dai (DAI)
Stablecoin that should stay at the value of 1 USD
Marketcap Ranking
Market Price (24h change)
Total Market Cap
3.4
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info_outline What is Dai
4.7
Dai Short Description
Dai is a stablecoin
Maker Smart contract platform.
Enables stable coin smart contracts.
Dai Explanation Video
Everything You Need to Know About DAI in 9 Minutes🔥 | Switcheo
The Maker Project’s DAI stablecoin has become the most popular cryptocurrency used for lending in decentralized Finance today. However, the borrowing mechanism and risks that the d ...
makerdao.comen/
Dai
Websitemore_vert
Organization: Whois Privacy Service
Name: On behalf of makerdao.com owner
Country: US
City: Seattle
Zipcode: 98108-1226
Address: P.O. Box 81226
Mail: abuse@amazonaws.com
Creation date: 2015-03-17
Expiration date: 2021-03-17
Nameserver: GUY.NS.CLOUDFLARE.COM
build Dai Product Analysis
4.6
Dai Whitepaper
Dai is a cryptocurrency that is price stabilized against the value of the U.S. Dollar. Dai is created by the Dai Stablecoin System, a decentralized platform that runs on the Ethereum blockchain.
The whitepaper of Dai is 21 Pages long.
The most influencial keywords are: Collateralized, Market, Price, Pricing, Debt, Risk, Platform, User, Governance, and Governments.
file_downloadOpen WhitepaperDai Competitors
- 1.)
Tether
Tether (USDT) is a cryptocurrency with reference to fiat currencies that is issued by Tether Limited Company. Using the technology of Blockchain, Tether allows the users to keep, send and receive digital tokens pegged to dollars, euros and yens*. *1USDT =/= 1USD - according to ToS (Terms-of-service) of Tether Limited Company - Tether tokens are not money, although they are backed by the currency used to purchase them at issuance.
- 2.)
TrueUSD
TrueUSD claim to be a stablecoin that you can redeem 1-for-1 for US dollars.
- 3.)
Digix Gold Token
Every DGX = 1 Gram of gold. You can own, save and transact Gold in tokenised form - keeping secure private ownership of your digital assets.
Dai Product Analysis
Dai was founded back in December 2017.
Its source code was released publicly on github on November 2017
under the GNU Affero General Public License v3.0 license.
Organization wise, Dais Development is Centralized
and is being developed under the lead of Georgi Georgiev.
The consensus on which the Dai network is run is called Not mineable, while
the underlying algorithm is called None.
In the current state of Dai currently is Working product
group Dai Community Analysis
2.8
Dai Communities & Events
The Maker Protocol, also known as the Multi-Collateral Dai system, allows users to generate Dai by leveraging collateral assets approved by “Maker Governance.” Maker Governance is the community organized and operated process of managing the various aspects of the Maker Protocol. Dai is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Resistant to hyperinflation due to its low volatility, Dai offers economic freedom and opportunity to anyone, anywhere.
| view_list r/makerDAO Subreddit |
| person 17,330 Subscribers |
| directions_run 154 Active Users |
| create 4 Daily Posts |
| speaker_notes 9 Daily Comments |
| view_list Telegram: Contact @akerdaoMKR Channel |
| person Members |
| directions_run Online |
Official Twitter account for Dai
| view_list @MakerDAO Channel |
| person 69,636 Followers |
| 10.28.2020 16:42 | Huge drop from @withFND! Some sweet NFTs are up for grabs, and you can use $Dai to make them yours: https://t.co/Om0KNrjgVs | 18 favorite |
| 10.27.2020 16:43 | Congrats to @bprotocoleth on their launch! Another great option for Maker Vault management. Check out the details below: https://t.co/W6Dx6gf9c0 | 24 favorite |
| 10.26.2020 17:24 | Multiple Governance Polls have been added. Voters are now able to signal their support to: 🟢Add GUSD (@Gemini) as a collateral type 🟢Add PAXG (@PaxosGlobal) as a collateral type MKR holders can signal their support at https://t.co/g9vSgxm089 More: https://t.co/2BCl0os9km | 30 favorite |
| 10.23.2020 17:30 | Dai is used all over the world. Some of the top use cases include: Inflation protection DeFi products & services Gaming Digital Art E-commerce Read about each one in detail: https://t.co/ZjsKjVbGn7 | 39 favorite |
| 10.23.2020 15:45 | An Executive Vote has been added to: 📈Increase the surplus buffer from 2M to 4M 🔮Whitelist B.Protocol on the ETHUSD Oracles (Medianizer + OSM) More info can be found here: https://t.co/6deJrBTBOO MKR holders can vote at the NEW voting portal here: https://t.co/g9vSgxm089 | 16 favorite |
| 10.22.2020 22:35 | .@SomniumSpace has big plans for VR and we're thrilled to be a part of them! Check it out: https://t.co/rxjlyJUnRx | 28 favorite |
| 10.21.2020 21:01 | Did you know Maker has weekly informal Governance Q&A sessions anyone can join to understand more about how Governance works? If you have any questions, this is the place to ask them and learn: https://t.co/CNSoC3EG7q | 32 favorite |
| 10.20.2020 18:51 | Excited to announce the new Maker Voting Portal! 🗳️ Completely redesigned with a focus on ease-of-use, it includes a TON of changes: 📄A new landing page with a quick overview of what actions are available to take right now, system stats, and highlighted recent votes. https://t.co/gMxWvhGTJr | 86 favorite |
| 10.19.2020 17:11 | Multiple Governance Polls have been added. Voters are now able to signal their support to/for: A series of Greenlight Polls for potential collateral types: 🟢UNI-V2-USDT-ETH (Uniswap USDT-WETH Liquidity Tokens) 🟢aUSDC (Aave USDC) 🟢CRO (https://t.co/6hvYFQ5FSl Coin) More 👇 | 44 favorite |
| 10.19.2020 16:30 | FriDAI Brunch #6 is going to be a good one! It will focus on inclusion and diversity while sharing learnings, advice, and encouragement from some of our friends in the space. Sign up here: https://t.co/GI55MYkVzd | 10 favorite |
There are no events for Dai in the next 3 Months
Dai Google Trends
The Google Trends chart displays the search interest on google in Dai
relative to its peak over the last year. A rising chart shows growing interest int he project.
code Dai Development Analysis
3.7
Dai Github Analysis
Code Updates (Commits)
Every change to the codebase of Dai is registered
as a commit. More active projects have many commits, dead projects nearly none.
Code line changes (+/-)
Extending a project results in many new lines of code. Changing existing code results
in nearly the same amount of additions and deletions. Projects that are growing show
a large number of code additions with relatively few deletions.
Programming languages
Repository Numbers
| star 299 Stars |
| remove_red_eye 33 Watchers |
| usb 128 Forks |
| sync_problem 11 Open Issues |
| border_color 4.21 % Comment Coverage |
| lock_open GNU Affero G License |
attach_money Dai Price Analysis
2.6
Dai Price Prediction
Predicted USD Market Price in 24h by Coinpaper
Predicted USD Market Price in 14d by Coinpaper
Converter DAI - USD
Convert between DAI and USD with the live Dai prices, aggregated from all big exchanges that trade Dai.
Market insights
Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.
account_circle Dai Team Analysis
4.8
Dai Team
Dai Team Leader
Dai Team Members (36)
launchcompare_arrows Dai Exchanges
Dai Markets
| # | Exchange | Pair | Price | 24h Volume | Trusted | |
|---|---|---|---|---|---|---|
| # 1 |  | Coinbase Pro | DAI/USD | $ 1.008814 | $ 1,284,477 | check |
| # 2 |  | Kraken | DAI/EUR | $ 1.007781 | $ 172,863 | check |
| # 3 | | Coinbase Pro | DAI/ETH | $ 1.010128 | $ 170,596 | check |
| # 4 | | Kraken | DAI/USDT | $ 1.010384 | $ 86,158 | check |
| # 5 | | Coinbase Pro | DAI/USDC | $ 1.009284 | $ 81,054 | check |
| # 6 |  | Bitfinex | DAI/USD | $ 1.008800 | $ 74,001 | check |
| # 7 | | Kraken | DAI/USD | $ 1.009530 | $ 57,398 | check |
| # 8 | | Kraken | DAI/BTC | $ 0.998150 | $ 45,646 | check |
| # 9 |  | Gemini | DAI/USD | $ 1.010650 | $ 41,479 | check |
| # 10 |  | Bittrex | DAI/BTC | $ 1.003166 | $ 34,499 | check |
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