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
4.5
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
2.6
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 19,320 Subscribers |
| directions_run 367 Active Users |
| create 6 Daily Posts |
| speaker_notes 30 Daily Comments |
| view_list Telegram: Contact @MakerdaoMKR Channel |
| person Members |
| directions_run Online |
Official Twitter account for Dai
| view_list @MakerDAO Channel |
| person 85,966 Followers |
| 01.20.2021 22:48 | Have you borrowed crypto in the past? Take this quick survey and help provide meaningful feedback to better the experience! There are swag and Dai prizes too! 👕🪙 https://t.co/DzTYCnteVj | 46 favorite |
| 01.20.2021 19:50 | The crypto and #DeFi ecosystems are evolving at breakneck speed, but that means it can be tough for users to keep up and avoid making mistakes. Here are nine common missteps users make, including a few specific to the Maker Protocol & Dai: https://t.co/tk8rCoaXNr | 24 favorite |
| 01.19.2021 16:12 | An urgent Executive Vote just passed to: 📈Increase ETH-A Debt Ceiling from 750M Dai to 1B Dai 📈Increase WBTC-A Debt Ceiling from 160M Dai to 210M Dai This increased the global debt ceiling by 310M Dai. See more at https://t.co/g9vSgxm089 | 68 favorite |
| 01.18.2021 17:28 | A series of 21 (!) new Governance Polls have been added to the voting portal to signal support for/against the following 📈Debt Ceiling increases: LINK-A from 10M to 20M MANA-A from 250K to 1M ETH-A from 750M to 1B WBTC-A from 160M to 210M | 64 favorite |
| 01.15.2021 21:11 | An Executive Vote has been added to the voting portal to: 📝Whitelist @SetProtocol on Multiple Oracles ↕️Stability Fee Changes 📝Whitelist @gnosisPM on Multiple Oracles 🛠️Adjust FLAP Auction Parameters 📈Increase System Surplus Buffer from 4M to 10M More 👇 | 58 favorite |
| 01.11.2021 17:10 | A Governance Poll has been added to the voting portal to signal support for/against the following inclusion polls: 🛠️CropJoin - Farmable cUSDC Adaptor (MIP30) 👷♂️Onboarding Sébastien Derivaux to the Risk Domain (MIP7c3-SP5) More 👇 | 34 favorite |
| 01.08.2021 23:20 | Join Maker devs next Tuesday for the @0xPoland meet-up focused on building a thriving Ethereum community! Check out the details below: https://t.co/CJkZtXU3TN | 32 favorite |
| 01.08.2021 16:38 | Congratulations to the winners of the @zed_run Naming Competition! Some great Maker & Dai-themed names here 🤣🏇 https://t.co/rICAm1IkL0 | 17 favorite |
| 01.04.2021 23:30 | An executive vote has been added to the voting portal to: 📈Increase ETH-A Debt Ceiling 📈Increase USDC-A Debt Ceiling MKR holders can vote at https://t.co/g9vSgxm089 More: https://t.co/lGouEvc9mR | 39 favorite |
| 12.18.2020 20:47 | An executive vote has been added to the voting portal to: 🪙Onboard $Aave (@AaveAave) as a new Collateral Type 🪙Onboard UNI-V2-DAI-ETH (@UniswapProtocol V2 DAI-ETH LP Token) as a new Collateral Type More 👇 | 107 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 326 Stars |
| remove_red_eye 30 Watchers |
| usb 137 Forks |
| sync_problem 10 Open Issues |
| border_color 4.25 % Comment Coverage |
| lock_open GNU Affero G License |
attach_money Dai Price Analysis
3.9
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 | $ 1.000516 | $ 26,739,647 | check |
| # 2 |  | Binance | DAI/USDT | $ 1.002262 | $ 22,844,132 | check |
| # 3 | | Binance | DAI/BTC | $ 1.001219 | $ 20,154,779 | check |
| # 4 | | Coinbase Pro | DAI/ETH | $ 0.998467 | $ 10,185,370 | check |
| # 5 | | Binance | DAI/BUSD | $ 1.001628 | $ 7,980,197 | check |
| # 6 |  | Kraken | DAI/USD | $ 1.000860 | $ 3,350,862 | check |
| # 7 | | Coinbase Pro | DAI/USDC | $ 1.001156 | $ 2,454,914 | check |
| # 8 | | Kraken | DAI/BTC | $ 1.002127 | $ 1,112,547 | check |
| # 9 | | Kraken | DAI/ETH | $ 1.004672 | $ 1,094,511 | check |
| # 10 | | Kraken | DAI/EUR | $ 1.003388 | $ 626,694 | check |
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