Crypto Guide
coinpaper.io Explained
Dai (DAI)
Stablecoin that should stay at the value of 1 USD
Marketcap Ranking
Market Price (24h change)
Total Market Cap
3.2
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info_outline What is Dai
4.4
Dai Short Description
Theā āDaiā āStablecoinā āisā āaā ācollateral-backedā ācryptocurrencyā āwhoseā āvalueā āisā āstableā ārelativeā ātoā āthe USā āDollar.ā āWeā ābelieveā āthatā āstableā ādigitalā āassetsā ālikeā āDaiā āStablecoinā āareā āessentialā ātoā ārealizing theā āfullā āpotentialā āofā āblockchainā ātechnology.
Makerā āisā āaā āsmartā ācontractā āplatformā āonā āEthereumā āthatā ābacksā āandā āstabilizesā ātheā āvalueā āofā āDai throughā āaā ādynamicā āsystemā āofā āCollateralizedā āDebtā āPositionsā ā(CDPs),ā āautonomousā āfeedback mechanisms,ā āandā āappropriatelyā āincentivizedā āexternalā āactors.
Makerā āenablesā āanyoneā ātoā āleverageā ātheirā āEthereumā āassetsā ātoā āgenerateā āDaiā āonā ātheā āMaker Platform.ā āOnceā āgenerated,ā āDaiā ācanā ābeā āusedā āinā ātheā āsameā āmannerā āasā āanyā āother cryptocurrency:ā āitā ācanā ābeā āfreelyā āsentā ātoā āothers,ā āusedā āasā āpaymentsā āforā āgoodsā āandā āservices,ā āor heldā āasā ālongā ātermā āsavings.ā āImportantly,ā ātheā āgenerationā āofā āDaiā āalsoā ācreatesā ātheā ācomponents neededā āforā āaā ārobustā ādecentralizedā āmarginā ātradingā āplatform..
Dai Explanation Video
Money MakerDao Machine. Donāt Miss This Opportunity!! CDP Loan Tutorial: Borrow Dai Stablecoin | Chico Crypto
The GAME CHANGING project known as MakerDAO is running full steam ahead and today I am bringing you a tutorial on how to participate in the system by ...
www.makerdao.com
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: registrar-abuse@amazon.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
2.6
Dai Communities & Events
Learn more about Maker, chat with the team, and have your say in shaping the future of commerce on the blockchain.
| view_list r/makerDAO Subreddit |
| person 13,160 Subscribers |
| directions_run 329 Active Users |
| create 4 Daily Posts |
| speaker_notes 25 Daily Comments |
| view_list Telegram: Contact @MakerdaoMKR Channel |
| person Members |
| directions_run Online |
Official Twitter account for Dai
| view_list @MakerDAO Channel |
| person 43,147 Followers |
| 05.22.2020 16:01 | The Maker Foundation Interim Governance Facilitator has placed an Executive Vote proposal into the voting system to: š¢Change the Stability Fee Structure to allow a negative Base Rate ā¬ļøRaise the USDC Stability Fee from 0% to 0.75% Read more: https://t.co/097pSUwlxN | 26 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
3.4
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 280 Stars |
| remove_red_eye 36 Watchers |
| usb 110 Forks |
| sync_problem 12 Open Issues |
| border_color 0.13 % Comment Coverage |
| lock_open GNU Affero G License |
attach_money Dai Price Analysis
2.3
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)
launchGeorgi Georgiev
Developer
launchDavid Currin
Product architect
launchJames Reidy
Sysadmin and liquidity developer
compare_arrows Dai Exchanges
Dai Markets
| # | Exchange | Pair | Price | 24h Volume | Trusted | |
|---|---|---|---|---|---|---|
| # 1 |  | Coinbase Pro | DAI/USD | $ 1.003875 | $ 582,482 | check |
| # 2 | | Coinbase Pro | DAI/USDC | $ 1.005292 | $ 190,747 | check |
| # 3 | | Coinbase Pro | DAI/ETH | $ 1.005965 | $ 79,361 | check |
| # 4 |  | Kraken | DAI/USD | $ 1.003820 | $ 36,282 | check |
| # 5 |  | Bitfinex | DAI/USD | $ 1.006700 | $ 33,321 | check |
| # 6 | | Kraken | DAI/EUR | $ 1.004220 | $ 28,745 | check |
| # 7 | | Kraken | DAI/USDT | $ 1.005567 | $ 22,826 | check |
| # 8 |  | Bittrex | DAI/BTC | $ 1.004491 | $ 13,451 | check |
| # 9 | | Kraken | DAI/BTC | $ 1.004572 | $ 12,490 | check |
| # 10 | | Bittrex | DAI/USDT | $ 1.012710 | $ 9,009 | check |
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