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
3.1
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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: 2022-03-17
Nameserver: GUY.NS.CLOUDFLARE.COM
build Dai Product Analysis
4.4
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 23,094 Subscribers |
| directions_run 366 Active Users |
| create 3 Daily Posts |
| speaker_notes 1 Daily Comments |
| view_list Telegram: Contact @MakerdaoMKR Channel |
| person Members |
| directions_run Online |
Official Twitter account for Dai
| view_list @MakerDAO Channel |
| person 124,742 Followers |
| 03.19.2021 18:34 | An executive vote has been added to the voting portal to: 📈Increase the ETH-A Maximum Debt Ceiling from 2.5 billion DAI to 15 billion DAI. 📈Increase the WBTC-A Maximum Debt Ceiling from 350 million DAI to 750 million DAI. More 👇 | 167 favorite |
| 03.19.2021 16:37 | Blockchain bridges enable interoperability between different networks, such as Bitcoin and Ethereum, and between a parent blockchain and its child (sidechain). Read more about why they're important for #DeFi: https://t.co/qcXbW5P89u | 34 favorite |
| 03.15.2021 17:05 | A number of governance polls have been added to the voting portal. 🟢Community Greenlight polls for: SNX (Synthetix) sUSD (Synthetix USD) aAAVE (Aave AAVE) aWETH (Aave wETH) SolarX (Uprets/SolarX REIT) xSUSHI (Sushibar) More 👇 | 175 favorite |
| 03.12.2021 17:30 | An executive vote has been added to the voting portal to: 🪙Onboard ETH-C as a new collateral type (vaults would have different parameters than ETH-A and ETH-B) ↕️Stability Fee changes to multiple collateral types More 👇 | 28 favorite |
| 03.12.2021 16:26 | [INFOGRAPHIC] Explore a brief history of #DeFi. 🧠 A look at the history and amazing trajectory of decentralized finance (DeFi), and why many believe it’s important to the future of finance. Full blog + image download: https://t.co/rWsTE0RNOe https://t.co/PbQwPbCiHW | 58 favorite |
| 03.08.2021 17:41 | Maker Foundation Board Chairperson @IPProfEvans discusses her passion for #DeFi and its potential to welcome minorities and offer financial inclusion for all: https://t.co/ZykbU0UzHI | 43 favorite |
| 03.05.2021 20:00 | An executive vote has been added to the voting portal to: 🛠️Parameter Updates 🏘️Onboarding Real World Asset 001 (RWA-001) MKR holders can vote at https://t.co/g9vSgxm089 Read more about the proposal here: https://t.co/OJ5lvZiTiN | 29 favorite |
| 03.04.2021 17:54 | Maker Improvement Proposals (MIPs) are how changes and additions to the Maker Protocol and the DAO are suggested to the governance community. A new MIPs Portal has been developed to help the community more easily keep up with developments. Read more: https://t.co/Ey2miTi9MF | 27 favorite |
| 03.03.2021 16:30 | 📅This Tuesday, March 9th @ 18:00! @bkiepuszewski from Maker will give his presentation "Blockchain Architect at Maker: Intro to Level 2 solutions" Sign up for the online meetup here: https://t.co/NVXA5xrdv4 | 31 favorite |
| 03.02.2021 17:39 | The latest Making Maker is live! Get up to speed on all things Maker that took place in February, including the most recent blogs, events, and governance updates. https://t.co/f1zjoEqujh https://t.co/HXZcAVh8W7 | 38 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
3.3
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 345 Stars |
| remove_red_eye 31 Watchers |
| usb 143 Forks |
| sync_problem 9 Open Issues |
| border_color 4.3 % Comment Coverage |
| lock_open GNU Affero G License |
attach_money Dai Price Analysis
3.2
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 |  | Binance | DAI/USDT | $ 1.001070 | $ 8,271,867 | check |
| # 2 |  | Coinbase Pro | DAI/USD | $ 1.000933 | $ 6,927,513 | check |
| # 3 | | Binance | DAI/ETH | $ 1.000903 | $ 5,083,135 | check |
| # 4 | | Binance | DAI/BTC | $ 0.996701 | $ 2,717,170 | check |
| # 5 | | Binance | DAI/BUSD | $ 1.000464 | $ 2,460,034 | check |
| # 6 | | Coinbase Pro | DAI/ETH | $ 0.999665 | $ 1,109,564 | check |
| # 7 |  | Kraken | DAI/EUR | $ 1.000931 | $ 953,830 | check |
| # 8 | | Coinbase Pro | DAI/USDC | $ 0.998705 | $ 947,514 | check |
| # 9 | | Kraken | DAI/USD | $ 1.000910 | $ 643,180 | check |
| # 10 | | Kraken | DAI/USDT | $ 1.000558 | $ 414,579 | check |
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