Read the latest Dai news and analysis from the TipRanks news team.
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Dai and Blockchain Related Companies
These are companies that are actively involved in the development and utilization of Dai and blockchain technologies
Name
Price
Price Change
Analyst Price Target
Analyst Consensus
Smart Score
Top Analysts' Price Target
Most Accurate Analyst
Most Profitable Analyst
Yearly Gain
Follow
Currently, no data available
Rows:
10
Dai FAQ
What is the price of one Dai?
The live price of Dai (DAI-USD) is $1.00.
What’s Dai All-Time High?
Dai's (DAI-USD) all-time high is $4.22.
What is the total supply of Dai?
The total supply of Dai (DAI-USD) is 3.32B coins.
What is Dai dominance?
Dai (DAI-USD) dominance is at 0.11%.
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What is Dai?
Dai
Governed by the MakerDAO and Maker Protocol, this stablecoin is collateralized by multiple cryptocurrencies and pegged to USD.
New DAI tokens can be generated by depositing cryptocurrency assets on the Maker protocol and using the collateral to borrow in DAI. The process of issuing or burning DAI is decentralized and all transactions are recorded in smart contracts, which adds transparency. Furthermore, DAI’s peg to USD provides safety against the volatility in crypto prices.
The Dai ecosystem continues to grow and more than 400 applications and services have already integrated Dai.