Unlike other top stablecoins, Dai has no central governing body that could freeze assets. A decentralized autonomous organization (DAO) regulates Dai, and smart contracts manage the stablecoin itself.
Despite the huge success of the first three Dragon Quest games, there wasn’t initially much in the way of manga or anime spin-offs. The Adventure of Dai very much changed all that, and it’s about time ...
Liquidity on Compound is shifting dramatically between assets as new rules for distribution of its governance token, COMP, take effect. Compound's website reports a gross supply of 401 million DAI ...
Coins with Ethereum's logo and US dollar bills are seen in Shiyan city, Hubei Province, China. The project has faced numerous challenges, including capital inefficiency and centralized points of ...
Dai (DAI) is a decentralized stablecoin pegged to the U.S. dollar. Unlike centralized stablecoins, Dai’s value is maintained through a system of collateralized debt and smart contracts on the Ethereum ...