DAI Stablecoin: The Philosophy Behind

DAI Stablecoin

Dai is a cryptocurrency-backed stable coin that can be generated by keeping any asset as a collateral in the protocol. According to the whitepaper of Maker protocol, Dai is a decentralized, unbiased, collateral backed cryptocurrency soft pegged to the US dollar. Read more in this article.

MakerDAO: A Comprehensive Overview

MakerDAO

MakerDAO project joins a DAO with another crypto-collateralized stablecoin called DAI. The aim is to build a complete, decentralized finance ecosystem that permits loans and savings on the Ethereum blockchain network.