Bitcoin has lost almost 50% of its price at the top. The altcoins were no better. Dai (DAI) is a cryptocurrency token and operates on the Ethereum platform. Find Dai (DAI) price charts and information here. Therefore it is a fully decentralized stablecoin that is unique. Dai price today is $0.999778 with a 24-hour trading volume of $650,189,870. As of April 21, 35,913 units of DAI, a stablecoin that maintains its price parity with the US dollar, are backed by real-world assets, more specifically, with units from the real estate market. Free forex prices, toplists, indices and lots more. DAI Stablecoin. The loss of value was particularly dramatic for Ethereum. Dai is now available on DeFi Swap. This involves burning or minting the DAI supply to find the balance and the price stays close to $1. The MakerDAO, which issues a decentralized stablecoin on the US dollar with DAI, is based on the platform. DAI price is down -0.2% in the last 24 hours. Get up-to-the-minute DAI price quotes, trade volume, market cap and more at Kraken. DAI coin was created in 2017 as the first decentralized stablecoin issued on the Ethereum blockchain. Dai Stablecoin (DAIUSDT) stock price, charts, trades & the US's most popular discussion forums. Finally, Q1 2021 was perhaps the most stable DAI has ever been. What is Dai? It has a circulating supply of 4.4 Billion DAI coins and a max supply of 4.44 Billion. Multi-Collateral Dai, brings a lot of new and exciting features, such as support for new CDP collateral types and Dai Savings Rate. Decentralized stablecoins for decentralized protocols. Unsurprisingly, DAI continues to benefit disproportionately from the growth of DeFi as its preferred stablecoin. Since the famed DeFi “summer of 2020” a major pain point on the Ethereum network has hindered small and retail investors from enjoying the benefits of DeFi – the exorbitant transaction fees. DAI is crypto-collateralized: one DAI equals $1, not because a third party has promised to hold a dollar for each DAI token, but because a smart contract holds a portfolio of digital assets (most commonly ETH) as collateral for each DAI purchased. Dai is stabilized by external market factors such as collateralized debt positions (CDPs), autonomous response mechanisms, and external economic incentives. The Dai price page is part of Crypto.com Price Index that features price history, price ticker, market cap and live charts for the top cryptocurrencies. The most popular decentralized stablecoin Dai (DAI) is now live on RSK network.. An Alternative to Escaping High Ethereum Fees. Sushiswap is the current most active market trading it. About Dai Coin. Crypto tokens blocked in smart contracts ensure the stability of the DAI. It doesn’t rely on third-party trusts because it is fully defi. 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