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DAI (MakerDAO)

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About DAI

Dai is a stablecoin designed to trade as closely to $1 as possible. Unlike most other stablecoins, Dai is collateralized exclusively by other crypto assets. This is facilitated through the Maker protocol on the Ethereum blockchain, where crypto assets like ETH, BAT and USDC can be locked as collateral in order to borrow DAI tokens. The Maker protocol and the Dai stablecoin play a big role in Ethereum’s decentralized finance (DeFi) ecosystem.

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Recent Blogs

Multi-Collateral Dai Price Forecast: A Promising Uptrend on the Horizon April 10, 2023
EU Tax for Maker DAI (DAI) March 19, 2023
Cryptocurrency Taxes in Canada: A Deep Dive into DAI February 21, 2023