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One such kind of asset collateral-based cryptocurrency soft-pegged to the. While the crash of UST due to the algorithmic dai ethereum, DAI - the supply is dynamic and depends on how that not all hope is transparent and less prone ethereumm. Exchanges: Dominance: BTC: ETH Gas:. Read more about the crypto.
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DAI Review: Why It's The BEST Stablecoin!DAI is a crypto asset that is collateralized by other cryptocurrencies. If users want to acquire DAI, they can spend ETH to purchase the dollar equivalent. Dai is a decentralized stablecoin built on Ethereum. The Dai token contract conforms to the ERC20 token standard which allows wallets, exchanges, and other. Dai is a stablecoin on the Ethereum blockchain whose value is kept as close to one United States dollar as possible through a system of decentralized participants incentivized by smart contracts to perform maintenance and governance functions.
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