Dai
DAI

$ 1.00 / Ƀ 0.00003766

Marketcap

$ 3,833,533,848

Volume

$ 75,167,980

Circulating

3,832,503,030 DAI

Total supply

3,832,511,835 DAI

All time high

$ 1.22

Difference between ATH

18.03%

Date last ATH

March 13, 2020

Days since ATH

1289

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Latest Dai updates on March 28th

2023-03-23 : 1️⃣ DAI Liquidity Buffer (DLB) Proposal:

The DAI Liquidity Buffer (DLB) proposal outlines a reserve requirement that… https://t.co/4Y4sKv7F8s


On March 27th, 2023, the Maker Governance successfully approved the Maker Constitution, which includes Scopes and Scope Frameworks to establish clear areas of responsibility and control for MakerDAO, the Maker Protocol, and DAI. Specifically, the Constitution includes two proposals: the DAI Liquidity Buffer (DLB) and the Direct-Deposit Module (D3M). The DLB proposal outlines a reserve requirement that seeks to enforce a fixed liquidity buffer on the DAI Pool, and the D3M credit line connects to the Maker Protocol and allows DAI holders to open a credit line in the Maker Protocol and withdraw their DAI. The Endgame Era is now upon us.

What is Dai ?

Introducing Dai: An Unbiased Global Financial System

Dai is an unbiased global financial system created by MakerDAO, a decentralized platform that enables anyone to access the financial system without any bias. The platform has been designed in such a way that it serves both individuals and organizations in all parts of the world.

Dai is a cryptocurrency that is backed by a basket of real-world assets, including fiat currencies, commodities, and stablecoins. This ensures that the value of Dai remains stable, no matter what the market conditions are. As a result, Dai can be used for safe and secure transactions in any part of the world.

The MakerDAO platform is powered by the Ethereum blockchain and uses smart contracts to facilitate financial transactions. This ensures that all transactions are secure and immutable. Moreover, the platform also provides users with a secure, decentralized wallet that can be used to store and manage Dai.

Dai has several advantages that make it a great choice for anyone looking for an unbiased financial system. First, it is designed to be stable, making it a great choice for those looking to store their money without worrying about market fluctuations. Second, users can also benefit from low transaction fees, as the platform does not include any hidden costs. Finally, Dai is also a great choice for those looking to invest or trade in cryptocurrencies, as it is backed by real-world assets.

Overall, Dai is a great choice for anyone looking for an unbiased global financial system. With its low transaction fees, secure wallet, and stable value, it is a great choice for anyone looking to access the financial system without any bias.

This article was published on 2023-01-28 by Marc Endevor. Information shown in this article was gathered from the project’s website and Twitter account. Coinvestigate cannot guarantee the accuracy of this information, or any news that may have impacted the project in the meantime.

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What is the price & marketcap of Dai?

Dai is a cryptocurrency with a price of $ 1.00 and marketcap of $ 3,833,533,848. Dai’s market price has increased 0.05% in the last 24 hours. It ranks 20 amongst all cryptocurrencies with daily volume of $ 75,167,980.

DAI / USD Historical prices

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Past updates about Dai

Published on 2023-01-24 : Recently, MakerDAO has had some important updates regarding their project. On January 23rd, the Risk Core Unit proposed a liquidation parameter for USDC-A, USDP-A and GUSD-A vault types which was then voted on in an on-chain Governance Poll. Following this, Maker Governance voted to deploy 100 million USDC from the PSM into a bespoke @iearnfinance on-chain vault as part of the MIP92 proposal. Furthermore, OlympusDAO Governance has voted in favor of deploying 77 million DAI into the DSR. Additionally, the decision opens the way for MakerDAO to earn an estimated 2% annual yield by depositing Circle’s USDC from its reserve. These updates demonstrate MakerDAO’s active involvement in their project and their commitment to providing beneficial changes for all users.

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