DAI
MakerDAO

DAI

MakerDAO
10.88%
APY
Info
Earn
DAI
DAI
TVL
Protocol
Network
Ethereum
Ethereum
PnL
1D
0.03%
1W
0.2%
1M
0.89%
1Y
10.88%
About
Crypto
Price
$0.99
Market cap
$5.36B
Contract
0x6b17...1d0f
FAQ
MakerDAO is a decentralized, autonomous credit platform running on the Ethereum network. The DAI stablecoin is issued by an Ethereum-based protocol that also makes it possible to get loans secured by collateral without the need for an intermediary.
DAI is collateralized by other crypto assets. By securing other crypto in contracts, it aims to keep a steady 1:1 value with the US dollar.
You can use the MakerDAO Protocol to get DAI by using ETH or other crypto assets as collateral. Or, you can swap ETH for an equal amount of DAI.
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