Tag: Dai

The cryptocurrency guide for the perplexed: DAI

DAI is a stablecoin running on top of the ethereum blockchain pegged to the United States dollar. It keeps its peg through a system of smart contracts and the participants who are incentivized to perform maintenance and governance functions. It’s maintainers are a decentralized autonomous organization (DAO) called MakerDAO, and they’re probably even more interesting… Read More »The cryptocurrency guide for the perplexed: DAI

The post The cryptocurrency guide for the perplexed: DAI appeared first on Equity.Guru.