REINNO unleashes interest-earning Dai accounts
Connecticut-based FinTech REINNO has partnered with MakerDAO and integrated its protocol to offer investors the opportunity to earn fixed interest on Dai stablecoin.
https://ibsintelligence.com/ibs-journal/ibs-news/reinno-unleashes-interest-earning-dai-accounts/
Topic: Dai Stablecoin - page 2. (Read 722 times)
OKEx Debuts Dai Stablecoin Staking Bonus as Tether Dwarfs Volumes
Malta-based cryptocurrency exchange OKEx has added support for a new feature that allows users of stablecoin Dai (DAI) to earn interest by staking their holdings.
https://cointelegraph.com/news/okex-debuts-dai-stablecoin-staking-bonus-as-tether-dwarfs-volumes
Malta-based cryptocurrency exchange OKEx has added support for a new feature that allows users of stablecoin Dai (DAI) to earn interest by staking their holdings.
https://cointelegraph.com/news/okex-debuts-dai-stablecoin-staking-bonus-as-tether-dwarfs-volumes
Came across this purported stablecoin Dai:
https://makerdao.com/whitepaper/DaiDec17WP.pdf
Only, like others, I do not see how it is sustainable or a good idea.
Ether (and other cryptocurrencies in the future) is locked into a smart contract and held as collateral. However, if the value of ether plummets, then there will not be enough collateral to cover the 1.00 USD price of Dai. They describe 2 other mechanisms to stabilize the price, but in a falling market, none of them will be sufficient.
The Bank of England learned in 1992, the hard way, that their peg could not be maintained. Why do these crypto companies think that they can achieve it?
Although you feel quite similar to other stablecoins, DAI is really making a difference. The first thing is that the transaction fee is very cheap and this is one of the things that users love when using DAI and trading it. Besides, it is being used to allocate money to bloggers in Steemit. it works great and it also has an ICO policy for the projects they support. Investors can pay back at any time and only need to pay a fee of about 16%. You can read it on the DAI main page. https://makerdao.com/whitepaper/DaiDec17WP.pdf
Only, like others, I do not see how it is sustainable or a good idea.
Ether (and other cryptocurrencies in the future) is locked into a smart contract and held as collateral. However, if the value of ether plummets, then there will not be enough collateral to cover the 1.00 USD price of Dai. They describe 2 other mechanisms to stabilize the price, but in a falling market, none of them will be sufficient.
The Bank of England learned in 1992, the hard way, that their peg could not be maintained. Why do these crypto companies think that they can achieve it?
AirSwap Offers Up to $20,000 For Its Bug Bounty
Ethereum (ETH) decentralized exchange protocol AirSwap announced that it is running a bug bounty program with rewards up to 20,000 DAI (worth $20,000). It begins now and continues indefinitely.
https://cointelegraph.com/news/airswap-offers-up-to-20-000-for-its-bug-bounty
Ethereum (ETH) decentralized exchange protocol AirSwap announced that it is running a bug bounty program with rewards up to 20,000 DAI (worth $20,000). It begins now and continues indefinitely.
https://cointelegraph.com/news/airswap-offers-up-to-20-000-for-its-bug-bounty
(DAI) is a USD-pegged stablecoin based on the Ethereum blockchain, and has no brought together expert. Its $1 USD proportionate is kept up through programmed evaluating components incorporated with brilliant contracts. At the point when Dai is worth more than $1, the savvy contract evaluating instruments attempts to diminish the cost. On the other hand, when Dai is worth beneath $1, the brilliant contract valuing components attempts to expand the cost. Dai can be unreservedly exchanged like some other ERC20 token, and anybody with an Ethereum wallet can possess, acknowledge, and move it without a broker.
The minimum ratio is 150%, so for every 1 DAI I get, I have to put in a minimum of 1.5 USD worth of ETH, and much likely more (say 1:3 USD so that unless ETH falls 50% my position is protected). I don't want to get liquidated because anything 1.499999 will have your ETH liquidated to protect the peg, and you will be charged 13% as the liquidation penalty.
What I don't understand is the stability fees of 12.5% per annum, I do not know what this is for, and how we are charged.
(DAI) is a USD-pegged stablecoin based on the Ethereum blockchain, and has no brought together expert. Its $1 USD proportionate is kept up through programmed evaluating components incorporated with brilliant contracts. At the point when Dai is worth more than $1, the savvy contract evaluating instruments attempts to diminish the cost. On the other hand, when Dai is worth beneath $1, the brilliant contract valuing components attempts to expand the cost. Dai can be unreservedly exchanged like some other ERC20 token, and anybody with an Ethereum wallet can possess, acknowledge, and move it without a broker.
DAI news is published by btcmanager https://btcmanager.com/swandai-hedging-dai
DAI Token Integrated For Tipping on Publish0x: https://www.publish0x.com/publish0x-official-blog/dai-token-integrated-for-tipping-on-publish0x-xryydn
I have read the DAI actually an old project, even before crypto appeared,
but after crypto appeared DAI began to become part of crypto and became a stable coin,
but how about DAI is one stable coin that uses source eth.
but after crypto appeared DAI began to become part of crypto and became a stable coin,
but how about DAI is one stable coin that uses source eth.
MakerDAO increased the stability fee to a staggering 19.5% in an attempt to fulfill DAI's role as a dollar-pegged stablecoin.
https://coincodex.com/article/3543/makerdao-increases-stability-fee-to-195-in-effort-to-bring-dai-to-its-fiat-peg/
https://coincodex.com/article/3543/makerdao-increases-stability-fee-to-195-in-effort-to-bring-dai-to-its-fiat-peg/
Dai is a hard currency supported by assets for the 21st century. Stablecoin was first decentralized on Ethereum blockchain.
Dai is a reliable source of stability in the face of volatility. Every Dai is backed by collateral at any time, so you don't have to worry about value going up or down.
Dai stands to change the financial industry by creating a stable and decentralized currency that will enable businesses to realize the future of money.
Dai is a reliable source of stability in the face of volatility. Every Dai is backed by collateral at any time, so you don't have to worry about value going up or down.
Dai stands to change the financial industry by creating a stable and decentralized currency that will enable businesses to realize the future of money.
Dai got listed on Coinbase Pro.
https://coincodex.com/article/2775/coinbase-pro-lists-mkr-zil-dai-and-gnt/
https://coincodex.com/article/2775/coinbase-pro-lists-mkr-zil-dai-and-gnt/
The Dai Stablecoin is set at the value of one US Dollar, built on Ethereum and developed by MakerDao team, can be created through depositing Ether into contract-smart and therefore always fully guaranteed. The requirements for stablecoin that allow low risk arbitration between different cryptocurrency exchanges.
MakerDAO just got a $15 Million investment from a crypto fund:
https://coincodex.com/article/2390/makerdao-receives-15-million-investment-from-a16z-crypto-fund/
https://coincodex.com/article/2390/makerdao-receives-15-million-investment-from-a16z-crypto-fund/
The Bank of England learned in 1992, the hard way, that their peg could not be maintained. Why do these crypto companies think that they can achieve it?
Quick link: https://en.wikipedia.org/wiki/Black_Wednesday
Hello Dai believers,
Our aim is to add value to the whole crypto community by giving the best user experience to analyse cryptocurrencies.
It would be really great help from your side if you can spend 60 seconds of your time and give us your valuable feedback for our two recent updates 1) Snapshot and 2) Colourful interface of Dai at: https://cointopper.com/coin/dai
Constructive criticisms are always welcome at CoinTopper. Thank you!!
Our aim is to add value to the whole crypto community by giving the best user experience to analyse cryptocurrencies.
It would be really great help from your side if you can spend 60 seconds of your time and give us your valuable feedback for our two recent updates 1) Snapshot and 2) Colourful interface of Dai at: https://cointopper.com/coin/dai
Constructive criticisms are always welcome at CoinTopper. Thank you!!
Not the biggest fan of maker. You should read this article about stablecoins: https://www.forbes.com/sites/shermanlee/2018/03/12/explaining-stable-coins-the-holy-grail-of-crytpocurrency/#16a8a1c04fc6
My personal favorite is Havven. https://havven.io/
My personal favorite is Havven. https://havven.io/
Came across this purported stablecoin Dai:
https://makerdao.com/whitepaper/DaiDec17WP.pdf
Only, like others, I do not see how it is sustainable or a good idea.
Ether (and other cryptocurrencies in the future) is locked into a smart contract and held as collateral. However, if the value of ether plummets, then there will not be enough collateral to cover the 1.00 USD price of Dai. They describe 2 other mechanisms to stabilize the price, but in a falling market, none of them will be sufficient.
The Bank of England learned in 1992, the hard way, that their peg could not be maintained. Why do these crypto companies think that they can achieve it?
https://makerdao.com/whitepaper/DaiDec17WP.pdf
Only, like others, I do not see how it is sustainable or a good idea.
Ether (and other cryptocurrencies in the future) is locked into a smart contract and held as collateral. However, if the value of ether plummets, then there will not be enough collateral to cover the 1.00 USD price of Dai. They describe 2 other mechanisms to stabilize the price, but in a falling market, none of them will be sufficient.
The Bank of England learned in 1992, the hard way, that their peg could not be maintained. Why do these crypto companies think that they can achieve it?
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