Vietnam's premier Cryptocurrency Exchange BitcoinVN launching DAI staking vault:
Topic: Dai Stablecoin (Read 754 times)
DAI is a reliable Stable coin, better than the centralized stable coins like USDT but USDT is more popular than DAI, still it's not bad at all, binance exchange have listed DAI few days ago and that's good, if you are interested in decentralized coins DAI is best for you
I am not really fan of stablecoins but if you are looking for alt that will not deviate much from how much you bought it in the market, stablecoin is your answer. However, for me, holding this for long term I think is still not advisable. One question that always comes to my mind with stablecoin is that - can they really keep their value no matter what disaster/problem will they have within their organization? What if one of the stakeholders (a big one) of their organization decided to quit and sell his share? Is it going to affect the total performance of the coin in the market?
DAI is truly a decentralized coin because of that I really love DAI. DAI had only one limitation that it was not listed on many big name exchanges but listing of DAI on binance changed that. I think the future of DAI is really bright.
DAI is a reliable Stable coin, better than the centralized stable coins like USDT but USDT is more popular than DAI, still it's not bad at all, binance exchange have listed DAI few days ago and that's good, if you are interested in decentralized coins DAI is best for you
and now DAI is on syndicate sale on crypto.com, so it will have another impact on demand, which will be pushing DAI above $1 value
https://blog.crypto.com/the-syndicate-to-list-dai/
https://blog.crypto.com/the-syndicate-to-list-dai/
DAI is a decentralized stable coin and that's what makes it better, a stable coin from MakerDAO team which is already a very popular platform in crypto space, this stable coin is better other because it can't be freeze or locked
Dai Supply Hits New Highs as Efforts to Restore Peg See Limited Success
The total supply for DAI tripled since June as the community keeps raising the supply limits to bring the peg down to $1.
https://cointelegraph.com/news/dai-supply-hits-new-highs-as-efforts-to-restore-peg-see-limited-success
The total supply for DAI tripled since June as the community keeps raising the supply limits to bring the peg down to $1.
https://cointelegraph.com/news/dai-supply-hits-new-highs-as-efforts-to-restore-peg-see-limited-success
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/
Interesting to read your choice back then, although havven has rebranded into synthetix network now but their products and services are really doing well and in future the potential is even bigger and i think that synthetix has a clear path ahead of them as they are the market leaders in their niche. My personal favorite is Havven. https://havven.io/
Dai stable coin becomes my favorite because it's decentralized, also same thing for other decentralized stable coins, they are way better than USDT, though USDT is not bad but when it comes to safety I prefer the decentralized feature in other stablecoins
What kind of problems did you have with security in USDT? I didn’t hear anyone complaining about security. and even the centralization of this stablecoin does not affect the holders in any way. I did not say that dai is bad but USDT also ok. 
I think one of the driving factor of DAI is that it is a decentralized stablecoin, that is to say, people who are totally moved by decentralization will appreciate it more. On the other hand, other stablecoins like USDT tends to have an upper hand especially in the aspect of volume and so on, thus people keep seeing the need to use it (USDT) despite all the news being heard about it. Lastly, I believe it is a matter of time and DAI will start having a huge attention just like that of USDT because it bears the true idea of the blockchain space (that is, decentralization).
Dai stable coin becomes my favorite because it's decentralized, also same thing for other decentralized stable coins, they are way better than USDT, though USDT is not bad but when it comes to safety I prefer the decentralized feature in other stablecoins
As the Old Dai Shuts Down, Maker Must Deal With Centralized Collateral Risk
Maker continues to garner criticism due to its onboarding of centralized collateral.
https://cointelegraph.com/news/as-the-old-dai-shuts-down-maker-must-deal-with-centralized-collateral-risk
Maker continues to garner criticism due to its onboarding of centralized collateral.
https://cointelegraph.com/news/as-the-old-dai-shuts-down-maker-must-deal-with-centralized-collateral-risk
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.
I wonder what will be the demand for stable coins of various similar campaigns after most states issue their national stable digital currencies. I think that after this, stable coins of various commercial campaigns will not have a high level of demand, since they will lose to stable coins of states. Confidence in stable state coins should be much higher, because the risk of bankruptcy of commercial campaigns is much higher than any state.
DAI stable coin is good because its Decentralized, I find such stablecoins to be better and safer than USDT or USDC but it will be tough to beat USDT because its the most popular and well supported for trading on every single exchanges out there
SpankChain CEO has radical plan for Ethereum stablecoin DAI
Ameen Soleimani says DAI’s centralization is a problem but while he has a solution, he’s not even sure it will work.
https://decrypt.co/18867/spankchain-ceo-has-radical-plan-for-ethereum-stablecoin-dai
Ameen Soleimani says DAI’s centralization is a problem but while he has a solution, he’s not even sure it will work.
https://decrypt.co/18867/spankchain-ceo-has-radical-plan-for-ethereum-stablecoin-dai
Protocol Politicians: A Look at The Future Crypto Politics of MakerDAO & Dai Stablecoin
As the Maker project matures and its Dai stablecoin becomes more popular, the specter of governance in the Maker ecosystem rises accordingly.
https://blockonomi.com/protocol-politicians-makerdao-dai/
As the Maker project matures and its Dai stablecoin becomes more popular, the specter of governance in the Maker ecosystem rises accordingly.
https://blockonomi.com/protocol-politicians-makerdao-dai/
What is Dai?
DAI is an ERC20 token on the Ethereum blockchain that has a steady value of one US dollar. It is also the key to the MakerDAO lending system.
https://decrypt.co/resources/dai-explained-guide-ethereum-stablecoin
DAI is an ERC20 token on the Ethereum blockchain that has a steady value of one US dollar. It is also the key to the MakerDAO lending system.
https://decrypt.co/resources/dai-explained-guide-ethereum-stablecoin
Canadian Bitcoin ATMs Add Support for Buying and Selling of Stablecoins
It’s good news to the crypto community in Canada, as selected Bitcoin ATMs in the country now support buying and selling of stablecoins. Customers in Canada can now deposit and withdraw dollar-pegged stablecoins at Instacoin Crypto ATMs, which is the leading operator in the country.
https://coinspace.com/news/altcoin-news/canadian-bitcoin-atms-add-support-buying-and-selling-stablecoins
It’s good news to the crypto community in Canada, as selected Bitcoin ATMs in the country now support buying and selling of stablecoins. Customers in Canada can now deposit and withdraw dollar-pegged stablecoins at Instacoin Crypto ATMs, which is the leading operator in the country.
https://coinspace.com/news/altcoin-news/canadian-bitcoin-atms-add-support-buying-and-selling-stablecoins
UNO is really a good alternative to USDT.
Runs on SHA256.
Backed by fact of time past, not unproven.
Runs on SHA256.
Backed by fact of time past, not unproven.
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/
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/
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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