Ethereum DeFi Pioneer Maker Foundation Is Shutting Down, DAO Will Take Over
MakerDAO has taken over control of the Ethereum-based Maker protocol and its associated cryptocurrencies, MKR and DAI.
Dai price
(DAI)
Share
$1.00
+0.03%
Market stats
$6.3B
$424.8M
-1.59%
6.3B DAI
14 days
#19
$1.37
+0.01%
+0.03%
+0.06%
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About Dai
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
Dai is on the rise this week.
The price of Dai has risen by 0.06% in the past 7 days. The price increased by 0.03% in the last 24 hours. In just the past hour, the price grew by 0.01%. The current price is $1.000668 per DAI. Dai is 26.96% below the all time high of $1.37.The current circulating supply is 6,340,547,097.948 DAI.Top stories
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