"What is Dai?" in 30 seconds
A brief introduction to the Dai stablecoin from MakerDAO. A better digital currency that can be used by anyone, anywhere, anytime.
Meet Dai. Better, smarter currency.
Maker issues Dai, the world’s first decentralized stablecoin on the Ethereum blockchain.
Dai is a decentralized, asset-backed, cryptocurrency for the 21st century — the first decentralized stablecoin on the Ethereum blockchain.
Since launch in December 2017, Dai has successfully maintained it’s $1USD peg, despite an exceptionally volatile 2018 in the crypto markets and a sharp drop in the value of ETH
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