CurrencyPriceDAI

Dai is the largest decentralized stable currency on Ethereum, developed and managed by makerdao. It is the infrastructure of decentralized Finance (defi). Dai is issued by the full mortgage guarantee of the assets on the chain, and remains anchored 1:1 with USD, 1dai = USD 1. Individuals and enterprises can obtain hedging assets and working capital by exchanging Dai or borrowing Dai by mortgage. Dai has been applied in mortgage loan, margin trading, international transfer, supply chain finance, etc. The maker protocol, also known as the multi mortgage Dai (MCD) system, allows users to generate Dai by using mortgage assets approved by "maker governance". Maker governance is the process of community organization and operation, which is used to manage all aspects of maker agreement. Dai is a decentralized, unbiased, mortgage-backed cryptocurrency linked to the dollar. Dai's low volatility can resist hyperinflation and provide economic freedom and opportunities for anyone anywhere.