Julian's Notes

Dai (Stablecoin)

Features

  • Stablecoin, closely pegged to US Dollar
  • Can delegate control and authorise certain apps, such as Oasis, to spend Dai on your behalf
  • Backed by assets worth more than the Dai (like how traditional money used to be backed by gold)

Resources

Overview

dai stablecoin

Referred in

Dai (Stablecoin)