Dai
MakerDao is the company behind Dai, a stablecoin. One DAI is pegged to 1 USD.
Reviews for Dai
-
The collateralized model (e.g. MKR, and not Tether) is fundamentally hard to argue against.
Full review2018-05-21
-
Let's talk about today's MakerDAO / a16z announcement. for those who missed it, a16z's crypto fund bought 6% of Maker tokens for $15M, at a 25% implied discount to the current price of MKR....I'm sure people think this is a great sign for the project - being able to recruit high quality capital. but, i think this is a massive failure in governance and project management.
Full review2018-09-24
-
Dai is backed by collateral (currently ethers). In fact, it is overcollateralized. The obvious risk is that if the collateral becomes worthless then Dai becomes worthless.
Full review2018-05-20
-
MakerDAO is more than a stablecoin project. Trustless margin trading provides public information previously only accessible to exchanges
Full review2018-06-17
Stablecoin comparison
See how Dai compares with other stablecoin cryptocurrencies.