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Purchase price
0,00 €
Sale price
0,00 €
Variation
0 %
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We tell you everything you need to know
DAI is a cryptocurrency known as a 'stablecoin' that is designed to maintain its value close to the US dollar (USD).
DAI is backed by a variety of crypto assets used as collateral, such as Ethereum (ETH). These assets are locked in smart contracts to back the value of DAI.
The collateral for DAI can be Ethereum (ETH) or other accepted assets. However, ETH is the most commonly used collateral.
DAI maintains its value through smart contracts. Users lock assets to create DAI. If the asset value falls, it adjusts by minting or burning DAI.
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