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Breaking News

Maker DAO is aiming to create decentralized Stable Eco-system, which will reduce volatility of your crypto assets.

Stable coin DAI, which have fix price against 1 USD (?)

 Collateralized Debt Position (CDP), where you can lock up your crypto assets and get loan in DAI (USD) (?)

Verified network (?)

HW wallet (?)

Community (?)

 Start date: 2014

 ICO Price: N/A

 System: Ethereum DApp

Country of foudation: South Carolina, United States

Dai Stable coin

Dai is a cryptocurrency that is price stabilized against the value of the U.S. Dollar. Dai is created by the Dai Stablecoin System, a decentralized platform that runs on the Ethereum blockchain. With Dai, anyone, anywhere has the freedom to choose a money they can place their confidence in. A money that maintains its purchasing power.

MKR holders govern Dai

Maker is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token — the Dai — against the U.S. Dollar.

source: https://makerdao.com/

Project Timeline

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