Unlike other top stablecoins, Dai has no central governing body that could freeze assets. A decentralized autonomous organization (DAO) regulates Dai, and smart contracts manage the stablecoin itself.

The DAI savings rate was increased to 1% in December 2022, leading to 35 million DAI being deposited in a month, according to MakerDAO. The community of Ethereum-based decentralized finance (DeFi) ...

Liquidity on Compound is shifting dramatically between assets as new rules for distribution of its governance token, COMP, take effect. Compound's website reports a gross supply of 401 million DAI ...

Dai (DAI) is a decentralized stablecoin pegged to the U.S. dollar. Unlike centralized stablecoins, Dai’s value is maintained through a system of collateralized debt and smart contracts on the Ethereum ...

Diffuse axonal injury (DAI) is a type of traumatic brain injury (TBI). It refers to the shearing of the brain’s long connecting nerve fibers, or axons. DAI can occur during a motor vehicle accident ...

Coins with Ethereum's logo and US dollar bills are seen in Shiyan city, Hubei Province, China. The project has faced numerous challenges, including capital inefficiency and centralized points of ...