MakerDao Update - Dai a Decentralized Stablecoin
An Introduction to the DAI Stablecoin System
Why Dai?
Dai is a cryptocurrency that automatically reacts to emergent market conditions in order to stabilize its value against the major world currencies. Dai is created by the Dai Stablecoin System, a decentralized platform that runs on the Ethereum blockchain.
Stability Mechanics of the Dai Stablecoin System
With Dai, anyone, anywhere has the freedom to choose a money they can place their confidence in. A money that will always maintain 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 IMF’s international currency basket SDR.
How MKR works - Maker governance overview
The next generation of financial applications become possible with a stable digital currency.
Learn how we are building Dai, the stable digital currency.
https://blog.makerdao.com/2015/09/10/what-is-makercoin/
https://github.com/makerdao/docs/blob/master/Dai.md
https://blog.makerdao.com/2017/06/05/introducing-sai/
official website
https://makerdao.com/
Maker is in a testing period right now.
Testing the functionality of their system with SAI a Beta Version of the stablecoin DAI.
The Team behind the Makerdao is aiming to release their Dai stablecoin system this year or early 2018.
If you are interested in developing for MakerDAO or getting involved in any other capacity, please join our chat and say hello.
https://chat.makerdao.com/
Thank you for the update! Resteemed!
Ethereum is a very good cryptomoneda to do trading
I wanted to let everyone know that DAI is now available for exchange at Switchain for DOGE, LTC & BTC.
Amazed by how dai functions as a stable. I hope many people do adapt dai as their main stablecoin. You may come across a trading competition hosted by DAI and they are giving away 182 MKR tokens for the participants to share. This is a great step to further the adaption of dai.
great! we could now trade in this exchange https://news.kucoin.com/en/dai-dai-trading-competition-win-182-mkr/ they also have promotion that less in trading we could all join! been trading and so far its good
Decentralized stable coins gets trading competitions? lol these guys must be joking.
Hi everyone already know the news that rewards has been distributed For DAI campaign? if not you check the details here. https://news.kucoin.com/en/dai-campaign-rewards-distributed/
Wow! Awesome ...Following you for more.
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