#dai

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Cryptocurrency
fromHackernoon
3 months ago

Inside the Digital Dollar That Refuses to Flinch | HackerNoon

Stablecoins like DAI aim to provide stable value in volatile cryptocurrency markets through price stabilization mechanisms.
Deliverability
fromHackernoon
3 months ago

DAI Doesn't Stay at $1 by Accident-Here's the System That Keeps It There | HackerNoon

Single-Collateral DAI employs mechanisms like Emergency Shutdown and DAI Savings Rate to maintain its 1 USD peg.
fromHackernoon
3 months ago

Inside DAI: The Crypto Dollar That Defends Itself with Code | HackerNoon

DAI uses over-collateralization of assets to maintain its value as a stablecoin against market volatility.
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