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Dai is the first stable peer-to-peer cryptocurrency. It is a crypto-collateral-backed stablecoin backed by Ether, with a value that is stable relative to the US dollar. Dai is leveraged with Ethereum assets through Maker, a smart contract platform. Each Dai is equivalent to one US dollar. The decentralized autonomous organization behind Dai, MakerDAO, strongly believes that blockchain-based tokens will eventually replace traditional certificates in the capital structure of organizations.


www.chainbits.com/reviews/dai-review/