Dai by MakerDAO

Dai by MakerDAO

Ethereum's first & only decentralized stablecoin

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Dai is Ethereum's first and only decentralized stablecoin. 1 Dai = $1. The Dai Dashboard lets users open a CDP (Collateralized Debt Position) with crypto-collateral (i.e. Ether) and borrow Dai.

Dai by MakerDAO launches

Launch date
Dai by MakerDAO
Dai by MakerDAOEthereum's first & only decentralized stablecoin

Launched on April 5th, 2018