What is DAI?

[AIcash]

DAI is a stablecoin on the Ethereum blockchain, meaning it’s a cryptocurrency designed to maintain a 1:1 value with the US Dollar. It’s created by the MakerDAO protocol and is widely used for trading, lending, and DeFi activities.

[EmTeam]

A decentralized stablecoin that actually lives up to its promise — 1 DAI = $1. 🟦

[Rimon Khan]

DAI is essentially a bridge between stability and full DeFi freedom.