Tag: DAI
Bidao Review: Binance Chain Based DeFi Stablecoin
Bidao (BID) is building a decentralized Proof-of-Stake blockchain, which will also include a collateral backed stablecoin similar to the DAI stablecoin. They claim to be a one stop shop for decentralized finance (DeFi) applications, and in its initial rollout will...
What is Tether (USDT)? Overview of the Controversial Stablecoin
There’s a certain irony in Tether… It’s a stable coin that, at any moment, could snap. Cryptocurrency traders need stability. Hell, everyone needs a bit of stability — especially those of us in all things Bitcoin and blockchain. Traditionally we...
What is The DAI Coin? Complete Guide to MakerDAO’s Stablecoin
The DAI coin is one of the older stablecoins, having been released in December 2017 by Maker. If you don’t know what a stable coin is, it is a cryptocurrency designed to keep its value pegged to another currency. In...