Is DAI a stablecoin?
I've been hearing a lot about DAI recently and I'm wondering if it's considered a stablecoin. I know stablecoins are designed to maintain a stable value, but I'm not sure if DAI falls into this category.
Is DAI stablecoin safe?
I'm considering investing in DAI, a stablecoin on the Ethereum blockchain. However, I'm concerned about its safety. Is DAI backed by sufficient assets to maintain its peg to the US dollar? Are there any risks associated with its decentralized nature? How has DAI performed in the past, and what are the expert predictions for its future stability?
Is DAI a stable coin?
I've been hearing a lot about DAI recently and I'm wondering if it's considered a stable coin. I know stable coins are designed to maintain a stable value, but I'm not sure if DAI falls into this category.
What is the difference between Tether and DAI?
I am trying to understand the difference between Tether and DAI. I know they are both stablecoins, but what makes them distinct from each other? How do they differ in terms of their mechanism, stability, and use cases?
What is the exchange rate of dai (dai) in INR?
I am interested in knowing the current exchange rate of dai, often referred to as simply 'dai', in Indian Rupees (INR). I would like to find out how much INR I can get for a certain amount of dai.