By cryptoverze.com on October 29, 2019
Highlights: According to the latest research by Marketpsycles.com, Maker’s DAI has consistently been getting huge community interestThe YoY increase in DAI supply was about 14,049%DAI is yet another testament to Ethereum’s consistent innovation in the DeFi ecosystem Maker, denoted by the token MKR, is the basis of a simple banking system built on blockchain technology that allows for an avenue where people can avail loans through overcollateralization. DAI is a stable coin mechanism built by MKR as an additional layer, which is pegged to the US Dollar. In theory, 1 DAI = $1. According to a recent research initiative by
The Coin Detective