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DAI (DAI): A decentralized US dollar stablecoin

DAI is a digital currency with an interesting mechanism for keeping the price at one dollar. It is a stablecoin.

Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn’t backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.

For more see: DAI

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Builders of Dai, a digital currency that can be used by anyone, anywhere, anytime. Do not send money to accounts impersonating Maker.

Maker
Maker@MakerDAO·
19h 1319692624886808577

Dai is used all over the world.
Some of the top use cases include:

Inflation protection
DeFi products & services
Gaming
Digital Art
E-commerce

Read about each one in detail:

https://blog.makerdao.com/the-top-five-ways-the-dai-stablecoin-is-used-around-the-world/

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Maker@MakerDAO·
21h 1319666345588346883

An Executive Vote has been added to:

📈Increase the surplus buffer from 2M to 4M
🔮Whitelist B.Protocol on the ETHUSD Oracles (Medianizer + OSM)

More info can be found here: https://blog.makerdao.com/executive-vote-october-23-2020/

MKR holders can vote at the NEW voting portal here: http://vote.makerdao.com

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Maker@MakerDAO·
21 Oct 1319021074432978946

Did you know Maker has weekly informal Governance Q&A sessions anyone can join to understand more about how Governance works?

If you have any questions, this is the place to ask them and learn:

https://forum.makerdao.com/t/meeting-governance-q-a-sessions/4633

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Retweet on TwitterMaker Retweeted
CryptoLocally (GIV)@cryptolocally·
21 Oct 1318903297353330694

@MakerDAO joins forces with CryptoLocally to build more P2P communities globally!

With this partnership, we can improve accessibility to #Cryptocurrency & Financial services for everyone across the globe. 🚀
#Defi #CryptoForEveryone

Learn more👇👇
https://cryptolocally.medium.com/cryptolocally-partners-with-makerdao-to-increase-the-accessibility-of-defi-around-the-world-fa07df6afc2b

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Maker@MakerDAO·
20 Oct 1318625935361363968

Excited to announce the new Maker Voting Portal! 🗳️

Completely redesigned with a focus on ease-of-use, it includes a TON of changes:

📄A new landing page with a quick overview of what actions are available to take right now, system stats, and highlighted recent votes.

Image for the Tweet beginning: Excited to announce the new
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Ether Capital Corp.@ethcap·
16 Oct 1317122273732665345

Just released!

Our podcast with Greg DiPrisco @g_dip of @MakerDAO

We discuss stablecoins - what are they anyways? - and the world of Maker and Dai 🤓

This episode is 🔥🔥🔥

We are on Spotify and Apple under the Ether Capital Podcast - check it out!

https://podcasts.apple.com/ca/podcast/ether-capital-podcast/id1533981524

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Maker@MakerDAO·
19 Oct 1318238307822706688

Multiple Governance Polls have been added.
Voters are now able to signal their support to/for:

A series of Greenlight Polls for potential collateral types:
🟢UNI-V2-USDT-ETH (Uniswap USDT-WETH Liquidity Tokens)
🟢aUSDC (Aave USDC)
🟢CRO (http://Crypto.com Coin)

More 👇

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Maker@MakerDAO·
19 Oct 1318228053126836224

FriDAI Brunch #6 is going to be a good one!
It will focus on inclusion and diversity while sharing learnings, advice, and encouragement from some of our friends in the space.

Sign up here:
https://www.crowdcast.io/e/fridai-brunch-6/register

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