Questions tagged [dai]

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Rosalia Rosalia Fri Nov 01 2024 | 6 answers 1186

Is DAI risk free?

I'm considering investing in DAI, but I'm not sure if it's completely risk-free. I've heard different opinions about its stability and security. Can someone provide clarity on whether DAI is indeed risk-free?

Is DAI risk free?
Valeria Valeria Fri Nov 01 2024 | 0 answers 0

Is DAI a good long term investment?

I'm considering investing in DAI, but I'm not sure if it's a good long-term investment. I want to understand its potential for growth and stability over time.

Is DAI a good long term investment?
ethan_harrison_chef ethan_harrison_chef Tue Oct 29 2024 | 5 answers 916

What can be used as collateral for DAI?

I'm wondering about the types of assets or items that can be utilized as collateral when dealing with DAI, a decentralized stablecoin.

What can be used as collateral for DAI?
emma_lewis_pilot emma_lewis_pilot Tue Oct 29 2024 | 7 answers 1499

What is the collateralization ratio for DAI?

I'm interested in understanding the collateralization ratio for DAI. I want to know how much collateral backs each DAI token.

What is the collateralization ratio for DAI?
CryptoLordGuard CryptoLordGuard Mon Oct 28 2024 | 7 answers 2060

Why do people use DAI?

People use DAI because it offers a stable and decentralized alternative to traditional fiat currencies. DAI maintains its value through a collateral-backed system, providing users with a reliable medium of exchange for transactions and a store of value within the Ethereum ecosystem.

Why do people use DAI?

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