Cryptocurrency Q&A What collateral does DAI use?

What collateral does DAI use?

Sara Sara Mon Oct 28 2024 | 8 answers 1216
I'm interested in understanding the collateral that DAI, a decentralized financial product, utilizes. I want to know what assets or mechanisms back the DAI stablecoin to maintain its value. What collateral does DAI use?

8 answers

Silvia Silvia Tue Oct 29 2024
With its comprehensive suite of offerings,

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FantasylitElation FantasylitElation Tue Oct 29 2024
Bitshares (BTS) BitUSD

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CryptoVanguard CryptoVanguard Tue Oct 29 2024
DAI is a unique type of stablecoin.

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BitcoinBaron BitcoinBaron Tue Oct 29 2024
In the crypto-collateralized model,

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Margherita Margherita Tue Oct 29 2024
Each of these stablecoins

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