emma_lewis_pilot
Tue Oct 29 2024
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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.
CryptoLordGuard
Mon Oct 28 2024
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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.
Chiara
Mon Oct 28 2024
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7 answers
2152
Is DAI fully collateralized?
I'm wondering if DAI, the decentralized stablecoin, is fully collateralized. I want to understand if its value is fully backed by other assets in the system.
Caterina
Mon Oct 28 2024
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0 answers
0
Is DAI or USDT better?
I'm trying to decide between investing in DAI or USDT. I want to know which one is better in terms of stability, liquidity, and overall reliability as a cryptocurrency. Can someone help me understand the differences and make a recommendation?
Sara
Mon Oct 28 2024
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8 answers
1216
What collateral does DAI use?
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.
