Does DAI have collateral?
I'm curious about DAI, a cryptocurrency. I want to know if DAI is backed by any collateral. I've heard about collateralized debt positions and I'm wondering if DAI falls under this category.
What is DAI multi?
I'm curious about DAI multi. I want to understand what it is, its functionality, and how it operates within the broader context of decentralized finance or blockchain technology.
Is DAI fiat backed?
I'm interested in understanding if DAI, a cryptocurrency, is backed by fiat currency. I want to know if there's a direct LINK between DAI's value and any specific fiat currency.
Is DAI 100% backed?
I'm wondering if DAI, the cryptocurrency, is fully backed by some kind of reserve or asset. I want to know if it's 100% backed and if there's any risk involved with its backing.
Is DAI backed by USDC?
I'm curious about the relationship between DAI and USDC. Specifically, I want to know if DAI is backed or supported by USDC in any way. Can someone clarify this for me?