DAI Stablecoin product
Overview
DAI is a decentralized stablecoin on the Ethereum blockchain, soft-pegged to the US dollar. It is issued by the MakerDAO protocol through over-collateralized positions of Ethereum-based assets. DAI is widely used as a stable medium of exchange and store of value within decentralized finance (DeFi) applications.
Within the DeFi Intel graph, DAI Stablecoin connects to 3 tracked entities, most strongly to MakerDAO, USDS (Sky Dollar), USDS (Sky Dollar).
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 3 of 3 total).
| Relation | Connected entity | Confidence |
|---|---|---|
issued | MakerDAO | 95% |
upgradeable_to | USDS (Sky Dollar) | 95% |
replaces | USDS (Sky Dollar) | 95% |
Frequently asked questions
What is DAI Stablecoin?
DAI Stablecoin is a stablecoin tracked in the DeFi Intel knowledge graph. It is connected to 3 other tracked entities, most strongly to MakerDAO, USDS (Sky Dollar), USDS (Sky Dollar).
What type of entity is DAI Stablecoin?
DAI Stablecoin is classified as a stablecoin (product) in the DeFi Intel knowledge graph.
What is DAI Stablecoin connected to?
In the DeFi Intel knowledge graph, DAI Stablecoin is linked to 3 other tracked entities, most strongly to MakerDAO, USDS (Sky Dollar), USDS (Sky Dollar).
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