Now, investors on Meridio can seamlessly trade real estate shares for Dai, which allows a near-perfect approximation to the US Dollar while still gaining the benefits and efficiencies of smart contracts.
The Maker Foundation Risk Team will place a proposal into the voting structure to raise the Dai Stability Fee by 0.5%, for a new rate of 1%. As discussed in the Governance call on Thursday, February 7, primary reasons for increasing the stability fee are: Dai inventory has remained well above our threshold level of […]
Dai went live on the Ethereum Mainnet in December 2017. Since then, it has kept a stable peg against USD as the price of Ether fluctuated by more than 94%. Today, more than 1.5% of all Ether is locked up as collateral in support of Dai.
See below for highlights of the latest with MakerDAO.
From the very beginning, the Maker project has been focused on creating a more inclusive and transparent global economy. Over the past year, Dai has proven the viability of a decentralized, asset-backed stablecoin.
With a total addressable market of ALL the money in the world, a fiat-free, digital currency that’s price stable, such as Dai from MakerDAO, represents the opportunity to finally end hyperinflationary policies, economic controls, and mismanagement of national economies by weak governments around the world.