Dai
DAI
Evaluation Score
Overall rating on a scale of 0-10
Crypto Token Health Score Explained
Our AI-powered health score evaluates on-chain metrics, community support, tokenomics, and more. This helps DeFi investors understand risk, compare tokens, and make informed decisions. Learn how to analyze DeFi tokens' risk and use these insights for DeFi portfolio risk management.
AI Analysis
Comprehensive evaluation of the token
Overall Analysis
DAI is the leading decentralized stablecoin maintained by MakerDAO. It benefits from high development velocity, rigorous security audits, and strong community governance. Overcollateralization and adaptive supply mechanisms reliably preserve the 1:1 USD peg, making DAI indispensable across DeFi for lending, trading, and payments. Key risks include governance concentration among MKR stakeholders, oracle dependencies, and collateral market volatility, though transparent on-chain processes and diversified contributor engagement mitigate systemic threats.
Detailed Analysis by Category
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Dai (DAI)
Dai (DAI)
Dai (DAI) is a decentralized, USD-pegged stablecoin built on the Ethereum blockchain. Launched by MakerDAO, Dai maintains its 1:1 exchange rate with the US dollar through an overcollateralized debt position (CDP) system and automated smart contracts.
Key Features
- Stable Value: Designed to track the value of 1 USD, minimizing volatility.
- Decentralization: Governed by the MakerDAO community via on-chain voting.
- Collateralized: Backed by a basket of crypto assets locked in Maker Protocol.
- Ethereum-Based: Fully compatible with Ethereum wallets, dApps, and DeFi platforms.
Use Cases
- Peer-to-Peer Payments: Quick, low-fee transfers without relying on banks.
- DeFi Lending & Borrowing: Widely supported as collateral and loan currency.
- Trading & Remittance: Stable trading pair and global value transfer.
Technology & Governance
- Smart Contracts: Automated issuance, redemption, and stability mechanisms.
- Oracles: Secure price feeds ensuring accurate collateral valuations.
- MakerDAO Governance: MKR token holders propose and vote on protocol updates.
By combining on-chain transparency with algorithmic stability, Dai (DAI) powers a wide range of decentralized finance (DeFi) applications while preserving a reliable USD peg.
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