Do you use Dai by MakerDAO?
What is Dai by MakerDAO?
Dai is Ethereum's first and only decentralized stablecoin. 1 Dai = $1. The Dai Dashboard lets users open a CDP (Collateralized Debt Position) with crypto-collateral (i.e. Ether) and borrow Dai.
![Dai by MakerDAO media 1](https://ph-files.imgix.net/8ac58096-965c-4699-be01-323ef94d2ef8.jpeg?auto=compress&codec=mozjpeg&cs=strip&auto=format&w=256&h=160&fit=crop)
![Dai by MakerDAO media 2](https://ph-files.imgix.net/20d5a569-64a4-4591-954a-196f16a9edb0.png?auto=compress&codec=mozjpeg&cs=strip&auto=format&w=256&h=160&fit=crop)
![Dai by MakerDAO media 3](https://ph-files.imgix.net/39fa97f3-4a04-4762-9513-726c19966149.png?auto=compress&codec=mozjpeg&cs=strip&auto=format&w=256&h=160&fit=crop)
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Dai by MakerDAO
Dai is Ethereum's first and only decentralized stablecoin. 1 Dai = $1. The Dai Dashboard lets users open a CDP (Collateralized Debt Position) with crypto-collateral (i.e. Ether) and borrow Dai.
![Dai by MakerDAO image](https://ph-files.imgix.net/20d5a569-64a4-4591-954a-196f16a9edb0.png?auto=compress&codec=mozjpeg&cs=strip&auto=format&w=150&h=90&fit=crop)