DAI

1. Project introduction

DAI is the decentralized stablecoin on Ethereum, developed and managed by MakerDAO, and is the infrastructure of decentralized finance (DeFi).

DAI is issued by the full mortgage guarantee of the assets on the blockchain, with anchored 1 : 1 with the U.S. dollar (1 DAI=1 USD). Individuals and businesses can obtain safe-haven assets and liquidity by exchanging DAI or collateralizing DAI. DAI has already implemented applications in mortgage loans, margin trading, international transfers, and supply chain finance.

The Maker protocol, also known as the multi-collateral DAI (MCD) system, allows users to generate DAI by using mortgage assets approved by "Maker Governance". Maker governance is the process of community organization and operation, used to manage all aspects of the Maker agreement. DAI is a decentralized, unbiased, mortgage-backed cryptocurrency linked to the US dollar. DAI's low volatility can resist hyperinflation and provide economic freedom and opportunities for anyone anywhere.

2. Team introduction

Founder: Rune Christensen

Linkedin: https://www.linkedin.com/in/runebentsenchristensen/?originalSubdomain=dk

COO: Steven Becker

Linkedin: https://www.linkedin.com/in/steven-becker/

3. Investment institution

Paradigm, Dragonfly Capital, COIND etc.