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Best DAI Wallet Review 2021

By Aaron S. - Chief Editor

Last Updated: Nov 2, 2021

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Frequently Ask Question (FAQ)

What is the future in investing in cryptocurrency coins?

DAI is a cryptocurrency coin that belongs to the so-called stable coins and its value doesn't fluctuate because its price is pegged to $ 1 USD. The developers of this decentralized digital currency developed an autonomous system for this coin to keep its value constant. This system allows anyone who wants to provide a Collateralized Debt Position (CDP). It is the same system that Maker uses to back this coin.

Where can I use the DAI cryptocurrency coins?

A recent press release issued by Blockchain Factory, a Blockchain technology company based in Canada announced the launch of its Daico platform called, "The DAI". As per experts from the Daico cryptocurrency industry, the new platform may have a significant impact on future Initial coin offerings (ICOs). The developers of the DAI believe that this latest Blockchain technology will be able to provide a secure and fast alternative funding strategy for business. You can make payments with high-security features by using the DAI cryptocurrency tokens.

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