Review on Dai by Poro Yi
Dai
This stable token is guaranteed by government contracts. So if you have digital assets that support your assets, anyone can provide the required amount of DAI.
The main attraction of this project is the "algorithm" that maintains the fixed price of DAI. In theory, it will automatically start holding the brand value at $ 1, burning the property if necessary, or automatically releasing it.
In general, this project has good decentralization capabilities, as any user can use DAI regardless of location, this project is valuable to everyone and can use DAI without connection to currencies that support Fiat. because it really depends on the government agencies that manage the restrictions. the same emission that allows.
The main problem is that it is only published on the Ethereum chain and some decentralized exchanges are also available on other chains, and in some cases transfer rates are generally higher.
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Pros
- totaly safe
- useful
Cons
- None
