Review on xDai by Toprak Dere
About xDai
xDai Stake; recently featured projects. xDai Stake is an Ethereum side chain that acts as a local token. It is scalable, useful and user friendly. xDai Stake is a drama project. xDai is a cryptocurrency that is fixed at Dai 1: 1, has super low transaction fees, and is on the xDai stable side chain.
xDai Stake
xDai is an ideal cryptocurrency for daily payments and transactions. Fees are extremely low, payments are very fast, and the value remains constant at ~ $ 1 per xDai. User-friendly tools make xDai easily acceptable to both crypto and non-crypto users.
XDai Chain is a stable payment block aimed at providing fast and cheap transactions. XDai Chain has a dual token model where xDai can be used for transactions, payments and fees and STAKE is used to support Proof-of-Stake consensus. STAKE is a multi-chain bet token designed to secure the payment tier of the xDai Chain. Similar to other betting assets, STAKE allows block validators (and their representatives) to provide transaction consensus and receive rewards. Unlike XDai, STAKE is not a fixed currency, but a market-determined token.
We can say that the project is among the COINS that need to be read and researched more. xDai Stake is one of the important projects among the defi projects.
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Pros
- one of the important projects among the defi projects.
- It is scalable, useful and user friendly
Cons
- not listed in most exchanges
