DAI is an Ethereum digital representation that is stable according to market mechanisms, from the MakerDAO project. Maker is one of the earliest decentralized autonomous organizations (DAO) and smart contract system in Ethereum. The Maker platform provides a stable base currency Dai. Dai is the base currency with a digital asset collateral guarantee and is 1:1 anchored to the US dollar.
[RISK WARNING] Digital currency is a new social product that is still in its initial stage of development. There could be many risks in the market of digital currency trading (e.g. technical defects, price fluctuations etc.). Users should be fully aware of the investment risks. Established under the legal framework of Australia, BitRabbit is a neutral trading platform aiming to satisfy the trading demands of digital currency fans and is not liable for any review, warranty or compensation liabilities of the currency value.