MakerDAO Dai is a new cryptocurrency created by a company called Maker, which also created the Maker system and the MKR tokens. The biggest objective of this specific token is stability. Cryptocurrencies, as we have already told you, are very volatile. This volatility can be an issue when you intend to invest, so Maker’s objective is to minimize the risks by creating Dai.With the motto of being a “decentralized stablecoin”, Dai will react automatically to changes in the market in order to stabilize its price against other types of currency. Because of this, this token will represent a very stable investment, which means that it might not get so valuable as Bitcoin very fast, but it will not lose a good part of its price in a single day, either.
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