With Dai, anyone, anywhere has the freedom to choose a money they can place their confidence in. A money that maintains its purchasing power.
Every Dai is backed by another asset of value. Our collateral portfolio is diversified, allowing multiple assets to guarantee the value of each Dai.
Anyone can view the information about the locked collateral backing each Dai, including its safety profile.
In the unlikely case of a black swan event, the system will employ Emergency Shutdown, a last resort to guarantee the stable price.
During periods of high market instability, Dai offers a safe harbor to store value without having to exit the crypto space.
Users can spend Dai at merchants that accept crypto at point of sale.
Long term betting becomes infeasible if users also have to gamble on the future price of the asset they are wagering.
High volatility creates an uncertain lending environment as borrowers and lenders cannot comfortably plan for the future. Dai’s low volatility makes them a perfect medium for a stable, predictable loan.
As goods and assets exchange hands, middlemen take large fees for ensuring safe transactions, lending stable capital, and brokering cross-border initiatives. Dai reduces the costs of supply chain and international trade.