DAI
-0.04%
($586.82 M)
5.06%
2.31%
2.17%
1.75%
1.75%
1.38%
1.24%
1.12%
1.07%
1.05%
DAI is a token introduced by the MakerDao project, with the specific version being known as Multi collateral DAI (MCD). A unique aspect of MCD is its collateralization by multiple assets, adding another layer to its functionality. Details about the MakerDao project and its progression, including its source code, can be discovered on their GitHub page. Various aspects about the intricacies of DAI are tease out in the MakerDao's whitepaper. The whitepaper provides insight into the reasoning behind DAI's creation and its intended applications. Hence, the GitHub page and the whitepaper serve as key resources for those attempting to understand the MCD token thoroughly.
To purchase DAI, Flooz.xyz offers a streamlined process. Flooz.xyz offers a one-stop solution to buy this token, using a smooth checkout, without the need to own a wallet. Tap tap go! All payment methods are supported. Using Flooz self-custodial web wallet, you ensure seamless DAI transactions, including storing, sending, and receiving tokens. You can create a self-custodial wallet directly on Flooz using your email, Google, and Apple ID in a matter of seconds. This also ensures that you have access over your funds at all times, thanks to the power of cryptography. Flooz.xyz aggregates more than 50+ providers to ensure you with the fastest and cheapest payment routes for your trades. This seamless and optimized trading experience has captivated over 85,000 active traders on Flooz.xyz.
DAI Metrics:
Current price: $1.0000
Market cap: $3.11 B
All-time high: $1.22 (Mar 13, 2020)
All-time low: $0.88 (Mar 11, 2023)
Daily trading volume: $57.62 M
In the last 24h, DAI holders generated $55.59M volume.
Open-source contracts like DAI ensure transparency and align with code security best practices, lowering the risk of hidden vulnerabilities.
The DAI smart contract indicates a fixed structure, reducing the risk of unexpected changes that could lead to a rugpull.
DAI smart contracts has no minting capabilities which ensures a stable token supply, safeguarding against unexpected inflation that can devalue the price of DAI.
Non-reclaimable ownership of DAI ensures stability in contract governance, mitigating the risk of unexpected alterations that could compromise token security.
The DAI contract prevents its owners from altering token balances provide a layer of security against unauthorized modifications, protecting against potential crypto exit scams.
The absence of hidden owners in a contract enhances transparency and trust, reducing the likelihood of malicious manipulation and scams.
Contracts without a self-destruct feature can ensure long-term stability and reliability, safeguarding against sudden disappearance and loss of assets.
Contracts lacking external call capabilities maintain operational independence, minimizing dependency risks and enhancing solidity security.
Availability on DEXs indicates a DAI’s trade readiness and broader acceptance, possibly reflecting positively on its market presence and liquidity.
A token with no buy tax like DAI ensures full value transfer on purchase.
A zero sell tax ensures that sellers retain the full value of their transaction, promoting fair trading conditions for all DAI holders.
Tokens marked as purchasable, like DAI are accessible for direct swapping on Flooz.
Tokens without sell restrictions like DAI allow holders to liquidate their entire position, providing flexibility in investment strategies.
DAI has fixed trading taxes which offers predictability in transaction costs associated with swapping on Flooz.
DAI is confirmed to NOT be honeypot. DAI is deemed safer for transactions, mitigating the risk of crypto scams and ensuring tradeability.
Contracts that cannot pause trading ensure continuous market access, supporting consistent liquidity and enable you to swap DAI any time on Flooz and other decentralized exchanges.
DAI has no blacklist function and thus promotes open and fair trading, reducing the risk of cryptocurrency scam and fraud.
The DAI solidity smart contract is lacking a whitelist feature. This ensures universal access to trading, fostering inclusivity and market participation and reduces the likelihood of crypto exit scams.
Contracts without anti-whale mechanisms like DAI allows for unrestricted transaction sizes and token holdings, which can lead to market dominance by large holders.
DAI has a fixed anti-whale limits which can offer consistency in trading rules, protecting the its holders from sudden policy shifts.
Contracts without a trading cooldown function like DAI allow for immediate subsequent swaps
The DAI owner cannot set a different tax rate for every wallet. Contracts that do not allow for individualized tax rates maintain uniform transaction conditions for all users, minimizing the risk of cryptocurrency scams.
Recognition as a famous and trustworthy token underscores established credibility and market acceptance, providing reassurance to investors about the token's reliability.
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123.84 M
We estimated the value of this pool based on the value of its stable/native coins.
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