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MakerDao Update - Dai a Decentralized Stablecoin by joshbreslauer

View this thread on: hive.blogpeakd.comecency.com
· @joshbreslauer ·
$1.35
MakerDao Update - Dai a Decentralized Stablecoin
### An Introduction to the DAI Stablecoin System

 
https://vimeo.com/225643431

### Why Dai?
> Dai is a cryptocurrency that automatically reacts to emergent market conditions in order to stabilize its value against the major world currencies. Dai is created by the Dai Stablecoin System, a decentralized platform that runs on the Ethereum blockchain.

___________________________

### Stability Mechanics of the Dai Stablecoin System
https://vimeo.com/225643573#at=0

> With Dai, anyone, anywhere has the freedom to choose a money they can place their confidence in. A money that will always maintain its purchasing power.

________________________________

### MKR holders govern Dai
> Maker is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token — the Dai — against the IMF’s international currency basket SDR.

### How MKR works - Maker governance overview 

https://vimeo.com/225643767#at=1

_____________________

#### The next generation of financial applications become possible with a stable digital currency.


> Learn how we are building Dai, the stable digital currency.

https://makerdao.com/assets/img/MKRbooklet.png
https://blog.makerdao.com/2015/09/10/what-is-makercoin/

https://makerdao.com/assets/img/Daibooklet.png
https://github.com/makerdao/docs/blob/master/Dai.md

https://makerdao.com/assets/img/Saibooklet.png
https://blog.makerdao.com/2017/06/05/introducing-sai/

___________________________________
official website 
https://makerdao.com/
___________________________________

Maker is in a testing period right now. 
Testing the functionality of their system with SAI a Beta Version of the stablecoin DAI. 
The Team behind the Makerdao is aiming to release their Dai stablecoin system this year or early 2018. 
https://i.imgur.com/YOiYrFr.jpg

If you are interested in developing for MakerDAO or getting involved in any other capacity, please join our chat and say hello.
https://chat.makerdao.com/


_________________________________________
_________________________

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vote details (15)
@cheetah ·
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://makerdao.com/
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@giovannipetersen ·
Decentralized stable coins gets trading competitions? lol these guys must be joking.
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@jacobrobertwoods · (edited)
I wanted to let everyone know that DAI is now available for exchange at <a href="http://www.switchain.com/?utm_source=dai">Switchain</a> for DOGE, LTC & BTC.
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@jcoblo ·
Amazed by how dai functions as a stable. I hope many people do adapt dai as their main stablecoin. You may come across a trading competition hosted by DAI and they are giving away 182 MKR tokens for the participants to share. This is a great step to further the adaption of dai.
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@jhoshua1144 ·
$0.06
Ethereum is a very good cryptomoneda to do trading
👍  
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vote details (1)
@nathjohnson ·
Hi everyone already know the  news that rewards has been distributed For DAI campaign? if not you check the details here. https://news.kucoin.com/en/dai-campaign-rewards-distributed/
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@saan ·
Wow! Awesome ...Following you for more.
Please visit my profile hope you like my photography and if you like please don't forget to follow and upvote me..@saan 💐💐
👎  
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@steem-on ·
$0.15
Thank you for the update! Resteemed!
👍  
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@wandaknowls ·
great! we could now trade in this exchange https://news.kucoin.com/en/dai-dai-trading-competition-win-182-mkr/ they also have promotion that less in trading we could all join! been trading and so far its good
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