$1.00
1H
-0.03%$0.0003
24H
-0.04%$0.0004
7D
-0.03%$0.0003
30D
0.00%$0.0000
Dai is decentralized and backed by collateral. The Maker Protocol, which allows anyone anywhere in the world to generate Dai, aims to facilitate greater security, transparency, and trust.
At a time when most of the crypto world is receding, including some of the biggest tokens like Dai (DAI) and ApeCoin (APE), the newcomer Snowfall Protocol (SNW) is hitting record highs every week.
Experts say that Snowfall Protocol (SNW) is better than Litecoin (LTC) and Dai (DAI). In this article, we tell you why.
Maker has made several efforts to go fully decentralized with the project founder Rune Christensen removing ties to centralized assets in an operation dubbed the “ENDGAME”.
The new approach is reportedly a strategic way of generating revenue from idle assets on MakerDAO’s balance sheet.
Maker Protocol is not currently allowed to provide direct loans in US dollars to borrowers, hence, this collaboration with HVB is a huge milestone.