So, you've converted 100000 Dai to 100077US Dollar. We used 0.999234 International Currency Exchange Rate. We added the most popular Currencies and CryptoCurrencies for our Calculator. You can convert Dai to other currencies from the drop down list. Selling 100000 Dai you get 100077 US Dollar at 04. April 2024 07:16 PM (GMT).
1 DAI equals 1.00 USD. The current value of 1 Dai is +0.01% against the exchange rate to USD in the last 24 hours. The current Dai market cap is $5.21B.
The DSR allows DAI holders to lock their holdings into a specialized contract and earn variable interest over time. This interest isn't static; it's a result of governance decisions made by the MakerDAO community.
DAI is the first Ethereum-based, Collateral-backed cryptocurrency that is designed to maintain a one-to-one ratio with the U.S Dollar. It's created and regulated by Maker DAO.
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Dai (or DAI, formerly Sai or SAI) is a stablecoin token on the Ethereum blockchain whose value is kept as close to one United States dollar as possible by decentralized parties incentivized by smart contracts to perform actions that affect the token's supply and therefore its price.
Price stability is maintained through game theory and economic incentives that keep its value close to 1 USD. To keep the value of DAI pegged to the US dollar, MakerDAO uses an algorithm that adjusts the interest rate on the DAI loans (known as the stability fee) based on the supply and demand of DAI.
20's and 50's are good for water and snacks and street food etc. 100's are good for restaurant meals, hotel meals, taxi fares etc. in anycase it's easy to use 100's anywhere. 200's and 500's i'd keep for settling hotel bills or a more upmarket restaurant meal.
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