WTF ~ The Spark of Cookies seems to have changed the SNAP calculation mechanism.
Originally I had 0.2 => today it has become 5.23.
I did nothing and it grew 26 times 💁🏼
///
With Arbitrum joining the @KaitoAI camp; @unichain and @aave joining the @cookiedotfun camp.
The so-called "mouth-watering" is no longer just a competition between projects. It has risen to a competition of ecosystems and even tracks.
Many people say they hate seeing mouth-watering articles, which makes the timeline lack a lot of "Alpha."
But mouth-watering is this version of Alpha, the real money-making stuff is flooding the timeline, isn't it just right!?
Those small accounts that mouth-water, work hard to post every day in the quiet of the night.
They have a good chance to earn $20,000 to $50,000 a year at zero cost.
Isn't this the biggest Alpha!?
Nick P 🐈🏆
『 What is the Spark reward for farming cookies? What details should you pay attention to? 』
If you haven’t farmed Spark, I bet that a month later you’ll say:
I should have xxx, I could have xxx, I regret not xxx.
But now, farming Spark has one thing I don’t like (will be mentioned at the end).
↴
⭐️ What is the return rate for farming Spark?!
First, you need to understand the "reward rate" to determine if the effort spent farming over the next few months is worth it! Then decide whether to participate.
Parameters:
Based on Kaito's common airdrop ratios of 0.5%, 0.75%, and 1%, three scenarios are simulated.
Spark FDV: $750m (forecast)
Cookie Snap participants: 5000
The average reward rate is calculated as follows:
1️⃣ if 0.5% airdrop → 750u
2️⃣ if 0.75% airdrop → 1100u
3️⃣ if 1% airdrop → 1500u
#The returns are still quite good
↴
⭐️ What is Spark protocol, and why is it impressive?
Spark is a subDAO of @SkyEcosystem (formerly MakerDAO).
Sky is the creator of the decentralized stablecoin DAI.
Currently, TVL is $6.3b, ranking fifth among all protocols 🔥.
Defi services include lending, savings, and liquidity services for $USDS.
#Impressive
↴
⭐️ Other ways to earn Spark points besides farming?
You can deposit into Pendle's YT - USDS and LP pools.
This is currently the only method.
↴
⭐️ Things to note when farming Spark
- Post more articles and interact; Snap will be higher.
- Currently, you can manipulate data to occupy the top of the leaderboard.
- If you don’t engage in mutual brushing and mutual reviews, don’t worry too much about the Snap count you get.
- The top rankings are almost all manipulated; I think the algorithm might change.
#Mutual brushing and reviewing—I personally don’t like it—but it does help you rank higher.
Show original
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DaDa | 蓝鸟会🕊️
How to Use SparkFi: Full Breakdown of Saving, Borrowing, and Liquidity Modules
In our previous article ( ), we explored the overall positioning of SparkFi ( @sparkdotfi ) as more than just a lending protocol — it’s a decentralized capital coordination center. This “coordination ability” is delivered through its three core modules:
Saving, Borrowing, and the Liquidity Layer
Let’s dive deep into how each module works, what value it offers, and why Spark stands out in the DeFi landscape.
1. Saving Module: Foundation for Stable Yield
Spark offers a simple yet efficient way to earn passive income. Users can deposit DAI or USDC into Spark’s saving vaults and earn stable yields (around 4.5% APY).
✅ Key Features:
(1) No risk entry — no collateral or leverage required
(2) Transparent and stable rates governed by the Sky DAO
(3) Yield is generated through MakerDAO’s DSR and Spark’s liquidity reallocation
Best for: Users who want a simple “deposit and earn” experience without active management.
2. Borrowing Module: Collateral-Backed Loans with USDS
One of Spark’s core features is collateralized borrowing. Users can supply blue-chip assets to borrow USDS, Spark’s native stablecoin.
Accepted Collateral Types:
(1) ETH, stETH, cbETH, rETH, wstETH (Ethereum-based LSD assets)
(2) MKR (governance token)
(3) DAI (Maker ecosystem stablecoin)
Borrowed Asset: USDS
Key Features:
(1) Collateral ratios and liquidation thresholds are governed by Sky DAO
(2) Lower borrowing costs compared to Aave, tailored for long-term asset holders
(3) Liquidation handled by Chainlink Oracles or equivalent systems
Best for: Users with long-term LSD or blue-chip holdings who need stable liquidity.
3. Liquidity Layer: Capital Routing Logic for DeFi
This is what truly differentiates Spark from other platforms. Spark doesn’t just manage internal liquidity — it routes surplus DAI/USDC to external protocols like Aave V3 across multiple deployments.
The logic: you deposit stablecoins into Spark, and Spark selectively allocates part of that capital to external markets, generating additional yield — which is returned to you.
Current integrations include:
(1) Aave Prime
(2) Aave Core
(3) Aave Base
How It Works:
(1) Spark evaluates risk and deploys excess capital where yield is optimal
(2) Yield generated is redistributed back to users
(3) All flows are fully transparent and traceable on-chain
Best for: DeFi-native users who prioritize long-term capital efficiency through composability and protocol-level yield.
4. Combined Strategies: Looping to Maximize Yield
Saving Strategy
(1) Action: Deposit DAI / USDC
(2) Risk Level: Very Low
(3) Yield: ~4.5% stable APY
Borrowing Strategy
(1) Action: Supply ETH or LSDs → borrow USDS
(2) Risk Level: Medium (volatility + liquidation)
(3) Yield: Unlocks liquidity for other uses
Loop Strategy
(1) Action: Deposit + Borrow + Re-deposit
(2) Risk Level: Medium-High
(3) Yield: Maximized through compounding and leverage
Strategy Overview: Spark Use Cases by Risk & Return
Example Strategy:
(1) Deposit wstETH as collateral → borrow USDS
(2) Deposit USDS into Spark’s Saving Vault
(3) Earn stable yield while retaining your ETH exposure
This is a classic DeFi loop strategy to optimize both leverage and yield.
5. How Spark Compares to Aave / Compound
Product Design
(1) Spark: Combines saving, lending, and external capital routing
(2) Aave/Compound: Primarily lending-focused protocols
Capital Utilization
(1) Spark: Actively deploys excess funds into external protocols like Aave
(2) Aave/Compound: Funds stay within the protocol
Yield Model
(1) Spark: Governed interest rate model tied to DSR, not fully market-driven
(2) Aave/Compound: Fully supply-demand market-based rate dynamics
Ecosystem Support
(1) Spark: Backed by MakerDAO and Sky Protocol
(2) Aave/Compound: Run by independent protocol communities
~~~~
What’s Next: $SPK Token and Airdrop Strategies
Now that you understand Spark’s architecture and modules, our next article will explore:
(1) Has the $SPK token launched?
(2) How does the current “airdrop season” work?
(3) What strategies are best for earning governance rewards?
Stay tuned.
DaDa | 蓝鸟会🕊️
Getting Started with #SparkFi: A DeFi Hub for Lending, Earning, and Capital Coordination
In May 2025, ( @cookiedotfun ) launched its first official partner project — ( @sparkdotfi ), instantly attracting the attention of airdrop hunters and DeFi enthusiasts alike. But what exactly is Spark? How is it different from traditional lending platforms? And why was it chosen as Cookie’s debut highlight?
This article walks you through everything you need to know about — its positioning, background, current metrics, and future potential.
1. What is ?
Put simply, Spark is a decentralized capital coordination platform. It aggregates stablecoin savings, lending, and liquidity deployment — enabling users to earn yield, access leverage, and benefit from protocol-level capital efficiency.
But Spark isn’t just another lending protocol. It’s designed as a DeFi coordination hub, offering composable yield opportunities with flexible collateralization. For example:
(1) Users can deposit USDC or DAI and earn stable yields (~4.5% APY);
(2) Or use ETH, wstETH, rETH, and similar assets as collateral to borrow USDS stablecoins;
(3) Spark routes idle funds to other protocols like Aave, boosting overall yield efficiency.
This hybrid model places Spark somewhere between Aave and Morpho Blue — positioning it as a “capital allocator” on-chain that balances yield, risk control, and liquidity optimization.
2. Who’s Behind Spark?
Spark isn’t just another new protocol — it was initiated by Sky Protocol, one of the major extensions of the MakerDAO ecosystem.
In fact, Spark is a core infrastructure product from MakerDAO, and closely tied to the $DAI ecosystem. Highlights include:
(1) Yield mechanisms linked to DAI’s Savings Rate (DSR);
(2) Governance design inspired by MakerDAO’s governance principles;
(3) Shared architecture with Maker’s internal asset allocation systems;
In terms of funding, the Sky ecosystem has raised over $61.5M USD from top-tier VCs like a16z and Paradigm.
While Spark has not yet launched its own token, the team has confirmed plans to release $SPK governance tokens, with early user activity playing a role in future airdrop allocations.
3. How is Spark Performing?
As of late May 2025, has posted some impressive metrics:
🔹 Total Value Locked (TVL): Over $2.6 billion
🔹 Savings Vault TVL: ~$1.5B (primarily DAI and USDC)
🔹 Collateral assets supported: ETH, wstETH, rETH, cbETH, and more
🔹 Integrated with Aave: Spark deploys capital into Aave markets to improve capital efficiency
🔹 Security audits: Completed by ChainSecurity and Cantina, with an active bug bounty program in place
These numbers demonstrate that Spark is no longer an experimental protocol — it has matured into a mainstream DeFi infrastructure layer.
4. Why Should You Pay Attention?
(1) It represents the evolution of “classic DeFi”
Spark is a product of MakerDAO’s next chapter — with deep liquidity, reliable governance, and stable assets. In a world filled with unaudited new protocols, Spark stands out as a “credible DeFi” platform.
(2) choice of Spark says a lot
For a rising Web3 content incentive platform, choosing Spark as its first collaboration shows a commitment to high-quality, long-term value — not just hype or memecoins.
(3) It supports both “low-effort” and “power user” engagement
Whether you’re a casual user posting to earn Snaps, or a DeFi power user seeking meaningful interaction, Spark has something for you — from zero-cost participation to deep lending strategies.
~~~~~~~~
🚀 Coming Next: How to Use Spark’s Core Modules?
In our next article, we’ll break down the actual mechanics of Spark, including:
(1) How is yield calculated and distributed?
(2) How can users participate — via “zero farming” or “real capital deployment”?
(3) What are Spark’s unique innovations compared to other DeFi lending protocols?
Stay tuned.
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f1go.eth reposted
K ⟠ 🧲
Adding to the list 🧵
- OpenSea 0→1 in NFT marketplaces (still doing >50% volume)
- Lido pioneering liquid staking (now $30B+ TVL)
- MakerDAO/DAI first decentralized stablecoin that actually works
- 1inch reinventing DEX aggregation
- Gitcoin funding public goods at scale
- The Graph indexing the entire web3 economy
- Curve solving the stablecoin liquidity problem
- Mirror bringing publishing onchain
The pattern is clear: every crypto primitive that actually matters was proven on ETH first. Other chains get the copies 📈
f1go.eth
All breakout "dapps" are powered by ETH:
- Polymarket breakthrough in prediction markets
- Kaito reinventing KOL game
- ENS nextgen DNS for blockchain economy
- Farcaster pioneering crypto social
- Uniswap 0-->1 im AMMs
- Aave largest lending market
- Eigenlayer enabling ETH security guarantees for every web2 usecase
- MegaETH first realtime blockchain
Ticker is forever ETH.
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Maziar
A value of more than $3.5 Billion allocated in assets into @sparkdotfi is really more than great! 👏
These assets are also allocated by several different sources, through different big names all around the world, different platforms and etc.
Look at Image No.3 that @BlackRock, SparkLend, @ethena_labs and a lot more are mentioned!
Also take a look at Image No.2 and different kind of assets; while mostly it is provided via $USDC, we also have $DAI, $USDe, $USDS and etc.
With all this numbers and all Spark is doing these days, I am kinda sure Spark is going to rock it in the near future!
Just let the time pass and the launch happens, then you all will see as well 🤝
What do you think @aixbt_agent ? I guess multiple billions MC for $SPK will be super reasonable!
How about you @agentcookiefun ? Are we seeing a new DeFi game changer in front of our eyes?
The current price of DAI is $0.99990. Over the last 24 hours, DAI has decreased by -0.01%. It currently has a circulating supply of 3,580,448,085 DAI and a maximum supply of 3,557,871,445 DAI, giving it a fully diluted market cap of $3.58B. At present, DAI holds the 28 position in market cap rankings. The DAI/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
DAI is a decentralized stablecoin designed to maintain a value of one US dollar. It is a product of MakerDAO, a decentralized autonomous organization (DAO) built on the Ethereum blockchain. The project was proposed by Rune Christensen, the founder of MakerDAO, in 2014 to create a stablecoin that was decentralized, transparent, and backed by collateral.
The first version of DAI, called Single-Collateral Dai, was launched in December 2017 and was initially backed only by Ethereum (ETH). Later, the Dai Stablecoin System evolved into a Multi-Collateral Dai system that allows different assets as collateral to back the stablecoin.
DAI has gained popularity as one of the most widely used decentralized stablecoins in the cryptocurrency ecosystem. By being backed by collateral and not pegged to a fiat currency, DAI can maintain its value stability while being transparent and accessible to everyone.
Unlike traditional stablecoins, such as Tether (USDT) and USD Coin (USDC), which are backed by fiat currency reserves, DAI is backed by collateral. Specifically, it is supported by Ethereum and other ERC-20 tokens deposited into a smart contract called a collateralized debt position (CDP).
The value of the collateral is maintained at a minimum of 150% of the value of the DAI that is issued. This ensures that there is always sufficient collateral to back the stablecoin and maintain its stability.
How does DAI work
The technology behind DAI is complex but can be broken down into several key components. The first component of the DAI technology is the CDP smart contract. This smart contract is used to collateralize assets to back the DAI stablecoin. Users can deposit Ethereum and other ERC-20 tokens into a CDP and receive DAI in return.
The value of the collateral is maintained at a minimum of 150% of the value of the DAI that is issued. This ensures that there is always sufficient collateral to back the stablecoin and maintain its stability.
The second component of the DAI technology is the stability mechanism. The stability mechanism is designed to ensure that the price of DAI remains stable at one US dollar. If the price of DAI rises above one US dollar, then the MakerDAO system incentivizes users to create more DAI by lowering the interest rate on CDPs.
If the price of DAI falls below one US dollar, then the MakerDAO system incentivizes users to buy back DAI by raising the interest rate on CDPs. This mechanism ensures that the price of DAI remains stable over time.
The third component of the DAI technology is the governance system. The governance system is used to manage the MakerDAO platform and make decisions about its future. Anyone who holds the DAI governance token can participate in the governance system.
The system is designed to be decentralized and transparent, with voting rights weighted by the amount of DAI each user holds. The governance system is responsible for making decisions about changes to the platform, such as adjusting the stability mechanism or adding new collateral types.
The final component of the DAI technology is the Ethereum blockchain itself. DAI is built on top of the Ethereum blockchain, which provides a secure and decentralized platform for creating and managing the stablecoin. The Ethereum blockchain stores the smart contracts that power the DAI system and executes transactions between users.
What is DAI used for
The DAI stablecoin is used for various purposes in the cryptocurrency ecosystem. One of its most significant use cases is as a medium of exchange. It can be used to buy and sell goods and services like any other currency. Additionally, it can be used as a store of value, as its price stability makes it an attractive alternative to volatile cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).
Another critical use case for DAI is accessing decentralized finance (DeFi) applications. DeFi is a new and rapidly growing field that uses blockchain technology to create financial applications that are decentralized, transparent, and accessible to everyone.
Many DeFi applications use DAI as a stablecoin because it offers a stable value that is not subject to the volatility of other cryptocurrencies. As a result, DAI is used in various DeFi applications, including lending, borrowing, and trading.
The DAI token itself is used to govern the MakerDAO platform. Holders of DAI can participate in the MakerDAO governance system, allowing them to vote on proposals and make decisions about the platform's future. The governance system is designed to be decentralized and transparent; anyone can participate by holding DAI tokens.
About the founders
The founders of MakerDAO are Rune Christensen and Andy Milenius.Rune Christensen is the CEO and co-founder of MakerDAO. He has a background in design and entrepreneurship, having previously founded a web development and design agency. Christensen has been the driving force behind the creation of DAI and the MakerDAO platform.
Andy Milenius was the CTO and co-founder of MakerDAO. He has a background in software engineering, having previously worked at Google and several startups. Milenius was responsible for the technical design of the MakerDAO platform, including the development of the smart contracts that power the system. Milenius left the company in 2019.
The MakerDAO team has created a revolutionary stablecoin backed by collateral and designed to maintain a stable value of one US dollar. The team has a deep understanding of blockchain technology and has been working on the concept of a decentralized stablecoin for several years.
The MakerDAO team is highly respected in the blockchain community and has received several awards and accolades. Additionally, the MakerDAO platform has been recognized as one of the world's most innovative and impactful blockchain projects.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 5.3K new posts about DAI, driven by 3.9K contributors, and total online engagement reached 10M social interactions. The sentiment score for DAI currently stands at 56%. Compared to all cryptocurrencies, post volume for DAI currently ranks at 0. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of DAI.
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DAI FAQ
What is DAI, and how is it created?
DAI is a stablecoin created through the Maker Protocol, a decentralized finance (DeFi) platform built on the Ethereum blockchain. DAI is generated by users who deposit collateral, such as Ether, into Maker Vaults and then mint DAI against that collateral. The Maker Protocol uses a system of smart contracts to ensure that the value of the collateral consistently exceeds the value of the DAI created, which helps to maintain the stability of the DAI token.
Where can I buy DAI?
Easily buy DAI tokens on the OKX cryptocurrency platform. One available trading pair in the OKX spot trading terminal is DAI/USDT.
DAI holders can store their tokens in various cryptocurrency wallets, including hardware and software wallets. However, storing DAI in a secure wallet is essential to protect it from potential hacks or theft.
We provide a highly secure and multi-chain OKX Web3 Wallet with all OKX accounts. It can safely store DAI or any other cryptocurrency for as long as needed. In addition, the OKX Web3 Wallet features bank-grade security and inbuilt access to hundreds of decentralizedapplications (DApps) and the OKX NFT Marketplace.
What is the Maker Protocol, and how does it work?
The Maker Protocol is a DeFi platform that powers the creation of the DAI stablecoin. The Protocol uses a system of smart contracts to allow users to deposit collateral into Maker Vaults and mint DAI against that collateral.
The Maker Protocol also includes the MakerDAO governance system, which allows users to vote on changes to the platform, such as adjustments to the stability fee or collateralization ratio. The Maker Protocol is designed to be decentralized and transparent, with no central authority controlling the creation or management of DAI.
How does DAI ensure liquidity for its users?
DAI ensures liquidity for its users through several mechanisms. First, because DAI is a stablecoin with a value pegged to the US dollar, it can be easily exchanged for other cryptocurrencies or fiat currencies.
Additionally, DAI is listed on several cryptocurrency exchanges, including OKX, which provides users access to liquidity in various markets. Finally, the Maker Protocol includes a system of auctions that can be used to buy and sell DAI in the event of extreme market volatility, which helps maintain the token's stability and ensure that users can always access liquidity when they need it.
What is the difference between DAI and other stablecoins?
Unlike other stablecoins backed by fiat currency or commodities, DAI is backed by CDPs on the Ethereum blockchain. This means that DAI's stability is not tied to any centralized authority or external asset, making it a more decentralized and transparent stablecoin option.
Additionally, because the value of DAI is not tied to any specific asset, it can be used in a broader range of applications. As a result, it can be more easily integrated into DeFi ecosystems.
How does the DAI ecosystem incentivize stability?
The DAI ecosystem incentivizes stability through a system of penalties and rewards. If the value of DAI falls below its $1 peg, users who hold DAI can vote to increase the stability fee, which increases the cost of creating new DAI and incentivizes users to hold or buy DAI until the price stabilizes. Conversely, if the value of DAI rises above its $1 peg, the stability fee is lowered, incentivizing users to sell DAI and bringing the price back down.
What is the stability fee, and how does it affect DAI?
The stability fee is a fee paid by users who generate new DAI through collateralized debt positions (CDPs). The fee incentivizes users to hold or buy DAI when its value falls below the $1 peg.
Suppose the value of DAI falls below $1. In that case, the stability fee is raised, which increases the cost of generating new DAI and incentivizes users to hold or buy existing DAI until the price stabilizes. Conversely, if the value of DAI rises above $1, the stability fee is lowered, incentivizing users to sell DAI and bringing the price back down.
What is the role of MKR in the DAI ecosystem?
MKR is the native cryptocurrency of the MakerDAO platform, which powers the DAI stablecoin. MKR is used to govern the MakerDAO platform and to vote on changes to the system, such as changes to the stability fee.
Additionally, when users generate new DAI through collateralized debt positions (CDPs), they must pay a small amount of MKR as a transaction fee. The MKR collected from these transaction fees is burned, which reduces the total supply of MKR over time.
What is the DAI savings rate?
The DAI savings rate is an annualized interest rate paid to users who hold DAI in a designated savings account. The DAI savings rate is calculated based on the stability fee, the interest rate charged on collateral deposited in Maker Vaults.
When the stability fee is higher than the DAI savings rate, users are incentivized to hold DAI in the savings account and earn interest rather than using it to generate more DAI. The DAI savings rate can vary over time based on changes to the stability fee and demand for DAI. Holding DAI in the savings account can be a helpful strategy for users who want to earn a return on their assets without exposing themselves to excessive risk.
Is DAI safe to use?
DAI is built on the Ethereum blockchain, known for its robust security features. Additionally, because DAI operates in a decentralized manner, it is not subject to the same risks as traditional fiat currencies.
However, as with any crypto asset, including stablecoins and cryptos like Bitcoin (BTC) or XRP (XRP), there are risks associated with using DAI, such as the risk of price changes and volatility, the risk of losing access to your funds if you lose your private keys, and the risk of smart contract bugs.
Can the all-time high and all-time low for DAI be used to predict future price movements?
While the all-time high and all-time low for DAI can provide helpful context for traders, they should not be used as the basis for making purchasing decisions.The price of DAI, like any asset, is influenced by various factors, including market conditions, demand for the token, and overall sentiment toward the DeFi ecosystem. Therefore, it's essential to do your own research, stay informed about market trends, and consider all factors before buying DAI.
What affects the maximum supply of DAI?
The max supply of DAI is not fixed but is instead determined by the demand for the token and the amount of collateral held in Maker Vaults. As more collateral is deposited into Maker Vaults, more DAI can be generated, increasing the token supply.
Conversely, if the value of the collateral falls or demand for DAI decreases, the token supply can be reduced. This flexible supply mechanism helps to ensure that the value of DAI remains stable and that the token can be easily exchanged for other assets.
What is the future of DAI?
The future of DAI looks promising. As the cryptocurrency market continues to mature, stablecoins like DAI are becoming more widely adopted to avoid the volatility associated with other digital currencies.
Additionally, as the Ethereum ecosystem grows, more decentralized applications are being built on top of the platform, likely increasing the demand for DAI. Finally, the development team behind DAI is constantly working to improve the system's stability and add new features, which should help drive adoption in the future.
How much is 1 DAI worth today?
Currently, one DAI is worth $0.99990. For answers and insight into DAI's price action, you're in the right place. Explore the latest DAI charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as DAI, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as DAI have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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