How to buy Dai (DAI)?

[rick666]

The MakerDAO project created Dai, an Ethereum ERC20 token and stablecoin. MakerDAO (MKR) Maker is an Ethereum blockchain-based decentralized autonomous organization that aims to reduce the volatility of its own stable token, the Dai. Dai is a cryptocurrency that automatically responds to emerging market conditions in order to maintain its value in relation to major world currencies. Dai was created by the Dai Stablecoin System, a decentralized platform based on the Ethereum blockchain.

Key Characteristics of DAI
The Maker Protocol, also known as the Multi-Collateral Dai (MCD) system, allows users to generate Dai by using collateral assets approved by "Maker Governance."

The Maker's Protocol. Decentralized finance (DeFi) application that allows MKR holders to manage the Protocol's and Dai's financial risks, ensuring the Protocol's stability, transparency, and efficiency. In a voting contract, one vote is equal to one MKR token.
Non-custodial smart contracts are created by leveraging accepted collateral assets and developing DAI.

DAI Tokenomics

The MakerDao Reserve has a total supply of 7.4 billion DAI tokens, which are pegged to USD at a 1:1 ratio. There is also speculation that supply will expand further. At the time of writing, DAI has an estimated market cap of $7,392,772,125 and a fully diluted market cap of $7,392,292,722.

The MakerDao Reserve has a total supply of 7.4 billion DAI tokens, which are pegged to USD at a 1:1 ratio. There is also speculation that supply will expand further. At the time of writing, DAI has an estimated market cap of $7,392,772,125 and a fully diluted market cap of $7,392,292,722.

Looking for a way to purchase DAI? You can buy DAI on MEXC by following these steps:

1.Log in to your MEXC account and then select [Trade]. Select [Spot].
2.To see the available trading pairs, type "DAI" into the search bar. Consider the DAI/USDT pair.
3.Scroll all the way down to the [Spot] box. Enter the amount of DAI you wish to purchase. You can place a Limit order, a Market order, or a Stop-limit order. Consider the Market order. To confirm your order, click [Buy DAI]. The DAI you purchased will be stored in your Spot Wallet.

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