DAI is a stable coin on the Ethereum blockchain. The price of the coin is pegged to the dollar with an approximate ratio of 1:1. The value of DAI is regulated by a decentralized MakerDAO.

DAI news today, Dai crypto latest news of token ticker

MakerDAO is a platform created on Ethereum, has an open source. The main purpose of the token is to create assets similar to real ones.  The main features are the impossibility of obtaining a token using mining and the ability to vote in the polls.

Maker news today, MKR crypto latest news of token ticker

Maker

Following a remarkable demand that borrowed ~90% of the previous 400 million DAI increase, Maker Governance has enacted a new 400 million DAI credit line extension for @sparkdotfi.

This deployment, scheduled for January 14 at 00:55 UTC, will raise Spark's debt ceiling to 1.2…

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A 400-million extension has been deployed to @sparkdotfi , raising Spark's maximum debt ceiling to 1.2 billion. 

A new seamless flow of DAI available to be borrowed at predictable rates through https://t.co/yzR9qjm823, powered by direct injections from the Maker Protocol.

A 400-million extension has been deployed to @sparkdotfi , raising Spark's maximum debt ceiling to 1. 2 billion.