# DAI by MakerDAO

> Dai is a stablecoin issued by Maker Protocol

**Categories:** Other, Stablecoin
**Phase:** mainnet
**Token:** DAI
**Updated:** 2026-05-27

## What is DAI by MakerDAO?

## What is Dai?

Dai is a decentralized, crypto-collateralized stablecoin running on the Ethereum blockchain that aims to maintain a 1:1 peg to the U.S. dollar. Governed by MakerDAO, it is backed by a mix of crypto assets (like ETH, USDC) held in smart contract vaults, rather than fiat currency reserves. Users generate Dai by depositing collateral into these vaults, maintaining stability through over-collateralization

$DAI on NEAR: https://nearblocks.io/token/6b175474e89094c44da98b954eedeac495271d0f.factory.bridge.near 




## Links

- Website: https://makerdao.com/
- X / Twitter: https://x.com/SkyEcosystem
- Telegram: https://t.me/makerdaoOfficial

## Related categories

- [Other](https://nearcatalog.xyz/category/other)
- [Stablecoin](https://nearcatalog.xyz/category/stablecoin)

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