Dai to Be Delisted From Crypto.com on January 31st — TradingView News
Crypto.com will delist Dai DAIUSD on January 31st. The deadline for converting or withdrawing these assets is March 31st. After this date, any remaining holdings may not be accessible through the exchange.
DAI Info
MakerDAO is a key player in the Decentralized Finance (DeFi) sphere, featuring a stablecoin, DAI, which is collateralized by cryptocurrency and pegged to the US dollar. The project is managed by a Decentralized Autonomous Organization (DAO), a governance structure involving token holders in decision-making processes.
The operational mechanism of MakerDAO revolves around the use of Maker Vaults where users lock their cryptocurrency at a specific Liquidation Ratio, enabling them to generate DAI. Overcollateralization is utilized…