Details about Klaytn Dai cryptocurrency
€1,151
1
0.02
https://makerdao.com/
@MakerDAO
Klaytn Dai price charts
KDAI exchanges
Klaytn Dai, the crypto
Klaytn Dai (KDAI) is a stablecoin built on the Klaytn blockchain, which is a public blockchain platform developed by Ground X, a subsidiary of Korean internet giant Kakao. KDAI is pegged to the value of 1 US dollar and is backed by an equivalent amount of collateral in KLAY tokens.
The point
The main point of KDAI is to provide a stable and reliable cryptocurrency that can be used as an efficient medium of exchange and store of value, while avoiding the price volatility associated with other cryptocurrencies like Bitcoin or Ether.
The problem
KDAI tries to solve the problem of volatility in the cryptocurrency market. By being pegged to the US dollar, KDAI can provide a stable and predictable value that is not subject to the fluctuations and uncertainties that often plague other cryptocurrencies. This makes it more suitable for everyday transactions and as a store of value, while reducing the risks for both buyers and sellers.
Compare KDAI and BTC performance
| Timeframe | KDAI | BTC |
|---|---|---|
| 1h change | -0.270735 % | 0.719949 % |
| 24h change | -0.84 % | -3.20741 % |
| 7 day change | -11.03 % | -9.26132 % |
| 14 day change | 1.08 % | -5.61515 % |
| 30 day change | -28.02 % | -15.3674 % |
| 200 day change | -79.99 % | 112.704 % |
| Year change | -79.15 % | 111.748 % |