Dai
Fleeting- External reference: https://en.wikipedia.org/wiki/Dai_(cryptocurrency)
Dai (cryptocurrency) - Wikipedia
Dai (or DAI, formerly Sai or SAI) is a stablecoin cryptocurrency which aims to keep its value as close to one United States dollar (USD)
Dai is maintained and regulated by MakerDAO, a decentralized autonomous organization (DAO)
governance token, MKR,
Users who deposit Ether (or other cryptocurrencies accepted as collateral) are able to borrow against the value
if its value increases, additional Dai can be borrowed
by repaying a loan and its accrued interest, the returned Dai is automatically destroyed and the collateral is made available for withdrawal