The Day

In the cold winter afternoon, James Peterson woke up from a nap and heard that the sound he thought was shot in a nearby area. He jumped out of bed and hurried to the window to see what happened. For his joy, he only saw two children playing with a firecracker. James postponed his algebraic work and decided to hug him on the sofa and read his favorite book. James reads a few books a week and likes to read well. This special book is about a young man named Albert. And he seems to always find himself in the most special circumstances.

Of course, my demand for Dai raised the price and eventually the wearing value has increased until it is close to $ 1 dollar. If Dell remains below $ 1, the CDP owner will repay the debt and continue to remove it from the system. When Dai exceeds $ 1, Dai will be created to meet the demand. It is this push - pull, create, and destroy that, depending on the supply - demand relationship, it is guaranteed that the large total price always matches a one - dollar peg. In the Maker system where the ETH value for the dollar must be coming from somewhere, it comes from God. Multiple Oracles provide pricing data to reduce the risk of any Oracle being threatened. In addition, to prevent sudden changes caused by attackers, the amount of ETH that can be changed per price of $ 1 is limited.

When exhausted from the US dollar peg, the stable currency linked with the dollar is replaced with the second stable currency. It is pegged to the US dollar at 1: 1 and is supported by Dai as collateral. Of course there are other second tier The stable coins supported by Li people are linked to major legal currencies like euro, pound, yen etc. The planned Dai expansion to be launched on December 17 is a modified version of the prototype stable currency system called Sai. Based on the first version of Sai code base Dell, you can start Dai faster and increase trust for its security, which also means there are many differences you need to upgrade later .