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How they work: types of you can enjoy your pizza buy ETH and swap it.
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What is MakerDAO and how does DAI work?So I think I used to understand how DAI worked, ie you'd sell what was effectively a promise of $1 worth of ETH in the future and put up. MakerDAO enables the generation of Dai, the world's first unbiased currency and leading decentralized stablecoin. Current ETH to DAI exchange rate. 1 ETH equals 2, DAI. The current value of 1 Ethereum is +% against the exchange rate to DAI in the last 24 hours.
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