DAI
DAI.png
Dai (DAI), a stablecoin pegged to the U.S. dollar, is supported by the MakerDao protocol, an open-source project on the Ethereum blockchain, according to the white paper on MakerDao's website. It was released in 2017 as a single-collateral currency that only accepted Ethereum as collateral; today, it is a multi-collateral system. Its sibling is Maker (MKR), a utility token used to pay fees racked up generating Dai, according to a Medium.com explanation.