<p>Bitget is a world-renowned crypto derivative trading platform established in Singapore since 2018.The team consists of a world-class financial team and aims to create the most professional and secure new exchange in the world.Bitget is the first platform in the world that has both USDT forward contracts and inverse contracts.At present,Bitget contract trading volume ranks among the top five in the world. According to TokenInsight data, Bitget USDT contract liquidity ranks among the top3 in the world.Bitget completed $10 million USD in Series-B financing backed by Anlan Capital growth fund as well as South Korea-listed Japanese gaming company SNK, raising its valuation to USD $1 billion on July 2020.</p>
<p>Bitget was establishment of branches in Japan, South Korea, Vietnam, Canada, The team members specialized cryptography-based , financial investment, social media and numerous leading companies.</p>

Multi-collateral DAI

<p>Dai is the largest decentralized stablecoin on Ethereum. Developed and managed by MakerDAO, Dai is the infrastructure for decentralized Finance (DeFi). Dai is issued by full collateral on the chain of assets and is anchored 1:1 to the DOLLAR, with 1Dai=1 DOLLAR. Individuals and businesses can obtain safe-haven assets and liquidity by exchanging or mortgaging Dai. Dai has been applied in mortgage lending, margin trading, international transfer and supply chain finance. </p>
The <p>Maker protocol, also known as the Multi-mortgage Dai (MCD) system, allows users to generate A Dai by leveraging a mortgage asset approved by Maker Governance. Maker Governance is the community organizing and operating process for managing all aspects of the Maker protocol. Dai is a decentralized, unbiased, mortgage-backed cryptocurrency pegged to the US dollar. Dai's low volatility protects against hyperinflation and provides economic freedom and opportunity for anyone, anywhere. </p>
<p>Dai Stable currency is a digital currency backed by mortgage assets whose price remains stable against the DOLLAR. Maker is a smart contract platform on Ethereum that supports and stabilizes Dai prices through CDP, automated feedback mechanisms and appropriate external incentives. The Maker platform gives anyone the opportunity to leverage DAI with Ethereum assets. When Dai is created, it can be used like any other digital currency asset: freely distributed to others, as a means of payment for goods and services, or in long-term storage. Importantly, the emergence of Dai is also a necessity for robust decentralized leveraged trading platforms. </p>
<p> All DAIs are created by mortgaging digital assets on the chain. The launch of Dai was made possible through a series of smart contracts. This series of smart contracts is called CDP (Collateralized debt obligation Position). In current market conditions, a user needs to pledge at least 150% of ETH value (i.e., $150 ETH value) in order to obtain the equivalent of $100 Dai, and the safety valve value is 200%. This percentage is called the Collateralization ratio. </p>
<div>
The CDP of the <div>Dai system also has another parameter, called Liquidation Ratio, which is the lowest pledge rate acceptable to the system, i.e. 150%. When the market value fluctuates so that the pledge rate falls below the liquidation rate, the ETH pledged by the CDP is auctioned and the Dai obtained from the auction is destroyed, thus ensuring a stable ratio of the overall pledge to the ISSUED Dai. </div>
</div>

BSC，Ethereum，Fantom，Polygon，Avalanche，Optimism，Harmony，Solana，Terra，Arbi，Moonriver，Moonbeam，Gnosis，Energi，Klaytn，CronoScan，NEAR Protocol，MetisDAO，EveriToken

0x1af3f329e8be154074d8769d1ffa4ee058b1dbc3

0x6b175474e89094c44da98b954eedeac495271d0f

0x8D11eC38a3EB5E956B052f67Da8Bdc9bef8Abf3E

0x8f3Cf7ad23Cd3CaDbD9735AFf958023239c6A063

0xd586E7F844cEa2F87f50152665BCbc2C279D8d70

0xda10009cbd5d07dd0cecc66161fc93d7c9000da1

0xef977d2f931c1978db5f6747666fa1eacb0d0339

EjmyN6qEC1Tf1JxiG1ae7UTJhUxSwk1TCWNWqxWV4J6o

terra1zmclyfepfmqvfqflu8r3lv6f75trmg05z7xq95

0xDA10009cBd5D07dd0CeCc66161FC93D7c9000da1

0x80a16016cc4a2e6a2caca8a4a498b1699ff0f844

0x765277eebeca2e31912c9946eae1021199b39c61

0x44fA8E6f47987339850636F88629646662444217

0x0ee5893f434017d8881750101Ea2F7c49c0eb503

0x5c74070fdea071359b86082bd9f9b3deaafbe32b

0xf2001b145b43032aaf5ee2884e456ccd805f677d

0x4651B38e7ec14BB3db731369BFE5B08F2466Bd0A

eb2ccad2020d9af9cec137d3146dde067039965c13a27d97293c931dae22b2b9

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Celsius Repays $10M DAI to Compound

Could the New House Stablecoin Bill Kill FRAX and DAI?

https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDcvMDgzMTUxMTAtODY5My00Y2JiLWE2MDAtZjllODdhNzM5MTgyLmpwZw==.jpg

Celsius pays down 143M in DAI loans since July 1

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Bitfinex

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<p>Graduated from the University of Copenhagen, co-founded the recruitment company Try China during school, responsible for recruiting customers and managing business; founded the Maker agreement in March 2015, launched the OasisDEX decentralized exchange in 2016, and officially launched in Ethereum in 2017 List DAI.</p>

	Rank	Source	Price	24h	Volume(24H)	Trading Percent	Updated
1	Kraken	1	Kraken	DAI/EUR	0.92302000	0.32%	$1,051,716.77	3.4350%	2024-10-22 08:52:47
2	Bitget	2	Bitget	DAI/USDT	1.0004	0.02%	$660,466	2.1571%	2024-10-22 09:15:35
3	Kraken	3	Kraken	DAI/USD	$0.99976	0%	$657,596.21	2.1478%	2024-10-22 09:02:42
4	OKX	4	OKX	DAI/USDT	1.0008	0.03%	$441,877.59	1.4432%	2024-10-22 09:16:34
5	Gemini	5	Gemini	DAI/USD	$0.99975	-0.01%	$215,299.25	0.7032%	2024-10-22 09:03:31
6	MEXC	6	MEXC	DAI/USDT	1.0004	0.02%	$174,277.43	0.5692%	2024-10-22 09:15:03
7	Gate.io	7	Gate.io	DAI/USDT	0.99980000	-0.02%	$169,147.6	0.5525%	2024-10-22 09:16:33
8	CoinW	8	CoinW	DAI/USDT	0.99660000	0.09%	$141,218.05	0.4612%	2024-10-22 09:16:50
9	Bitget	9	Bitget	DAI/USDC	1.0008	0.21%	$55,735.85	0.1820%	2024-10-22 09:15:35
10	BingX	10	BingX	DAI/USDT	1.0006	0.01%	$52,796.1	0.1724%	2024-10-22 09:13:36
11	Bitfinex	11	Bitfinex	DAI/USD	$0.9983800000000002	0.01%	$2,144.26	0.0070%	2024-10-22 09:16:42
12	Crypto.com Exchange	12	Crypto.com Exchange	DAI/USD	$0.99974	0.01%	$2,038.12	0.0067%	2024-10-22 09:16:45

	Volume(24H)	Trading Percent
OKX	OKX	$443,469.5	2.9089%	Visit
Bitfinex	Bitfinex	$2,144.26	0.0141%	Visit
Kraken	Kraken	$1,709,312.98	11.2122%	Visit
Gate.io	Gate.io	$169,148.76	1.1095%	Visit
Crypto.com Exchange	Crypto.com Exchange	$4,020.57	0.0264%	Visit
Bitget	Bitget	$716,201.85	4.6979%	Visit
MEXC	MEXC	$174,277.43	1.1432%	Visit
BingX	BingX	$52,796.1	0.3463%	Visit
CoinW	CoinW	$141,218.05	0.9263%	Visit
Gemini	Gemini	$215,299.25	1.4123%	Visit
BitMart	BitMart	$900,168.19	5.9046%	Visit

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