How To Add DAI Wallet Address To Binance Smart Chain Wallet | DAI Coin. DAI is an Ethereum-based stablecoin (stable-price cryptocurrency) whose issuance and development is managed by the Maker Protocol and the MakerDAO decentralized autonomous organization.

The price of DAI is soft-pegged to the U.S. dollar and is collateralized by a mix of other cryptocurrencies that are deposited into smart-contract vaults every time new DAI is minted.

Binance Smart chain is gaining popularity as an Ethereum alternative mostly because of the cheaper transaction fees. Transactions are significantly cheaper, and the user experience is similar, if not even better. Binance smart chain is a fork of Ethereum blockchain. That means every Dapp that runs on Etereum could run on Binace smart chain.

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