2 posts tagged with "Snapshot"

Decentralized Autonomous Organisations (DAOs) are becoming increasingly popular with more and more projects becoming one. DAOs can be thought of as an internet-business that is managed by its community. DAOs allow the community to decide the future of the organization by submitting and voting on proposals, ensuring that everyone’s voice is heard.

Dai is considered among the most reliable stablecoins because the widely circulated coin is both pegged to the US dollar and backed by MakerDAO-approved crypto collateral. Dai can be created by opening Vaults (overcollateralized debt positions) through Oasis.app, which aims to be the most trusted decentralized application to interact with the Maker Protocol and to manage vaults.