SAI-SaiDetailed Description

SAI-Sai Detailed Description

Single Collateral DAI (SAI) is a dollar-pegged stablecoin on the Ethereum blockchain that does not rely on a centralized authority. Single Collateral DAI (SAI) is a stable cryptocurrency backed by Maker (MKR). To ensure price stability, Single Collateral DAI (SAI) minimizes price volatility against the USD through its incentive structure for its participants. Single Collateral Dai (SAI) was upgraded to Multi-Collateral Dai (Dai).