How Much is 1 DAI in BIT?

A1 DAI is worth 0.944374 BIT

ADai has been weakening against the BitDAO over the last 365 days. Today the DAI / BIT exchange rate is 46.2% lower than it was 365 days ago.

AEach crypto exchange has a slightly different focus and fee structure. Some exchanges are focused on simplicity and ease of use, however they may offer a slightly more expensive rate. Others are professional exchanges that can handle advanced order types and have smaller spreads meaning they can offer more competitive rates. Some exchanges will charge no exchange fee, but will effectively build a fee into a higher exchange rate.

AYou can earn up to 6% APY on Dai at Ledn, or go to our Dai savings table to compare more rates.

AYes, Dai worth more than BitDAO. 1 Dai is worth 1.00 USD. 1 BitDAO is worth 1.06 USD.

ADAI is a crypto-backed algorithmic stable coin provided by MakerDAO. One DAI is equal to one USD. Unlike other fiat-collateralized stablecoins, DAI is overcollateralized. If you want to receive 100 DAI which is worth 100$, you need to collateralize 150$ worth of Ethereum. The collateral ratio is decided by the MakerDAO platform's governance where anyone with MKR coin can vote. DAI is a fully decentralized stablecoin.

AYou can earn up to 6% APY on BitDAO at Ledn, or go to our BitDAO savings table to compare more rates.

AYes, 1 BIT worth more than 1 DAI. 1 BIT is worth 1.06 USD. 1 DAI is worth 1.00 USD.

ABitDAO is a decentralized autonomous organization (DAO) that aims to create a new decentralized financial (DeFi) ecosystem. The platform is built on top of the Ethereum blockchain and aims to provide users with access to a range of DeFi products and services, including lending, borrowing, trading, and asset management. One of the key features of BitDAO is its focus on community governance. The platform is governed by a community of token holders, who can vote on proposals and decisions related to the platform's development and direction. This ensures that the platform is decentralized and transparent, and that decisions are made in the best interests of the community as a whole. Another unique feature of BitDAO is its focus on sustainability. The platform is committed to supporting renewable energy initiatives and reducing its carbon footprint, and aims to become the world's first carbon-negative DAO. This aligns with the growing trend of environmentally conscious crypto initiatives and helps to position BitDAO as a leader in the space. BitDAO has also attracted significant support from some of the biggest names in crypto, including billionaire investor Peter Thiel and cryptocurrency exchange Bitfinex. This has helped to bolster confidence in the platform and its potential to disrupt the DeFi space. BitDAO is a promising platform that offers a decentralized and sustainable approach to DeFi. Its focus on community governance and sustainability sets it apart from other DeFi platforms, and its growing list of supporters bodes well for its future success.