xDAI
web3VerifiedxDAI is a stablecoin intricately linked to Ethereum's DAI token, designed to maintain a 1:1 peg...
Stage
Series B
Funding
Undisclosed
Team
0
0.0Mission ScoreFixed 0-100 scale
About
xDAI is a stablecoin intricately linked to Ethereum's DAI token, designed to maintain a 1:1 peg with the US Dollar. This stablecoin is bridged to the Gnosis Chain, a blockchain ecosystem known for its low transaction fees and efficient operations. Unlike DAI, which operates on Ethereum's blockchain, xDAI leverages the Gnosis Chain to offer a more cost-effective solution for transactions.
Expert Insight
Verified Series B project.
Expert Coverage
No published expert evaluations are available for this project yet.
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