{"id":278,"date":"2021-03-09T22:54:24","date_gmt":"2021-03-09T22:54:24","guid":{"rendered":"https:\/\/investapal.com\/TV\/?page_id=278"},"modified":"2021-03-09T22:54:24","modified_gmt":"2021-03-09T22:54:24","slug":"what-is-dia","status":"publish","type":"page","link":"https:\/\/investapal.com\/TV\/education\/what-is-blockchain-technology\/what-is-dia\/","title":{"rendered":"What is DIA?"},"content":{"rendered":"\n<p><em>Dai is a stablecoin that\u2019s greasing the wheels of the Ethereum network.<\/em><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright\"><img data-recalc-dims=\"1\" height=\"169\" width=\"300\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/investorplace.com\/wp-content\/uploads\/2021\/01\/dai1600-300x169.jpg?resize=300%2C169&#038;ssl=1\" alt=\"\" class=\"wp-image-1820860\"\/><\/figure><\/div>\n\n\n\n<p>Source: Vladimir Kazakov \/ Shutterstock.com<\/p>\n\n\n\n<p><strong>Approximate Market Cap:<\/strong> $1 billion<br><strong>Year Established:<\/strong> 2014<br><strong>Cost Per Transaction:<\/strong> Nominal<br><strong>2020 Return:<\/strong> 0%<br><strong>Score:<\/strong> \u2605<\/p>\n\n\n\n<p>Like Tether, Dai is a stablecoin whose value is pegged 1:1 to the U.S. Dollar. Its technology, however, is a little more complicated. Built on the Ethereum network, Dai allows investors to borrow money using Ether as collateral. In the past, it has also allowed savers to <a href=\"https:\/\/defirate.com\/dai-savings-rate\/\">earn up to 8.75% interest<\/a>. The rate has since dropped to zero.<\/p>\n\n\n\n<p>That\u2019s why investors looking for simple buy-and-hold altcoins should consider Tether instead. While Dai might help Ethereum, its interest-generating ability remains low, as does its upside.<\/p>\n\n\n\n<p><em>On the date of publication, Tom Yeung did not have (either directly or indirectly) any positions in the securities mentioned in this article.<\/em><\/p>\n\n\n\n<p><em>Tom Yeung, CFA, is a registered investment advisor on a mission to bring simplicity to the world of investing.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dai is a stablecoin that\u2019s greasing the wheels of the Ethereum network. Source: Vladimir Kazakov \/ Shutterstock.com Approximate Market Cap: $1 billionYear Established: 2014Cost Per Transaction: Nominal2020 Return: 0%Score: \u2605 Like Tether, Dai is a stablecoin whose value is pegged 1:1 to the U.S. Dollar. Its technology, however, is a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":190,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"footnotes":""},"class_list":["post-278","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/pages\/278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/comments?post=278"}],"version-history":[{"count":1,"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/pages\/278\/revisions"}],"predecessor-version":[{"id":279,"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/pages\/278\/revisions\/279"}],"up":[{"embeddable":true,"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/pages\/190"}],"wp:attachment":[{"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/media?parent=278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}