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Sai
SAI
Contract
ETH:0x89d24a6b4c...0359
Achievements
Sai Price (USD):
$12.340%
Carts
About Sai
Dai is a stablecoin. It is an Ethereum ERC20 token that is pegged to $1 USD — every Dai is worth $1, and will always be worth $1, regardless of how much Dai is in existence. There is no centralized authority like Tether that backs its value, and no traditional bank that backs each Dai with a real US dollar. There is nothing that can be shut down, and no centralized authority that needs to be trusted. Dai lives entirely within the Ethereum blockchain using smart contracts. *Features of Dai: 1. Dai is always worth $1 USD each 2. It can be freely traded like any other ERC20 token 3. Anyone with an Ethereum wallet can own, accept, and transfer it 4. It can be exchanged without any middleman 5. No individual person or company has control over it 6. No government or authority can shut it down *How Dai Works? Dai is a masterpiece of game theory that carefully balances economic incentives in the pursuit of one goal — a token that is continuously approaching the value of $1 USD. When Dai is worth above $1, mechanisms work to decrease the price. When Dai is worth below $1, mechanisms work to increase the price. The rational actors that take part in these mechanisms do so because they earn money anytime Dai is not perfectly worth $1. This is why Dai is always floating slightly above or below $1 — it is an endless wave function bouncing infinitely close to $1, but never quite achieving it. The farther Dai goes from $1, the more incentive there is to fix it. This is the magic of Dai. *How is Dai Created? Dai is simply a loan against Ethereum. By using the MakerDAO dApp, advanced users can take loans out in Dai against their ETH holdings. First, ETH is turned into “wrapped ETH” (WETH), which is simply an ERC20 wrapping around ETH. This “tokenizes” ETH so it can be used like any other ERC20 token. Next, WETH is turned into “pooled ETH” (PETH), which means it joins a large pool of Ethereum that is the collateral for all Dai created. Once you have PETH, you can create a “collateralized debt position” (CDP), which locks up your PETH and allows you to draw Dai against your collateral, which is PETH. As you draw out Dai, the ratio of debt in the CDP increases. There is a debt limit that sets a maximum amount of Dai you can draw against your CDP. Once you have Dai, you can spend or trade it freely like any other ERC20 token. *There are several important reasons why you would create Dai, despite the hassle: 1. You need a loan, and have an asset (ETH) to use as collateral for your loan 2. You believe ETH is going up in value. You can use your CDP to buy ETH on margin — you lock up your ETH in a CDP, draw Dai against it, use the Dai to buy more ETH on an exchange, and then use that ETH to further increase the size of your CDP. This can be accomplished without any third-party or centralized authority allowing you to do so — margin trading can be accomplished entirely on the blockchain. 3. The demand for Dai has driven the price above $1 USD. When this occurs, you can create Dai then immediately sell it on an exchange for greater than $1 USD. This is essentially free money, and is one of the mechanisms the Maker system uses to keep Dai pegged to $1 USD. Dai being worth over $1 USD encourages more Dai to be created. These three reasons are enough to ensure that Dai is continually created.
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Tokenomics (Locked)
Roadmap (Locked)
Phase 1 - Presale
Info not submitted
Phase 2 - Development
Info not submitted
Phase 3 - Launch
Info not submitted
FAQ about Sai
What is the price of coin Sai?
The current price of Sai coin is $12.34, daily change is 0%
What is the SAI market cap?
Current market cap is $0 with total supply 0 tokens.
What is the liquidity of Sai?
Liquidity of token Sai is $12975.23 in pools.
Where can I buy Sai?
Token can be purchased on Uniswap dex.
What is Sai (SAI) smart contract address?
SAI smart contract address is 0x89d24a6b4ccb1b6faa2625fe562bdd9a23260359, it can be purchased on any Uniswap dex.
How many token holders?
SAI have 20000 holders and diversity is Excellent.
When was the project launched?
SAI launched on 2022-06-09.
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Votes & Boosts
24h Rank
>200
Votes total / 24h286 / 0
Gems total / 24h0 / 0
Gems History
Do you own this project?
In order to immediately edit token data, links to the site and social networks, tokenomics, update the token URL and more, you need to verify the token on your account.
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Sai Token Price
$12.340%
5m0%
1h0%
6h0%
24h0%
TXN1
Buy-
Sell1
Volume$89
Buy/sell fee0% / 0%
Liquidity$12K
Total supply-
Market Cap-
Burned-
Circulation Supply-
Honeypot checkPassed
Holders data
Holders20000
DiversityExcellent
ReputationGood
Liquidity pools:
Uniswap WETH
8.10 WETH ($38K)
Uniswap WETH
1.60 WETH ($12K)
Uniswap WETH
0 WETH ($13)
Token X/Twitter Feed
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Launch Date:Jun 09 2022
Promoted Spot
Name | Price | Volume | TXNS | 1H | 24H | Liquidity | MCap | Age | Social | Total Boosts / Votes | |
---|---|---|---|---|---|---|---|---|---|---|---|
Presale Upcoming | - | - | - | - | - | - | in 1 month | 4,335 Boost | |||
Presale Live | - | - | - | - | - | - | 2 months | 1,459 Boost | |||
$ 0.041121 | $ 655 | 5 | - | -76.76% | $ 0.49 | $ 1 121 | 2 weeks | 1,035 Boost | |||
$ 0.05653 | $ 4 | 6 | - | 19.14% | $ 111M | $ 452M | 3 weeks | 645 Boost | |||
$ 0.076876 | $ 556 | 3 | - | 0.03% | $ 14K | $ 28K | 3 weeks | 450 Boost | |||
$ 0.0101836 | $ 3 | 1 | - | - | $ 4 | $ 18 | 1 month | 315 Boost | |||
$ 0.061688 | $ 107 | 3 | - | 2% | $ 8 151 | $ 16K | 1 month | 192 Boost | |||
$ 0.031503 | $ 4 966 | 69 | -0.66% | -11.02% | $ 50K | $ 150K | 3 weeks | 121 Boost | |||
$ 0.031407 | $ 4 385 | 2,038 | -1.03% | -4.75% | $ 35K | $ 140K | 1 month | 49 Boost | |||
$ 0.00762 | - | 2 | - | 0.31% | $ 21M | $ 22M | 1 month | 5 Boost | |||
$ 0.1356 | $ 322 | 3 | - | -3.99% | $ 48K | $ 134K | 9 months | 1,001 Boost | |||
$ 0.032368 | $ 1 599 | 45 | 1.16% | -2.93% | $ 27K | $ 236K | 4 months | 327 Boost | |||
$ 0.031956 | $ 8 707 | 82 | - | -13.58% | $ 90K | $ 172K | 4 months | 149 Boost | |||
$ 0.07971 | $ 347 | 1 | - | - | $ 26K | $ 40K | 2 months | 62 Boost |