Mosley WelshDec 17, 2021 · 3 years ago7 answersIs DAI considered a safe option for storing value in the volatile world of cryptocurrencies?
In the highly volatile world of cryptocurrencies, many investors are looking for safe options to store their value. DAI, a stablecoin pegged to the US dollar, has gained popularity in recent years. But is DAI really considered a safe option for storing value? How does it compare to other cryptocurrencies in terms of stability and security? And what factors should investors consider when deciding whether to store their value in DAI or other cryptocurrencies?
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