About DAI+
DAI+ is a stablecoin that generates a yield of 8-12% per year through daily rebase. It is fully backed by a portfolio of low-risk DeFi assets that generate yields, such as lending protocols and stable-to-stable liquidity pools. This setup allows for daily profit generation and loss avoidance, as well as the ability to mint and redeem DAI+ against DAI instantly. The primary uses of DAI+ are liquidity management, AMM trading, and leveraged yield farming. By enabling capital efficiency in stablecoin usage, DAI+ provides additional yield for idle stablecoins and those used in major protocols. One of the advantages of DAI+ is the ability to maintain its peg without deploying its own capital. Since DAI+ can be instantly minted and redeemed against DAI, its pools can be arbitrated using flash loans without the need for additional capital, which helps to ensure that the peg remains stable.
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Frequently Asked Questions
What is the all-time high price of Overnight DAI+ (DAI+)?
Read MoreThe all-time high of DAI+ was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Overnight DAI+ (DAI+) is 0. The current price of DAI+ is down 0% from its all-time high.
How much Overnight DAI+ (DAI+) is there in circulation?
Read MoreAs of
, there is currently 0 DAI+ in circulation. DAI+ has a maximum supply of 0. What is the market cap of Overnight DAI+ (DAI+)?
Read MoreThe current market cap of DAI+ is 0. It is calculated by multiplying the current supply of DAI+ by its real-time market price of 1.00.
What is the all-time low price of Overnight DAI+ (DAI+)?
Read MoreThe all-time low of DAI+ was 0
, from which the coin is now up 0%. The all-time low price of Overnight DAI+ (DAI+) is 0. The current price of DAI+ is up 0% from its all-time low. Is Overnight DAI+ (DAI+) a good investment?
Read MoreOvernight DAI+ (DAI+) has a market capitalization of $0 and is ranked #7965 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Overnight DAI+ (DAI+) price trends and patterns to find the best time to purchase DAI+.