When we think of decentralized finance (DeFi), we immediately think of the DAI protocol MakerDAO's most famous and its possibility of creating a decentralized and stable asset that can be exploited with other protocols such as Compound.
Here You can find an interesting tool to see and understand the various statistics of DAI, a portal that contains all the numbers related to the project and from which it is easy to understand the progress of this stable currency.
The total DAI in circulation is currently just over 80 million, while the UPS that is still in circulation is just under 14 million, which together represent the total supply of more than 93 million.
It is worth remembering that on April 24th there will be a vote to start disabling the previous Single-Collateral DAI (SAI) protocol and therefore it is advisable to migrate your UPS to DAI to avoid losing them.
As we know, right now there are 4 ways to create DAI, namely ETH, BAT, USDC, which are added recently, and the DAI that has been migrated from SAI through the related smart contract, which includes System Debt.
Another parameter to take into account is the total DAI generated for each collateral and the relative limit, which is the maximum number of DAIs that these assets can generate: for ETH it is 90 million, for USDC it is 20 million and for BAT it is 3 million.
Then there are the various stability fees, different for each asset but always variable according to the Maker government, which are paid when the Vault generates the new DAI.
These are just some of the numbers and statistics about DAI, in fact it is also possible to see the price of individual assets, the DSR (DAI Savings Rate), the number of Open Vaults, the total number of Chai and the DAI and MKR in Uniswap, as well as the addresses of the various smart contracts.
DAI has also recently proven to be more profitable that investments in the stock market and will soon enter the world of games.