As Token Migration Continues: Dai Stablecoin Supply Overtakes Sai Predecessor

Dai Stablecoin Supply Overtakes Sai Predecessor

One of the biggest cryptocurrency stories in the second half of 2019 was the MakerDAO project’s high-profile upgrade of the Dai stablecoin in November. That upgrade saw the stablecoin evolve in numerous ways, namely through a rebrand and with the introduction of new smart contracts that enabled a Dai Savings Rate (DSR) and the Multi-Collateral Dai (MCD) system.