Trending...
- YieldOMega Launches $DOUB Airdrop Campaign Ahead of TimeCurve Launch
- AI Is Closing the Gap Between Offshore Virtual Assistants and Onshore Staff
- XRPPower Continues Strengthening Its Global AI-Powered Blockchain Ecosystem
Community-driven exchange BiKi.com is pleased to announce that it has listed DAI, a stablecoin on the protocol MakerDAO. Known as the largest decentralized stablecoin, it is also the second largest stablecoin overall in terms of collateral value.
"BiKi is pleased to have many of the top 100 coins listed with us over the last month, and now DAI has joined too," said Ethan Ng, Southeast Asia CEO of BiKi.com. "We are honored that such a popular project has placed their trust in us to provide exceptional listing services as we stay true to our promise of helping projects grow in top crypto markets like China, South Korea and Vietnam, through continuous branding exposure. Already a well-known project, I have no doubt in DAI's potential to thrive and play a part in the flourishing of the DeFi ecosystem."
This listing sees BiKi.com offering DAI trading as well as Dai Savings Rate (DSR) to its platform users. A variable rate of accrual earned by locking DAI in the DSR smart contract, DSR allows DAI holders to earn savings automatically and natively while retaining control of their DAI. With no withdrawal limits, deposit limits or liquidity constraints, users can freely enter in and out of the DSR, only needing to pay the ETH fee.
The DSR is also a monetary policy tool used as a global parameter that can be raised or lowered by Maker (MKR) on-chain governance to influence demand for the DAI token. When DSR is raised it incentivizes users to hold more DAI, creating more demand, while the opposite effect occurs when DSR is lowered. The decentralized community of MKR token holders govern the MKR Protocol, the smart contracts that power DAI.
More on The PennZone
"The inherent efficiency of the Maker Protocol and, by extension, the DeFi ecosystem, are what allow the DSR to provide great savings opportunities for people everywhere," said Rune Christensen, CEO of MakerDAO.
"The most amazing aspects of the DSR are that it has no counterparty credit risks and it can be implemented on the backend of any DeFi product that uses Dai," he added.
"We are excited to see BiKi Exchange offer DAI trading and DSR," said Doo Wan Nam, MakerDAO Business Development. "We hope the integration of Dai and DSR will increase Dai use cases and awareness. Ranging from loans to games to remittance, Dai hedges users from volatility while providing financial freedom. The world's first unbiased currency."
Unlike most stablecoins that are fiat-backed and centralized, DAI is crypto-based and decentralized. It is also widely used and recognized, having over 550 live Dai integrations, such as that with UNICEF, and the numbers are growing. Derived from the Chinese character 貸, meaning to lend or provide capital for a loan, the original Dai (now Sai) Stablecoin System was launched in December 2017. Then in November 2019, the current Dai system was launched. The new Multi-Collateral Dai (MCD) upgrades the Single-Collateral Dai (Sai) and includes the DSR feature, allowing DAI holders everywhere to better power their journeys to financial inclusion.
Currently over USD 714 million worth of assets is locked in the system including around USD 66.5 million locked for DSR which is over 55% of total DAI. MakerDAO has received investments from top funds such as Andreessen Horowitz, Polychain and Dragonfly Capital.
More on The PennZone
MakerDAO joins the ranks of other projects like Dash, Electroneum and Matic, who were listed on the BiKi platform over the past month. Increasingly gaining the attention of popular tokens in the industry, BiKi's listing services include continuous branding exposure, community building with key influencers as well as joint campaigns. These attractive benefits will continue to attract premium projects for listing on the community-driven exchange.
About BiKi.com:
Headquartered in Singapore, BiKi.com is a global cryptocurrency exchange ranked Top 20 on CoinMarketCap. BiKi.com provides a digital assets platform for trading more than 150 cryptocurrencies and 280 trading pairs. BiKi.com is focused on providing the safest, most stable and most effective cryptocurrency trading platform. 100% of the transaction fees are used in buyback and burning of platform token, BIKI. Since its official opening in August 2018, BiKi.com is considered one of the fastest-growing cryptocurrency exchanges in the world with an accumulated 2 million registered users, 200,000 daily active users, over 2,000 community partners and 200,000 community members. BiKi.com has received investments from Huobi co-founder Du Jun, Genesis Capital Zhu Huai Yang, FBG Capital, ChainUP and others totaling approximately 10 million USD.
Media Contact:
Marketing Team
Chang Jie Lin, BiKi.com
media@biki.com
+65-94556702
Cecilia Wong, yourPRstrategist.com
cecilia@yourPRstrategist.com
+65-91826605
"BiKi is pleased to have many of the top 100 coins listed with us over the last month, and now DAI has joined too," said Ethan Ng, Southeast Asia CEO of BiKi.com. "We are honored that such a popular project has placed their trust in us to provide exceptional listing services as we stay true to our promise of helping projects grow in top crypto markets like China, South Korea and Vietnam, through continuous branding exposure. Already a well-known project, I have no doubt in DAI's potential to thrive and play a part in the flourishing of the DeFi ecosystem."
This listing sees BiKi.com offering DAI trading as well as Dai Savings Rate (DSR) to its platform users. A variable rate of accrual earned by locking DAI in the DSR smart contract, DSR allows DAI holders to earn savings automatically and natively while retaining control of their DAI. With no withdrawal limits, deposit limits or liquidity constraints, users can freely enter in and out of the DSR, only needing to pay the ETH fee.
The DSR is also a monetary policy tool used as a global parameter that can be raised or lowered by Maker (MKR) on-chain governance to influence demand for the DAI token. When DSR is raised it incentivizes users to hold more DAI, creating more demand, while the opposite effect occurs when DSR is lowered. The decentralized community of MKR token holders govern the MKR Protocol, the smart contracts that power DAI.
More on The PennZone
- D.R. Crotzer Announces A New Science Fiction Book Series Exploring Life Energy, Dreams, and the Mystery of Existence
- Vinnie Rocco Opens AgentiX Minds To Help Business Owners & Execs Learn AI Agents
- Color Card Administrator Highlights Growing Enterprise Demand for Operational Infrastructure in Business Card Identity Governance
- American Properties Celebrates Grand Opening and Ribbon Cutting Ceremony at Heritage at South
- MoMojo Records signs Arlen Roth; "Blues Grass" slated for August 7, 2026 release
"The inherent efficiency of the Maker Protocol and, by extension, the DeFi ecosystem, are what allow the DSR to provide great savings opportunities for people everywhere," said Rune Christensen, CEO of MakerDAO.
"The most amazing aspects of the DSR are that it has no counterparty credit risks and it can be implemented on the backend of any DeFi product that uses Dai," he added.
"We are excited to see BiKi Exchange offer DAI trading and DSR," said Doo Wan Nam, MakerDAO Business Development. "We hope the integration of Dai and DSR will increase Dai use cases and awareness. Ranging from loans to games to remittance, Dai hedges users from volatility while providing financial freedom. The world's first unbiased currency."
Unlike most stablecoins that are fiat-backed and centralized, DAI is crypto-based and decentralized. It is also widely used and recognized, having over 550 live Dai integrations, such as that with UNICEF, and the numbers are growing. Derived from the Chinese character 貸, meaning to lend or provide capital for a loan, the original Dai (now Sai) Stablecoin System was launched in December 2017. Then in November 2019, the current Dai system was launched. The new Multi-Collateral Dai (MCD) upgrades the Single-Collateral Dai (Sai) and includes the DSR feature, allowing DAI holders everywhere to better power their journeys to financial inclusion.
Currently over USD 714 million worth of assets is locked in the system including around USD 66.5 million locked for DSR which is over 55% of total DAI. MakerDAO has received investments from top funds such as Andreessen Horowitz, Polychain and Dragonfly Capital.
More on The PennZone
- Crosswalk Ministries USA Announces 2026 Child and Family Well-Being Conference in Stockbridge, Georgia
- Autism Podcast Helps Parents Understand Why Behavior Is Communication, Not Defiance
- Filmmaker Preston A. Dent to Premiere "Harrisburg-The Movie" at Whitaker Center for the Arts
- Pollock Begg Family Law Attorneys Earn 2026 Pennsylvania Super Lawyers Honors at Every Level
- Research reveals "The Borderless Pay Standard," a 48-point gap between multinational employers and workers on transparent pay expectations
MakerDAO joins the ranks of other projects like Dash, Electroneum and Matic, who were listed on the BiKi platform over the past month. Increasingly gaining the attention of popular tokens in the industry, BiKi's listing services include continuous branding exposure, community building with key influencers as well as joint campaigns. These attractive benefits will continue to attract premium projects for listing on the community-driven exchange.
About BiKi.com:
Headquartered in Singapore, BiKi.com is a global cryptocurrency exchange ranked Top 20 on CoinMarketCap. BiKi.com provides a digital assets platform for trading more than 150 cryptocurrencies and 280 trading pairs. BiKi.com is focused on providing the safest, most stable and most effective cryptocurrency trading platform. 100% of the transaction fees are used in buyback and burning of platform token, BIKI. Since its official opening in August 2018, BiKi.com is considered one of the fastest-growing cryptocurrency exchanges in the world with an accumulated 2 million registered users, 200,000 daily active users, over 2,000 community partners and 200,000 community members. BiKi.com has received investments from Huobi co-founder Du Jun, Genesis Capital Zhu Huai Yang, FBG Capital, ChainUP and others totaling approximately 10 million USD.
Media Contact:
Marketing Team
Chang Jie Lin, BiKi.com
media@biki.com
+65-94556702
Cecilia Wong, yourPRstrategist.com
cecilia@yourPRstrategist.com
+65-91826605
0 Comments
Latest on The PennZone
- Maryland Personal Injury Firm Earns National Recognition in 2026 ELA Awards
- Robert J. Bradshaw's AYE is a Gripping Dual Reality Thriller Exploring the Increasingly Blurred Line Between Humanity and Technology
- Bangxing Silicone Revolutionizes Silicone Baby Product Partnerships: Low MOQ Support + VIP Long-Term Win-Win Programs
- JFAB Consulting Elevates Brand with New Identity and Digital Experience
- SteelTree Announces Launch of Its Operational Decision Intelligence Service
- Advanced AI Capabilities Reflected by Upcoming Company Name and Stock Symbol Change for Evolving Pre-Owned Boat Dealer: Off The Hook YS: N Y S E: OTH
- AI-Driven Defense Expansion, Autonomous Systems and Israeli Aerospace Manufacturing Platform: VisionWave Holdings (N A S D A Q: VWAV)
- AI Predicts the Most Likely 2026 FIFA World Cup Winner
- The AI Production Shift: Why Game Development Is Entering Its Most Accelerated Phase
- World-First AI Humanoid Robot Debuts on Cherie Barber's Ground-breaking Australian Reno Show
- New Survey Reveals America's Most Feared Bridges for Cyclists — Golden Gate Tops the List
- Raymond Lavine, Extended Care Benefits Advisor and Author, to Appear on National Television Series Moving America Forward
- NaturismRE Launches Structured Nudism & Naturism Encyclopedia, Aiming to Reframe Public Understanding
- AiBT Advisory Launches AI Deployment Firm for the Mid-Market Companies Big AI Left Behind
- AI Is Closing the Gap Between Offshore Virtual Assistants and Onshore Staff
- CCHR Highlights Concerns Over Coercive and Failed $140 Billion Mental Health Practices at Psychiatric Convention
- Avery Headley Leads Major Stabilization and Modernization Initiative Across Bronx Affordable Housing Portfolio
- NewReputation's AI Sentiment Analysis Tool Reaches 2,500 Users as Businesses Demand Clearer Brand Intelligence
- CAPO Supply Announces Opening of Second Location in New Castle, Pennsylvania
- $224 Billion Growing Market in Life Settlements Presents Major Opportunity for New Policy Acquisition Business Plan: DLT Resolution Stock Symbol: DLTI