DAI Now Available via ERC20, BEP20, and Optimism Protocols

23.11.2022

Hey everyone! Every day, the nextbit.me team works hard to provide you with the most convenient and high-quality service possible.And today, we’re excited to announce: DAI is now available for exchange via ERC20, BEP20, and Optimism! What is DAI?DAI is a stablecoin built on Ethereum that holds a special place in the crypto world.Unlike USDC or USDT, DAI is truly decentralized, backed and governed by smart contracts, not centralized issuers. Its value is pegged to the US dollar, but backed by a mix of other digital assets that are locked into smart contracts each time new DAI is minted. Supported Protocols:ERC20 — a widely-used Ethereum standard for creating tokens."ERC" stands for Ethereum Request for Comment, and "20" is the proposal number.This protocol defines how a token behaves on the Ethereum blockchain. BEP20 — the token standard on Binance Smart Chain.It extends ERC20’s functionality and defines how tokens can be created and used on BSC. Optimism — a Layer 2 scaling solution for Ethereum that helps reduce gas fees and increase transaction speeds. Ideal for deploying smart contracts and building DApps. You no longer have to search for the perfect place to exchange DAI —nextbit.me is exactly what you’ve been looking for! Create your order today and experience it for yourself!