MakerDAO Integrates Dai Onto Wanchain
MakerDAO’s Dai on Wanchain Becomes First Ever Cross-Chain ERC20 — Beta Testnet Now Open
MakerDAO’s stablecoin, Dai, has entered Beta testing on Wanchain. This integration makes Dai the first ever cross-chain ERC20 token. The Dai token will utilize Wanchain’s cross-chain functionality allowing for Bitcoin to be exchanged for Dai in a fully decentralized manner and to potentially add Bitcoin to its collateralized debt position in addition to Ether (MakerDAO is working on multi-collateral Dai). This announcement comes in parallel to the ongoing Bitcoin Integration on Wanchain (Wanchain’s 3.0 release), which will go live before the end of 2018.
Introduction to the Dai Stablecoin System
For more information on this groundbreaking integration, click here.
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