MakerDAO is excited to share recent developments resulting from our ongoing collaboration with OmiseGO. Our teams have been working diligently to bring about what we feel are the core components needed to enable a true financial revolution. Together, we believe deeply in a near future that leverages the power of decentralization for trustless transactions. We are partnering with OmiseGO in our shared mission of enabling the next generation of financial tools on the blockchain.
At Maker, we deliver products that contribute to the growth of the ecosystem as a whole. In particular, we are carrying out this vision by first addressing price stability through the launch of our decentralized stablecoin Dai and most recently, by bringing ease-of-use to the community through the recent launch of the first decentralized instant trading application, Oasis.Direct.
OmiseGO shares our passion for building a robust ecosystem and is in the process of developing a wallet SDK and DEX that will be vital to the utility of the overall network. The live OMG network will be a performant and secure proof-of-stake network which will enable high transaction throughput at a low cost.
Today, we are excited to share two announcements on developments between Maker and OMG.Dai Stablecoin available soon on OMG network
The OmiseGO team is building a platform that provides a scaling solution for finance on Ethereum, enabling transparent, peer-to-peer transactions in real-time. This decentralized network facilitates self-sovereign financial services across geographies, asset classes, and applications. A stable currency will play a critical role in this emerging financial ecosystem.
In light of this pressing need, we are proud to announce that Dai will be available on the OMG network. Users will be able to trade against our stablecoin Dai as a currency pair. On the OMG network, Dai serves as a completely decentralized option for...