Matic vs Dai: A Comparison and Review
Matic (Polygon)
Overview
Matic (Polygon) is a platform for Ethereum scaling and infrastructure development. It provides the Polygon SDK, a modular framework that supports the creation of various types of applications. With Matic, developers can build Optimistic Rollup chains, ZK Rollup chains, standalone chains, and more.
Key Features
- Transforms Ethereum into a multi-chain system
- Offers Ethereum's security, vibrant ecosystem, and openness
- Continues to develop core technology for scalability
- Utilizes the $MATIC token for system security and governance
Market Stats
- Market Cap Rank: 13
- Price Change Percentage in the Last 30 Days: 13%
Dai
Overview
Dai is a stablecoin launched by MakerDAO. It is a decentralized finance (DeFi) token that has recently transitioned to Multi-collateral DAI (MCD), which means it is now collaterized by multiple assets.
Key Features
- Stablecoin pegged to the US Dollar
- Decentralized and part of the DeFi ecosystem
- Transitioned to Multi-collateral DAI (MCD)
Market Stats
- Market Cap Rank: 18
- Price Change Percentage in the Last 30 Days: -0.09648%