What makes DAI different from USDT or USDC?

DAI is decentralized and backed by crypto collateral, unlike USDT and USDC which are centrally issued with fiat reserves.

Is DAI always worth exactly $1?

DAI targets $1 but can briefly deviate. It has maintained close to $1 peg since its launch in 2017.

Yes, like other stablecoins, DAI lets you deposit a predictable dollar amount without exposure to crypto volatility.

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Min. Deposit

$10

Confirmations

12 confirmations

Est. Time

~3-5 min

Fees

$0 (network fees only)

Follow these steps to deposit DAI into your Stake.com account.

Open Stake Wallet and choose Dai (DAI).

Copy your DAI deposit address — it uses the Ethereum ERC-20 network.

Send DAI from your ERC-20 wallet or exchange. You need ETH in your wallet to cover gas fees.

DAI credits after 12 Ethereum confirmations, typically within 3-5 minutes.

Use code

RAKER

DAI can drift slightly from $1 during market stress. Stake credits the actual DAI value at time of deposit.

Gas fees can be high on Ethereum. Monitor etherscan.io gas tracker and send during low-fee periods.

Last updated 2026-02-24