DAI (ERC20) is a type of digital currency that operates on the Ethereum blockchain as an ERC20 token. It is a stablecoin, which means its value is pegged to a stable asset, in this case, the US Dollar. DAI is designed to maintain a value of approximately $1 USD through an automated system of smart contracts on the Ethereum blockchain.
The “DAI (ERC20) Address Balance Checker” is an online tool provided on the website. Its purpose is to allow users to query and display the balance and transaction history associated with a specific DAI (ERC20) address. To use this tool, users can input the DAI (ERC20) address they wish to inquire about in the provided field. The tool will then retrieve and display the address’s current balance of DAI tokens, as well as a history of transactions associated with that address.
- Visit https://www.yillon.com/erc20_balance/DAI(ERC20)/0x6b175474e89094c44da98b954eedeac495271d0f
- Enter your address and click “Check”
- Display the balance and history of translations
This tool serves as a convenient means for individuals to monitor and manage their DAI holdings on the Ethereum blockchain. It provides transparency and accessibility to important information regarding the specified DAI (ERC20) address.