CDAI is a reward token that the Compound Finance protocol issues to every user who deposits DAI coins into its lending platform at a ratio of 50 CDAI per DAI. The coin is an ERC-20 token, so users can move and use it anywhere within the Ethereum blockchain. Compound Finance didn't design it to be a stablecoin. Instead, its primary purpose is to appreciate users and enable them to gain interest without worrying about losing their tokens' values.
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