SAI vaults
About MakerDAO SAI
SAI (Single Collateral Dai) was the original Dai stablecoin backed solely by ETH. It was replaced by Multi-Collateral Dai (DAI) in November 2019. SAI is now deprecated and holders were encouraged to migrate to DAI.
SAI was the first iteration of MakerDAO's decentralised stablecoin, launched in December 2017 on Ethereum. It was backed exclusively by ETH as collateral, minted via Collateralised Debt Positions (CDPs).
In November 2019, MakerDAO launched Multi-Collateral Dai (DAI), which supports multiple collateral types. SAI migration ended on April 24, 2020, and the CDP system was shut down. Any remaining SAI could be redeemed for ETH from the Global Settlement contract.
SAI is now a defunct, legacy token with no active use. The contract remains on Ethereum but the protocol is no longer operational.
Filters
Display
Hide vaults
Performance and risk
The vaults on the listing are limited to the current category. See all vaults.
| 3M price |
|---|
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter