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What is STAKE ？
xDai stake (STAKE) is a USD stablecoin blockchain jointly launched by the MakerDAO Foundation and POA Network. It is also a sidechain compatible with Ethereum. It uses the stable currency xDai (decentralized stablecoin on Ethereum). Dai is exchanged at a 1:1 ratio on the side chain) as the basic token for transactions and payment of gas fees, and through STAKE tokens, with the help of a unique equity proof algorithm-POSDAO for accounting and governance.
Token type: ERC 20
Token status and distribution
Total supply: 8,537,500 STAKE
Contract address: 0x0Ae055097C6d159879521C384F1D2123D1f195e6