MAI is a stablecoin that maintains its value because it's backed by collateral. You can create MAI by depositing supported tokens like MATIC into vaults as collateral and borrowing MAI against it. Alternatively, you can mint MAI on Anchor by exchanging other stablecoins for it. MAI is designed to be pegged to the US dollar, aiming for a value of approximately 1 MAI = 1 USD.
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