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What is xDai ?

xDai is an EVM-compatible Ethereum sidechain launched jointly by POA Network and MakerDAO. xDai uses a DPOS-like POSDAO consensus with a 5-second block production interval. There're already many projects (DEX: 1Hive, xMoon, HoneySwap) and (currency:Circles) deployed on xDai. There's also a native gas token also called xDai (with 1:1 value to DAI) that can be moved between Ethereum and xDai chain using the [token bridge](https://bridge.xdaichain.com) built by POA network. Latest [public audit reports](https://www.xdaichain.com/for-developers/security-audits) are provided by Quantstamp, PepperSec.

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