Gnosis Chain, formerly xDai, is an Ethereum sidechain with bridged Dai serving as a native token. It's scalable, convenient, and user-friendly. Gnosis Chain applications provide everyday users with fast transactions and extremely low gas prices. Since the xDai Stable Chain is Ethereum compatible, data and assets can be transferred seamlessly to the Ethereum mainnet providing backend safety and limitless opportunities to scale. This synergy between stability, speed, security and scalability opens the door for many exciting applications and new use cases.