This is how to lend DAI for 6% APR

This is how to lend DAI for 6% APR


This one of passive income from cryptocurrency tricks that will come to new version of my free ebook (link in the footer)

Lately old DAI changed to SAI now you have to convert them back to new DAI.

With the launch of Multi-Collateral Dai on November 18th, 2019, the name and ticker symbol of Single Collateral Dai is changing to Sai (SAI). DAI now refers to DAI minted in the new Multi-Collateral Dai system. The term Collateralized Debt Position (CDP) is also being replaced with the term “Vault”

Then we go to oasis.app and make a borrowing account that earns 6% APR - more than banks.

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You need to setup these 2.

Then deposit amount you want to make free % off.
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Then wait for confirmation.
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Thats it now DAI show in vault and you make 6% a year from them (for now) fully decentralized.

 


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kingscrown
kingscrown

bitcoin OG since 2011, showrunner of https://fuk.io crypto blog


Cryptocurrency News and Tricks
Cryptocurrency News and Tricks

Daily tips, tricks and infos about cryptocurrency space.

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