So the DAI Savings Rate went down...

By favicon | fav | 10 Feb 2020


DAO holders voted to reduce the DSR (DAI Savings Rate) down to 7.5%, which means there should be an overall reduction of interest, right?

Wrong.

While compound went down with it to 7.58%, Fulcrum's demand grew to 9.99% in the meantime.

If you have you DAI chilling at Idle.finance you'd be surprised, like me, this morning to find your DAI growing a lot faster.

351665157-b2754d81699b6445291ff9de65787624370285269013a4668d2d5e3f513bfd10.png

Idle.Finance automatically moves the pool to the best rate between compound and Fulcrum!

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DYOR: https://loanscan.io/

For a normie like me this is very good, I don't have to manually manage my DAI... :)

Do you save DAI? If so, where?


Originally published on my Steem Blog

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