As we continue to celebrate Publish0x adding Ethereum as a tipping currency, it's notable that the devs have dropped DAI from the platform as of this week. Dan Bainbridge, Founder of Publish0x, explained there are some authors who do not have enough in DAI to make a withdrawal. It also didn't make sense to lower the withdrawal threshold due to high gas fees in times like these (by the way, great job Darren Claxton).
Image from Dan Bainbridge's article, "Ethereum ETH Integrated for Tipping, Min Withdrawal Increased AND 30% Bigger Rewards!" on August 6, 2020, modified by the author for this post
Their compromise was to convert all the DAI that remains in your Publish0x account into ETH.
That's why even though I have a balance that exceeds the minimum withdrawal threshold of 0.9872 DAI, I won't be making any DAI withdrawals. Thanks Publish0x!
Thanks for reading, and stay safe!
Follow me on Twitter: @CryptoWordsmith
Cover art by Peter Patel from Pixabay
Last edited on September 11, 2020
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