So the DAI Savings Rate went down...

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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.

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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?


Join me on Publish and get Free Tips Click Here!

Posted via Steemleo

defi ethereum dai dsr idlefinance palnet neoxian steemleo
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According to the Bible, How do you influence faith to Christian believers? (Part 2 of 3)

(Sorry for sending this comment. We are not looking for our self profit, our intentions is to preach the words of God in any means possible.)



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Hi @ash, are you using Maker Dao for staking DAI?

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Hey, no I use idle.finance to stake... I you mean mint (create DAI for eth) nope, that's not my kind of risk. If you need DAI just buy it for eth :)

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Hi, @ash!

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