DeFi is coming in hot, so here's how to make the best of it.
9.52% APR at the moment to be precise
Of course this is decentralized and non-custodial!
Buy ETH you need it.
This is the only time you have to go custodial, unless you have an ATM or P2P trader near you.
- Buy ETH for FIAT/other crypto at Binance for example
Alternatively I see people shilling MoonPay or Ramp Network
Buy DAI
This works with MetaMask or Wallet Connect (Mobile apps such as Trust Wallet)
Start the Engine
- Go to Idle.finance and convert your DAI to idleDAI.
IdleDAI is automatically moving to the most paying, decentralized, and battle tested protocols. At this point it's moving between compound and Fulcrum.
The best thing: You can watch your money grow, and everything is automatic.
IdleFinance's smartcontract has been audited too!
Happy earnings!
Join me on Publish and get Free Tips Click Here!
Nicely explained :)
@tipu curate
Upvoted 👌 (Mana: 0/3 - need recharge?)
Hi, @ash!
You just got a 0.25% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.