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Hold Interest Paying cDAI Tokens in Tamperproof Cold Storage [Image courtesy Compound]

Earn More Dai Every Day

Decentralized Lending

Financial markets are based on the concept that lending financial instruments (like dollars or pesos or even Dai) for any period should have value. That principle is called the time value of money and that value is called interest.

cDAI Gateway

The simplest way to get hands on some cDAI is to use Uniswap. Uniswap is a decentralized exchange. It is a cryptocurrency only exchange. So, Uniswap does not accept US dollars.

Navigating Uniswap

For total beginners, the easiest way to obtain cDAI via Uniswap is to download Coinbase Wallet (for iOS or Android) and link it to the newly established Coinbase account.

Connect with the Wallet app

Redeeming Dai

Someday, the desire to use the value accumulated in cDAI will arise. cDAI will have to be converted into US dollars (or Philippine pesos) when that time comes.

Securing cDAI

The best way to hold cDAI is to put it in tamperproof cold storage. The D’CENT Biometric Wallet [2] conveniently holds cDAI since it supports all ERC-20 tokens. These wallets can be obtained on Amazon for $159.




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