My bull run cash out plan includes cashing out in increments into the stablecoin Dai, on the way up to the new ATHs, and putting that Dai in ethereum defi tools, so it can earn interest. But how exactly am I going to do this? Today, I would like to show you how to use the tools I plan to use, including kyber swaps with myetherwallet, setting up a compound finance smart contract to earn interest on that dai, plus show off some of the tools that Ethereum Defi is going to create, including Pooled Dai contracts. This is the ultimate DeFi episode, you won’t want to miss!
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⏰ Time Stamps ⏰
00:08 Introduction
00:25 Ethereum DeFi Is A Major Part of My Portfolio
00:53 How To Obtain The Dai Stablecoin
01:14 How To Get Dai Through MyEtherWallet & Kyber Network
02:35 Setting Up A Compound Finance Smart Contract To Earn Interest On Your Dai
04:41 Funds On Compound Are Free To Withdraw At Anytime
05:00 Holding Dai & Compound Have Major Advantages Over Banks
05:41 Decentralized Insurance For Compound Smart Contract Through Nexus Mutual-The Ultimate Protection
06:39 The New Pooled Dai Contract-Pool Together-No Loss Lottery
08:11 Conclusion
How To Create A CDP With MakerDao
https://www.youtube.com/watch?v=yhZbY9Ycep8&t=3s
Earn Free Dai from Coinbase
https://www.coinbase.com/earn/dai
Compound Website
https://compound.finance/
Pool Together Lottery
https://www.pooltogether.us/how-it-works
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