After the introduction of the new Compound Revival, Dai replaced BAT and became the most popular lending tool on the platform.

07月
04
2020-7-4 09:17
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With the new compound law encouraging profitability, the most profitable floating mining product is now Dai. Miners will borrow Dai from Compound and hand it over. Repeat the work several times and you can increase your income by up to 40%. The Dai of Compound has now replaced the old BAT as the most popular lending device, and records show that the Dai of Compound has borrowed over $480 million and its total assets have exceeded $500 million. There is a fee for Dai because there are so many requests for it. Ariah Klages-Mundt, PhD in Applied Mathematics at Cornell University, believes that Dai's efforts increase the risk of Dai flooding, which can occur when ETH is low or when Dai is quickly satisfied. . In an emergency, miners will find it difficult to balance their workload and miners should be aware of this risk.

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2020-7-4 09:22

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