RE: Steemit Crypto Academy | Stable Coins | Homework task 6 for @yohan2on
Hi @elnieno
Thanks for attending the 6th Crypto Course and for your effort in doing the given homework task.
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This is very good work. Well done with your research on DAI stable coin.
You can use DAI according to your needs. DAI can be used for various things, you can make transactions or it can also be saved to get more profit in the form of DAI storage interest. Furthermore, you can redeem the ETH guarantee by paying the DAI that you borrowed earlier. The circulation of DAI occurs in a very good way. A new DAI will be produced when there is a loan and will be removed from circulation when the loan has been repaid.
Very well explained in that paragraph. Glad to learn of the various use cases for DAI ranging from quick transactions, earning storage interest from saving DAI.
Homework task
8
Thank you so much for the compliment professor!!!
Hello professor @yohan2on this my post has been verivied by you and will be expired in few hours time. But it has not been visited and curated by @steemcurator02. Please kindly help me. Thank you...
Sorry about that. Kindly repost it again and It will then be curated.
Thank you so muchh professor for your care and your second chance about this. But my post has been curated by @steemcurator02. Thanks for your help...