Invest your DAI coin (DAI) on Flint to get higher returns

DAI is also a stablecoin, that is, its valued is fixed at 1 USD, and features in the MakerDAO protocol. However, it differs in key structural aspects from regular stablecoins like USDT/USDC etc. For starters, DAI is generated by locking in ethereum or other cryptocurrencies,deposited into smart-contract vaults every time new DAI is minted, and isn’t necessarily backed by dollars sitting in a bank.

The rate of collateralization currently ranges from 101% to 175%, depending on the risk level of the asset locked, which means one must lock in 1.01 to 1.75 times the value of the DAI they’ll actually receive. This is done to curtail any volatility-related disturbances in the protocol.

The best use case for DAI is peer-to-peer lending, in which, apart from the security and convenience of smart contracts, it also allows the lender to be essentially insured by the 150% ETH to DAI ratio.

The Maker platform also allows for leveraged investing in ETH via the CDP (Collateralized Debt positions) system in a decentralised environment, hence providing more utility than only stability.

As of this writing, DAI has a total market cap of just over $7 billion.

Flint offers you the most low-risk-high-yield platform to earn interest on your DAI. Secure yourself against market volatility by earning an attractive interest while hodling your DAI. Furthermore, you get:

1. Earn 0% APY (interest) on your DAI deposit. No more depositing money with banks for almost 0% effective interest.

2. Start earning instantly, and earn every second. Tired of waiting months and years for your investments to “mature”? With Flint, your earnings are growing in real time, and deposited to your balance daily.

3. No restrictions. Ever. Your crypto, your decisions. Withdraw anytime without any restrictions or penalty.

4. Safety as priority. Flint thoroughly assesses each institution it partners with before lending out your crypto to generate yields, often with over-collateralization. The wisdom of which showed itself when in the last few months of some other major crypto platforms were revealed to have high risk exposures, Flint sailed smoothly with not a single user impacted negatively.

5. Boost your interest Flint offers multiple opportunities to increase your earning rates as rewards for referrals, contests etc.