1 DAI = $ 1 USD
Dai will always be worth $ 1 usd, which is perfect as a currency. So you don't need to worry about the fluctuations of dai only to have it rise value in the future. When the market is highly volatile, Dai allows users to hold their money value without abandoning the cryptocurrencies.
What is Dai?
Dai is a stable coin that aims to keep its value as close as possible to the US dollar through automated smart contracts on Ethereum blockchain.
Let's dive into the list:
- Mint dai coin
Oasis is the place where you can trade, borrow, save and mint/generate new dai. Oasis allow you to use ETH, BAT, USDC, WBTC and many other cryptocurrencies from your wallet as a collateral to generate new dai.
In simple words:
You deposit your Ethereum into collateral system.
Generate your new dai.
Purchase more Ethereum with newly generated dai.
Then you deposit that purchased Ethereum also into the collateral system.
Generate more dai tokens.
Use your generated DAI to create a multiplied position on any crypto assets, increasing your cryptocurrency value.
Oasis like Vaults make it easy to utilize your collateral by generating Dai against it. Noticing the liquidity in a vault and make sure you don’t lose the long exposure of your collateral.
Steps to generate new dai:
Go to Oasis
To generate new dai connect your wallet.
Once connected, click "get started".
Choose the collateral type.
Conform " setup vault" and "set allowance".
Choose the amount of dai you want to generate with ETH.
Click "confirm" to check your details.
Then deposit and generate dai.
StormX
StormX stands for 'Easy Cryptocurrency'. It is easy to earn anything from playing games to completing short surveys or offers. Everything is from your sofa. Not only is the task much easier to complete, but the possibilities you have to earn are much better!
Once you create your free Storm account, you can immediately start earning bolts, which can be exchanged for Dai.
Features:
Earn for Downloading apps and games on your phone
You can earn various bolts for downloading, installing and opening certain applications on your phone, tablet or computer.
Although you will be rewarded for installing the app, you usually have to complete certain types of actions - whether it is to reach a certain point in a game or to deposit money.
But as always, I recommend sticking to free apps first.
Shop online and earn cashback
If you plan to buy something online, go through Stromx and earn some bolts (like major cashback sites).
Referrals
The easiest ways to earn $ 1000 is by referring your friends. When your friend upgrade their memberships and hold them for 90 days, you'll BOTH earn up to $1,000 in STMX.
Casino royal
Cadino royal is one of the most popular bitcoin games in the world! with an comprehensive development user experience introduces the most unique, simple, fast and easiest dice with large variety of coins and creative surprises.
Features:
Dice
Dice is extremely easy to play and comparable to many simple BTC casino games.
In a dice game, players select a number from 1 to 100 and place a bet on whether a dice roll between the same numbers will roll above or below that number - it's very simple.
Bug hunting
Casino Royale team has already spent 4 bitcoins as a reward for identified bugs, The reward size fully depends the severity of the bug. Visual problems and spelling errors are not qualified as a serious bugs but reporting for such issues are also rewarded.
Rain
Rain rules are very simple and users with positive performance in rooms and high gaming activity get free coins through rain. Each user is eligible ti make manual rain, which will be distributed roughly on other popular games.
Roll Hunting
Roll Hunting is new game introduced by CasinoRoyale team, the game is about hunting specific numbers or digits within roll number, the games are initiated by mods and all users are eligible for participation.
Jackpot
The Lucky Number is generated every day, which consists of two digits, You can win the Jackpot if your dice bet rolled Lucky number(the sequence of the digits does not matter).
Faucet
One of the most useful features for new players is the casinoroyal faucet. Casino royal faucet offers players absolutely free cryptocurrency every day, which can be used to play a wide spectrum of different games and win big ones.
Casino Royale faucet is very simple. Players must create an account and visit the casino royal faucet page to begin claiming the dai.
Referral program
Anyone can use affiliate program, the referral rate is 25% at the beginning , but the rate can go up, depending on the number of referrals, on Pandora games rate is multiplied 2.7 times.
Dai bounty program
The integrity of maker smart contracts is their highest priority. Maker bug bounty program rewards up to $50,000 (paid in Dai) for each bugs.
The reward will vary depending on the severity of the bug. The reward is estimated according to the OWASP risk rating model based on your bug report.
Eligibility and size of a reward are guided by the rules , but are, in the end, determined at the sole discretion of Argent.
Critical: up to $50,000
High: up to $25,000
Medium: up to $10,000
Low: up to $2,000
Latium
Latium is an online freelancing platform where users can work & hire using digital currencies such as Bitcoin, dai and Ethereum.
How do you earn BCH on Latium?
Step 1: Determine what you are good at, get involved in a freelancing and sign up for Latium
Step 2: Set up your profile.
Step 3: Find projects and start bidding.
Step 4: Work.
Step 5: Get paid with stable coins.
Earn on Coinbase
Coinbase allows you to earn Dai Rewards every day (as long as you remain eligible). Users can trade any other crypto on Coinbase without any restrictions but remember, the higher your Dai balance, the more rewards you earn.
Dai Rewards allows eligible Coinbase users to earn rewards in dai by holding Dai in Coinbase.
To be eligible, you must:
Live in a country that can receive Dai Rewards.
Be verified identity on Coinbase
Hold at least $1 (or currency equivalent) of Dai in your Coinbase account
All eligible customers will be automatically opted into Dai Rewards.
Countries such as United States (except Hawaii), the United Kingdom, Spain, Netherlands, France, and Australia are eligible to earn rewards.
Earn up to 12% interest on Nexo
Grow your wealth with Nexo high income savings account.
Top up your Chainlink asset
Choose the Chainlink asset to deposit. To avoid any delays make sure you use the most up-to-date wallet address and correct note.
Start earning
Once deposited, the assets in your Nexo account will automatically start earning interest, which will be credited to you daily. You are free to add or withdraw any amount to #ZeroFees at any time.
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