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/biz/ - Business & Finance

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16162368 No.16162368 [Reply] [Original]

>tfw making compound dai with dai purchased on the open market for sub $1 for the purposes of long term saving, while not having a CDP open
oops, sorry CDP holders, guess until I decide to sell these not all of you will be able to pay back your loans

>> No.16163232

Where to buy sub $1 dai?

>> No.16163248

>>16162368
can you stop spamming the board please?

>> No.16163256

i dont understand a word man
can you explain like im retarded

>> No.16163268

>>16163256
His shitcoin will have to use chainlink to be secure and stable, until then its a gamble

>> No.16163284

>>16163268
cool ty

>> No.16163354

>>16162368
i am tard, so can you explain somethings: if all dai are loaned into existence with interest attached...how can i buy on coinbase for $1? does that mean I owe interest on that?
please spoonfeed.

>> No.16163516

>>16162368
4chan too devilish ching mans cdp for backing his dai

>> No.16163577

>>16163232
Exchanges with a high spread on the pair, perhaps

>> No.16163588

>>16162368
this is bullish for rsr