Dai stable coin value

1 answers
1 votes
Dai stable coin value
asked
[social_warfare]
So if I bought DAI using my eth with a price of $400, and then the price of eth becomes $300 in a week or so. Will I lose the value of my DAI when I withdraw it at the eth price of $300?

Answers

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@blogger owl

If you are long ETH, then use a Leverage on AAVE or COMPound to get exposure to DAI. But be careful not to get liquidated. Make sure you have a healthy LOAN to Value ratio

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