Review on Compound Dai by Jose Palma

Name: Compound Dai
Item: Compound Dai
Rating: 4

October 23, 2020

Compound Dai (CDAI)

Compound Dai (CDAI), is a digital currency of DeFi type, which is present in the market of the cryptoactives and where it has operations of very efficient agreements, the same one is created on the basis of the company Compound, which is a protocol of algorithmic interest rate. Compound Dai (CDAI) is a digital currency with a very high daily purchase volume, so it can be easily stored in various types of wallets from other companies, it can be easily transferred to other wallets and it is even possible to ask for loans in digital currencies CDAI, from the platforms of various exchanges. Compound Dai (CDAI), has generated a lot of confidence in the cryptomoney community since it currently has a percentage of ROI of +24.22%.
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Pros

Compound Dai (CDAI), has a high volume of daily purchase of its currency.
Compound Dai (CDAI), is listed on the Compound and Balancer trading platforms, where it can be easily purchased in the CDAI/DAI and CDAI/COMP pairs.
It is possible and very easy to ask to borrow Compound Dai coins (CDAI), from various exchanges and above all they are directly transferable to the wallet.

Cons