Safekeep | Covalent

Archives for “Safekeep”

author By Ganesh on January 26, 2020

TLDR; All blockchain data on Ethereum is public, yet getting data off them is hard. It’s messy, disorganized and time-consuming even for an engineer. If you’re non-technical – forget about it. 😡 In this post, we discuss a common use-case of MakerDAO with leveraged lending that can lead to a nightmarish situation when it comes to record-keeping. We have a solution – Covalent – to this specific problem and broadly to what we call the DeFi data availability gap.

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author By Ganesh on January 22, 2020

TLDR; Towards the end of 2019, the Maker project released the next major update of their system – the Multi-Collateral DAI – usually abbreviated as MCD. An overlooked component of their system is the DAI Savings Rate (DSR) – a “risk-free” way of earning interest on your DAI stablecoin holdings. In this post, we’ll take a look at what the DSR is, how it works and how to keep track of your interest income.

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