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RE: Dai on coinbase! Just wow

in #dai6 years ago

Hello friend. Looks like we think the same thing!

https://steemit.com/coinbase/@edicted/breaking-news-coinbase-lists-my-three-favorite-erc-20-tokens

I saw you on the coinbase trending tab (#3) I was number 2. We've now switched spots because I upvoted you :D

The Dai listing on Coinbase is absolutely 1000 times a bigger deal than most people realize. You should read my thoughts on it... if you like.

Coinbase can now act as a proxy for Dai and give people the option of taking out a Dai loan using any of the collateral available on Coinbase. I wouldn't expect something like this to happen for a few years but soon™ Coinbase will be a full on bank giving out decentralized collateral loans.

The liquidity added to Dai by this Coinbase listing is going to be insane... x100 for sure.