I have to take a deep look inside the loophole of ETH + DAI combo, but it is really profitable?
I mean, let's say that you lock 100$ worth of eth.
To be safe you only generate 40 DAI to be collateralized in a ~250%.
Now you move your DAI around and generate a profit/loss.
If you want to recover your 100$ worth of eth, you have to pay the stability fee as I see. How much is that stability fee and how it varies? I read ~6% in some places, 3% in others... what has been your experience so far?
I'm thinking about touching it, but what happened in march scares me a little.
Any tip?
Thx
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