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Savings Dai (sDAI) is staked DAI in the Dai Savings Rate module (DSR) and receive yield (RWA, Stability fees etc) generated by the MakerDAO protocol.
Motivation:
The establishment of a Liquidity Pool for SDAI/JWLUSD allows for
• Easy swapping of $SDAI and $JWLUSD.
• Provision of additional $ASH emission rewards yield opportunity through LP farming.
Title:
Proposal to Whitelist SDAI/JWLUSD farm for $ASH rewards.
Description:
JewelSwap, a decentralised protocol offers.
• Leveraged Yield Farming.
• Dual-token Liquid $EGLD Staking.
Savings Dai (sDAI) is staked DAI in the Dai Savings Rate module (DSR) and receive yield (RWA, Stability fees etc) generated by the MakerDAO protocol.
Motivation:
The establishment of a Liquidity Pool for SDAI/JWLUSD allows for
• Easy swapping of $SDAI and $JWLUSD.
• Provision of additional $ASH emission rewards yield opportunity through LP farming.
References:
• Website: https://app.jewelswap.io/
• Twitter: https://twitter.com/JewelSwapX
• Documentation: https://docs.jewelswap.io/
• Telegram Community: https://t.me/jewelswap
• $JWLUSD Token ID: JWLUSD-62939e
• $SDAI Token ID: WSDAI-277fee
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