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