Savings Dai

sDAI

sDAI is a yield-bearing token that represents DAI deposited in Maker's DAI Savings Rate (DSR) module.

Risk Rating

Good

What is Savings Dai?

Ready to earn 15% yield or more with Exponential?

Invest

Information

Blockchain

Ethereum

Info

Asset Type: ERC-20

Key Metrics

Risk Assessment

Good

Asset Strength

sDAI is a mid-cap, fully collateralized asset. This asset depends on two centralized entities for custody services. This asset is exposed to the underlying risks of Maker, a protocol rated as Good.

Dependencies

Maker

Asset Tokenomics

sDAI does not have a supply schedule. sDAI is a yield-bearing token that represents DAI deposited in Maker's DAI Savings Rate (DSR) module to earn yield.

Things to know about sDAI