sorry i dont follow closely about eidoo project. what the different DAI and iDAI? why we need to swap? is that the same as ETH and WETH? and what the Fulcrum itself? thank you..
DAI is the only 100% decentralized stable coin available in the crypto market. It is backed by the popular MakerDAO project, with a fixed value of $1 (USD) per $DAI token. iDAI is an interest accumulating token that continuously goes up in value as you hold it. It represents a share in a lending pool that grows in size as borrowers pay interest into it. Fulcrum is a margin lending and trading platform with tokenized loans (iTokens) and tokenized positions (pTokens) that use algorithmic lending pools to determine interest rates through supply and demand.