Swapping or Minting $sDAI on Gnosis Chain
Last updated
Last updated
Once you have $xDAI, you must obtain $sDAI using two methods:
There are a few known DEXs with deep liquidity that we can swap your tokens to xDAI and sDAI.
Balancer - https://app.balancer.fi/#/gnosis-chain/swap
Honeyswap - https://honeyswap.1hive.eth.limo/#/swap
There are more DEXs, but these have the deepest liquidity on Gnosis Chain.
You should not swap all the $xDAI for $sDAI as you still need $xDAI for gas! You may need to get more xDAI for gas fees occasionally!
You can mint $sDAI directly on the Agave website here:
Either way, you now have both $xDAI and $sDAI, you're now ready to trade on Mu!