Today, I’d like to share with you a myth that I’ve recently debunked: “Interacting with DeFi protocols directly via their smart contracts is hard. You need to be considerably familiar with the protocol in question.” Turns out this is completely false. And overcoming this myth is quite powerful indeed. I’m not going to tell you why. I’m just gonna show you.
Yesterday the ERC20 market cap surpassed the eth market cap for the first time ever. I wonder how much of the ERC20 market cap is backed by these exotic creatures.
What did that 1 weiDAI thing mean actually? Was this case (of not letting DAI lender, borrow DAI) not covered by their smart contract (the team's fault)?
Assuming the UI was not there because they didn't want DAI lender to borrow DAI, then why did that UI appear after we borrowed 1 weiDAI from the contract?
Yesterday the ERC20 market cap surpassed the eth market cap for the first time ever. I wonder how much of the ERC20 market cap is backed by these exotic creatures.
Delight to read!
Quick questions.
What did that 1 weiDAI thing mean actually? Was this case (of not letting DAI lender, borrow DAI) not covered by their smart contract (the team's fault)?
Assuming the UI was not there because they didn't want DAI lender to borrow DAI, then why did that UI appear after we borrowed 1 weiDAI from the contract?