Deposit sDAI
Last updated
Last updated
The following method of obtaining sDAI requires users to have DAI first.
Head to https://app.spark.fi/savings and connect your wallet. In the Stablecoins in wallet section, look for DAI row (you must have DAI in your wallet for this to appear) and click on Deposit.
Enter DAI amount you want to deposit. Make sure to turn off the Deposit into Savings USDS switch. We only want sDAI to interact with Seer. Then in the Actions section, click Approve to execute the first transaction, and Convert to execute the deposit (you must finished approving before the Convert button is enabled).
Once you have done all the necessary transactions, the specified amount of assets will be deposited and you will receive Savings DAI (sDAI) tokens in return. Make sure to check your wallet for the changes.