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David-Weiss

Hey community :) I reckon I have a pretty decent

understanding about LM and how it operates. So as far as I know if I want to contribute in LM I always have to "stake" an equal pair of coins - valuevise (for example dfi and btc)
I obviously know how to buy btc and now also how to buy these new dusd (by exchanging it via the defi wallet or via cake defi)
but what I don't quite get Is how I accumulate those tokenised stock tokens. Please correct me if I am wrong but I need them to start LM with my Dusd tokens, is that correct?

#blockchain #cryptocurrency #defichain #english
0

3 ответов

15 просмотров
Michael-

If you want to participate in the new pools yes You can get Stock Token on the DEX or you can create them if you take a loan

0
01.12.2021
David-Weiss Автор вопроса
Michael
If you want to participate in the new pools yes Y...

Thank you for the fast response! Does that mean I first have to buy dfi or usdt change them to dusd upload them to a place where I can use a DEX (I. E. Defi wallet) to then buy stock token with those dusd?

0
02.12.2021
Michael-
David Weiss
Thank you for the fast response! Does that mean I ...

Correct, you need dUSD if you want to buy Stock Tokens.

0
02.12.2021

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