MyEtherWallet (MEW) users will now be able to generate Dai straight from the interface, marking another important step for the platform as it expands its offering into decentralized finance.





MEW users will be able to create collateralized debt obligations (CDPs) through a MakerDAO portal. The first integration of its kind, it means users can create, monitor and trade their Dai tokens, as well as ultimately redeem them for the underlying Ether (ETH), all without leaving the wallet interface.





MEW already supports ERC20 tokens, meaning that Dai can already be stored and traded on the platform.





The integration will make CDP-creation accessible to the wider community, believes Kosala Hemachandra, Founder and CEO of MEW. “Improving usability is essential if we want to see the mass adoption of DeFi and with MEW, interacting with these dApps is just as secure, but a lot easier,” he explained.





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