Integration of DAI (ERC-20 and BEP-20) in the GLUFCO Service Switch
From DAG Venezuela, we have just achieved a vital and important integration for DAI, because we all know how tedious the Ethereum gas fee is, from GLUFCO (I work there) we natively integrated the acceptance of DAI in BEP-2’.
En @glufco nos dimos cuenta del creciente uso de #BSC por parte de muchos usuarios sea Latam o sea en Venezuela, por ende decidimos agregar $USDT $BUSD $USDC y $DAI en formato BEP-20. Esto para así los usuarios que deseen nuestra Switch de servicios no estén limitados al gas ETH pic.twitter.com/uTJvoftujp— Diego ⚡🔑🇻🇪 (@Saludiego_201) March 9, 2021
What benefits does this bring for DAI in the LATAM region?
- Users will be able to use their DAI, to be able to exchange it for VES, or USD in cash (for now only in Caracas, Venezuela), or By banks in Panama and some local banks in Venezuela.
We expect to be able to integrate other regional currencies for withdrawals such as CLP from Chile, ARS from Argentina, PEN from Peru, USD from Ecuador and UYU from Uruguay.
Users from anywhere in the world will be able to exchange their DAI for USD via ZELLE to buy in certain US websites. It doesn’t matter if you are from country x in the world, you will be able to use your DAI (ERC-20 and BEP-20) to buy even in any store in the world that supports ZELLE.
You will be able to buy from Binance P2P DAI in a very economic way and send it to your relatives for now in Venezuela or in USA via Zelle, this without any commissions because it will be by internal transfers.
Without more to say for now, we hope to continue adding use cases for DAI from DAG Venezuela.