Odaily News According to data from DeBank, the address starting with 0x225d was recently removed from two Uniswap V3 LP positions by 1inch: Investment Fund, receiving approximately 11,000 ETH. Afterwards, the ETH was converted to WETH and then exchanged into DAI through multiple transactions. All the obtained DAI was further exchanged for CHAI, the interest-bearing token launched by MakerDAO. Currently, there is a holding of around 26.78 million CHAI.



It is reported that CHAI (chai.money) is an ERC20 token that allows users to earn interest based on Dai without having to lock it up in the Dai Savings Rate. It can be freely transferred and can continuously be exchanged for more Dai.



The address of CHAI on the Ethereum mainnet is: 0x06AF07097C9Eeb7fD685c692751D5C66dB49c215.