> For the complete documentation index, see [llms.txt](https://docs.summer.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.summer.fi/summer.fi-pro/products/earn/dai-savings-rate-dsr/sdai.md). # sDAI Savings DAI (sDAI) is a yield-bearing token representing DAI deposited in Maker's DAI Saving Rate (DSR) module. sDAI is connected to the DAI Savings Rate Module, which automatically accrues the DAI savings rate yield set by Maker governance. When depositing into the DSR through Summer.fi you can choose to mint sDAI, this will then be available in your wallet to use as you please. One example where you can use the sDAI token is with Ajna to borrow USDC against it, which you can [try here](https://summer.fi/ethereum/ajna/borrow/SDAI-USDC#setup).\ \ **For example:** You deposit 10,000 DAI into the DSR Product and opt-in to minting sDAI. Once your deposit transaction is successfully submitted, **you will receive the equivalent of sDAI at the current price.** To illustrate, let's assume sDAI price is 1.03 DAI. When you deposit 10,000 DAI you will get 9,700 sDAI. sDAI will accrue interest and constantly accumulate; this means that **sDAI's value effectively always increases relative to DAI.** After some time, when sDAI price reaches 1.05 DAI, for example, you can **convert your 9,700 sDAI to 10,185 DAI.** You can find the current DAI Savings Rate on [Summer.fi ](https://summer.fi/earn/dsr/0x5c5294453786968c6bC9349384a76751EF25042f#overview) You can find the sDAI Token Contract [here](https://etherscan.io/address/0x83f20f44975d03b1b09e64809b757c47f942beea) More information on Maker Governance can be found [here](https://vote.makerdao.com/) --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.summer.fi/summer.fi-pro/products/earn/dai-savings-rate-dsr/sdai.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.