[DeFi] DAI Annual Interest Rate goes above 10%

I was curious about this myself earlier and I think I've got my head around it.

My understanding in a nutshell is as follows:

1. Obtain DAI in a wallet you control. Either through direct purchase on an exchange or by trading other crypto for it.
2. Open an account Find a web service that allows you to loan out DAI. compound.finance is one such portal, oasis.app is another. Oasis gives the DSR return, compound pays a return in cDAI. As such, oasis is probably the 'safer' bet of the two.
3. Fund the account with DAI.
4. Rake in interest at the rate stated.

EDIT: Finesse added as my knowledge about this has grown through very helpful Reddit comments.