1. Chose Eth or Dai and approve Dai if necessary (Acquire Dai from Maker if necessary)

2. Place a fixed-side order at a chosen rate and maturity.

3. After confirmation, (or if an order already exists) select the order from the order list.

4. After inspecting the order's parameters, approve the new contract, "take" the order, and in the process back the fixed-rate with 100% like-kind collateral.

5. Once the agreement reaches maturity release the timelock, returning the fixed-yield to one party and remaining interest to another.