MakerDAO is achieving growth in DAI scale by increasing interest rates.
2023-07-27 16:49
Odaily News: MakerDAO approved a governance proposal this Thursday to enhance the DAI Savings Rate (DSR), with a temporary increase to 8%, aiming to attract more users.
The supply of DAI has decreased from 6.9 billion a year ago to the current 4.6 billion, while the market size of stablecoins has dropped from 160 billion USD to 127 billion USD. Last week, the protocol increased the DSR to 3.49% to attract users from competitors. (CoinDesk)
The supply of DAI has decreased from 6.9 billion a year ago to the current 4.6 billion, while the market size of stablecoins has dropped from 160 billion USD to 127 billion USD. Last week, the protocol increased the DSR to 3.49% to attract users from competitors. (CoinDesk)
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