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Data: Based on the current interest rate, the DAI deposited by Sun Yuchen is expected to generate a yearly income of $6.53 million.

2023-08-10 06:20
Odaily News According to Spot On Chain, Sun Yuchen has currently pledged a total of 157,000 stETH (approximately $330 million) and minted 1.178 billion DAI, which has been deposited into MakerDAO to earn the current 8% DAI savings rate (DSR).

Based on the current interest rate, it is estimated that the 1.178 billion DAI deposited by Sun Yuchen will generate an annual income of $6.53 million, with a daily income of approximately $17,900.

According to previous reports, Sun Yuchen pledged 102,000 stETH to mint 77.8 million DAI and deposited it into MakerDAO. Subsequently, Sun Yuchen pledged 67,000 wstETH, borrowed 58 million DAI, and deposited it into MakerDAO.