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Earn coins on OKX chain and launch DAI Savings Rate (DSR)
2023-09-15 02:34
According to official news from Odaily, the Dai Savings Rate (DSR) for earning money on the OKX chain has been launched online. Users can stake 1 DAI starting from 1 DAI to earn daily income at a reference annualized rate of 5%. The actual annualized rate of return will be automatically based on the real-time status of MakerDAO. Adjustment. It can also be redeemed at any time with no transaction or service fees. The pledged DAI will be transferred to DSR at 11:00 am (UTC+8) every day and interest will be calculated according to the rules on the chain. The income will be distributed to the users capital account together with the principal redemption. It is reported that MakerDAO’s DSR is a contract for users to pledge DAI and earn income. Users have complete and independent control over their pledged DAI at any time. Among them, MakerDAO earns income through stability fees and interest on real-world assets (such as US Treasury bonds), and shares it with users who stake DAI through DSR.