Maker agreement annual income exceeds $165 million, reaching a two-year high.
2023-08-15 04:58:57
Odaily News Makerburn.com data shows that the supply of DAI stablecoin has surged to a 5-month high of 5.35 billion coins. With the increase in supply, the protocol's annual income has also reached a two-year high of $165.4 million, which means that Maker currently earns approximately $165 million in fees per year.
This increase may be attributed to the MakerDAO community's vote on August 6th to temporarily raise the annual yield from 3.19% to 8%. According to Dune data, since last week, the DAI savings rate (DSR) deposits in the protocol have grown nearly fourfold, from $340 million to $1.3 billion. (Decrypt)
This increase may be attributed to the MakerDAO community's vote on August 6th to temporarily raise the annual yield from 3.19% to 8%. According to Dune data, since last week, the DAI savings rate (DSR) deposits in the protocol have grown nearly fourfold, from $340 million to $1.3 billion. (Decrypt)
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