Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
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)