Maker DAO Starts Vote to Raise DAI Savings Rate to 3.3%
A core development team recently proposed increasing the DAI interest rate to 3.3% to the Maker DAO community.
BTC$62,618.00-0.25%
ETH$1,784.25+0.38%
USDT$0.9988-0.04%
USDC$0.9999+0.01%
XRP$1.07-0.61%
SOL$75.19-1.62%
TRX$0.3249-1.59%
FIGR_HELOC$1.03+1.91%
HYPE$63.74-2.41%
DOGE$0.0723+0.10%
USDS$0.99970.00%
RAIN$0.0143-0.35%
LEO$9.54+0.05%
ZEC$507.59-1.85%
WBT$54.95-0.04%
BTC$62,618.00-0.25%
ETH$1,784.25+0.38%
USDT$0.9988-0.04%
USDC$0.9999+0.01%
XRP$1.07-0.61%
SOL$75.19-1.62%
TRX$0.3249-1.59%
FIGR_HELOC$1.03+1.91%
HYPE$63.74-2.41%
DOGE$0.0723+0.10%
USDS$0.99970.00%
RAIN$0.0143-0.35%
LEO$9.54+0.05%
ZEC$507.59-1.85%
WBT$54.95-0.04%
MakerDAO is set to buy up to $6 billion worth of T-bonds after the initial investment paid off well.
A core development team recently proposed increasing the DAI interest rate to 3.3% to the Maker DAO community.
MakerDAO will launch its Spark lending protocol to DeFi users on Tuesday, May 9th.
MakerDAO is to receive a 2.7% annual yield on up to $500 million worth of USDC it is planning to transfer to Coinbase’s custody.
Almost 80% of MakerDAO members voted to retain USDC as primary DAI reserve asset.
Coinbase announced that MakerDAO would be transferring up to $1.6 billion USDC to its Custody Reward Program in return for a 1.5% reward.
MakerDAO votes to diversify its balance sheet with TradFi investments.
MakerDAO governance proposal is meant to transfer $528M worth of USDC to earn Coinbase custody rewards.