MakerDAO Neighborhood Votes to Hike DAI Rewards to 1%

MakerDAO Neighborhood Votes to Hike DAI Rewards to 1%

by Jeremy

Rising the rewards referred to as the DAI Financial savings Price (DSR) signifies that traders can earn a 1% annualized return on their DAI holdings, giving an incentive for traders at a time when first rate yields in crypto are scarce. The return remains to be a lot decrease than what is obtainable for conventional yield-generating property corresponding to U.S. authorities bonds.

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