MakerDao Community Voted to Increase Dai Deposit Rate from 0.1% to 1%
2022-12-16
REGULATION
by
2 years ago
MakerDao community voted to increase Dai deposit rate from
0.1% to 1%. The vote passed on December 11 and came into effect on December 13.
Investors can earned 1% annualized return on their Dai holdings.
The Dai Saving Rate (DSR) lets users deposit MakerDao native
token called Dai into a smart contract and earning interests on their holding
as rewards.