After the DAI Deposit Interest Rate Was Raised to 8%, Its Market Value Increased by Nearly 1 Billion US Dollars in 7 Days

2023/08/14 03:40

According to CoinMarketCap data, after MakerDAO raised the DAI deposit interest rate (DSR) to 8%, the market value of DAI has increased by nearly $1 billion in the past 7 days. The market value of DAI increased from $4.45 billion on August 6 to $5.33 billion. In addition, according to the Makerburn dashboard, this incentive immediately affected the amount of DAI in DSR, increasing from 339.4 million on August 6 to 1.27 billion. 

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