• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

MakerDAO Community Votes to Raise Interest in Holding DAI Stablecoin by Up to one%

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Having MakerDAO increase the curiosity fee on DAI stablecoin financial savings by up to one% really should assist “minimize capital outflows” from DeFi to conventional fiscal markets.

MakerDAO discontinued "money pump" for Aave for fear of risk from Celsius
MakerDAO neighborhood votes to improve DAI stake by up to one%

The MakerDAO neighborhood is now voting on a proposal to improve the yearly reward for the DAI stablecoin, which incorporates a variety of increments this kind of as initial%, .75%, .five%, .25% or unchanged with respect to the degree .01% present.

Related articles

Aragon DAO supports 2 community proposals to oppose its founding team

Aragon DAO supports two local community proposals to oppose its founding group

November 21, 2023
Layer-2 Blast requires $20 million in capital, aiming to raise interest rates for ETH and stablecoin holders

Layer-two Blast necessitates $twenty million in capital, aiming to increase curiosity prices for ETH and stablecoin holders

November 21, 2023

The neighborhood of MKR owners has begun voting considering the fact that November 28th, voting is anticipated to finish on December 1st. At the time of creating Coinlive, a 99% of votes agreed to raise interest rates to 1%. But the final results can be modified when the neighborhood utilizing preferential voting chooses a distinct increase.

The voting time period will near at 11pm on December 1st (Vietnam time).

Voting Rate for DAI Rate Adjustment Proposal, MakerDAO screenshot at eleven:20am on eleven/29/2022

The vote comes as curiosity in DeFi plummets amid cooling demand for cryptocurrency lending. Meanwhile, curiosity fee in conventional markets it improved drastically thanks to the aggressive choice of the US Federal Reserve to increase curiosity charges, foremost to capital flight from DeFi.

Maker kicked off its income development technique by donating a portion of $seven.seven billion operational reserves, which are diversified across investment portfolios to stay away from the chance of relying heavily on USDC. Generally, the cooperation with Coinbase when agreed to transfer $one.six billion in custody to the exchange to obtain Annual yield of one.five%. Or allocating investments to conventional assets this kind of as government bonds.

.@MakerDAO is now creating 50% of its revenues from authentic-planet assets, mainly MIP65 ETF quick-phrase bonds and GUSD premiums.
Double the revenues in the final handful of weeks and that is just the starting.
I’m beginning the thread to reward DAI holders for boosting development. pic.twitter.com/FqZNjuNXWs

— Sebastien Derivaux (@SebVentures) November 4, 2022

MakerDAO contributors have recommended that a portion of the new income really should be “redistributed” to DAI holders, creating the stablecoin much more interesting to cryptocurrency traders. On the other hand, this would be a substantial overhead for MakerDAO if the proposal is thriving.

Synthetic currency68

Maybe you are interested:

Maybe you are interested:

Tags: CommunityDAIholdingInterestMakerDAORaisestablecoinvotes
Share76Tweet47

Related Posts

Finternet Drives Investment with Institutional Support

by shark
June 26, 2025
0

Institutional backing fuels Finternet development, bolstering crypto investments with a $4.9B influx in Q1 2025.

GameStop Raises $450M in New Zero-Interest Notes

by shark
June 26, 2025
0

GameStop Corp. has announced a $450 million raise via zero-interest convertible senior notes due in 2032, aimed at enhancing its...

Trump Criticizes Fed Chair Powell, Calls Him ‘Very Stupid’

by shark
June 26, 2025
0

Donald Trump critiques Fed Chair Jerome Powell, impacting financial discourse without immediate crypto market shifts.

Polymarket Secures $200M Funding, Achieves $1B Valuation

by shark
June 26, 2025
0

Polymarket, a decentralized prediction market, is valued at $1 billion after a $200 million funding round amidst regulatory scrutiny and...

Moca Network Launches Moca Chain for Decentralized Identity

by shark
June 26, 2025
0

Moca Network unveils Moca Chain, a Layer 1 blockchain for decentralized identity management.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Finternet Drives Investment with Institutional Support
  • GameStop Raises $450M in New Zero-Interest Notes
  • Trump Criticizes Fed Chair Powell, Calls Him ‘Very Stupid’
  • Polymarket Secures $200M Funding, Achieves $1B Valuation
  • Moca Network Launches Moca Chain for Decentralized Identity
  • Bitcoin Soars to $108,000 Amid High-Leverage Trading
  • Ankr Migrates RPC Services to Private Network
  • A Comprehensive Comparison of Qubetics ($TICS), Polygon, and Bitcoin – Top Crypto Presale Opportunities
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7