Decentralized finance (DeFi) giant MakerDAO has raised the stablecoin yield, called the DAI Savings Rate (DSR), to 3.3%.
Recently by MakerDAO shared In an official announcement, the DAI Savings Rate From 1% to 3.33% It was stated that a proposal was opened to community voting. Your proposal, DeFi risk management firm Block Analytica It was reportedly presented to the community. annual return This proposal, which aims to increase the level of unanimously accepted.
DSR, for the sake of the Maker protocol is an essential ingredient and users deposit DAI in return a consistent interest rate offers an opportunity to receive This savings rate can be changed at intervals necessary to cope with short-term changes in market conditions.
These updates are in the DeFi ecosystem. lending And borrowing (borrowing) system is active and attractive in a way that can compete with the global market conditions.
Reflections will be seen across the entire DeFi ecosystem
Founder of Block Analytica Primoz Kordezthis offer accepted DSR rates will increase across the entire DeFi ecosystem. and emphasized that this would benefit the entire ecosystem:
Prepare for a price increase in DeFi. The new offering in Dao will increase DAI DSR to 3.33%, which will raise rates in the DeFi environment. Note that DAI in DSR is the benchmark for the safest DeFi stablecoin yield.
3 months now US Treasury Bills yield 5.29% is located in the vicinity. Increasing the 1% savings level in DeFi while investors are trading at these rates in the traditional market, and catching market conditions seen as a necessary step forward.
On the other hand, it is among the largest DeFi platforms. AAVE (AAVE) And in Compound (COMP) stablecoin investors about 2%-2.5% wins. This ratio over protocols has increased in the near future in parallel with the increase in MakerDAO. 3.3% It is expected to be moved around.
Market analysts say that this DSR-specific update is against DAI. request will increase and the project market of the value will rise is thinking.