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HYPE $43.57 -3.43%
AAVE $113.30 +5.63%
SUI $0.9883 +1.27%
XLM $0.1659 +3.53%
ZEC $335.29 -1.06%

The GnosisDAO proposal suggests depositing 25 million xDAI into DSR on the Gnosis Chain

2023-06-23 16:04:47
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ChainCatcher message, the GnosisDAO community has initiated a new proposal to deposit 25 million xDAI on the Gnosis Chain into the DAI Savings Rate (DSR). Gnosis Chain users can mint GC sDAI using xDAI and accumulate DSR savings yields. Theoretically, the DSR yield on the Gnosis Chain is always higher than that on the Ethereum mainnet, as interest rate equilibrium can only be achieved when all xDAI is staked. (source link)

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