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MakerDAO's new proposal suggests lowering the DAI deposit rate to 3.93%

2023-11-24 23:30:03

ChainCatcher news, according to information from the MakerDAO governance forum, MakerDAO has initiated a parameter modification proposal to change the yield benchmark parameters, base interest rate, Dai Savings Rate (DSR), EDSR, and other parameters. This includes lowering the DAI deposit rate (DSR) to 3.93%. The proposal still needs to go through the formal voting process to be approved.

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