Bitcoin $115,636.25 -0.12%
Ethereum $4,612.72 -0.64%
BNB $928.30 -0.19%
Optimism $0.79 -4.24%
Arbitrum $0.52 -4.37%
Solana $242.89 +1.57%
Polygon $0.22 +2.77%
Cosmos $4.66 -3.25%
Avalanche $29.68 +0.16%

Bitcoin $115,636.25 -0.12%
Ethereum $4,612.72 -0.64%
BNB $928.30 -0.19%
Optimism $0.79 -4.24%
Arbitrum $0.52 -4.37%
Solana $242.89 +1.57%
Polygon $0.22 +2.77%
Cosmos $4.66 -3.25%
Avalanche $29.68 +0.16%

MakerDAO Increases Its DAI Savings Rate, Thanks to Competitive DeFi Landscape

Following an executive proposal decided upon on 11 December and executed on-chain on 12 December, MakerDAO [MKR] implemented an increment of its DAI Savings Rate from 0.01% to 1%.

DAI is a decentralized stablecoin whose value is pegged to the dollar and backed by centralized stablecoins such as USD Coin (USDC) and Pax Dollar (USDP) and other cryptocurrency assets such as Ethereum (ETH) and Wrapped Bitcoin (WBTC).

(by Abiodun Oladokun)

MakerDAO Dai DeFi

Original Link

Comments

All Comments

Recommended for you

Nobel laureate in economics: Stablecoins are “under-regulated” and governments could be forced to provide billions of dollars in bailouts if they collapse in a financial crisis

Jean Tirole, the Nobel Prize winner in economics, warned that the "lack of regulation" of stablecoins could force governments to provide billions of dollars in assistance if these tokens collapse in future financial crises.
BTC falls below $111,000

the market shows BTC falling below $111,000, now reporting $110,982.89, a 24-hour decline of 1.99%, with significant market fluctuations, please manage risks.
BitradeX Officially Enters CertiK Global Top 50 Rankings at 36th Place, Security Strength Receives Authoritative Recognition Again

AI cryptocurrency trading platform BitradeX has recently been officially listed by global leading security institution CertiK and ranks 36th on its trading platform security leaderboard, demonstrating the platform's continuous advancement in system security and compliance risk control.
LazAI Shares Vision for AI × Blockchain Future

In an exclusive interview at #Nexus2140, Daniel Kwak, CCO of Metis and Head of Marketing at LazAI, introduced LazAI as a pioneering platform addressing data ownership, validation, and monetization in the AI era.
NEXUS 2140 Enters Final Countdown: Global AI•Web3•Ecom Expo Set to Ignite in Korea

According to official sources, the highly anticipated NEXUS 2140 AI・Web3・E-commerce Global Expo has officially entered its final countdown. The flagship event will take place on June 21 at KINTEX in Goyang, South Korea.
BlockX.VC Makes Strategic Investment in TronBank.Pro, Expands into TRON Energy Finance

According to official sources, leading blockchain venture capital firm BlockX.VC has announced a strategic investment in TronBank.Pro, a TRON-based energy finance service platform. Both parties will jointly advance the development of TRON’s energy leasing, staking, and on-chain payment infrastructure. The funding from this round will primarily be allocated to the development of the TronBank Card payment tool, global community expansion, and the enhancement of on-chain security systems. BlockX.VC emphasized that TronBank.Pro is poised to become a key entry point in the TRON energy market, helping to improve transaction efficiency, lower user costs, and further promote the prosperity of the TRON ecosystem.
BitradeX Token (BTX) Officially Listed on CoinMarketCap with Real-Time Market Data Now Available

The BitradeX platform token, BTX, has been officially listed on CoinMarketCap (CMC), the world’s leading digital asset market data platform. Starting today, users can access real-time BTX price, trading volume, market capitalization, and other key data on CMC, further enhancing BTX’s transparency and global market visibility.
팬케이크스왑 CAKE·파이네트워크 커뮤니티, ‘CAKEPI 더블 마이닝’ 출범

글로벌 5,000만 여 명의 사용자를 보유한 파이네트워크(Pi Network) 커뮤니티와 세계 최대 DEX 팬케이크스왑(PancakeSwap-CAKE)과 함께 ‘CAKEPI 더블 마이닝’ 프로젝트를 공식 가동했다. 케이크 측은 이번 프로그램을 위해 5,000만~1억 달러 규모를 투자하여, 시세풀에 예치하였으며, 팬케이크스왑 거버넌스 토큰 CAKE의 활성화와 가치 제고를 노린다.
JuChain's first ecological project Butterfly (BF) has skyrocketed by more than 20 times in 60 hours!

According to JuCoin's official disclosure, the first ecological project of JuChain's native L1 public chain, Butterfly (BF), was officially launched on May 16, 2025. With strong mechanism design and ecological empowerment, $BF achieved a 20 fold increase in just 60 hours of launch, stunning market performance and quickly becoming the focus of the industry. As of press time, $BF is reported at 0.135 USDT, and its popularity continues to rise.
DeFi TVL exceeds $95 billion again

According to defillama data, as of May 18, 2024, the total value locked (TVL) in DeFi has once again surpassed $95 billion. It is currently reported at $95.069 billion, an increase of nearly $12 billion from the low point of $83.04 billion 35 days ago. Among the top five protocols in terms of TVL, Eigenlayer has the highest 30-day increase, with TVL rising by 19.67% to a total of $15.455 billion.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30

Dubai

Recently Searched

Hot Coins

Trending

Daily Must-Read

Welcome Back

Join CoinTime

Sign in with email

Sign up with email

Check your inbox

MakerDAO Increases Its DAI Savings Rate, Thanks to Competitive DeFi Landscape

All Comments

Recommended for you

Nobel laureate in economics: Stablecoins are “under-regulated” and governments could be forced to provide billions of dollars in bailouts if they collapse in a financial crisis

BTC falls below $111,000

BitradeX Officially Enters CertiK Global Top 50 Rankings at 36th Place, Security Strength Receives Authoritative Recognition Again

LazAI Shares Vision for AI × Blockchain Future

NEXUS 2140 Enters Final Countdown: Global AI•Web3•Ecom Expo Set to Ignite in Korea

BlockX.VC Makes Strategic Investment in TronBank.Pro, Expands into TRON Energy Finance

BitradeX Token (BTX) Officially Listed on CoinMarketCap with Real-Time Market Data Now Available

팬케이크스왑 CAKE·파이네트워크 커뮤니티, ‘CAKEPI 더블 마이닝’ 출범

JuChain's first ecological project Butterfly (BF) has skyrocketed by more than 20 times in 60 hours!

DeFi TVL exceeds $95 billion again

Daily Must-Read

Crypto treasuries set for ‘bumpy ride’ as premiums narrow: NYDIG

Trump family went pro-crypto after Biden ‘weaponized banks’ — WSJ

New York lawmaker wants to tax crypto sales and transfers

Trump to order probe of crypto and political debanking claims: WSJ

Bros who tricked MEV bots with their own medicine must face trial, says judge

Western Union CEO Views Stablecoins as an Opportunity, Not a Threat: Bloomberg

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

Popular Tags

Share