Odaily Planet Daily News MakerDAO passed a governance proposal to enhance the DAI interest rate (DSR) this Thursday, and plans to temporarily increase the DSR to 8%, aiming to attract more users.


The issuance of DAI has shrunk from 6.9 billion a year ago to the current 4.6 billion, while the stablecoin market has dropped from $160 billion to $127 billion. Last week's agreement raised the DSR to 3.49% to lure users away from competitors. (CoinDesk)
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