MakerDAO Community Votes to Hike Rewards for DAI

time:2022-12-02 01:56 source:Internet

The community of decentralized bank MakerDAO voted to increase the rewards rate for its DAI stablecoin to 1% on Thursday, according to reports by CoinDesk. Around 71% of participants voted in favor of the hike.The hike will mean greater incentives for investors at a time when crypto yields are low. However, it is still much lower compared to what traditional yield-generating assets get.Author: Tris Bell
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