Maker’s Stability Drops 8 Percent to 5.5 APR as DeFi Sentiment Picks Up

Maker’s Stability Drops 8 Percent to 5.5 APR as DeFi Sentiment Picks Up
фото показано с : btcmanager.com

2019-10-29 01:30

Maker Protocol’s stability fee is voted into existence with MakerDAO’s governance mechanism. The stability fee is what helps keep DAI’s peg afloat, and the confirmation of a reduction to 5.

5% signifies a positive outlook on demand for DAI. As the price of ETH moves up, adoption metrics for DeFi protocols continue to chug along inRead MoreRead More. The post by Ashwath Balakrishnan appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\.

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