{"id":71451,"date":"2022-12-14T14:41:19","date_gmt":"2022-12-14T12:41:19","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=71451"},"modified":"2025-09-08T08:55:32","modified_gmt":"2025-09-08T05:55:32","slug":"makerdao-raises-dai-savings-rate-to-1-per-year","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/makerdao-raises-dai-savings-rate-to-1-per-year\/","title":{"rendered":"MakerDAO raises DAI Savings Rate to 1% per year"},"content":{"rendered":"<p>The DeFi platform MakerDAO has raised the DAI Savings Rate (DSR) on DAI stablecoins locked in the smart contract from 0.1% to 1% per year.<\/p>\n<p>The proposal to raise the yield in the service won the support of the majority of the community (71.25%). In the <a href=\"https:\/\/vote.makerdao.com\/executive\/template-executive-vote-recognized-delegate-compensation-gno-onboarding-blocktower-credit-rwa-vaults-onboarding-renbtc-offboarding-mkr-vesting-momc-parameter-changes-dai-savings-rate-adjustment-starknet-bridge-parameter-changes-december-09-2022#proposal-detail\">\u0433\u043e\u043b\u043e\u0441\u043e\u0432\u0430\u043d\u0438\u0438<\/a> participants were MKR owners.<\/p>\n<p>The team justified the possibility of higher payments with the project\\&#8217;s additional revenue. The authors of the proposal recalled <a href=\"https:\/\/u1f987.com\/en\/news\/gemini-proposes-1-25-annual-yield-on-gusd-deposits-for-makerdao\">cooperation with Gemini<\/a>, joint <a href=\"https:\/\/u1f987.com\/en\/news\/coinbase-proposes-makerdao-move-one-third-of-usdc-to-coinbase-prime\">initiatives with Coinbase<\/a>, <a href=\"https:\/\/u1f987.com\/en\/news\/makerdao-to-allocate-500-million-dai-from-reserves-into-bonds\">transfer of 500 million DAI<\/a> into U.S. Treasury bonds and more.<\/p>\n<p>In their view, raising the DSR would incentivize holding and increase the supply of the stablecoin, supporting liquidity.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;In the longer term, a non-zero DSR could also significantly increase the integration of the stablecoin into lending protocols, <a href=\"https:\/\/u1f987.com\/en\/news\/what-are-cross-chain-bridges\">cross-chain bridges<\/a>, exchanges and other applications,&#8221; the team said.<\/p>\n<\/blockquote>\n<p>The group of authors proposed three options for the DSR: keep the rate unchanged, raise it by 0.25% or 1%.<\/p>\n<p>In the voting, the community approved a further set of decisions, including:<\/p>\n<ul class=\"wp-block-list\">\n<li>allocation among 20 delegates of 103230 DAI as an incentive for governance participation;<\/li>\n<li>facilitating borrowing in DAI collateralised by Gnosis (GNO) tokens;<\/li>\n<li>disabling such a capability for the <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-wrapped-token\">wrapped<\/a> version of Bitcoin from Ren Protocol \u2014 renBTC.<\/li>\n<\/ul>\n<p>The remaining issues approved largely concerned various technical parameters of collateral and loans for a number of other assets.<\/p>\n<p>In the third quarter, MakerDAO\\&#8217;s revenue collapsed by 86%.<\/p>\n<p>Read ForkLog\\&#8217;s Bitcoin news in our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, rates and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The DeFi platform MakerDAO has raised the DAI Savings Rate (DSR) on DAI stablecoins locked in the smart contract from 0.1% to 1% per year.<\/p>\n","protected":false},"author":1,"featured_media":71452,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1100],"class_list":["post-71451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-makerdao"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/71451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=71451"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/71451\/revisions"}],"predecessor-version":[{"id":71453,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/71451\/revisions\/71453"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/71452"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=71451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=71451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=71451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}