Maker Plans to Increase the Protocol's System Surplus to 300 Million $DAI in the Coming Weeks

Decentralized stablecoin protocol Maker‘s team members have posted on their official forum to make public specific plans for Maker's growth strategy. There is an urgent need to increase system surplus (SS) to increase Maker's resilience to current and future risks. The Maker team plans to increase the protocol's SS to 300 million $DAI in the next few weeks, up from 68 million $DAI as of April 1. The Maker team said it plans to boost the system surplus through debt financing and token financing, but will not consider $MKR burned for now. In addition, work on revising $MKR tokenomics will be done in parallel with work on increasing the system surplus.
Source

DeFi

Lending

Stablecoins

In This Article

Related News
Daily Market Wrap | Aug. 08 Daily Market Wrap | Aug. 08
Wall Street back-office giant DTCC mulls stablecoin integration: report Wall Street back-office giant DTCC mulls stablecoin integration: report
Crypto industry cheers progress in 'historic' stablecoin legislation as Senate advances GENIUS Act Crypto industry cheers progress in 'historic' stablecoin legislation as Senate advances GENIUS Act
Circle secures in-principle approval to operate as money services provider in Abu Dhabi Circle secures in-principle approval to operate as money services provider in Abu Dhabi
Mastercard moves to integrate stablecoins into global payments network Mastercard moves to integrate stablecoins into global payments network
Latest News More More
Daily Market Wrap | Aug. 19
23 Hours Ago Daily Market Wrap | Aug. 18
3 Days Ago Daily Market Wrap | Aug. 15
4 Days Ago Daily Market Wrap | Aug. 14
5 Days Ago Daily Market Wrap | Aug. 13
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open