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
Total stablecoin market cap surpasses $230 billion amid institutional interest and Trump policies Total stablecoin market cap surpasses $230 billion amid institutional interest and Trump policies
Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum
Total stablecoin market cap tops $200 billion as onchain lending yields surge Total stablecoin market cap tops $200 billion as onchain lending yields surge
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51
Arijit Sarkar Arijit Sarkar 2 hours ago Crypto lender Polter Finance halts operations after $12M hack Arijit Sarkar Arijit Sarkar 2 hours ago Crypto lender Polter Finance halts operations after $12M hack
Latest News More More
12 Hours Ago 0xbow unveils ‘Privacy Pools,’ a new blockchain privacy tool drawing from Vitalik Buterin’s research
5 Days Ago Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet
5 Days Ago MEXC Extends DEX+ Platform to Binance Smart Chain Users
March 25 Binance suspends employee for allegedly profiting off of insider information
March 25 BlackRock launches bitcoin ETP in Europe following US success
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open