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
Get the most concise crypto news, research, and insights by subscribing to our free newsletter.