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MakerDAO Is Generating $27 Million In Annualized Earnings For Token Holders, The Highest Among DeFi Protocols
Summary: MakerDAO is now generating $27 million in annualized earnings for token holders, according to data from Messari Research. MakerDAO's annualized earnings represent the highest among popular DeFi protocols. The figure implies a 19x forward earnings multiple, Messari Research analyst Ryan Watkins noted in a tweet. The trend demonstrates that Maker is able to capture value ...
MakerDAO is now generating $27 million in annualized earnings for token holders, according to data from Messari Research.
MakerDAO's annualized earnings represent the highest among popular DeFi protocols. The figure implies a 19x forward earnings multiple, Messari Research analyst Ryan Watkins noted in a tweet.
The trend demonstrates that Maker is able to capture value from Dai growth, however despite this Watkins shared skepticism surrounding Maker and emphasized that DeFi figures change quickly. He added that annualized earnings as a figure is only useful in context.
By Emily Mason
Tags: Dai,DeFi,MakerDAO,Messari Research
Link: MakerDAO Is Generating $27 Million In Annualized Earnings For Token Holders, The Highest Among DeFi Protocols [Copy]