Express

MakerDAO Is Generating $27 Million In Annualized Earnings For Token Holders, The Highest Among DeFi Protocols

Emily Mason

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

Last Update:

Tags: ,,,
Link: MakerDAO Is Generating $27 Million In Annualized Earnings For Token Holders, The Highest Among DeFi Protocols   [Copy]
Next:

Related Articles

  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 4 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 6 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 8 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 11 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 12 days ago

    • You need to login to comment.