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

  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 4 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 11 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 13 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 15 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 18 days ago
  • You need to login to comment.