Express

MakerDAO Vote Increase Ethereum-Backed Interest Rate By 2.0 Percent

Liang CHE

Summary: According to cryptoslate.com, the decentralized autonomous organization MakerDAO, which provides crypto mortgages, voted to raise interest rates from 1.5% to 3.5%. The vote was a continuation of the two interest rate hikes in February, trying to pull back its stable currency, Dai, supported by Ethereum, from less than $1.00.

According to cryptoslate.com, the decentralized autonomous organization MakerDAO, which provides crypto mortgages, voted to raise interest rates from 1.5% to 3.5%. The vote was a continuation of the two interest rate hikes in February, trying to pull back its stable currency, Dai, supported by Ethereum, from less than $1.00.

Last Update:

Tags: ,,
Link: MakerDAO Vote Increase Ethereum-Backed Interest Rate By 2.0 Percent   [Copy]
Next:

Related Articles

  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 7 days ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 8 days ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 15 days ago
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... October 5, 2025
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... October 1, 2025

    • You need to login to comment.