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

  • Vishwa Advances Agentic Infrastructure Research Through Contribution to Emerging Framew... 8 days ago
  • BitMart US Launches Operations with 49-State Licensing and Zero-Fee Program 12 days ago
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift October 30, 2025
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING October 29, 2025
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? October 22, 2025

    • You need to login to comment.