Utilizing idle capital The Dai Savings Rate (DSR), implemented last month, is not the first place Dai holders could earn a return by locking up their Dai in a smart contract, but it is, what one might consider, the first risk-free rate in DeFi. The DSR, which is currently set at 4%, is funded by, but not dependent on, stability fee payments. In the words of
How the Dai Savings Rate will affect DeFi Lending
How the Dai Savings Rate will affect DeFi…
How the Dai Savings Rate will affect DeFi Lending
Utilizing idle capital The Dai Savings Rate (DSR), implemented last month, is not the first place Dai holders could earn a return by locking up their Dai in a smart contract, but it is, what one might consider, the first risk-free rate in DeFi. The DSR, which is currently set at 4%, is funded by, but not dependent on, stability fee payments. In the words of