MakerDAO increases its DAI Savings Rate, thanks to competitive DeFi landscape

An executive proposal has been implemented to increase DAI Savings Rate to 1%. MakerDAO was momentarily displaced as the DeFi protocol with the largest TVL. Following an executive proposal decided upon on 11 December and executed on-chain on 12 December, MakerDAO [MKR] implemented an increment of its DAI Savings Rate from 0.01% to 1%.  DAI […]