In December 2021, the Dai Savings Rate (DSR) was increased from 0. 1% to 1.
16 Jan 2023, 18:58
In December 2021, the Dai Savings Rate (DSR) was increased from 0.1% to 1.00%.
Since then, all DAI deposited into the DSR skyrocketed from ~1 million to ~34 million.
What is the DSR, how does it work, and why is it the baseline yield of DeFi?
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