📈💰 BeInCrypto reports that MakerDAO's recent adjustment to the DAI staking reward rate to 8% has yielded significant results. Within just 7 days, the DAI market cap surged by approximately $1 billion. From $4.45 billion, it reached $5.35 billion. This development followed MakerDAO's DAI-focused DeFi lending protocol Spark increasing its DAI deposit reward rate (DSR) to 8%. Subsequently, MakerDAO's founder, Rune Christensen, proposed a reduction to a maximum of 5.8% to prevent arbitrage trading by Ethereum whales. The market's response highlights the impact of reward rate changes in the DeFi ecosystem. 💼🔔 #MakerDAO #DAIStaking #DeFiMarket #CryptocurrencyUpdates