Binance Square
LIVE
LIVE
defi3w
--449 views
See original
After MakerDAO turned on smart destruction, it used the surplus funds from the treasury to purchase MKR and combined it with DAI to form LP and added it to Uniswap V2. Currently, 7 hours and 46 minutes have passed, and a total of 16 purchases have been executed, with each purchase of 5,000 US dollars of MKR from the chain. On average, one purchase is performed every 26 minutes. The current system surplus is 69.6 million US dollars, with 19.6 million US dollars left for LP, and the remaining cycle of continuous repurchase exceeds 35 days. #RWA #MakerDAO

After MakerDAO turned on smart destruction, it used the surplus funds from the treasury to purchase MKR and combined it with DAI to form LP and added it to Uniswap V2. Currently, 7 hours and 46 minutes have passed, and a total of 16 purchases have been executed, with each purchase of 5,000 US dollars of MKR from the chain. On average, one purchase is performed every 26 minutes. The current system surplus is 69.6 million US dollars, with 19.6 million US dollars left for LP, and the remaining cycle of continuous repurchase exceeds 35 days.

#RWA #MakerDAO

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
0
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@Square-Creator-46b514391

Explore More From Creator

--

Trending Articles

View More
Sitemap
Cookie Preferences
Platform T&Cs