The DeFi building blocks of MakerDAO and Lido miraculously raised the cryptocurrency bear market base interest rate to above 8 points for the first time. The logic behind it is a liquidity premium, with high liquidity subsidizing low liquidity. The high-liquidity USDC-based U.S. debt-type RWA & high-liquidity DAI subsidize the low-liquidity DAI in DSR, and the high-liquidity ETH subsidizes the low-liquidity stETH. The ratio has reached the 20% range. The magic of the DeFi world magic.