DAI supply increased from $4.4 billion to $5.4 billion in 60 days. In addition to supply growth, DAI set a new record in April, with on-chain transaction volume reaching $636.72 billion. The Dai Savings Rate (DSR) also showed positive momentum, with the DSR growing steadily in recent months and total deposits exceeding $2 billion last week.
The growth of MakerDAO’s DAI supply in the past two months is a significant phenomenon, from $4.4 billion to $5.4 billion, which means that the market size of DAI is expanding. This growth may be related to several factors:
1. Adjustment of Stability Fee and DAI borrowing APY: SparkLend’s adjustment of Stability Fee and DAI borrowing APY (annualized rate of return) may have attracted more users to engage in lending activities, thereby increasing the supply of DAI.
2. Growth of Dai Savings Rate (DSR): The steady growth of DSR indicates the increasing attractiveness of DAI deposits, which may be due to the optimization of the MakerDAO protocol or the increased market demand for stablecoins. The total deposit amount exceeded $2 billion last week, which further proves the popularity and trust of DAI in the crypto market.
3. Increase in on-chain transaction volume: DAI set a new record of $636.72 billion in on-chain transaction volume in April, indicating that the frequency and scale of DAI’s use in daily transactions are increasing.
These data and events indicate that MakerDAO's DAI is experiencing a period of growth. Its increased supply, rising DSR, and record on-chain transaction volume all point to the importance and increased usage of DAI in the cryptocurrency market. For investors and market participants, these changes may mean that DAI's potential and stability as a stablecoin are being recognized by more and more people. #加密货币挖矿 #加密货币市场 #dai