DAI supply surges 20% in past three months to $5.3 billion
According to data shows that the supply of stablecoin DAI has surged by 20% in the past three months, reaching 5.3 billion US dollars, and its current market value is second only to USDT and USDC. The industry views the addition of RWA by MakerDAO as collateral for DAI supply surge. Currently, MakerDAO supports the deposit of real assets such as real estate and accounts receivable as collateral and accepts DAI loans. In addition, various attempts have been made, such as ensuring stable sources of income through asset diversification and increasing loan-to-value ratios (LTV) through the Spark Protocol.
At the same time, MakerDAO announced its next-generation platform strategy, the "Endgame Project," which was approved by the MakerDAO community in October two years ago. According to the project, MakerDAO plans to release NewStable and NewGovToken.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Dominance Nears Peak Amid Bearish Divergence
![](https://img.bitgetimg.com/multiLang/image/social/225be8c12831b6325c40d486382b137e1725755405996.jpg)
Top 5 Decentralized Protocols: Unparalleled Innovations in the Crypto Space
![](https://img.bitgetimg.com/multiLang/image/social/5f8d8e8c87ee028496ff318240f8e9dc1725755405787.jpg)
Justin Sun Announces Major Update for Tron (TRX)
Tron (TRX) founder Justin Sun signaled an important change for the altcoin in his statement.
Warren Buffett’s Crypto Gift from Justin Sun Surges 1,000% in Value by 2024
![](https://img.bitgetimg.com/multiLang/image/social/d7215344ad2c6159afe786d833a13f3a1725746405107.jpg)