DAI Circulation Approaches 5 Billion As MakerDAO Unleashes Key Updates
Summary
MakerDAO's recent updates, including the Accelerated Proposal and D3M, have led to a nearly 5 billion DAI supply and increased Dai Savings Rate. The Maker Protocol's total value locked is around $8.4 billion, with significant contributions from Ethereum-based collaterals and real-world assets. The Morpho DM3 vault is projected to generate $50 million in annual income. Despite a decline in MKR token price, the protocol's market capitalization has increased by 28% over the past 30 days, with trading volume surging to $5.9 billion.
