Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Crypto-backed loans account for more than 50% of MakerDAO’s projected total annual revenue, exceeding $122 million

Crypto-backed loans account for more than 50% of MakerDAO’s projected total annual revenue, exceeding $122 million

CointimeCointime2024/01/16 00:21
By:Cointime

According to the income chart of the MakerDAO protocol, DeFi native loans have become the largest source of income for MakerDAO. Currently, cryptocurrency-supported loans account for more than 50% of MakerDAO's expected annual revenue of $243 million, or more than $122 million, which comes from lending its DAI stablecoin.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Market Turmoil Hits Pi Network: Investors Face Uncertain Future

In Brief Pi Network's value has sharply declined, alarming many within the community. Experts predict a potential price drop of Pi Coin to $0.1 if trends continue. Investor confidence remains shaky due to regulatory and technical uncertainties.

Cointurk2025/04/05 14:11
Market Turmoil Hits Pi Network: Investors Face Uncertain Future