MakerDAO Reduces Stability Fees to Reawaken Stablecoin Demand

MakerDAO Reduces Stability Fees to Reawaken Stablecoin DemandThe decentralized finance platform, MakerDAO, intends to rekindle demand for its DAI stablecoin through fee reduction. The platform allows borrowers to use volatile cryptocurrency as collateral for loans of stablecoins (known as dai) pegged to the U.S. dollar. MakerDAO Focused on Stablecoins’ Development MarkerDao has adjusted stability fees across a wide variety of crypto assets

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Source and More information: MakerDAO Reduces Stability Fees to Rekindle Stablecoin Demand

Author: BTCManager.com