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Maker seemingly gives up on Dai peg as interest rates are raised above 0%

September 8, 2020 by DIGIT
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It seems zero interest rates were not enough to keep DAI stable.

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Categories business, DAI, defi, maker
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  • bitcoinBitcoin(BTC)$105,448.000.50%
  • ethereumEthereum(ETH)$2,517.121.11%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.221.54%
  • binancecoinBNB(BNB)$649.880.24%
  • solanaSolana(SOL)$149.61-1.83%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.183165-1.12%
  • tronTRON(TRX)$0.2858702.57%
  • cardanoCardano(ADA)$0.66-0.72%
  • bitcoinBitcoin(BTC)$105,448.000.50%
  • ethereumEthereum(ETH)$2,517.121.11%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.221.54%
  • binancecoinBNB(BNB)$649.880.24%
  • solanaSolana(SOL)$149.61-1.83%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.183165-1.12%
  • tronTRON(TRX)$0.2858702.57%
  • cardanoCardano(ADA)$0.66-0.72%
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  • bitcoinBitcoin(BTC)$105,448.000.50%
  • ethereumEthereum(ETH)$2,517.121.11%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.221.54%
  • binancecoinBNB(BNB)$649.880.24%
  • solanaSolana(SOL)$149.61-1.83%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.183165-1.12%
  • tronTRON(TRX)$0.2858702.57%
  • cardanoCardano(ADA)$0.66-0.72%
  • bitcoinBitcoin(BTC)$105,448.000.50%
  • ethereumEthereum(ETH)$2,517.121.11%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.221.54%
  • binancecoinBNB(BNB)$649.880.24%
  • solanaSolana(SOL)$149.61-1.83%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.183165-1.12%
  • tronTRON(TRX)$0.2858702.57%
  • cardanoCardano(ADA)$0.66-0.72%