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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)$97,386.000.57%
  • ethereumEthereum(ETH)$3,288.18-1.41%
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  • solanaSolana(SOL)$253.751.94%
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  • usd-coinUSDC(USDC)$1.00-0.07%
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  • bitcoinBitcoin(BTC)$97,386.000.57%
  • ethereumEthereum(ETH)$3,288.18-1.41%
  • tetherTether(USDT)$1.000.03%
  • solanaSolana(SOL)$253.751.94%
  • binancecoinBNB(BNB)$618.62-0.80%
  • rippleXRP(XRP)$1.4326.83%
  • dogecoinDogecoin(DOGE)$0.3944662.20%
  • usd-coinUSDC(USDC)$1.00-0.07%
  • staked-etherLido Staked Ether(STETH)$3,292.63-1.40%
  • cardanoCardano(ADA)$0.9013.79%