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AMB Crypto
2023-03-22 13:30:55

Will MakerDAO’s new changes instill confidence in DAI? Examining…

Will MakerDAO’s new changes instill confidence in DAI? Examining…

MakerDAO has a new proposal to introduce changes to its PSM operations. DAI’s supply has dwindled since USDC’s de-pegging, due to a lack of demand. Leading decentralized finance protocol, MakerDAO [MKR], has proposed changes to its Peg Stability Module (PSM) operations in response to DAI’s recent loss of parity with the US dollar. The proposal

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