Crypto-backed loans account for more than 50% of MakerDAO’s projected total annual revenue, exceeding $122 million
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.
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.
You may also like
CFTC's Christy Goldsmith Romero to Leave Agency at End of Month
Crypto Investment Products Fully Recover From $7B Outflows Seen in February-March
Here’s The Resistance Ethereum (ETH) Price Needs to Breach to Hit $3,000
Trending news
MoreCrypto prices
More
