benmo.eth|Feb 24, 2025 15:10
More than an hour ago, Makerdao finally reduced the interest rate of SDAI to 6.5%. Previously, it was beaten up badly by ENA and USDC Whales. At the same time, after adjusting the treasury, the original LP was released from stability and returned to the treasury, which is equivalent to $123 million from the treasury now. At the same time, the new treasury triggered a repurchase line of $70 million, which is equivalent to $53 million available for repurchase now 👏, Now we repurchase $10000 almost every 15 minutes.
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