Makerdao Considers Significant DAI Savings Rate Hike: 3.3% on the Horizon, If Vote Passes

The Makerdao collective is currently immersed in a discussion about the potential rise of the DAI stablecoin’s savings rate to 3.3%. This suggestion was introduced by Block Analitica and revealed to the community on May 26 under the title “Stability Scope Parameter Changes #2.” Block Analitica Proposes Raising DSR to 3.3% Risk and intelligence firm

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New MakerDAO proposal seeks to raise savings rate to 3.33%

Five months after raising the DAI savings rate (DSR) to 1%, the MakerDAO community is expected to soon vote on a new proposal that seeks to increase the DSR further to 3.33%. The last rate hike saw 35 million DAI stablecoins deposited in a span of a month and if the new proposal is to …

<p>The post New MakerDAO proposal seeks to raise savings rate to 3.33% first appeared on CCNC | Cryptocurrency Newscast.</p>

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MakerDAO proposal seeks to hike DAI savings rate to 3.33%

The DAI savings rate was previously increased to 1% in December 2022, and led to 35 million DAI being deposited in the span of a month, according to MakerDAO.

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Study Shows Bank of England’s Rising Interest Rates Threaten 1.2 Million UK Households With Insolvency

The Bank of England made an impactful move last Thursday, June 22, 2023, as it raised the benchmark bank rate to 5%, marking a significant 0.5 percentage point increase. This decision catapults the central bank’s rate to its highest level since 2008 and represents the most substantial surge in three months. Coinciding with this development, [...]

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Top 10 BTC and ETH savings accounts for 2023

After Satoshi first envisioned the digital financial system, enthusiasts quickly found different ways to make money from it.  Bitcoin believers studied trading strategies, crypto mining processes, trading bots, and arbitraging — everything that could increase their crypto holdings. The rapid development of the industry offers the world some potential ways to earn, such as through […]

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How to set and achieve your financial goals

Set achievable financial objectives and use effective strategies to track progress and achieve success.

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DeFi Protocol Rolls Out “The Savings Vault”; Details

DeFi platform Phuture released its new yield-farming product called “USV” [USDC Savings Vault] promising “guaranteed” premium returns, thanks to its tie-up with another leading decentralized protocol Notional. According to information from Defi Llama, Notional has a total value locked [TVL] of $86.5 million. Investors can earn interest on their holdings by using USV, an ERC-4626 compliant vault, […]

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What are Crypto Savings Accounts | How Much is the Interest?

The difference between traditional and crypto savings accounts is the interest that the depositor receives.

The post What are Crypto Savings Accounts | How Much is the Interest? appeared first on BitPinas.

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Crypto Exchange Bit.com Establishes Toncoin Savings Product to Enhance TON Ecosystem

To enhance the growth of the TON community through the native token Toncoin, Singapore-based crypto exchange Bit.com has rolled out a savings product. (Read More)

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Breaking: Celsius Announces Important Update

Crypto Savings and borrowing companies like BlockFi and Celsius Network are coming under increased regulatory scrutiny. Covered: Celsius Announces Important Update What Exactly Does Accredited Investor Mean To Celsius? Current State And Future Of CeFi Celsius Announces Important Update Important Celsius Update for our Users in the United Stateshttps://t.co/pzU9MERJEZ — Celsius (@CelsiusNetwork) April 12, 2022 Celsius […]

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Crypto Exchange Bit.com Rolls Out Savings Product and USDT Margined Futures

Bit.com, a Singapore-based crypto exchange owned by Matrixport, has launched a new savings product and USDT margined futures to diversify the cryptocurrency options offered. (Read More)

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US Labor Dept warns of crypto risks in retirement plans

“Significant risks” — Cryptocurrencies have attracted the attention of U.S. legislators looking to decrease the exposure to digital assets in 401(k) retirement accounts.

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Celsius Appoints Rod Bolger As CFO Amid Regulatory Scrutiny

Crypto savings and lender Celsius has announced the successor to their ousted CFO, amid uncertainty over American crypto regulation. And he also worked for BOFA and CITI bank as a CFO. 20+ yrs in biggest banks in the world as a top guy now moving in to Celsius means it definitely something. — Berman (@CELindian) […]

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German savings banks want to enable Bitcoin for 50M clients: Report

According to the plan, 50 million savings bank customers would be able to buy Bitcoin directly from checking accounts. German savings banks are reportedly planning to allow customers to invest in major digital currencies like Bitcoin (BTC) and Ether (ETH) directly from checking accounts.Savings banks in German-speaking countries, also known as Sparkassen, are working on… More

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German Savings Banks Will Consider Crypto Trading for Customers

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German Savings Bank To Offer Bitcoin Trading: Report

The Sparkassen are centuries-old regional institutions with about 370 branches and 50 million customers.

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What Is VGX?

As far as exchange tokens go, none of them have the dedicated fanbase that VGX does. Find out why in our “What Is VGX?” guide. Covered: What is VGX What is the Voyager Loyalty Program Partnerships Tokenomics The Team Concerns What Is The Voyager Token (VGX) To start, Voyager is a one-stop shop for investors […]

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Reelected Miami mayor to take 401k retirement savings partly in Bitcoin

Miami Mayor Francis Suarez also receives a part of his salary in Bitcoin with the help of a third-party payment processor Strike.

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Nexo Finance Is Giving 100 Million Dollars Back To Its Community

Crypto savings company Nexo Finance announces massive buyback program We are launching a record $100M Buyback program as part of #Nexonomics! $100M worth of $NEXO Tokens will be repurchased and dedicated to strategic investments and other activities to ensure the stability and growth potential of our native token.https://t.co/2Y08mxIow0 — Nexo (@NexoFinance) November 15, 2021 Nexo Finance […]

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How To Use Celsius

Crypto savings accounts like Celsius are very unpopular with one particular group of people: politicians.  Why? Who knows. Maybe it’s the cozy relationships they enjoy with traditional finance, or they just straight-up hate you and want to keep you poor.  Ultimately it doesn’t matter why. What does matter is that if you believe that HODL’ing […]

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