The 1inch community initiated a proposal vote to "exchange 1 million USDC for DAI and stake it in MakerDAO to earn interest."

2023-09-06 11:47:53
Collection

ChainCatcher message, the DEX aggregator 1inch Network community initiated the 1IP-41 proposal vote, stating that MakerDAO recently raised its DAI Savings Rate (DSR) from 1% to 3.49%. At the time of writing this proposal, the DSR is 5%. The proposal suggests exchanging 1 million USDC in the 1inch DAO for DAI and then staking it in the MakerDAO DSR to earn interest. The current support rate for this proposal is 97.16%, and the voting will end on September 11.

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