Assessment: Zero interest does not seem sufficient to stabilize DAI.

2020-9-9 03:14
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Cointelebrises announced analytical chapter on March 8 to over Makerdao (MKR) control of the assembly to 0% or more unless eth. According to Dainistats, USDC-A, WBTC and other interest rates have returned to those who borrow the assets of assets of this resource. Reduce interest rates often considered the opportunity to support hung designs, and people think that the decorating fee should be reduced to $ 1 1. However, the cost of hanging is $ 1.03 And the cost need is deviated. This sentence describes growth because of improvement in the hung up, but most of the new equipment is supplied. The hung and USD has reason to lose by the beginning of September. If Eth and other encryption call on September 3, the product of hanging is rejected and rate. The description is for this is because of the significant amount to be flossed to buy excessive mortgage, because of the amount of money and responsibilities can be completed into a steady currency. Most of the MKR is because of the dispute is the conflict of the desires of the community to reduce the benefits of the community. Recently, the results cancellation should be coding the community of 0%. Maker is not found interest in a pulling rate to reduce the amount for $ 1. some information based on the talentals to set up a negative value . However, the community looks like no crossing this line.

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MakerDAO strategy to set interest rates on most assets above 0%, DAI exchange rate volatility
According to the September 8 Cointelegraph, the MakerDAO (MKR) policy was adopted to resume interest rates on most assets, except ETH, above 0%, according to Cointelegraph. According to data from Daistats, interest rates on USDC-A, WBTC and other small banks are currently recovering by 2%. This means that the contract will reuse these assets as income for DAI borrowers. In general, lowering interest rates is seen as a way to support DAI formation, and people think DAI value should be below the $ 1 target. According to the press release, the DAI is priced at $ 1.03, nowhere near the expected price.
2020-9-9 03:14