TechFlow news — On June 17, MakerDAO announced that it will raise the DAI Savings Rate (DSR) from 1% to 3.49% at 22:00 Beijing time on June 19. Once DAI holders opt in, they will receive a consistent return regardless of deposit size, funded by the surplus continuously generated by the Maker protocol. The annual yield rate for DSR is determined through voting and implemented and adjusted by Maker governance participants.
In addition, MakerDAO will launch a new vault type called "BlockTower Andromeda (RWA015-A)", which allows purchasing up to $1.28 billion in U.S. Treasury bonds as reserves.
In an executed governance proposal vote, the MakerDAO community has approved several measures, including changing the debt ceiling for the BlockTower RWA vault, adjusting multiple risk parameters, and reducing the USDP PSM debt ceiling to 0 DAI.
