TechFlow reports on August 7 that according to makerburn, MakerDAO's DAI Savings Rate (DSR) has been adjusted to 8%, with a total of 404 million DAI deposited—over 64 million DAI added within one day. According to on-chain analyst Yujin, a whale yesterday sold 5,640 ETH for 10.32 million DAI (average sale price $1,830), then collateralized 5,400 wstETH ($11.2M) to borrow 4 million DAI. The whale subsequently deposited the total 14.32 million DAI into MakerDAO to earn the current 8% APY.
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