TechFlow reports that the DEX aggregator 1inch Network community has initiated voting on proposal 1IP-41, noting that MakerDAO recently increased its DAI Savings Rate (DSR) from 1% to 3.49%, and at the time of writing, the DSR stands at 5%.
Therefore, the proposal suggests converting 1 million USDC from the 1inch DAO treasury into DAI and depositing it into MakerDAO's DSR to earn interest.
The proposal currently has a support rate of 97.16%, with voting scheduled to end on September 11.
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