MakerDAO new proposal: Raise the annual savings rate of DAI to a maximum of 1%

ChainCatcher news, the MakerDAO community initiated a new proposal on Monday. Due to the aggressive interest rate hikes by the Federal Reserve, yields in traditional markets have risen significantly, exacerbating the outflow of funds from DeFi. It is proposed to raise the DAI savings rate, with options to increase it to 1%, 0.75%, 0.5%, 0.25%, or maintain the current rate of 0.01%. Members will rank their choices and vote before December 1st. As of now, the voting results show that 100% of users have chosen 1%. (source link)