🏦MakerDAO Could Boost DAI Savings Rate to 8%

Together with

GM Defiers!

MakerDAO's MKR token has broken the $1,000 mark for the first time since October 2022. Meanwhile, Layer 1 blockchain Avalanche is betting on asset tokenization with a $50 million incentive scheme.

However, it's not all sunny in DeFi, as we dissect the aftermath of the recent exploits on Conic Finance, a painful reminder of the inherent risks that come with the quest for high yields.

✍️ In today’s newsletter:

Rune proposes a temporary increase to the DSR to boost growth
Avalanche launches $50M fund to purchase tokenized RWAs
Conic Finance exploited for $4M

🎬 WATCH

Watch our video on the Worldcoin controversy. And check out our podcast with Nicolas Liochon, Global Lead for Linea, which is a new zkEVM rollup by Consensys.

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