MakerDAO [MKR]: Will DAI adoption improve with new protocol?

MakerDAO [MKR]: Will DAI adoption improve with new protocol?


AMB Crypto
2023-02-24 01:30:47

MakerDAO’s new protocol could help improve DAI adoption. Selling pressure on MKR increased as MVRV ratio rose. Messari, in a 22 February tweet, announced the launch of MakerDAO’s new vertically integrated market, called Sparks Lend. The market will primarily be aimed at improving DAI adoption. 1/ The success of @MakerDAO's stablecoin $DAI has largely been