The Week in Dai: a Maker Interest Rate Hike, Fat Loans & a DeFi Bridge

The Maker team’s popular Dai token is facing no shortage of intrigue this week, as activity around the stablecoin is swirling in more ways than one.

Fresh up is the implementation of the latest interest rate hike on MakerDAO collateralized debt positions, with the rate, the so-called Dai Stability Fee, now being set at 18.5 percent annually.

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