Bi-Weekly Recap — Aug. 22nd to Sep.2nd
Published in
Sep 7, 2022
In the past few weeks, the individual user purchase portal for MakerDAO went live, providing MakerDAO users a safety option while earning yield. As usual, biweekly report comes again with progress shown in two categories:
- Marketing and business growth.
- Product development.
Marketing and business growth
In the past week, MakerDAO coverage portal was deployed, users can get protected at a low rate of 0.04% on a weekly basis.
Reserve is currently earning around 34% APR with 14% APR USDC earning and 20% APR TIDAL earning. The current activated plans include a total coverage of 0.6 million.
Product development
- MakerDAO coverage pool is open for deposit
- Completed weekly rewards for USDC reserve pool
