Bi-Weekly Recap — Aug. 22nd to Sep.2nd

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:

1. Marketing and business growth.
2. 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