The introduction of the Enhanced Dai Savings Rate has managed to partially counteract the decline in the token's market value that had been observed.
The circulation of Maker's DAI stablecoin has decreased by 33% in the past year
As per the blockchain data, the lending platform is well-positioned to eliminate approximately $7 million worth of MKR governance tokens from the market in the coming month.
The R stablecoin derives its value from a single crypto asset, specifically the staked ether (stETH) provided by Lido, a prominent leader in liquid staking.
The protocol's community decided to incorporate a new real-world asset vault, which would allocate funds to invest in U.S. Treasury bonds, up to the specified additional amount.
Big gaming companies are aiming to promote the adoption of blockchain gaming in general and don't want to 'alter that policy,' despite opposition from others.
As part of the deal, Square Enix will join companies like Sega, Double Jump, Bandai Namco, and Ubisoft in making games for the Oasys PoS network.