MakerDAO founder proposed to adjust EDSR to ensure the interests of regular DAI holders

Odaily Planet Daily News MakerDAO founder Rune issued a proposal on the governance forum. He said that within 48 hours since the release of EDSR, the supply of DAI has increased by nearly 500 million, and the DSR utilization rate is close to the 20% threshold, which will automatically reduce EDSR to About 5.8%. This means that the market can balance itself and absorb excess returns. The proposal points out that the current EDSR structure is biased towards ETH and large ETH pledgers. In order to ensure the interests of regular DAI holders, the proposal proposes to reduce the maximum value of EDSR from 8% to 5%, increase the borrowing rate to make it equal to EDSR, and avoid large-scale loan arbitrage.