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Mine Bitcoin in a Fun Mobile Adventure

Exploring Bitcoin Miner: The Pixelated Path to Satoshis In the ever-evolving landscape of mobile gaming, few concepts have captured the imagination quite like the intersection of gaming and cryptocurrency. Among the plethora of mobile games that promise Bitcoin rewards, Bitcoin Miner stands out as a fascinating embodiment of this trend. This game offers players the opportunity to mine fake cryptocurrency while allowing them to cash out real Bitcoin—an intriguing concept that has garnered significant attention since its recent updates. A Brief History of Bitcoin Miner Originally launched several years ago, Bitcoin Miner struggled to make an impact in the gaming community. However, the introduction of real Bitcoin earnings transformed the game's fate. Developer : Fumb Games Initial Launch : Several years ago without Bitcoin earnings Revamp : Implemented the ability to earn and cash out satoshis, leading to a surge in downloads Gameplay Mechanics: Idle Clicker Fun Bit...

Maker Protocol's Annualized Revenue Surges to All-Time High: Tokenized RWAs and Attractive Yields Drive Growth

Stablecoin issuer Maker Protocol has experienced a significant surge in annualized revenue, reaching a new all-time high of $203 million. This impressive growth can be attributed to several factors, including increased deposits of tokenized real-world assets (RWAs) and higher yields for DAI holders.

Tokenized RWAs are crypto tokens that are backed by physical or real-world financial assets such as stocks, government bonds, real estate, or art. MakerDAO, the organization behind the Maker Protocol, has seen its RWA deposits soar past $3 billion, accounting for 42.7% of the protocol's total deposits. This influx of RWAs has been instrumental in driving revenue growth.

Two specific vaults, Monetalis Clydesdale and BlockTower Andromeda, which purchase short-dated United States Treasury notes, make up more than three quarters of the RWA deposits within the Maker Protocol. The increase in U.S. treasury yields this year, resulting from higher benchmark interest rates set by the Federal Reserve, has played a significant role in boosting the protocol's revenue.

Furthermore, DAI holders have also benefited from increased yields through the DAI Savings Rate (DSR) mechanism via the Spark Protocol. The DSR generates yields for DAI holders by utilizing the protocol fees paid by users who deposit assets into Maker to mint new DAI. Currently, the DAI deposited into the Spark Protocol, represented as sDAI, accounts for 31.3% of DAI's total supply, amounting to $1.7 billion.

Overall, Maker Protocol's impressive surge in annualized revenue showcases the success of its focus on tokenized RWAs and attractive yields for DAI holders. As the protocol continues to attract more collateral and benefit from increased treasury yields, it is well-positioned for continued growth and success in the stablecoin market.

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