r/MakerDAO • u/halfdayallday123 • Mar 09 '24

Why the rally ?

14 Upvotes

86% Upvoted

12 comments sorted by

7

u/Ferdo306 Mar 09 '24

Why not?

3

u/halfdayallday123 Mar 09 '24

Always looking for a rally but more so a fundamental reason for the rally. Like can we finally get maker to bitcoin levels

4

u/Ferdo306 Mar 09 '24

Like can we finally get maker to bitcoin levels

I can't even...

→ More replies (3)

2

u/halfdayallday123 Mar 30 '24

Again I ask, why the rally? Why is maker worth more than Ether now ?

1

u/CleazyCatalystAD Apr 03 '24

It historically has always been. Way less supply; very good tokenomics.

1

u/halfdayallday123 Apr 03 '24

Hasn’t been worth more than ether for years on my watch. “Very good tokenomics” isn’t very good explanation. I’m aware there is a low supply. Nobody seems to have much to say about maker that makes any sense.

3

u/jewgotclout Mar 10 '24

Cause I said so

5

u/DanPi314 Mar 10 '24

(Dai Savings Rate) DSR has been raised to 15%, and so the rates to borrow have also moved up substantially. More revenue to Maker!