Due to the recent collapse of Silicon Valley bank and the resulting increase in market uncertainty, @MIM_Spell has decided to in
12 Mar 2023, 15:27
1/🧙🏼♂️!
Due to the recent collapse of Silicon Valley bank and the resulting increase in market uncertainty, @MIM_Spell has decided to increase the interest rate for yvDAI collateral positions from 1.75% to 3%.
This is to adapt to the volatility and risk across $USDC and $DAI.🔥