MakerDAO Is The Most Expensive DeFi Protocol To Run, Requires Millions

MakerDAO, a decentralized money market on Ethereum for users to borrow and lend assets, including ETH, spends $27.66 million annually to keep the protocol running, DeFiLlama data on May 31 shows. This sum of money is utilized to cover expenses such as taking care of the 97 individuals responsible for maintaining the lending and borrowing protocol […]

View full article at Bitcoinist

Background Photo by André François McKenzie on Unsplash

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