MakerDAO DAI Savings Rate

The MakerDAO DAI Savings Rate (DSR) is an interest rate paid to holders of the DAI stablecoin for locking their DAI into smart contracts. It was introduced as a way to incentivize users to hold DAI, thereby helping to maintain its stability and peg to the US dollar.

The interest rate is determined by the MakerDAO community through governance votes and is paid out from the stability fees collected from borrowers who generate DAI by locking up collateral.

MakerDAO DSR metrics:

• makerdao_dsr_deposits - Amount of DAI deposited into the smart contract
• makerdao_dsr_withdrawals - Amount of DAI withdrawn from the smart contract
• makerdao_dsr_total_supplied - Total supply of DAI in the smart contract
• mcd_dsr - Interest rate paid to DAI deposited in the DSR contract

Restricted Access

Amount of DAI

mcd_dsr - percentage

Timeseries Data

Five-minute Intervals

On-Chain Latency

Available for multi-collateral-dai

Deposit and withdraw metrics: makerdao_dsr_deposits and makerdao_dsr_withdrawals

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{
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  getMetric(metric: "makerdao_dsr_deposits"){
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    timeseriesDataJson(
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      slug: "multi-collateral-dai"
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      from: "2024-03-01T00:00:00Z"
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      to: "2024-03-03T00:00:00Z"
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      interval: "5m")
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  }
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}

Total supplied metric: makerdao_dsr_total_supplied

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{
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  getMetric(metric: "makerdao_dsr_total_supplied"){
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    timeseriesDataJson(
4
      slug: "multi-collateral-dai"
5
      from: "2024-03-01T00:00:00Z"
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      to: "2024-03-03T00:00:00Z"
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      interval: "5m")
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  }
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}

MakerDAO DAI savings rate metric: mcd_dsr

1
{
2
  getMetric(metric: "mcd_dsr"){
3
    timeseriesDataJson(
4
      slug: "multi-collateral-dai"
5
      from: "2024-03-01T00:00:00Z"
6
      to: "2024-03-03T00:00:00Z"
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      interval: "1d")
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  }
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}