Aave community initiates a temperature check proposal to integrate MakerDAO’s DSR into Aave V3 Ethereum pool.

Aave community proposes integrating MakerDAO's DSR into Aave V3 Ethereum pool.

The Aave community has initiated a temperature check proposal to integrate MakerDAO’s DSR into the Aave V3 Ethereum pool. The proposal suggests integrating MakerDAO’s DAI Savings Rate (DSR) into the Aave V3 ETH pool by integrating sDAI (an ERC-4626 Vault Token that includes DSR earnings) into the Aave protocol.
DSR is a variable rate set by MakerDAO governance that allows DAI holders to earn savings by locking their DAI in the DSR contract. Recently, MakerDAO governance proposed to increase the DSR rate to 3.49%. By integrating DSR into Aave through sDAI, Aave liquidity providers can benefit from the DSR rate without having to pay additional fees to Aave DAI borrowers.

Reference: https://governance.aave.com/t/temp-check-integrating-makerdaos-dsr-into-aave-v3-ethereum-pool/13360

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