Enhanced DAI Savings Rate (EDSR) product
Overview
The Enhanced DAI Savings Rate (EDSR) was a temporary feature of Spark Protocol that offered an additional yield boost on top of the standard DAI Savings Rate (DSR) for DAI deposits. It was designed to incentivize liquidity in the protocol. The EDSR was gradually reduced and eventually removed as market conditions normalized.
Within the DeFi Intel graph, Enhanced DAI Savings Rate (EDSR) connects to 1 tracked entity, most strongly to MakerDAO.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
launched | MakerDAO | 85% |
Frequently asked questions
What is the Enhanced DAI Savings Rate (EDSR)?
The Enhanced DAI Savings Rate (EDSR) was a temporary feature of Spark Protocol that offered an additional yield boost on top of the standard DAI Savings Rate (DSR) for DAI deposits.
Why was the EDSR created?
The EDSR was designed to incentivize liquidity in the Spark Protocol.
What happened to the EDSR over time?
The EDSR was gradually reduced and eventually removed as market conditions normalized.