Proposal by GnosisDAO suggests depositing 25 million xDAI into DSR on Gnosis Chain.

According to BlockBeats news on June 23rd, the GnosisDAO community has initiated a new proposal to deposit 25 million xDAI on Gnosis Chain into the Dai Savings Rate (DSR). Gnosis Chain users can use xDAI to mint GC sDAI and accumulate DSR savings. In theory, the DSR yield on Gnosis Chain is always higher than on the Ethereum mainnet, as interest rate balance can only be achieved when all xDAI is pledged. BlockBeats note: DSR is a variable rate set by MakerDAO governance, allowing DAI holders to earn savings by locking their DAI in the DSR contract.