Cryptocurrency derivatives service provider IPOR Labs has introduced EDSR to its DAI liquidity pool.

According to official sources on BlockBeats news on August 9th, IPOR Labs, a provider of on-chain interest rate derivatives services, has incorporated an 8% Enhanced Dai Savings Rate (EDSR) into its IPOR DAI asset management contract. The DAI liquidity pool now offers an EDSR yield of 8%. MakerDAO officially launched EDSR on August 7th, Beijing time. This is a temporary system that increases the effective DSR available to users during the early guidance phase when DSR utilization is low.