Justin Sun has once again mortgaged stETH to mint 50 million DAI and deposited it into DSR, with the cumulative deposit ratio exceeding 15%.

According to BlockBeats news on August 11, EmberCN reported that Justin Sun had once again staked 50 million DAI through two addresses by using stETH, which were then deposited into DSR (Dai Savings Rate) to earn the current deposit interest rate of 8%. Currently, JustinSun has staked a total of 231,116 stETH (equivalent to approximately 428 million US dollars) and minted 175.8 million DAI, which were also deposited into DSR. Data shows that the total TVL of DSR is currently approximately 1.17 billion US dollars, and JustinSun's deposits account for more than 15%.