In the cryptocurrency world, some wallet addresses stand out due to the significant assets they have. Among the largest holders of the decentralized stablecoin DAI, there are two addresses that have caught the attention of the crypto community. These wallets play a unique role in the ecosystem, contributing significantly to MakerDAO’s annual revenue.
Dominant EOA address and crypto world
The largest holder of DAI is an External Ownership Account (EOA) address where individuals deposit funds to obtain governance tokens of the primary Univ2 fork on Pulsechain. This address has already processed transactions. However, it is important to note that this is not a proximity address. Currently, 278 million cryptocurrency DAI is sitting idle in this wallet. Moreover, it does not appear to be under the control of a single institution or organization.
The biggest holder of DAI is an EOA address where people just sent money to get gov tokens of the main univ2 fork on pulsechain
Address has executed txs before, so it isnt a burn addy, 278M is just sitting there in someone's wallet
and tokenholders have no claim over it pic.twitter.com/0f9WpmOdYt
— 0xngmi (@0xngmi) September 14, 2023
What is interesting is that cryptocurrency holders have no claim on these assets. Additionally, this adds an extra layer of complexity to the issue.
Second address and Pulsechain
The second prominent address in the DAI world is closely related to Pulsechain’s sacrifice wallet. Similar to the first address, it holds a significant amount of tokens, specifically Chain tokens rather than cryptocurrency DEX tokens. This address represents a major player in the Pulsechain ecosystem. On the other hand, millions are at stake for MakerDAO. The combined assets of these two addresses play a crucial role in MakerDAO’s financial ecosystem. Through various mechanisms, they contribute to a significant revenue stream of approximately 21.6 million DAI annually. This impressive figure highlights the influence of large-scale token holders on decentralized finance platforms like MakerDAO.
When we look at Kriptokoin.com, these two addresses, one of which acts as a repository for governance tokens and the other is connected to the sacrifice phase of Pulsechain, hold a significant amount of DAI. Their significant holdings not only make them notable figures in the crypto world. It also highlights the financial impact they have. Income generated from these assets underscores the importance of large-scale token holders in the MakerDAO ecosystem. It also shows how they play a vital role in its continued success.
Huge income in the crypto world
According to on-chain data, there is an EOA wallet linked to PulseX that has the largest amount of DAI with a total of 278 million DAI. The second largest DAI holder is another similar wallet with 153 million DAI. These two wallets together hold a total of 430 million DAI. On the other hand, this represents approximately 11.3% of the total DAI supply. Thanks to passive stablecoin yield, these wallets have the potential to generate $21.6 million in annual revenue.
In essence, these wallets connected to the PulseX ecosystem attract attention. DAI holds a significant portion of the cryptocurrency. They can also contribute to their financial gains by earning significant annual income through passive income opportunities.
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