Stablecoin Issuer MakerDAO Votes to Retain USDC as Primary Reserve Even After Depeg
“Issuer diversification is one of the only immediate risk mitigation strategies MakerDAO can apply quickly in a rapidly deteriorating ...
Tag: MakerDAO
MakerDAO Weighs Using Emergency Switch to Prevent Future DAI Depegging
Under the proposal, the community would adopt an emergency switch that would pause peg-stability-module (PSM) swaps on its protocol, ...
MakerDAO Founder Calls for Rebranding of DAI Stablecoin
DAI, the fourth-largest stablecoin, with a market cap near $5 billion – and the only top stablecoin backed by ...
Stablecoin Issuer MakerDAO Proposes Additional $750M U.S. Treasury Purchase
The decentralized autonomous organization behind the DAI coin previously purchased $500 million worth of notes and bonds. Source ...
DeFi Giant MakerDAO Rejects $100M Stablecoin Loan to State-Chartered Regulated Bank Cogent Bank
Cogent Bank, a Florida-based, state-chartered bank with more than $1 billion in total assets, proposed borrowing up to $100 ...
Decentralized Finance Protocol MakerDAO Integrates Blockchain Data Provider Chainlink to Maintain DAI Stablecoin Stability
“The advancement of the technology backing stablecoins is a necessary component to unlock the future of finance,” said Johann ...
Decentralized Finance Giant MakerDAO to Introduce Spark Protocol, a Rival to the Aave Lending Protocol
The development of a dedicated lending protocol represents a shift in focus from MakerDAO, which has aligned its revenue ...
MakerDAO Contributors Propose First Native Liquidity Market Focused on DAI Stablecoin
The proposed Spark Protocol will leverage Maker’s DAI stablecoin and its crypto assets for liquidity, and would be based ...
MakerDAO Constitution Would Fund Sustainability Efforts With 20K MKR Tokens From Reserves, Emissions
On Twitter, in response to the 20,000 MKR being allocated to fight climate change, Moneysupply.eth, a risk analyst and ...
MakerDAO Approves Deployment of $100M USDC on DeFi Protocol Yearn Finance
The move may also boost Yearn’s dwindling user activity. The protocol’s total value locked (TVL), a popular indicator to ...
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