The Gnosis Chain community is reconsidering gas tokens due to USDS’s centralization concerns. Chainlink’s CCIP and Automation now operate on Gnosis, boosting blockchain development. The Gnosis Chain community is at…
Browsing: MakerDAO
MakerDAO polls were approved, initiating LITE-PSM-USDC-A Phase 1 and the Morpho market for Pendle PT tokens. Karak Network announces native staking for MKR tokens and a focus on NewGovToken. In…
MakerDAO’s Spark announced a $1 billion Tokenization Grand Prix to boost real-world asset onboarding. MakerDAO’s quarterly revenue hit an all-time high, surpassing $85 million, fueling investor confidence. Maker (MKR) has…
Rune Christensen’s vision led to the creation of MakerDAO and the DAI stablecoin, emphasizing security and stability. The “Endgame Plan” aims to fully decentralize MakerDAO, transitioning DAI to a free-floating…
MakerDAO founder Rune Christensen has revealed that Endgame, a new plan for governance, decentralization, and stability, will launch in the summer of this year. Christensen also announced that the Endgame…
The plan involves lending out DAI against fiat assets and accumulating ETH but the end goal is to turn the stablecoin into a free-floating asset. The MakerDAO community members have…
The MakerDAO community has objected to a Terra-like move of backing a large majority of DAI with Ether (ETH). Ethereum co-founder Vitalik Buterin called it a very risky idea after…
The high uncertainty in the crypto market has forced the Maker protocol to look at traditional investment options. The Maker protocol noted that the investment in U.S. securities and bonds…
UST’s collapse shed a bad light on the algorithmic stablecoin industry, but one project that seems to have become even stronger is DAI, now the biggest algorithmic stablecoin. MKR, the…
The MakerDAO Governance has voted to accept Bitcoin as a new Collateralised Debt Position in the Maker protocol and thus on the Ethereum blockchain. wBTC is the first ERC20 token…
The Maker Foundation has proposed a change in its protocol to reduce the stability fee for DAI and Sai to zero. Moreover, the proposal also considers that DAI holders should…
Forbes published a list of the 50 most innovative Fintech companies of 2020. Ripple, Coinbase, Chainalysis and MakerDAO are on the list. MakerDAO enters the Forbes list for the first…
A software developer has drawn attention to a “loophole” in the MakerDAO system which describes a theft of all 340 million ethereum (ETH) currently stored in the system. In response,…