Browsing Tag
Dai
36 posts
MakerDAO proposal eyes new DAI savings rate of 3.33%
MakerDAO is considering a proposal to raise the Dai savings rate (DSR). This follows the last change that…
MakerDAO’s new proposal to boost DAI savings rate to 3.33%
MakerDAO’s new proposal aims to increase DAI savings rate to 3.33%, potentially reshaping DeFi interest rates and attracting…
Bitcoin, Ethereum bears are back in control — Two derivative metrics suggest
Given the uncertainty in the macroeconomic environment, Bitcoin price bulls have no reason to bet against a six-week…
MakerDAO publishes 5-phase roadmap featuring funding for open-source AI projects
DAI stablecoin proprietor MakerDAO offered up an AI-heavy roadmap for the future with plans for a new blockchain.
DAI whales have added 6.4% of stablecoin’s supply since mid-March
DAI stablecoin holders are adding to positions as crypto prices range. Addresses with 100k-10 million DAI added 6.4%…
Investors accumulate DAI and other stablecoins amid BTC selloffs
Investors have begun augmenting their holdings in DAI and other top stablecoins amid the prevalent selloffs that have…
Stablecoin supply on cryptocurrency exchanges down 50% in 4 months
Glassnode data on Mar. 26 shows that the stablecoin supply on exchanges has more than halved to less than $24b…
Debtors saved over $100M using de-pegged stablecoins to repay loans
Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC and DAI de-pegged…
Circle’s USDC instability causes domino effect on DAI, USDD stablecoins
Following USDC’s depegging, three stablecoins — DAI, USDD and FRAX — also depegged from the U.S. dollar.
Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries
Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away…
