Browsing Tag
MakerDAO
32 posts
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.
Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment
The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model.
Lido overtakes MakerDAO and now has the highest TVL in DeFi
A Nansen in December noted that Ether staking solutions had been in high demand since Ethereum’s shift to…
5 altcoin projects that made a real difference in 2022
2022 was tough on crypto prices, but ETH, LDO, MATIC, DAI and ATOM all made a positive impact…
MakerDAO co-founder Nikolai Mushegian dies at 29 in Puerto Rico
Mushegian was an important figure in the crypto community, contributing to multiple projects, including MakerDAO, BitShares and Balancer.
Compound pauses 4 tokens to avoid price manipulation: Finance Redefined
The last week of October turned bearish for the DeFi market despite the string of hacks, as the…
MakerDAO goes ahead with $500M investment in treasuries and bonds
$500 million of the funds currently collateralizing the Dai stablecoin will be reallocated to U.S. Treasurys and corporate…
MakerDAO’s Christensen Pushes “Endgame Plan” to Save DAI From Attack
The proposal addresses Rune Christensens previous concerns about authoritarian risks to MakerDAO protocol and the amount of USDC…
MakerDAO co-founder recommends DAI-USD depegging to limit attack surface
While revealing the protocol’s inability to comply with regulators, Christensen suggested that “we must choose the path of…
