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Despite yETH returns of 2%, Yearn pushes forward with WBTC Vault
18.9.2020
Yearn Finance has submitted a Maker Improvement Proposal for its forthcoming WBTC Vault, suggesting it will launch in the not-to-distant future
‘No Other Option but More Collateral’: The Short- (and Long-) Term Fixes for Dai’s Broken Peg
11.9.2020
Stablecoin demand in yield farming is breaking dai's peg. Solutions revolve around USDC and Maker's version of QE, but will these measures last?
DAI Appears Intraday Bullish and Retains Strong Support
11.9.2020
DAI—the US Dollar pegged investment crypto is a stable coin and will always have its movement around $1, and, in this regard, it is currently trading at $1.031 with a comparatively bullish intraday on the 24-hour chart. With this, one of the most profit-making stable coins is already breaching...
Maker seemingly gives up on Dai peg as interest rates are raised above 0%
8.9.2020
It seems zero interest rates were not enough to keep DAI stable
Yearn Finance Vault Users Lock $139M: Farmers Claim Collateralized ETH Gathers 90% APY
4.9.2020
On September 3, 2020, the well known Yearn Finance defi project “paused” the popular ethereum liquidity vault (yETH) service, after locking in a significant $139 million. Yearn’s vault feature launched on Wednesday, and saw $100 million deposited on the first day. The vault hype...
$16B Worth of Dollar-Pegged Cryptos: Stablecoins Add $100M a Day Since Mid-July
4.9.2020
Stablecoins have been gathering a lot of steam and settling massive value in recent months. Moreover, on Thursday, Coin Metrics’ executive Nic Carter mentioned on Twitter that “stablecoins have been adding $100 [million per day] since mid-July. While a number of dollar-pegged...
Maker community thanks yEarn for seemingly restoring DAI peg
3.9.2020
A massive yield farming strategy finally provides a mechanism to push the DAI price down
Money Market Protocol Aave Settles $300 Million in Defi Flash Loans
2.9.2020
This weekend the decentralized money market protocol Aave broke records as the community witnessed a massive flash loan of $14 million worth of the stablecoin DAI. So far, the Aave protocol has seen over $300 million in flash loans to-date and this trend doesn’t seem to be abating any time...
DAI—Being Stable in Nature is Trading with No Extremities
29.8.2020
DAI—a centralized and collaterally backed crypto on the Maker’s protocol is now one of the most lucrative investments amongst the market’s top 50 cryptos. In this regard, it was just two days back when Maker Foundation held an Internal Hackathon to come up with great new solutions for Dai....
Compound governance proposal seeks to end COMP yield farming craze
26.8.2020
A Compound proposal could put a major dent in the profits for all yield farmers
Aave Protocol Outpaces Maker With $1.4B Locked, Defi Project Granted UK Electronic Money License
26.8.2020
The decentralized finance (defi) open-source protocol built on Ethereum, Aave, has surpassed the Maker Dao project in terms of total-value-locked (TVL) this week. The lending and borrowing platform Aave has $1.43 billion locked on Tuesday climbing 7.7% in the last 24-hours. On August 25, the defi...
Yearn Finance Token Jumps 270% in 5 Days – Defi Token YFI Worth More Than a Single Bitcoin
20.8.2020
Decentralized finance (defi) continues to make waves this week, as the Yearn Finance project token (YFI) jumped over 270% during the last five days. The digital token is worth more per coin than the price of bitcoin today, as the asset is currently trading for $15,934 per YFI. It’s very rare...
Binance Launches DeFi Staking With Cryptos Kava and Dai
20.8.2020
Users of crypto exchange Binance can now earn interest on Dai and Kava as the exchange's decentralized finance (DeFi) staking platform goes live
Ross Ulbricht Uses Snail Mail to Send Correction for Blog Post on MakerDAO
13.8.2020
Getting all the facts right is hard, especially when you don’t have internet access
Network Effect at Risk? Why 50% of DAI Locked in Compound Is a Concern
12.8.2020
New data shows more than 50% of DAI is locked in Compound and this raises concerns about DAI’s long term prospects
Lumi Wallet Web Widget: Cryptocurrency Exchange on Your Website
7.8.2020
Good news for those who want to upgrade their website with functional tools and features – on August 5st, Lumi Wallet Technologies launched its app web widget. Now everyone can easily embed a “mini digital wallet” into the body of their website. The Lumi Wallet Widget is a useful...
Dai Supply Hits New Highs as Efforts to Restore Peg See Limited Success
31.7.2020
The total supply for DAI tripled since June as the community keeps raising the supply limits to bring the peg down to $1
DAI Rewards, Bitcoin Futures Record, Blockchain Park + More News
30.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Coinbase has launched a rewards program for customers holding Maker's DAI stablecoin. To be eligible, users with a verified identity...
Coinbase Offers DAI Holders 2% Interest
30.7.2020
Coinbase is offering crypto customers 2% interest for their Dai holdings
Coinbase Now Offers 2% Rewards on Dai Stablecoin Accounts
29.7.2020
The program applies to customers residing in the U.S., U.K., The Netherlands, Spain, France and Australia