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MakerDAO expects $1.5M bad debt after FTX’s liquidity crisis!


MakerDAO, the largest decentralized finance protocol, has announced plans to liquidate heavily leveraged vaults to prevent excessive bad debt. They tweeted:   “Due to liquidations being previously disabled on the mentioned vault types, some positions accrued interest above their collateral value...

Best Crypto to Buy Today 23 November – CRV, D2T, LTC, TARO, DASH


The cryptocurrency market generally recovered on Wednesday and pushed its market cap to $860 billion. Litecoin price led the mid-week bear rally, in a move that brought its weekly cumulated gains to 37.4%. Dash also outperformed its peers with a 14.65% recovery. Although Curve DAO Token only...

DAO Maker and Trust Wallet sign campaign partnership


DAO Maker has informed the community of its launch partnership with Trust Wallet via an official blog post. As part of the collaboration, DAO Maker is a pleased launch partner for the Trust Wallet Browser Extension on Monday, November 21, 2022. Participants can be a part of the launch event...

MakerDAO launches LSD Token of Rocket Pool


MakerDAO, a DeFi protocol, has accepted the LSD token of Rocket Pool. This deal might elevate the competition for the giant Lido, MakerDAO. Users can use the token, rETH, to mint the stablecoin of Maker’s DAI. A well-known portal of MakerDAO, the Oasis.app, would also support rETH. With the help...

Investment DAOs: What Are They & How Do They Work?


For a long time, venture capital has dominated startup funding, but that is slowly changing. Although the crypto industry is still at a nascent stage, a new funding approach is taking root, thanks to this new world. Investment DAOs are making it possible for anyone to invest in crypto projects...

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