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Makerdao Considers Significant DAI Savings Rate Hike: 3.3% on the Horizon, If Vote Passes
28.5.2023
The Makerdao collective is currently immersed in a discussion about the potential rise of the DAI stablecoin’s savings rate to 3.3%. This suggestion was introduced by Block Analitica and revealed to the community on May 26 under the title “Stability Scope Parameter Changes #2.”...
MakerDAO proposal seeks to hike DAI savings rate to 3.33%
27.5.2023
The DAI savings rate was previously increased to 1% in December 2022, and led to 35 million DAI being deposited in the span of a month, according to MakerDAO
Justin Sun Moves $4.3M of MakerDAO's Tokens to Binance: Blockchain Data
23.5.2023
Tron founder Justin Sun’s potential sale of MakerDAO’s token – movements of tokens to an exchange often come before sales – coincide with the DeFi protocol’s controversial restructuring
Bakkt Mass Delists Tokens Including Aave, Avalanche, Compound, Filecoin, MakerDAO and Uniswap
12.5.2023
Intercontinental Exchange-owned Bakkt discontinued its consumer-facing app in February as it shifts away from retail
MakerDAO Founder Proposes Plan for Upgraded Versions of DAI Stablecoin, Governance Token
12.5.2023
Rune Christensen also proposed to incorporate artificial intelligence-assisted processes into Maker’s governance
MakerDAO publishes 5-phase roadmap featuring funding for open-source AI projects
12.5.2023
DAI stablecoin proprietor MakerDAO offered up an AI-heavy roadmap for the future with plans for a new blockchain
Today in Crypto: Bank of Canada Opens Public CBDC Consultation, Solana' Saga Phone Available for Orders, 32% of Family Offices Investment in Digital Assets, Binance NFT to Support Bitcoin Ordinals
9.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bank of Canada Opens Public CBDC Consultation, Solana' Saga Phone Available for Orders, 32% of Family...
MakerDAO launches Spark Protocol, a new DeFi lending solution for DAI users
8.5.2023
The initial iteration of the Spark Protocol will function as a lending platform, offering supply and borrow functionalities for cryptocurrencies ETH, stETH, DAI, and sDAI
Blockchain and crypto leaders converged at DAO Tokyo as Japan increases adoption
25.4.2023
Japan has taken strides of late to adopt and integrate decentralized technologies within both government and businesses
Crypto Lending Protocol MakerDAO Approves Transferring a Maximum of $500M in USDC to Coinbase Custody for 2.6% Yield
20.4.2023
The maneuver is part of MakerDAO’s earlier decision to move up to $1.6 billion of USDC stablecoins to Coinbase’s custody arm
With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021
16.4.2023
Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 billion, marking the lowest number of BUSD in circulation since April 2021. Furthermore, data indicates that the supply of BUSD has shrunk by 19.8%...
Uniswap funds DAO incentive improvement project
11.4.2023
The project will provide at least three proposals for Uniswap incentive mechanisms by June
Next Generation DeFi Platform M^ZERO Emerges from Stealth with $22.5M Funding Round
5.4.2023
The initial round was led by Pantera Capital, and included the Scaramucci family-linked SALT Fund, and Mouro Capital, the venture capital connected to the Santander Group
CFTC allegations and $1 billion lawsuit for Binance: Law Decoded, March 27–April 3
3.4.2023
Five days after the CFTC move, a new $1 billion lawsuit was filed against the crypto exchange by the law firm representing three American investors
Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March
2.4.2023
The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido Finance, Aave, and Justlend recorded double-digit...
MakerDAO passes new 'constitution' to formalize governance process
27.3.2023
The document creates multiple offices tasked with fulfilling various jobs for the protocol, each with their own powers and responsibilities
Lending Platform MakerDAO Approves ‘Constitution,’ Moves Forward With ‘Endgame’ Plan
27.3.2023
The approved proposal aims to set a new foundation for the largest decentralized lending protocol’s major restructuring called “Endgame.”
Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply
26.3.2023
According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across the entire crypto market. In the last two weeks since March 11, 7.06 billion USDC...
Stablecoin Issuer MakerDAO Votes to Retain USDC as Primary Reserve Even After Depeg
23.3.2023
The decision follows a turbulent period during which USDC temporarily lost its dollar peg when key banking partner SVB collapsed
MakerDAO passes proposal for $750M increase in US Treasury investments
16.3.2023
The emergency proposal increases MakerDAO’s holdings of United States bonds by 150%, aiming to diversify the Dai stablecoin’s collateral exposure