Since June 12, 2022, the Tron-based stablecoin USDD has remained below a U.S. dollar in value. On Monday, USDD had a 24-hour trading range of around $0.943 to $0.966 per unit and the day prior on June...
Tag: DAO
TRON DAO Reserve Buys 10M USDD In An Effort To Stop Its Stablecoin From Depegging
– Advertisement – TRON DAO Reserve acquired 10m of TRON stable coin USDD to protect the blockchain and crypto industry. Justin Sun and the TRON DAO Reserve have just announced that they ...
Solend DAO is Increasing Voting Time and Invalidating SLND1
Solend DAO has undergone quick modifications in recent months. Despite introducing SLND1 fairly recently, the project received harsh criticism from its users. The venture has decided to address the co...
How a DAO for a bank or financial institution will look like
DAOs can provide several services for banks, including asset management, compliance and lending. Banks today are already using blockchain technology for things like payment, clearing and settlement, t...
Decentraland DAO votes to give Decentral Games $1 million grant
A Decentral Games (DG) proposal to the Decentraland metaverse platform’s DAO for a $1 million grant to support its liquidity pool was approved on Thursday evening. The grant is more than four times la...
No, USDD Is Not De-pegged Below $0.97, Tron DAO Insists
Vladislav Sopov TronDAO representatives made things clear, as USDD price on exchanges is plummeting again Contents No, USDD is not de-pegged Collaborations with CEXes and DEXes are in sight TronDAO sh...
Decentraland DAO Issues $1 Million in MANA to Support ICE Liquidity
Vladislav Sopov Decentral Games, a mainstream play-to-earn ecosystem, receives $1 million grant ahead of major update Contents Decentral Games receives $1 million grant in MANA Sit-and-go tournament m...
Lido DAO Brings Forward Governance Transition Proposal
The Decentralised Autonomous Organisation (DAO) that administers Lido, and is the largest provider of staking services for Ethereum (ETH), has recently put forward a transition of its governing system...
USDD Still De-pegged Despite Tron DAO Reserve Injecting Billions Into It – Is This The End?
– Advertisement – Tron’s USDD Stablecoin is still below the desired 1:1 ratio with the USD despite Justin Sun trying to stabilize it. A few days ago, Tron’s stablecoin, USDD, experienced...
Merit Circle Settles for $1.75M; DAO Votes Yield Guild Games Out
Merit Circle and seed investment company Yield Guild Games (YGG) have agreed to a $1.75 million settlement after ordinary investors voted to kick YGG off the project. On grounds that YGG was not “add...
TRON DAO to Withdraw Another 3 Billion TRX to Protect USDD Peg
The TRON DAO Reserve has withdrawn another three billion TRX to protect the peg of its USDD stablecoin. It withdrew $2 billion a few days ago, which highlights the stress the market is having on stabl...
Tron DAO to withdraw another 3 billion TRX from exchanges
The Tron DAO Reserve will pull another 3 billion TRX (worth about $180 million) from crypto exchanges as it supports the price of Decentralized USD, the stablecoin known by its ticker USDD. In a twee...
Is UNFI’s [Unifi Protocol DAO] 200% rally just another case of exit liquidity
The cryptocurrency space has spent the entire year struggling as many market experts expect a deep bearish phase. Many cryptocurrencies have fallen from regions seen as all-time highs over a year ago....
Meet FREEDOM – The First DAO as a Service
FREEDOM MetaDAO is creating the first DAO as a Service that enables freedom of speech, privacy, and protection. The platform allows users with little to zero knowledge of the crypto space to establish...
Decentral Games Received $1M From Decentraland DAO
Blockchain News Decentral Games play and earn project, responsible for 60% of all activity in the Decentraland (MANA) Metaverse. One of its products now has the largest grant in Decentraland history s...
Tron DAO To Purchase TRX Again, Contributes $100 Million For The Same
Tron’s TRX token had increased by up to 27% before plunging a few hours ago. This was due to stablecoin, USD (USDD) has moved closer to its targeted $1 peg. TronDAO, a decentralized autonomous organiz...
YGG And Merit Circle DAO Evade Legal Tussle Securing A Settlement
For Merit Circle Ltd and Yield Guild Games (YGG), looking for a neutral settlement for their differences is a more peaceful option. Unfortunately, the DAO decided to eliminate YGG through community vo...
TRON DAO Reserve withdraws TRX from Binance as USDD depegs further
The TRON DAO Reserve has announced plans to withdraw 2.5 billion TRX from the Binance cryptocurrency exchange. The withdrawal has been done to maintain TRX’s value and make it hard for sellers to shor...
TRON Native Token TRX Up 27% Following DAO $220M Deployment for Token Purchase
The price of TRX benefitted from a committed move by the TRON DAO to shield its USDD stablecoin from collapsING following the recent dip. The TRON network’s native TRX token surged 27% in the last 24 ...
Tron DAO Injected over $2 Billion To Support the Tron market
The Federal Reserve of the United States has hiked interest rates by 75 basis points and since then the TRON (TRX) prices are up by more than 24%. Moreover, Crypto Finance, an asset management firm, h...
Tron DAO Withdraws Further 3 Billion TRX Totaling 5.5 Billion In 24 Hours To Protect TRX and USDD
– Advertisement – TronDAO To Withdraw A Further 3 Billion TRX From Exchanges, Making A Total Of 5.5 Billion TRX Withdrawn Since USDD Experienced A De-Peg. TronDAO Reserve has been withdraw...
TRON DAO Reserve to Withdraw Another 3 Billion TRX to Protect USDD Peg
TRON DAO Reserve is prepared to withdraw another 3 billion TRX tokens from a centralized exchange and a decentralized finance (DeFi) lending protocol as part of efforts to prevent a similar occurrence...
Tron DAO Reserve pulls 2.5 billion TRX from Binance as USDD slips further from peg
The Tron DAO Reserve plans to withdraw 2.5 billion tron (TRX) tokens, worth about $125 million, from the Binance exchange as it attempts to prop up the price of its USDD stablecoin against the US doll...
TRON DAO Reserve Withdraws 2.5 Billion TRX From Binance to Safeguard USDD Peg
The last thing Justin Sun – founder of TRON – would like to see is the UST-Terra fiasco being repeated again on his stablecoin project USDD. The confident founder, who had vowed the lost peg of the st...
Since YGG As Well As Merit Circle DAO Reached An Agreement A Legal Battle Was Avoided
Merit Circle Ltd is a firm that launched the Merit Circle DAO to assist gamers interested in play-to-earn games by lending goods from its treasury and providing instructive content. Originally, the DA...
EarthFund Launches Allowing ‘Anyone’ To Set Up A DAO To Fund World-Changing Causes
The decentralized fundraising platform will allow anyone to set up their own decentralized autonomous organization (DAO) to fund humanitarian and environmental causes they love, making a real and mean...
Lacoste’s luxury DAO, Bill Gates slams Bored Apes and more
Lacoste launches NFTs and DAO Accessible luxury brand Lacoste has launched a nonfungible token (NFT) project named Undw3 that includes a new decentralized autonomous organization (DAO) that will offer...
Tron DAO Purchases $50M Worth of Bitcoin and TRX To Safeguard Blockchain Industry & Crypto Market
In an announcement, Tron DAO reserve, an organization that oversees the USDD’s reserves, reveals that it has purchased Bitcoin(BTC) and Tron(TRX) worth $50 million. Tron made the announcement in a twe...
Decentralized DAO, EarthFund Launches To Promote Simple & Democratized Funding for World-Changing Causes
Launched today, EarthFund, a decentralized not-for-profit platform, aims to allow anyone to use blockchain technology to raise funds for causes that can promote good around the world. Blockchain techn...
Decoding the Possibility of USDD Dropping More, How Tron DAO Is Set To Protect
TRON’s freshly introduced USDD algorithmic stablecoin has already encountered difficulties. It wasn’t long ago that the crypto market saw the demise of a crypto asset. This crash was influenced by Ter...
Tron DAO Reserve adds another 500 million USDC to help USDD stablecoin peg
Tron DAO bought another $500 million worth of the stablecoin USDC on Tuesday to further expand its reserve assets pool and salvage confidence in its algorithmic stablecoin called Decentralized USD (US...
SUNRISE GAMING BY DAO to Make Casino Games Decentralized
SUNRISE GAMING BY DAO is dedicated to make casino games decentralized as well as make all the games trackable on its native blockchain. We have listed our native tokens, $SUNC and $xSUNC, on Uniswap i...