MakerDAO has a new proposal to introduce a debt ceiling breaker. MKR has commenced a new bear run. In a new emergency executive proposal, leading DeFi platform MakerDAO [MKR] has sought community app...
Tag: MakerDAO
MakerDAO cites ‘uncertainty’ to usher in new changes to protocol
MakerDAO introduces changes to protocol owing to uncertainty in the stablecoin space While MKR took a hit on the charts, interest in DAI has continued to grow rapidly As the FUD around stablecoins gat...
MakerDAO voting to limit dai volatility during market emergencies
MakerDAO delegates are voting on a proposal to introduce a debt ceiling breaker for collateral assets used to mint dai — to prevent situations where the protocol’s stablecoin is adversely impact...
MakerDAO looks to limit volatility after USDC troubles pushed some users to DAI
MakerDAO, which manages the “decentralized” dai stablecoin, launched an emergency proposal to reduce the amount of DAI that can be minted with other centralized stablecoins after concerns ...
MakerDAO surge following new proposal on stablecoins
MakerDAO is insulating itself from the vulnerability to risk associated with stablecoins according to the firm’s new proposal. It is a reaction to the recent depegging of USDC, which has rekindled wor...
MakerDAO Devises Emergency Plan To Safeguard DAI Stablecoin
6 seconds ago | 2 mins read Altcoin News The value of DAI, a stablecoin tied to the U.S. dollar, fell to an all-time low of $0.88. The stablecoin issuer has recommended similar measures for DeFi proto...
MakerDAO [MKR] reacts to Stablecoin contagion with this proposal
MakerDAO reveals an emergency proposal to reinforce its platform against stablecoin risks. USDC de-pegging inadvertently triggers demand for MKR. MakerDAO is making moves aimed at protecting against e...
Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident – Bitcoin News
On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the USDC depegging incident that saw the stablecoin dip down to $0.877 per unit. At the time of wri...
MakerDAO launches emergency proposal to limit USDC exposure
MakerDAO’s risk unit issued an emergency proposal to its governance community following the depegging of the USDC stablecoin after the collapse of Silicon Valley Bank. Maker is the DeFi lending ...
MakerDAO Proposes to Increase Treasury Bond to $1.25 Billion
Decentralized finance (DeFi) protocol and issuer of the DAI stablecoin MakerDAO has proposed to deploy another round of funds to invest in the United States Treasuries to enable it to take advantage o...
MakerDAO Eyes More US Treasury and Bond Investments
Decentralized protocol MakerDAO is looking to increase its investments in US Treasury and bonds to $1.25 billion in a proposal by community member and CEO of Monetalis, Allan Pedersen. In an ear...
MakerDAO proposes additional $750M in U.S Treasury Bond investments
MakerDAO has proposed allocating an additional $750M to invest in U.S Treasury bonds As of January 2023, this investment strategy had generated $2.1 million in lifetime fees MakerDAO, the decentralize...
MakerDAO faces criticism over tokenomics plan amidst high-stakes US treasury investment strategy
Ad MakerDAO, the governance token behind the fifth most popular stablecoin DAI, is contemplating an increase in its United States Treasury bond investments to $1.25 billion from its previous allocatio...
MakerDAO Plans to Ramp Up its US Treasury Bond Investments to $1.25B
MakerDAO recently announced the extension of its US treasury bond investments. The extension is from $500 million to $1.25 billion. The strategy is expected to provide an annual yield of 4.6% to 4.5%....
MakerDAO proposes additional $750m investment in US bonds
MakerDAO is considering investing $750 million in US Treasury bonds to take advantage of the current yield environment, with the proposal expected to increase the ceiling to $1.25 billion. If approved...
MakerDAO Considers $1.25 Billion US Treasury Bond Investment
MakerDAO is considering raising the ceiling of its Treasury bond investments to $1.25 billion. A proposal was listed on March 6, stating that it would help take advantage of the current yield environm...
MakerDAO Analyst: You Cannot Change World with $100M DAI Tokens
A financial analyst recently discussed the financial operations of Maker DAO. Derivaux said the DeFi giant needed scale to bank the unbanked. The crypto community criticized allowing the MKR token to ...
MakerDAO gains 27% in price in a week, outperforms BTC, ETH
The governance token of MakerDAO, MKR, topped gains last week, trackers on Mar. 5 show. MakerDAO leads weekly gains MKR roared roughly 27% in seven days ending Mar. 5, pushing its market cap to over $...
MKR Price surged, MakerDAO may enable MKR as collateral for DAI
1 MakerDAO plans to enable MKR as collateral for the DAI stablecoin 2 Maker (MKR) token price surged 13% and formed a bullish continuation pattern 3 MKR crypto price breakout of the 200 day EMA and pr...
MakerDAO Rejects $100 Million Loan To Cogent Bank –
Join Our Telegram channel to stay up to date on breaking news coverage The MakerDAO community has turned down Cogent bank’s proposal to borrow $100 million from the platform. According to the decentra...
MakerDAO Proposal to Borrow DAI With MKR Token Faces Heat
Decentralized stablecoin DAI is creating headlines for the wrong reasons following MakerDAO’s Endgame tokenomics. Some even raised concerns by recreating links to Terra ecosystem collapse and UST de-p...
MakerDAO: Whales extend solidarity as MKR braces for key battle on this front
The MKR supply held by top addresses increased over the past week. DAI’s borrowing volume failed to show appreciable growth in the past few months. According to data from Santiment, MakerDAO [MK...
Crypto Community Disagrees as MakerDAO Will Allow MKR to Borrow DAI
A Twitter user said the co-founder of MakerAO made a disappointing proposal. The proposal was that MKR should be used to borrow the DAI stablecoin. The BitMEX co-founder compared it to the case of the...
MakerDAO [MKR]: Will DAI adoption improve with new protocol?
MakerDAO’s new protocol could help improve DAI adoption. Selling pressure on MKR increased as MVRV ratio rose. Messari, in a 22 February tweet, announced the launch of MakerDAO’s new vertically integr...
MakerDAO Endgame Tokenomics Attracts LUNA, UST Comparisons – Here’s Why
The monumental restructuring proposal by the MakerDAO co-founder continues to attract criticism. An excerpt from the MakerDAO Endgame tokenomics has caused a stir on crypto Twitter today, attracting c...
TechOps Core Unit takes over management of MakerDAO Github
MakerDAO announced on Feb. 20 a long-awaited change to its GitHub operations. “We are now at a place where Dai Foundation has handed over the management of the MakerDAO Github organization to th...
MakerDAO Co-Founder Mushegian Left ‘Principles’ of His Latest DeFi
Vladislav Sopov Late Nikolai Mushegian, prolific DeFi evangelist and early contributor of MakerDAO, DAI, RAI and other game-changing systems, described his vision of perfect DeFi product Contents Neut...
MakerDAO Votes to Bring Another Commercial Bank Into Its Ecosystem
The cryptocurrency lending platform MakerDAO is holding a vote on a new proposal to include another commercial bank into its ecosystem. This would improve the relationship between conventional finance...
MakerDAO voting on $100M loan participation with Florida commercial bank
Crypto lending platform MakerDAO is voting on a new proposal to bring another commercial bank into its ecosystem, strengthening the connection between decentralized finance (DeFi) and traditional fina...
MakerDAO Launches Spark Protocol to Compete with Aave
MakerDAO is a prominent player on the cryptocurrency market and a leader in decentralized finance (DeFi). Despite its significance in the blockchain industry, its token, MKR, did not experience a nota...
DeFi Platform MakerDAO Integrates Chainlink Automation for Stablecoin DAI ⋆ ZyCrypto
Advertisement     The step aims to stabilize the stablecoin amid a volatile market. According to the Maker’s voting page, the new system goes live on Feb.11. Cryptocur...