DAI’s supply has fallen by 50% from the 2022 peak. MKR suffers increased distribution causing its price to plummet. Due to the decline in the prices of its underlying assets, the total supply of DAI,...
Tag: MakerDAOs
Will MakerDAO’s New Change Save DAI From Becoming Another UST?
In the midst of the chaos that is presently plaguing the crypto market for the past twenty-four hours — with USDC depegging from its $1 value to rising concerns over the extent to which it can affect ...
MakerDAO’s Total Collateralization Stands at 15.4%; Report Says
MakerDAO tweeted that the total collateralization of the system is at 15.4%. The platform commented that there was no liquidation over the past week. It also announced the smooth functioning of PSM po...
MakerDAO’s MKR price forms rare pattern amid a debt ceiling rise
Maker (MKR/USD) price formed a double-top pattern as a vote on capital deployment continued. The MKR token retreated to a low of $855.36, the lowest point since March 3 of this year. It has plunged by...
MakerDAO’s governance token sees a 37% decrease in 24H trading volume
Ad MakerDAO, the governance token behind the fourth largest stablecoin by market capitalization DAI, has decreased in trading volume by 37% and seen a 3.7% dip in token price over the last 24 hours. (...
MakerDAO’s partnership with Centrifuge predicts this for MKR holders
Interesting times are ahead for MKR as MakerDAO collaborates to support real-world assets in DeFi. MKR struggles to maintain a rally after encountering resistance. The idea of bringing real-world asse...
Paxos wants to up USDP collateral backing for MakerDAO’s DAI stablecoin
Paxos has proposed a partnership with MakerDAO that will essentially increase the Paxos dollar (USDP) backing for the DAI stablecoin issued by the Maker protocol. Before it, Maker collaborated with Ge...
Lido Finance Up 8% After Overtaking MakerDAO’s TVL
Lido Finance’s LDO token is up by almost 8% in the past 24 hours, reaching a weekly high of $1.26 earlier today. LDO’s price surge comes after the liquid staking protocol overtook DAI creator Ma...
Assessing MakerDAO’s [MKR] health following its displacement by Lido
MakerDAO had a system surplus at press time, indicating that the total debt owed was not more than the value of the collateral in the system Its displacement by Lido might be temporary due to its slip...
Should MakerDAO’s declining revenue be a cause of concern for MKR holders?
MakerDAO’s total revenue declined over the past month. However, MakerDAO’s TVL continued to grow amidst its partnership with GnosisDAO. According to new data provided by Messari, MakerDAO’s revenue de...
MakerDAO’s latest developments could have this effect on MKR and its holders
MakerDAO announced a new proposal that would remove REN BTC vaults Their revenue through real-world assets increased, however, TVL declined In a tweet dated 10 December, MakerDAO revealed that they wo...
Why MakerDAO’s TVL has continued to drop in the first week of December
MakerDAO’s TVL plunged over the past week Its price suffered as well, declining drastically over the past few days MakerDAO [MKR] experienced a substantial drop in its total value locked over the l...
MakerDAO’s removal of ‘bad debt’ might be a good thing for users
MakerDAO has liquidated a few of its vaults to reduce risk and exposure to bad debt Whales continue to show interest in the token, despite its TVL declining After the FTX debacle, many in the crypto-c...
MakerDAO’s portfolio gets riskier, what does it mean for the investors
In a recent development, it was discovered that MakerDAO‘s portfolio’s exposure to risk had grown quite a bit, even though it had declined steadily over the past six months. Here’s AMBCrypto’s Price P...
MakerDAO’s plan to break the dollar peg
MakerDAO, the protocol that issues the Dai stablecoin, has passed a governance proposal beginning the transition to its “Endgame Plan.” This plan fundamentally changes many aspects of MakerDAO. Here’s...
Coinbase to Custody MakerDAO’s USDC Funds Worth $1.6B
The USDC is a third of the treasury supporting Maker’s Peg Stability Module. The DAO will receive up to 1.5% rewards on the assets. After being presented by Coinbase Institutional on September 6, the ...
Coinbase to Significantly Benefit From $1.6B Transfer of MakerDAO’s USDC, Analyst Says
Lau wrote that the added USDC on Coinbase Prime would help the company gain assets and aid Coinbase’s ability to conduct similar proposals, while also potentially growing the total addressable market ...
MakerDAO’s revenue stats can help you decide if you should invest in MKR
MakerDAO dominated the DeFi space in terms of market cap. At press time, it was ranked number one when compared to other protocols. In spite of that, it wasn’t able to generate a profitable quarter in...
MakerDAO’s $500M Investment To Bolster DAI Reserves
MakerDAO has invested $500 million of its reserves in traditional assets to diversify its balance sheet and strengthen the DAI stablecoin backing. Investing In Traditional Assets Decentralized autono...
Can MakerDAO’s latest development drive MKR towards its next bull rally
MKR holders that aped in towards the end of September are pleased with their decision considering the healthy run-up in the last two weeks. The Maker DAO native token earned its way into the list of t...
What MakerDAO’s ‘Endgame Plan’ means for Curve’s liquidity pools
When MakerDAO’s [MKR] co-founder introduced the Endgame Plan for the protocol, community members were hopeful of a change in decision making and governance mechanisms. It has been more than a month no...
Curve Finance: Impact of MakerDAO’s Endgame Plan on DeFi Protocols
MakerDAO co-founder Rune Christensen’s “bold” decision may backfire due to several technicalities. One such concern is raised in a report highlighting the impact of Christensen’s ‘Endgame Plan’ on def...
Will MakerDAO’s new proposal and new whales be enough for MKR
MakerDAO has launched a new proposal to make progress in terms of fees and debt ceilings. Worth pointing out, however, that these new developments may not have generated interest from retail investors...
Could Endgame Ease MakerDAO’s Governance Tensions?
Infighting at MakerDAO could think twice about’s market strength Completely shifting away from USDC has its downsides USDC Price at the time of writing – $1.00 In the relatively recent past MakerDAO’s...
Could Endgame Ease MakerDAO’s Governance Tensions?
Infighting at MakerDAO could compromise MakerDAO’s market dominance “There are political and structural issues in the workforce nobody has ever uncovered before that I have just recently encountered a...
Coinbase Looking To Acquire $1.6B of MakerDAO’s USDC
Coinbase earns interest from USDC, which makes up 35% of Maker’s collateral Maker would earn up to $24 million in revenue from the investment The very-centralized crypto exchange Coinbase has proposed...
MakerDAO’s Christensen Pushes “Endgame Plan” to Save DAI From Attack
Key Takeaways Following the Treasury Department’s move to sanction Tornado Cash earlier this month, MakerDAO co-founder Rune Christensen has proposed an “Endgame Plan” to save DAI fr...
100-Year-Old Pennsylvania-Based Bank Approved to Leverage Makerdao’s Stablecoin Vault – Coinotizia
Makerdao, the decentralized autonomous organization (DAO) that issues the stablecoin DAI, approved a governance proposal that provides “collateral integration from a U.S.-based bank.” The Makerdao gov...
100-Year-Old Pennsylvania-Based Bank Approved to Leverage Makerdao’s Stablecoin Vault – Defi Bitcoin News
Makerdao, the decentralized autonomous organization (DAO) that issues the stablecoin DAI, approved a governance vote that provides “collateral integration from a U.S.-based bank.” The Makerdao governa...
Aave proposes stablecoin to rival MakerDAO’s DAI
Aave Companies, the firm behind decentralized finance (DeFi) protocol Aave, introduced a proposal to create a native decentralized USD-pegged stablecoin GHO on July 7. The proposal is up for discussio...
Aave Wants to Launch a Rival to MakerDAO’s DAI Stablecoin
Key Takeaways Aave has put forward a governance proposal to launch a decentralized dollar-pegged stablecoin on the Aave Protocol. If accepted by the community, GHO would be available to borrowers who ...
MakerDAO’s Members Startled By Its Striking Governance Proposals
MakerDAO is trying to strike a balance between business efficiency and the egalitarian principles of decentralized autonomous organizations. For the uninitiated, MakerDAO is the oldest and one of the ...