The crypto market continues to take heavy blows across the bearish market. Due to the current market turmoil, DeFi’s total value locked (TVL) decreased by 55% since the end of April. In fact, at press...
Tag: MakerDAOs
MakerDAO’s Founder Predicted TerraUSD (UST) As Ponzi In January, But Many Ignored
– Advertisement – The MakerDAO founder had warned that UST will go to zero because it is a solid Ponzi. It is no longer news that TerraForm Labs ecosystem tokens, including TerraUSD (UST) ...
MakerDAO’s DAI Heads to Ethereum Layer 2 StarkNet
Key Takeaways MakerDAO has announced a multi-phased integration with the Ethereum Layer 2 network StarkNet. The first of the four planned phases will include a DAI bridge between Ethereum and StarkNet...
Could Terra’s New Curve Pool Kill MakerDAO’s DAI?
Key Takeaways Terra is planning to launch a new, heavily incentivized liquidity pool for its UST stablecoin on Curve Finance. As opposed to the now largest stablecoin pool, 3pool, the 4pool, would exc...
Does MakerDAO’s announcement hint at wedding bells for TradFi, DeFi
The word “DAO” got off on the wrong foot with the crypto community, but eventually shed its hacker image and became recognizable as a future-facing trend. Now, an announcement from MakerDAO has the po...
Is Makerdao’s Defi ready to grow using real-world assets?
The bull market was advantageous, according to Hexonaut, but “time is running out” and Makerdao needs to “take the next step and begin integrating with the real world at scale.” On March 16, Hexonaut,...
MakerDAO’s community proposal for an alternative for governance Token MKR- why and consequences
On Monday, community leader monet-supply proposed an alternate token economic mechanism on the MakerDAO forum. If the proposal is approved by a full governance vote, the protocol’s present governance...
Decoding MakerDAO’s performance and what investors can do
While many investors are busy looking at crypto-assets like coins or tokens, we also need to keep an eye on DAOs. In particular, MakerDAO – the project behind MKR tokens and DAI – has been seeing some...
How MakerDAO’s Content Team Was Fired by MKR Holders
In brief MakerDAO transitioned to decentralized governance in 2021. The Maker Protocol is now governed by people who hold MKR tokens. A successful December proposal called for the “offloading...